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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 price skyrockets thanks to Binance

1 Jan 2021 1 minute read 1 comment Makingdigital

The Swiss DOT token has managed to mark a strong uptrend in recent days thanks to the support of Binance. The most important international exchange together with Bittrex has included the DOT / BUSD pair in its market. The binance stablecoin is combin...

DOT: The bridge builder for the Internet of tomorrow

1 Jan 2021 6 minute read 1 comment Overmind

Eleven years after Bitcoin's genesis, the world is still waiting for the blockchain revolution: word of its quality as a store of value has long since got around in non-crypto circles. But the big killer apps based on blockchain are still a long time...

What is Polkadot? ATH and staking on binance

30 Dec 2020 1 minute read 1 comment arro

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. Polkadot provides unprecedented econo...

A better version of Amazon Web Services is decentralised and runs on Polkadot

29 Dec 2020 2 minute read 1 comment Diana King

However misfortunate 2020 appears to be, it is also a year that will soon give us a much more profound equivalent of Amazon Web Services for the Internet of Things. The Robonomics Web Services parachain is set to provide both existing and upcoming Io...

PancakeSwap Introduces Reef Finance Staking!

29 Dec 2020 1 minute read 5 comments EliteHodler

CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from Reef, the first cross-chain DeFi operating system built on Polkadot! The Syrup Pool: Stake CAKE tokens, to earn REEF tokens! Total Tokens: 100,000,000 REEF Distrib...

REEF FINANCE LAUNCHES!!

29 Dec 2020 1 minute read 0 comments EliteHodler

The Reef Finance Coin finally launches, reaching a value of $0.30 in the first hourly candle and closing at just under $0.02 USD. What is Reef Finance? Reef is a DeFi operating system, smart liquidity aggregator, and yield engine that resolves these...

Binance Launchpool Reef Finance (REEF) Farming Day 6

28 Dec 2020 1 minute read 2 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 5

28 Dec 2020 1 minute read 1 comment EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 4

26 Dec 2020 1 minute read 3 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 1-3

25 Dec 2020 1 minute read 0 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...