Polkadot
DOT
Polkadot (DOT) Feed: Events, News & Roadmap
Polkadot to Hold AMA on X on November 20th
Polkadot will host an AMA on X with Cardano on November 20th at 4:00 pm UTC. The event will serve as a platform for the two entities to explore govern…
Polkadot to Hold AMA on X on November 14th
Polkadot will host an AMA on X on November 14th at 15:00 UTC. During the session, the team will provide updates.
Polkadot to Hold AMA on X on October 30
Polkadot will broadcast a session on X and across its social media outlets on October 30 at 14:00 UTC.
Polkadot to Host Sub0 in Bangkok on November 9th
Polkadot is set to host its first and only substrate developer conference, sub0, in Bangkok from November 9th to November 11th. The conference aims to…
Polkadot to Hold AMA on X on October 1st
Polkadot is set to host an AMA on X on October 1st at 14:00 UTC.
Polkadot to Hold Live Stream on YouTube on September 12th
Polkadot is set to host a livestream on YouTube featuring Alan Vey, the Aventus founder, Mark Cachia, the Scytale founder, and Dave Mooney, the Aventu…
Polkadot to Hold AMA on X on September 11th
Polkadot will host an AMA on X on September 11th at 14:00 UTC.
Polkadot to Participate in Web3 Summit '24 in Berlin on August 19th
Polkadot is set to participate in the Web3 Summit '24 in Berlin from August 19 to 21. The event will feature over 60 speakers and more than 40 talks. …
Polkadot to Hold AMA on X on August 14th
Polkadot will host an AMA on X on August 14th at 3:00 PM UTC.
Polkadot to Participate in Coinfest Asia in Bali on August 22nd
Polkadot is set to participate in Coinfest Asia, the largest Web3 Festival in Asia in Bali on August 22nd-23rd. The event is expected to attract over …
Polkadot to Hold AMA on X on August 7th
Polkadot will host an AMA on X on August 7th at 3:00 PM UTC.
Polkadot to Release Nova & Mercuryo Debit Cards in September
Polkadot has announced that Anton Khvorov, CEO of Novasama Technologies and Nova Wallet, will launch a new product in the Polkadot ecosystem. The prod…
Polkadot to to Open New Fund in October
Polkadot has announced a new development in its ecosystem. During the Polkadot Decoded event a representative from Scytale Digital revealed the launch…
Polkadot to Host Polkadot Decoded in Brussels on July 11th
Polkadot will host Polkadot Decoded in Brussels from July 11 to July 12. The event will feature various activities including networking sessions, work…
Polkadot to Host Meetup in London on July 3rd
Polkadot is hosting an event on the future of asset management at the Dawn of the RWAs in London on July 3rd. The event will feature insightful keynot…
Polkadot to Hold AMA on June 27th
Polkadot will host an AMA, where they will be discussing the benefits and flexibility of building on their platform. The event will feature project le…
Polkadot to Participate in Consensus in Austin on May 29th
Polkadot has announced its participation in the upcoming Consensus conference taking place in Austin on May 29th-31st.
Polkadot to Hold AMA on X on May 9th
Polkadot will host an AMA on X with its co-founder, Gavin Wood. The discussion will focus on JAM, a protocol that merges elements of both Polkadot and…
Polkadot to Hold AMA on X on April 25th
Polkadot will host an AMA on X on April 25th at 14:00 UTC, where Agile Coretime on Polkadot will be discussed. The discussion will focus on how it is …
Polkadot to Hold Podcast on February 18th
Polkadot will host the episode of The Kusamarian, a podcast featuring the representative of Mandala Chain Rahman Desyanta. The episode, which is set t…
Polkadot Events on the Chart
What is Polkadot?
Polkadot is an open-source protocol envisioned by Dr. Gavin Wood, co-founder of Ethereum, intending to advance the blockchain technology by focusing on security, scalability, and innovation. This project seeks to build an infrastructure that supports new concepts while maintaining interoperability, marking the next step in the evolution of blockchain technology.
In Polkadot’s ecosystem, individual blockchains are termed as “parachains” and the main chain is known as the “Relay Chain”. The network promotes constant and smooth information exchange between these parachains and the Relay Chain, thereby offering interoperability. Through Substrate, a platform for building cryptocurrencies and decentralized systems, any developer or entity can create a custom parachain that becomes interoperable with all other parachains once connected to the Polkadot network. Network validators manage the security and validation of data across these parachains, enhancing scalability.
DOT, the native token of Polkadot that bestows governance rights of the entire Polkadot platform to its holders, encompassing network fee determination, voting on network upgrades, and managing parachains. Besides, DOT facilitates network consensus via staking, incentivizing holders to adhere to the rules to avoid losing their stake. Lastly, DOT is used for “bonding” when adding new parachains to the ecosystem, wherein the bonded DOT remains locked during the bonding period and is released after the parachain is removed from the ecosystem.