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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.


Equilibrium And Ren Have Partnered To Scratch Each Other’s Backs In DeFi

18 Dec 2020 1 minute read 2 comments Equilibrium

  Equilibrium and Ren are teaming up to mutually beneficial ends. Equilibrium will gain access to RenVM’s BTC bridge on Polkadot, and RenVM will see increased demand for its services as a fresh surge of users peg in and out of BTC. Bridges are import...

Polkadot Launches Polkastarter DEX, Aims At Rivaling Ethereum

16 Dec 2020 1 minute read 0 comments CryptoBrowser

Meanwhile, The Polkastarter (POLS) Token Recorded A Monthly Growth Of 75% Polkadot, dubbed as a direct rival to the altcoin leader Ethereum, announced the launch of the Polkastarter decentralized exchange. Polkastarter’s main design features include...

A week in Kusama: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Kusama News From Dec 9,The maximum number of Kusama validators in the active set has started to increase by 1 each era until it reaches 900 validators (increasing from 700). Polkadot-JS now has a page to view bounties. https://polkadot.js.org/apps/?...

A week in Polkadot: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News The maximum number of validators in the active set has started to increase by 1 each era for 44 eras, leading to a new maximum of 296 (currently 252). https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/democracy/dispatch Th...

Cardano CRUSHING Polkadot!!! Crypto News

12 Dec 2020 1 minute read 21 comments Hooked2TheChain

Firstly, I'm a huge fan and supporter of Polkadot. I own DOT and regularly cover their updates. They supposedly have over 230 projects claiming they want to build on Polkadot. Once parachain support goes live, or if there is any sort of timeframe giv...

Polkadot (DOT) Completed Bullish Gartley Setup For Upto 32.4% Bullish Move

11 Dec 2020 1 minute read 0 comments moon333

On daily chart, the price action of Polkadot (DOT) has completed the final leg of Gartley pattern and entered in potential reversal zone.  Click here to create free account on tradingview to watch and play the chart on realtime     Buying And Sell T...

Facebook Crypto DIEM VS Tether

11 Dec 2020 1 minute read 7 comments Coincobra

Currently, stablecoin Tether is the fourth most traded cryptocurrency in the world calling attention to its performance. To give you an idea even the american government to use to carry out financial transactions. This is due to the fact that the USD...

Technical Analysis: Bitcoin 09/12/2020 ATH Soon?

9 Dec 2020 1 minute read 0 comments Crypto Army

In this article we are going to discuss the recent move of Bitcoin. Bitcoin suffered almost 8.5% dump in few hours. But based on technical analysis we are going to show for the viewers the possibility of going back up to previous levels and all the p...

Polkadot (DOT) Explained in 60 Seconds

7 Dec 2020 1 minute read 0 comments CryptoSlackers

Polkadot is a global network of blockchains that serves as a foundation for a new peer-to-peer internet by both allowing new blockchains to be built on its framework, as well as enabling existing blockchains to connect, or bridge, to the Polkadot Net...

A week in Polkadot: November 30 - December 6, 2020

7 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News Polkadot's first gathering since the network's launch and decentralization, Polkadot Decoded, aired on Thursday, 3 December 2020. Over 6,500 people tuned in to watch a wide variety of speakers from the Polkadot and broader Web3 ecosyst...