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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 Is Launching Its EQ Token Generation Event

12 Nov 2020 1 minute read 0 comments Equilibrium

We are launching our mainnet and conducting a token generation event that will see our newly minted EQ tokens released into the market. The EQ token generation event is taking place today, November 12th. Equilibrium’s EQ token can be used as collater...

Why I'm Buying Dot & Best Way to Stake Polkadot & How I Buy Crypto NO Fees

11 Nov 2020 1 minute read 7 comments Jay Fried

In this video we discuss why I'm Buying Dot, DOT crypto is the native cryptocurrency of the Polkadot Network. I am also going to show you the best and easiest way to stake DOT Polkadot, using the Kraken Crypto exchange. I also want to show you my ne...

Kusama - Why It Has Been One Of My Best Altcoin Picks In 2020!

11 Nov 2020 2 minute read 0 comments Sapphire

Holding Strong Kusama has performed exceptionally well during 2020 and just so happens to be one of my best picks this year. Unibright is another altcoin I picked up in late 2019, if I remember correctly and is still up approximately 1000% from my en...

A week in Polkadot: November 2 - 9, 2020

9 Nov 2020 2 minute read 0 comments Web3 Foundation

Polkadot News Bruno Škvorc, Technical Educator at Web3 Foundation, showed how to add your own Substrate pallets to a blockchain (increasing its functionality). https://www.crowdcast.io/e/substrate-pallets/ Bruno is also a Polkadot and Kusama Council...

A week in Kusama: November 2 - 9, 2020

9 Nov 2020 1 minute read 0 comments Web3 Foundation

Kusama News Referendum 91, to redenominate KSM by 100x, has failed. https://kusama.polkassembly.io/referendum/91 There was a lot of discussion in the Kusama Direction channel and Polkascan about Motion 233, the Treasury Proposal for academic robotic...

EQUILIBRIUM: Expanding the DeFI Horizons!

8 Nov 2020 5 minute read 4 comments SamBTC

The crypto world is totally buzzing these days with new projects popping up every other day. There is a wide variety of projects offering options like moderate but safe and stable rate of interests which are better suited. There also projects offerin...

Polkadot Technical Analysis 07/11/2020

7 Nov 2020 1 minute read 2 comments Crypto Army

Since the First of September, the price of Polkadot have been continuously in a downtrend. However today, based on technical analysis, the price started recovering, moving out of the descending triangle, breaking previous resistance and forming new s...

Equilibrium is Releasing its Core Business Logic on its Public Testnet

5 Nov 2020 1 minute read 4 comments Equilibrium

Equilibrium is launching its core business logic on Polkadot on the testnet! The public testnet is a major milestone for us and will present everything that has been built so far. Users are welcome to join and experience the system for themselves. Ma...

What is Wrapped Bitcoin?

5 Nov 2020 1 minute read 0 comments Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

Equilibrium’s Second Milestone Successfully Completed for W3F Grant

4 Nov 2020 1 minute read 0 comments Equilibrium

You will recall from our earlier communication that Equilibrium is working on a grant that we received from Web3 Foundation to pioneer services facilitating other projects’ migration to the Polkadot ecosystem. We are proud to say that we have now com...