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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.


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...

Acala Network - Most anticipated Dapp of Polkadot

14 Feb 2021 1 minute read 4 comments Makingdigital

Without a doubt, one of the most anticipated DeFi projects for this 2021 is Acala Network. Many of us are eagerly awaiting the official release of this decentralized application that will be the mainstay of the Polkadot ecosystem. In case you don't k...

Polkadot in Education - Parity and UC Berkeley Collaboration on Blockchain Education

5 Mar 2021 1 minute read 0 comments Novasky

Parity technologies, the people behind the Polkadot's Parity signer app have decided to collaborate with the UC Berkeley for blockchain education. Parity has been pretty much active in the Polkadot's substrate ecosystem with their Signer app on Andro...

Polkaswap is coming

21 Feb 2021 1 minute read 0 comments aarton

The Polkaswap wave Polkswap is an all-mighty protocol for DeFi created by Soramitsu for reforming and level up the actual Decentralised Finance and designed exclusively for the Polkadot ecosystem including Kusama and a bridge for connecting other imp...

Our First Milestone For Another Grant Is Almost Completed

8 Mar 2021 1 minute read 2 comments Equilibrium

We’ve previously mentioned that we are bringing Curve Finance’s AMM to our parachain on Polkadot, and now the first batch of code has been submitted for approval. This is great news — it means we’ve achieved the first of two milestones for our Web3 F...

Moonbeam will bridge Algorand with Polkadot

22 Sep 2020 3 minute read 0 comments shadowofsatoshi

Polkadot was developed from 2016 by the co-founder of Ethereum Gavin Wood. But the real hype took place this August by releasing its final version. At this moment, there are still no functional parachains, so we need to wait for further development a...

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...

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...

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...

Clover Finance Seed Funding $3 million to Bring Ethereum DEFi Apps to Polkadot

24 Feb 2021 1 minute read 0 comments Novasky

Clover is a parachain on polkadot that has been developing the blockchain infrastructure for substrate apps. It has recently done a lot of investments for bringing various DEFi apps on Polkadot for it's cross-chain efforts. Clover has done one intere...