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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.


DOT-KSM are heating up..

3 Apr 2021 2 minute read 0 comments amtraderpro

Hi guys! DOT really met my expectations from previous post and I would say even more! After the news that Coinbase Ventures backs Acala Network on Polkadot, token DOT made a nice leap, breaking with ease the psychological level of $40 and closing the...

BIG NEWS - COINBASE VENTURES is Backing DeFi in the POLKADOT System

2 Apr 2021 1 minute read 3 comments kev_nag

COINBASE VENTURES, the investment vehicle of the COINBASE EXCHANGE, has invested in a Layer-1 Blockchain design that when complete will bring full service DeFi to POLKADOT. The investment is split between ACALA and KARURA, however neither the amount...

Meet Ankr… Our PolkaPets NFT Avatar Bearing Extra Rewards and Utility!

31 Mar 2021 2 minute read 0 comments Ankr Network

Ankr is excited to join the world of PolkaPets — the digital collectible card game that embodies Polkadot ecosystem projects as mythical creatures — with our own unique NFT card. Powered by PolkaPets’ immersive and educational gameplay, this collabo...

Omni: The Most Secure & Efficient Video-sharing Social App

31 Mar 2021 2 minute read 0 comments Top ICO

Who doesn't know about Youtube, a popular video platform that allows people not only to share videos but also to monetize their videos. Youtube is a revolutionary video-sharing platform because it has changed the lives of thousands of people and crea...

Equilibrium Teams Up with Band Protocol: Adding a Leading Cross-Chain Decentralized Oracle to the Fold

31 Mar 2021 2 minute read 1 comment Equilibrium

Band Protocol, the framework for custom oracles and a cross-chain decentralized oracle platform that provides access to more than 150 price feeds, has partnered with Equilibrium to secure stablecoins, lending, and synthetic assets on Polkadot. J...

Sharded Parachain Ecosystems Close to Reality (POLKADOT/ACALA NETWORK)

31 Mar 2021 1 minute read 2 comments kev_nag

As announced on March 26, 2021, ACALA NETWORK secured the first parachain slot on POLKADOT'S Rococo testnet. Parachains such as this are acquired as a result of an auction process whereby different projects bid against each other for the parachain sl...

When Polka $DOT will hit the $100 mark - real FOMO will kick off!

29 Mar 2021 1 minute read 4 comments amtraderpro

Hi guys! I guess there are not many people in crypto community who don't HODL at least one DOT token. If you are one of them let us know in the comments below and buy some of this gem as long as it is still on earth, preparing for the moon mission. I...

Kwikswap Protocol Presents Kwikstarter Incubator & IDO Launchpad on Binance Smart Chain

29 Mar 2021 3 minute read 1 comment Shiller Gorilla

Kwikswap Protocol crew proudly announce Kwikstarter Incubator & IDO Launchpad V1 on BSC (Binance Smart Chain) , our V2 will be powered by Polkadot. Post Polkadot integration, both iterations will function side by side to support BSC and DOT projects...

Polkadot's exciting 10 day Round-Up

27 Mar 2021 1 minute read 2 comments Joker1919

                                 17th march 2021 - Polkassembly Motion 70 : Council members successfully passed a motion  to upgrade to runtime v29. This sends it to the external que where it will then be voted on as a referendum. 19th March 2021 - A...

NFT'S DON'T FRET - Relief from High Gas Fees Are On The Way (POLKADOT/KUSAMA)

27 Mar 2021 1 minute read 0 comments kev_nag

NFT'S may be added soon to POLKADOT thanks to KUSAMA, its canary network. Many of the present initiatives surrounding KUSAMA share a common goal of providing NFT'S on POLKADOT as soon as possible supporting applications in gaming as well as art and m...