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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.


CUTTING LOSSES IN LONG TERM BONDING OF TOKENS - POLKADOT/BIFROST SOLUTION

18 Mar 2021 3 minute read 2 comments kev_nag

INTRODUCTION:  [ This introduction is reproduced from my prior article entitled "Common Goods Parachains in POLKADOT & The Free-Rider Problem" found at https://www.publish0x.com/kev-nag/common-good-parachains-in-polkadot-and-the-free-rider-proble-xnq...

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 DeFi Gateway Reef Finance Gets $20 million from Alameda Research

13 Mar 2021 1 minute read 1 comment Novasky

Polkadot is hot these days with every invested blockchain project in it's ecosystem making some name and earning funding this year. One such project that has got some decent funding for it's DeFi effort is REEF. Reef finance is one of the first cross...

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...

Polkamarkets Hits KuCoin...The FOMO was REAL

16 Mar 2021 2 minute read 0 comments BussTechno

Polkamarkets (POLK) was added to Kucoin at 1100 GMT today.  For some U.S. citizens that is too dang early in the morning to be watching the charts; fortunately for you I took one for the team to see what kind of madness was about to happen.  Immediat...

No. 1 $$$ Strategy in This Crypto Market — Coin Jumping

25 Nov 2020 3 minute read 8 comments AlucardLife

If you have a hare trigger trading personality like mine, you know the feeling of itchiness in a bull market. If you're anything like me, you don't have unlimited funds and you want to make the most of good times. Here's the strategy I'm using now to...

The Best Projects On Polkadot (Top Ten 2021)

7 Feb 2021 3 minute read 36 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Regarding the technical functioning of Polkadot I had already talked about it in this article: Will Polkadot (DOT) Be The New Ethereum? How Does It Work?However, the most important thing to understand is the functionality of the parachain: independen...

Is Polkadot (DOT) Ready for Its Big Break? Is it Now or Never?!

23 Mar 2021 8 minute read 1 comment Michael @ CryptoEQ

Overview Polkadot is an open-source blockchain network designed to enable various separate, siloed blockchains to become interconnected, application-specific sub-chains called parachains. Each chain built within Polkadot uses Parity Technologies...

Polkadex x Satoshi CLUB AMA Session 25 Feb 2021

14 Mar 2021 14 minute read 1 comment Satoshi Club

PART 1. Introduction of Polkadex project and community questions. Hello, Satoshi clubbers and guests of this site. We are happy to present you with a project called Polkadex.Polkadex: The trading engine for web3 and Defi. A fully decentralized,...

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...