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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.


Okex lists Polkadot token on its platform

18 Jul 2020 1 minute read 0 comments CryptoArgha

Famous Crypto Currency Exchange and futures exchange Okex announced to list polkadot token on its platform According to announcement shares by okex exchange on july 17 says Polkadot (dot) token will be paired with stable coin tether Okex also will ad...

How to run your own Polkadot Validator on Ankr?

17 Jul 2020 3 minute read 2 comments Ankr Network

In this tutorial, we will show you how to deploy and run a Polkadot Validator node on Ankr Set up your Polkadot Full Node on Ankr 1. Head to app.ankr.com to deploy and click the Deploy A Node button. 2. Search or scroll down to find the Polkadot car...

EDG - So How Has It Performed Since My Pick?

17 Jul 2020 1 minute read 3 comments Sapphire

My Recent Altcoin Addition Approximately a week ago I published "EDG - My Latest Exposure - From The Polkadot Network!", which is a quick introduction to Edgeware and why I am adding it to my risk allocation section of my portfolio. I said I would gi...

Ankr presents: Polkadot.

14 Jul 2020 1 minute read 0 comments Ankr Network

As Polkadot NPoS Validator elections are open and DOT tokens can now be claimed, we have seen investor, community, and developer interest soar. Today we have launched our one-click application for Polkadot NPoS Validators for anyone who wants to part...

What Will Services On Polkadot Look Like?

14 Jul 2020 1 minute read 4 comments Web3 Foundation

Over 100 projects have been or are currently being built for the Polkadot ecosystem, ranging from core technical infrastructure to applications for DeFi (decentralized finance), privacy-oriented data, and digital identity systems (often called self-s...

Polkadot's Vision

10 Jul 2020 2 minute read 0 comments Web3 Foundation

The technology we rely on in our daily lives has, in many respects, fallen out of alignment with human interests, rights, and wellbeing. In response to this growing realization, there's a rising call to action, a global expression of the urgent need...

A Brief Introduction To Polkadot

8 Jul 2020 2 minute read 6 comments Web3 Foundation

Polkadot is a next-generation blockchain protocol that connects multiple specialized blockchains into one unified network. Polkadot builds on the revolutionary promise of previous blockchain networks while offering the following fundamental advantag...

EDG - My Latest Exposure - From The Polkadot Network!

7 Jul 2020 1 minute read 6 comments Sapphire

Finding New Projects With Promise My readers will know that I don't restrict myself to one aspect of Crypto. I love looking for passive income opportunities, I trade full-time, I do some content creation, build Crypto economies that feed off of each...

Kusama - Polkadot's Wild Cousin!

6 Jul 2020 1 minute read 3 comments Sapphire

A Canary Network By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The officia...

Introduction To Polkadot.- The First Blockchain With Many chains, One Network

13 Jun 2020 2 minute read 0 comments Iforbusiness

As we all know there are many Blockchains but they can't communicate with each other because every blockchain differs from other blockchains by the means of structure, mining protocol, nature, and goals. So doing a specific task you have to depend o...