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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.


The Reason Why I Love Publish0x

20 Sep 2020 1 minute read 7 comments fetinafety

I joined Publish0x in May 2020, I did not know much about the platform then I kept a distance and skipped the website. Three months later,  I was starting to think about the website again, specifically in August, 1st 2020. I sign in with my tweeter a...

How to make money if crypto goes down

19 Sep 2020 2 minute read 21 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...

Introducing Westend: The Testnet for Polkadot and Kusama

18 Sep 2020 1 minute read 3 comments Web3 Foundation

Westend provides an environment for our infrastructure partners to test their Polkadot and Kusama deployment and processes. Westend is a Polkadot testnet, replacing Polkadot’s previous Alexander testnet. Westend more accurately resembles how you int...

Consistency Is The Key To Success In Crypto

17 Sep 2020 1 minute read 1 comment Sapphire

An Industry Developing Incredibly Fast Though consistency is key in pretty much every aspect of life and business, it is imperative in the world of Crypto. Things move, advance and develop at such a rate that if you are not consistently in the space...

Polkadot, Kusama and Gitcoin: Building the Future

17 Sep 2020 2 minute read 0 comments Web3 Foundation

Polkadot and Kusama have onboarded to the Gitcoin platform, strengthening the foundations of the Web 3.0 ecosystem and expanding the opportunities for developers to earn from open source projects. This is a landmark step towards our mission to contr...

Turn Your Old Smartphone into a Hardware Wallet.

16 Sep 2020 1 minute read 5 comments Yasin

Parity Signer is a mobile application that allows any smartphone to act as an air-gapped crypto wallet. This is also known as "cold storage". You can create Substrate (Polkadot) and Ethereum accounts, sign messages/transactions, and transfer funds t...

DeFi's and the advance over traditional

16 Sep 2020 1 minute read 1 comment alquimista1501

I have already commented on other occasions about the explosion that is being experienced with Decentralized Finance (DeFi) and how the acceptance of the crypto-enthusiastic public in general is increasing. The massive adoption of many of its platfor...

What is the most used digital payment method? (Spoiler: Neither BTC nor PayPal)

15 Sep 2020 5 minute read 5 comments Roberto D.

If you are passionate about cryptocurrencies, you have surely heard the name Tether by now. A few days ago the daily value of the exchanges of this cryptocurrency born in 2014, from the intuition of the Italian Giancarlo Devasini, would have overtake...

The Inspiration Behind Polkadot

15 Sep 2020 1 minute read 4 comments Web3 Foundation

Gavin Wood has a passion for creating technical solutions for previously unsolvable problems, and delivering them. Following his role as co-founder and former CTO of Ethereum, he moved on to his current project, Polkadot. In the following video you w...

Join the Kusama Thousand Validators Programme

14 Sep 2020 1 minute read 3 comments Web3 Foundation

Receive Nominations to Kickstart your Validator on Polkadot’s Wild Cousin, Kusama Kusama network launched in July 2019 as an early, unaudited version of Polkadot’s codebase. The network launched with a set of 25 validators and has been rapidly passi...