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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:
Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.
11 Apr 2025 1 minute read 0 comments Bfab
Most of us still own old cryptos that have underperformed, like DOT, XTZ, ADA or EGLD... Personally i still have DOT and XTZ, two great losers, let me explain you why in a few words. I don't talk about price but about revenues, fees perceived by thes...
9 Apr 2025 1 minute read 8 comments Bfab
I've been a long-term DOT holder since the early parachain auctions, watching my portfolio ride the rollercoaster of hope and disappointment. Like many of you, I believed in the vision Gavin Wood laid out - a truly interoperable, scalable web3 ecosys...
16 Mar 2025 1 minute read 1 comment Myxoplixx
Imagine the blockchain world as a sprawling cityscape, Bitcoin is the old-money district, Ethereum is the hipster neighborhood with smart contracts brewing like artisanal coffee, and Polkadot is the futuristic suburb where parachains zip around like...
9 Mar 2025 6 minute read 2 comments Learn With Hatty
Blogging has come a long way from its beginnings as a basic online journal. Today, it has transformed into a powerful medium for sharing thoughts, building communities, and even making money. With ongoing technological advancements, the blogging worl...
27 Feb 2025 1 minute read 1 comment Yugocean
Ok, former grillers (like me) will understand from the title, everyone else will have to read the article to understand: Surprise Valuation The Subsocial (SUB) token was in a downtrend for quite some time, but now it has suddenly found bu...
26 Feb 2025 8 minute read 18 comments Learn With Hatty
The cryptocurrency world is full of exciting opportunities to earn digital assets, whether through faucets, Web3 social media, passive income nodes, or other methods. However, these opportunities come with risks such as scams, hacking attempts, and p...
21 Feb 2025 4 minute read 2 comments Learn With Hatty
In today's tech-driven world, something feels off. Social media seems less personal, conversations are repetitive, and interactions often feel fake. This has led to talks about the Dead Internet Theory. This idea says that much of the internet is now...
19 Feb 2025 2 minute read 5 comments Bfab
Imagine waking up one day and realizing that the security and decentralization of your favorite blockchain depend on just a handful of validators. You know, because the number of validators in a network isn’t just a technical metric—it’s a make-or-br...
16 Feb 2025 4 minute read 14 comments Learn With Hatty
For decades, the internet has been dominated by a few giant corporations. Technology behemoths such as Google, Meta (previously Facebook), Amazon, and Apple dictate how we communicate on the web, what we consume, and even where we spend our money. Th...
11 Feb 2025 2 minute read 3 comments Galaxie Crypto
As a reminder, the mainnet of Polkadot in its version 1.0 was launched on May 26, 2020. It was at this time that the network moved from its development phase to an operational phase where users could start participating fully in the Polkadot blockch...
