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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 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...

Polkadot Flips ChainLink As BNB Rises To Fifth Position!

14 Sep 2020 1 minute read 4 comments Sapphire

It Has Happened A while back I mentioned the possibility of DOT dethroning LINK from the number 5 spot on Coinmarketcap. Well, DOT has flipped LINK but BNB has surprised both to slip in and steal the number 5 position. At the time of mentioning this...

Polkadot (DOT) Attempting to Reclaim September Highs (TA - 14th September)

14 Sep 2020 2 minute read 4 comments pheonixdown-dee

The Polkadot (DOT) price has bounced at an important support level and is aiming to break above its previous highs. Failure to break out above the current resistance area could once again trigger a rapid drop towards the $3 level.   Polkadot Trad...

DeFi Monopoly, the game is just beginning

14 Sep 2020 1 minute read 1 comment alquimista1501

The objective of the monopoly is simple, win the most money and goods while making your opponents go bankrupt. This is achieved by acquiring property, building houses and buildings, and collecting rent for your properties.Controlling the offer is tha...

Polkadot (DOT) Due Diligence Cheat Sheet

14 Sep 2020 3 minute read 4 comments Dan Ballmer

You have likely been told to do your “due diligence and research” on every crypto under the sun. This article offers a quick way to kick-start your Polkadot research by covering the basics. That said, what follows is not financial advice. What is Pol...

What Happened With PHALA Network (PHA) Price Upon Listing. Is PHALA A Polkadot Gem?

13 Sep 2020 1 minute read 0 comments surpassinggoogle

In this cryptoulog, we will take a quick look at Phalanetwork and its coin PHA, which has started out big listing on Huobi, which is well established and big exchange. Did Phala moonshot in turn? What happened to its price once it listed on Huobi? Ho...

Earn DOT and ETH 13-28% APR staking them + Easy Tutorial. Math Wallet

12 Sep 2020 2 minute read 10 comments kodi0014

Intro: During the September dip I have bought some Polkadot, XRP and Ethereum. One of the authors of Publish0x suggested me in a comment to check out a wallet which offers VPOS (basically staking for the crypto to be mined) and a few days ago I decid...

DeFis and its Flammable Gas War

11 Sep 2020 1 minute read 4 comments alquimista1501

We see that the DeFis have become a double-edged sword and we can validate this earlier this month when we were able to observe transactions with commissions that reached the incredible amount of $ 500,000. With a Hash that has grown and a market pri...

Buy DOT Now And Gain 2x

11 Sep 2020 1 minute read 2 comments doyouminecrypto

    Hello!     Pretty confident in what is playing out here.   A trader could buy now and ride it up 16%, as opposed to, waiting for it to breakout from the ascending triangle.   There is a nice little equilateral triangle playing out on the 30 min....