POLKADOT DECODED 3rd December 2020

The first community conference since launch brings you the people behind the code and the teams building in the ecosystem.

Polkadot development is on track to deliver the most robust platform for security, scalability and innovation.

See Roadmap
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.

Forkless and future-proof

Polkadot can upgrade without hard forks to integrate new features or fix bugs. This capability enables Polkadot to easily adapt to changes and upgrade itself as better technologies become available.

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 network governance

Polkadot has a sophisticated governance system where all stakeholders have a voice. Upgrades to the network are coordinated on-chain and enacted autonomously, ensuring that Polkadot’s development reflects the values of the community and avoids stagnation.

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

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.

Staking

Game theory incentivizes token holders to behave in honest ways. Good actors are rewarded by this mechanism whilst bad actors will lose their stake in the network. This ensures the network stays secure.

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 Outdated or non-useful parachains are removed by removing bonded tokens.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 the DOT token Discover DOT
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:

Founded by some of the blockchain industry’s foremost builders

Learn About the Polkadot Team

A few of the teams joining the Polkadot network:

From the blog
Polkadot
Polkadot Staking: An Update

Recently, changes occurred in relation to staking on Polkadot that caused some nominators not to receive their rewards. We are working on a permanent solution and suggest an immediate alternative here....

Polkadot
Bitcoin is Coming to Polkadot

In early 2021, Interlay will introduce Polkadot’s first trustless wrapped Bitcoin - PolkaBTC - an exciting step towards a truly interoperable ecosystem....

Polkadot
Kusama And Polkadot Now Reward Curators Helping To Scale Councils Functions: Join The Force Moving the Community Forward!

The new Bounty Extension on Polkadot and Kusama allows curators to autonomously allocate Treasury funds to projects that bring value to the ecosystem....

Want to get involved? Join the Community or learn about how to build on Polkadot.