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Polkadot Network (DOT)

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Polkadot is a revolutionary blockchain infrastructure designed to enable the next generation of the web where users control their own data and identity. It creates this infrastructure by providing a way to connect different, independent blockchains together in a single network, allowing them to interoperate, exchange data, and process transactions with the benefit of shared security provided by the Polkadot Relay Chain. It also allows interaction with non-blockchain systems and established blockchains such as Bitcoin and Ethereum. 

With a transaction speed of up to one thousand transactions per second, Polkadot solves the major problems that hampered blockchain adoption to date and enables blockchain applications from decentralized finance (DeFi) and energy to the Internet of things (IoT) and gaming. 

Polkadot is built using Substrate, a modular framework for building blockchains. Chains built with Substrate can easily connect to the Polkadot ecosystem. 

Polkadot is a project of Web3 Foundation.

Before being integrated into Polkadot, the technology can be tested on the experimental platform Kusama, which has been built with (almost) the same code.

DOT - the native Polkadot tokens - serve several functions. They: 

  • give holders a role in controlling the governance of the platform
  • are staked for operating the network
  • can be bonded for a parachains
  • can be used to pay fees within the network

Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.


3 Altcoins Set to Explode 💥 FREE Ethereum | Polkadot Parachain Update

7 Jan 2021 1 minute read 1 comment Jay Fried

In this video we will look into 3 #Altcoins Set to Explode, that are launching on the #Polkadot Network. I am also going to do multiple #crypto giveaways and give out a bunch of FREE #Ethereum. Polkadot is set to announce #Parachain assignments for...

First Encounter With The Polkdadot, DOT, XOR & Kusama, By Testing PolkaSwap. Polkaswap Tutorial.

6 Jan 2021 1 minute read 1 comment surpassinggoogle

  So today, I decided to test Polkaswap live to start getting familiar with the Polkadot ecosystem and Polkadot and DOT seem to be getting more established and constitutes an entire trend in the sphere of cryptocurrency for its incorporation of inte...

Acala - Stablecoin on Polkadot

6 Jan 2021 1 minute read 0 comments Novasky

Polkadot has a lot of potential and many development groups around the world are waking up to it's potential. Polkadot has enough means to replace many ETH backed projects on their network. Many of them are stablecoins which could benefit more from t...

3 new reasons to be worried about

4 Jan 2021 1 minute read 1 comment VNFC

hello beware of what I noticed today. It is important to verify the emails received to belong of the official corporation. 1. 2500 XLM Airdrop. Really? I just received an email for an 2500 XLM airdrop if I will fill some info after clicking a link....

Sora Ecosystem - Polkaswap

3 Jan 2021 1 minute read 5 comments Thingsyousee

Polkaswap: a decentralised token exchange for the Polkadot ecosystem.   The Polkaswap testnet is now live and it looks amazing if you would ask me https://test.polkaswap.io/exchange/wallet The features that you can play around with right now are swa...

This is not an ordinary AMPLEFORTH review - Pros and Cons

3 Jan 2021 5 minute read 5 comments VNFC

  Inception: what is AMPLEFORTH? Do you know what is a Stablecoin? In two words: it is a coin with a stable value. Some well known examples are: - FIAT-collaterized coins (1$ is deposited into a bank for every crypto USD "printed"): USDC, TUSD, PAX,...

Polkadot price skyrockets thanks to Binance

1 Jan 2021 1 minute read 1 comment Makingdigital

The Swiss DOT token has managed to mark a strong uptrend in recent days thanks to the support of Binance. The most important international exchange together with Bittrex has included the DOT / BUSD pair in its market. The binance stablecoin is combin...

What is Polkadot? ATH and staking on binance

30 Dec 2020 1 minute read 1 comment arro

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. Polkadot provides unprecedented econo...

A better version of Amazon Web Services is decentralised and runs on Polkadot

29 Dec 2020 2 minute read 1 comment Diana King

However misfortunate 2020 appears to be, it is also a year that will soon give us a much more profound equivalent of Amazon Web Services for the Internet of Things. The Robonomics Web Services parachain is set to provide both existing and upcoming Io...

PancakeSwap Introduces Reef Finance Staking!

29 Dec 2020 1 minute read 5 comments EliteHodler

CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from Reef, the first cross-chain DeFi operating system built on Polkadot! The Syrup Pool: Stake CAKE tokens, to earn REEF tokens! Total Tokens: 100,000,000 REEF Distrib...