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We use cookies on this site to enhance your user experience. By clicking Accept all, you agree to the use of all cookies. If you do not want to allow all types of cookies, click on Manage. If you only want to allow the technically necessary cookies, click on Reject all. For further information, please refer to our Privacy Policy. Accept all Reject all Manage Skip to main content Ecosystem Features Development About Use Polkadot Discover liquid staking on Polkadot. Browse dapps now Dismiss 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 Learn about blockspace Learn about blockspace 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 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 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 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 Discover DOTLearn 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 Parity Technologies Polkadot JS Soramitsu FOUNDED BY SOME OF THE BLOCKCHAIN INDUSTRY’S FOREMOST BUILDERS Learn more FROM THE BLOG Blockchain Polkadot 2023 Roundup Polkadot founder Gavin Wood reflects on the key events within the ecosystem during 2023, and provides a vision of how 2024 might pan out. Auctions Unlocking DOT Opportunities: Staking, Crowdloans, and More A look at DOT token utility and the different ways DOT can be used in the Polkadot ecosystem. Technology Five New Parachains, Staking Growth & Technical Upgrades as Expansion Continues Polkadot enjoyed further ecosystem growth in the third quarter of 2023, with impressive metrics around staking, on-chain events and unique accounts. WANT TO GET INVOLVED? Join the community or learn about how to build on Polkadot. Ecosystem * Community * Jobs * Wallets * Dapps * Brand Hub * Telemetry↗ * Treasury Features * Technology * DOT token * Parachains * System parachains * Staking * XCM * Auctions * OpenGov * Blockspace Development * Documentation * Grants↗ * Bounties↗ * Blockchain Academy * Build * Substrate↗ * Developer Heroes Program About * About Polkadot * Blog * Newsroom * Roadmap * Whitepaper * Wiki↗ * FAQ * Support↗ * Contact Newsletter Subscribe to the newsletter to hear about Polkadot updates and events. Subscribe * © 2024Web3 Foundation↗ * Legal Disclosures * Disclaimer * Privacy * Manage Cookies * * * * *