Polkadot


Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology. Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability. Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).

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by COINS NEWS - 4 weeks ago

Polkadot overlooked?

Iโ€˜m no expert, so please donโ€˜t start to hate on what Iโ€˜m gonna say. Instead, please give me your opinion on thisโ€ฆ Polkadot is at a very low price right now, its only at 200% price increase from when it was put on Coinbase (yes I use Coinbase, for me...

by COINS NEWS - 1 month ago

Polkadot Staking Help

I've been staking my DOT on polkadot via Pools which has been great, but I'm now trying to withdraw from a pool I've gone onto Manage -> Leave Pool and clicked Submit. I can see this record in subscan which makes it look to my untrain...

by COINS NEWS - 2 months ago

Haven't heard anything about Polkadot/DOT in a long time.

Just curious, a lot actually, it used to be one of the premier crypto to invest in with a lot of promising projects on its parachains and a promising governance as well as auctions. Seems like in the last bear market a lot of people got burned, incl...

by COINS NEWS - 3 months ago

Safer bridging on Polkadot through DIA oracles

DIA has developed an oracle that introduces on-chain verification of bridge balances across multiple chains to enable safer and more transparent usage of bridges in the Polkadot ecosystem. The so-called Bridge Attestation Oracle is a mechanism enabl...

by COINS NEWS - 4 months ago

Help with Polkadot Parity Wallet

I already asked this in the Polkadot sub but there's like 50 people online at one time and I'm not getting many replies. Just trying to work out how to set it up and link with the extension etc. I've installed the Parity app on an old pho...

by COINS NEWS - 4 months ago

What is Polkadot 2.0? Release „early“ 2024

What is Polkadot 2.0? Polkadot 2.0 represents a substantial upgrade to the network. It aims to replace the existing lease-based model for parachains with a more flexible pay-as-you-go system based on Core time or processing power. This change will lo...