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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 Coin (DOT) Analysis

13 Feb 2021 1 minute read 0 comments Ayman Khalil

Polkadot Coin (DOT) hit the target with a new higher historical price at $ 30.2100   You can read it here >> Polkadot Coin (DOT) Analysis >> 4 Feb 2021   Polkadot Coin (DOT) is trading now in a downtrend after the previous uptrend in order to correct...

Pulse Network Puts Medical Records on Polkadot Blockchain

13 Feb 2021 1 minute read 1 comment Novasky

Polkadot is literally killing it in every blockchain project lately. Apart from it's parachain ability to connect with ETH and other blockchains, many projects are skipping ETH and moving their projects directly to the Polkadot. There is one new proj...

Moonbeam 😎 The Future of Crypto is Multi-Chain

12 Feb 2021 3 minute read 12 comments Cryptonator`s

Not only investors are crazy about the Polkadot ecosystem, but also developers are. The developer community is absolutely excited about Polkadot which is the key factor when it comes to building a whole ecosystem around Polkadot. One of the hottest p...

Binance Funding in Polkadot Smart Contract Platform Plasm Network

11 Feb 2021 1 minute read 1 comment Novasky

Polkadot ecosystem is growing every day. There are more than 300 projects so far built on the top of the Polkadot blockchain. One of the interesting smart contract project built on Polkadot network is Plasm. Plasm network is a dApp hub that allows th...

How Equilibrium’s Stablecoin Works

11 Feb 2021 6 minute read 1 comment Equilibrium

By now you’re familiar with the thinking and functionality that drives Equilibrium. We’ve taken a broad view at how our platform operates, why it’s an improvement over other solutions, and we’ve introduced you to our core system asset, the EQ token....

What is Polkadot (DOT)?

8 Feb 2021 3 minute read 4 comments GetBlock

For years, Polkadot (DOT) was among the most mysterious and controversial products in the new-gen blockchains segment. Now, when Polkadot nodes are up and running in mainnet for seven months, the time has come to dive deeply into its mechanisms and t...

Is it a good time to enter Polkadot?

8 Feb 2021 1 minute read 2 comments Makingdigital

The recent rise in Polkadot has raised many questions for novice investors. Is it a good time to enter or do I wait for a correction? Of course it is a good time to buy DOT. If we look at all the projects behind this token, practically all are in Bet...

Polkadot dApp Hub Plasm Network to Support Multi Currencies

7 Feb 2021 1 minute read 3 comments Novasky

Polkadot has opening up a lot of new possibilities in the dApp market that not only supports smart contracts but it's parachain brings in other blockchains in it's own ecosystem too. Plasm is one such platform that allows smart contracts on polkadot'...

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...

World’s First Hybrid Liquidity Aggregator Finxflo to Launch FXF Token-Based Capital Raise on Polkastarter

5 Feb 2021 2 minute read 0 comments JP Buntinx

SINGAPORE -- February 5, 2021 -- Finxflo (https://www.finxflo.com/), the world’s first regulated, hybrid liquidity aggregator for digital asset investors, today announced the launch of its FXF token-based capital raise on Polkastarter, a protocol bui...