Read Polkadot (DOT) News, Price Prediction, Opinion and Analyses Created By Users

Polkadot Network (DOT)

312 Articles 15,548 Followers

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 Growth - FD7 Ventures to Fund Blockchain Projects in Cardano and Polkadot

3 Mar 2021 1 minute read 0 comments Novasky

Polkadot wins again. This time it is Dubai based venture company that plans on investing into the Polkadot. FD7 ventures is the company that plans on liquidating it's BTC in order to invest into Polkadot.  Polkadot's flexible bridge like interoperabi...

Arweave Network Setup Bounty for Archival Bridge with Polkadot

1 Feb 2021 1 minute read 1 comment Novasky

Polkadot's parachain feature is the most talked about feature that is likely to help polkadot go ahead of the ETH ecosystem in near future. There are many open source projects out there that are already working with this feature for making various in...

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...

DOT/USD Market Structure: Q1 2021 so far

27 Feb 2021 1 minute read 0 comments idm

This post examines DOT/USD price and volume movement from Jan-01 to Feb-26. January DOT/USD trading saw much higher volume than February. The year began with DOT below 10 USD - and a high volume changed hands around the 9-10 USD price range. Around...

This is not an ordinary AMPLEFORTH review - Pros and Cons

3 Jan 2021 5 minute read 5 comments VNFC

  Inception: what is AMPLEFORTH? Do you know what is a Stablecoin? In two words: it is a coin with a stable value. Some well known examples are: - FIAT-collaterized coins (1$ is deposited into a bank for every crypto USD "printed"): USDC, TUSD, PAX,...

Polkadot Staking Now On BitMax

28 Sep 2020 1 minute read 5 comments Sapphire

Polkadot Believers If you are a believer in Polkadot then you have probably been taking advantage of the recent discounts on offer in the marketplace. When prices plummet many run for the hills and yet the fundamentals of a solid project remain uncha...

Why 2021 is the best time to invest in Polkadot?

26 Feb 2021 7 minute read 2 comments rinkeshjha

Polkadot was the most successful cryptocurrency of 2020. It is looking upon as a promising blockchain that can replace Ethereum’s dominance in 2021. It caught the attention of many other dominating virtual asset investors at the beginning of the boom...

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 - The Next Big Thing!?

20 Aug 2020 4 minute read 8 comments johnwege

First and foremost I do want to say that I am a huge fan of Ethereum and everything that it hopes to do and also believe in the project quite a bit.  But there is no denying that Eth 2.0's development has been lagging behind, and also the rising gas...

5 Facts About use Bitcoin PayPal

30 Nov 2020 1 minute read 7 comments Coincobra

  Fact 1 On October 21 it was announced by PayPal that from the beginning of next year, 2021, this giant company will accept payments through cryptocurrencies Bitcoin, Bitcoin cash, Ethereum and Litecoin. Fact 2 PayPal has a partnership with approx...