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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.


Polkadot Rushes To Top Five Cryptocurrencies After 100x Denomination

3 Sep 2020 1 minute read 0 comments CryptoBrowser

The Polkadot (DOT) project, funded by the Web3 Foundation, quickly became among the top-five cryptocurrencies based on market capitalization after a 100x redenomination, which occurred on August 21. According to data from CoinMarketCap, after the 100...

Presenting the Kusama Network - Polkadot's Wild Cousin

3 Sep 2020 1 minute read 6 comments Web3 Foundation

Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as its cousin, Polkadot. The origin of Kusama The relationship between society and technology has deteriorated to the point where large entitie...

VG Basic Tutorial for Beginners — Creating a Kulupu Wallet [Updated]

2 Sep 2020 1 minute read 3 comments virtugrana

So, were you interested in the Kulupu cryptocurrency and want to create a wallet? Follow the steps below to create your wallet. In this tutorial, we will be using the polkadot-js web wallet. But, if you parachuted here and don’t know what Kulupu, Po...

The Blockchain project that’s got damn popular of late - Polkadot

2 Sep 2020 2 minute read 7 comments Greenchic

 The new coin suddenly topping the charts - It’s Polkadot From https://www.coingecko.com Past few days, as I opened Coingecko, I noticed a new coin I never heard of occupying the top 6th rank in the coin market capitalisation list and that coin is P...

My Crypto Earnings This Month (August Passive Income)

2 Sep 2020 4 minute read 4 comments johnwege

It is the beginning of a new month and that also means that it is my favorite time of the month.  It is the time that I collect on my passive income in crypto.  This has been an ongoing self-journey of mine, where each month I like to record how I ha...

2020 The New Crypto Alt cycle - aka (10x or go home!)

1 Sep 2020 7 minute read 1 comment TheThird

Introduction - Are You READY ! You would be hard pressed to prove we are not in the beginning of the start of a new crypto expansion cycle. This, for me is confirmed by two key indicators: 1. The excellent S2F bitcoin measure 2, the overarching globa...

$100B can be locked in DeFi before December 2021

1 Sep 2020 1 minute read 0 comments DeFiGuru

Total value locked in DeFi in US Dollar increasing rapidly     Till the date already $9.22 B Total value locked (USD) in DeFi and daily this value increasing rapidly and new projects upcoming to win the race of the DeFi run. Though we can see a emer...

Bitcoin (BTC) is showing some movement and gets dragged upwards by Ethereum ! Quick update on BTC and some new buy-ins in Altcoins !

1 Sep 2020 4 minute read 3 comments Djordi

Hi everyone, Bitcoin (BTC) closed a monthly candle yesterday and it closed on a positive note. It held support around the 11.500 $ level and this is good news. It seems we are consolidating and this would imply a further upwards move in September tow...

AdEx Network's Staking Roadmap: Chainlink & Polkadot Integrations and more (+ Infographic)

1 Sep 2020 3 minute read 3 comments dmngdsm

In late 2018, we announced the AdEx Registry - a system where validators can stake ADX against their performance and reliability to secure the AdEx Network. At the end of 2019, we launched the AdEx staking portal, where anyone can stake ADX towards v...

I Sold All of My Cardano...For Polkadot

31 Aug 2020 3 minute read 24 comments johnwege

Let me start this off by saying I have been a big fan of Cardano since it was first announced; always thinking that it had a lot of potential in the crypto space.  I was holding ADA during it's all-time high price of around $1.33, and kept holding my...