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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.


Sora Ecosystem - Polkaswap

3 Jan 2021 1 minute read 5 comments Thingsyousee

Polkaswap: a decentralised token exchange for the Polkadot ecosystem.   The Polkaswap testnet is now live and it looks amazing if you would ask me https://test.polkaswap.io/exchange/wallet The features that you can play around with right now are swa...

Woow !!! Polkadot (DOT) Has Completed Bullish Setup For Another Rally Upto 99%

10 Oct 2020 1 minute read 3 comments moon333

Hey, friends hope you are well and welcome the new update on Polkadot (DOT). In this video you will watch how:  On a daily chart, the price action of DOT is moving in a down channel and making a powerful attempt the breakout the resistance of this c...

Equilibrium Teams Up with Band Protocol: Adding a Leading Cross-Chain Decentralized Oracle to the Fold

31 Mar 2021 2 minute read 1 comment Equilibrium

Band Protocol, the framework for custom oracles and a cross-chain decentralized oracle platform that provides access to more than 150 price feeds, has partnered with Equilibrium to secure stablecoins, lending, and synthetic assets on Polkadot. J...

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...

Polkadot Wallets - Where to Store your DOT

17 Feb 2021 1 minute read 3 comments Novasky

Polkadot is getting popular and a lot of wallets have started supporting the DOT in their wallets. Considering DOT is among the top 20 cryptocurrency in the market. There is going to be a support for more wallets on all platforms supporting the DOT i...

A week in Polkadot: October 5 - October 11, 2020

12 Oct 2020 1 minute read 5 comments Web3 Foundation

Polkadot News If you are reading this and looking for an entry-level position or internship, you might be a perfect fit as a technical educator https://web3.bamboohr.com/jobs/ Due to recent staking algorithm changes, unfortunately most nominators st...

A week in Polkadot: October 19 - October 25, 2020

26 Oct 2020 1 minute read 1 comment Web3 Foundation

Polkadot News Interested in winning KSM or DOT while learning about Kusama and Polkadot? Check out Hello World! by Polkadot - https://gitcoin.co/hackathon/polkadot Reminder to register for Polkadot Decoded, the event for the Polkadot community on 3...

A week in Kusama: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Kusama News From Dec 9,The maximum number of Kusama validators in the active set has started to increase by 1 each era until it reaches 900 validators (increasing from 700). Polkadot-JS now has a page to view bounties. https://polkadot.js.org/apps/?...

Facebook Crypto DIEM VS Tether

11 Dec 2020 1 minute read 7 comments Coincobra

Currently, stablecoin Tether is the fourth most traded cryptocurrency in the world calling attention to its performance. To give you an idea even the american government to use to carry out financial transactions. This is due to the fact that the USD...

CC234 - Tidal Finance - Decentralized Insurance on Polkadot

4 Apr 2021 1 minute read 1 comment Chesatochi

  ⏰ Time Stamps ⏰ 00:00 Introduction00:50 The main page of Tidal05:31 Introduction of Tidal09:50 FAQs10:59 Tidal blog Introduction of Tidal Finance It is cool to hedge against risk when you deal with DeFi. You can buy decentralized insurance with Ti...