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Ecosystem
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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

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

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


WANT TO GET INVOLVED?

Join the community

or learn about how to build on Polkadot.

Ecosystem
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Features
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Development
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About
 * About Polkadot
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