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The blockspace ecosystem for boundless innovation

The blockspace ecosystem for boundless innovation

Get your Web3 ideas to market fast with economics that work for you

True interoperability

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.

Economic & transactional scalability

Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.

Easy blockchain innovation

Create a custom blockchain in minutes using the Substrate framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.

High energy efficiency

Polkadot consumes a small fraction of the energy used by conventional blockchains thanks to its next-generation nominated proof-of-stake (NPoS) model. Using the equivalent of ~6.6 US households worth of energy per year, Polkadot has the lowest carbon footprint among proof-of-stake protocols analyzed in recent research.

Security for everyone

Polkadot's novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.

User-driven governance

Polkadot has a sophisticated governance system where all stakeholders have a voice. Network upgrades are coordinated on-chain and enacted autonomously and without forking the network, ensuring that Polkadot’s development remains future-proof and community-driven.

Learn more about Polkadot’s technology

Discover Polkadot

Powering the Polkadot network

The DOT token serves three distinct purposes:
governance over the network, staking and bonding.

Governance

Governance

Polkadot token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.

Governance

Staking

Token holders keep the network secure and collect rewards by staking DOT. Polkadot’s advanced staking system is designed for maximum decentralization and fair representation, rewarding good actors and punishing bad actors to ensure network security.

Bonding

Bonding

New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

Learn more about DOT and staking

An open-source protocol built for everyone

Polkadot is an open-source project founded by the Web3 Foundation.

Web3 Foundation has commissioned five teams and over 100 developers to build Polkadot, including:

ChainSafe
ChainSafe logo
Parity Technologies
Parity Technologies logo
Polkadot JS
Polkadot JS logo
Soramitsu
Soramitsu logo

Founded by some of the blockchain industry’s foremost builders

From the blog

Ecosystem

Polkadot’s May Ecosystem Insights

Welcome to the latest edition of your go-to source for the latest tech updates, key metrics, and discussions happening across the Polkadot Ecosystem from the Parity Success Team. In this blog series, we cover a range of topics from sources such as Canny.io / GitHub / project teams and the Polkadot Forum. Core Metrics OpenGov Activity This month, once again, the community and its DOT holders have shown their passion for OpenGov, the platform where anyone can contribute and have their say in

Decentralization

Top takeaways from the decentralization panel at Consensus

Consensus by Coindesk 2024: a blockbuster success From May 29 to 31st, thousands of blockchain, finance, and crypto professionals descended upon Austin, Texas for the Consensus by Coindesk event. Polkadot took center stage as a sponsor with a standout booth, appearances from brand sponsor Conor Daly, and a variety of decentralized projects that kept the booth buzzing.  While the booth activity, side events, and networking convos were a highlight for many, other draws were the talks and panel d

Decentralization

Empowering Decentralization: Polkadot DAO Allocates 3M DOT for DeFi Growth

With an overwhelming majority of voters in favor, the Polkadot community has chosen to allocate 3 million DOT to enhance the ecosystem’s decentralized finance (DeFi) landscape. Made through three separate proposals via Polkadot’s decentralized governance (OpenGov), this decision provides an accessible, deep layer of native liquidity to help the ecosystem flourish. It also demonstrates the power of community-driven initiatives to shape the future of decentralized finance.Hydration (formerly known

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