Polkadot News

This Is What Has Happened In The Polkadot Ecosystem Over The Last Week
The Polkadot ecosystem is one of the most active networks in the blockchain space. Over the last week, several developments ...

Crypto May Day; Bitcoin Sinks Below $26K
A looming hazard of a ‘crypto winter’ hangs as Bitcoin (BTC) tumbled below $26K. Ethereum along with major cryptocurrencies traded in ...

Crypto Market Steps Up; Bitcoin Breaches $31K
The crypto market showed positive signs after Bitcoin (BTC) closed in green following nine consecutive weeks of tracking losses during ...

Bitcoin (BTC) Touching Prices Not Seen Since January. What Is Happening?
Bitcoin (BTC) continued to drop for four straight days crashing down to almost a four-month low since January and a ...

Cryptocurrency Market Suffers Another Fall; What Happened?
Cryptocurrency market volatility continues to pummel the prices of digital tokens with Bitcoin (BTC) remaining below the $40k mark for ...

SubQuery Launches $500K Grant Program to Boost Polkadot Projects
Data indexing solution SubQuery has announced the launch of a $500,000 grant program to boost teams building on Polkadot Network.
![Assessing what's driving Polkadot's [DOT] appeal](https://crypto-economy.com//wp-content/uploads/2021/11/polkadto.jpg)
Assessing what’s driving Polkadot’s [DOT] appeal
Polkadot is still one of the most appealing investments in the crypto market and is the most commonly held crypto ...

Polkadot Parachain Auctions will Commence on Thursday, Nov.11, 2021
The Polkadot ecosystem is all set to begin its new era as the Polkadot parachain auctions are going to start from tomorrow, Thursday, November 11.

Composable Finance’s Canary Network Picasso Will be the 13th Kusama Parachain
Composable Finance’s canary network Picasso will now be onboarded as Kusama’s 13th parachain at the start of the next lease period as it has won the 12th parachain auction.

Kusama: Third-Batch for 24 Parachains Has Commenced
Kusama parachain auctions for the third batch of 24 parachains has commenced on Monday, October 25, after two days of delay.
Latest news about Polkadot [DOT]
Polkadot is a blockchain that has a very clear and innovative goal: to function as an interconnection hub for the various existing blockchains.
To this end, Polakadot has two main functions.
The first is to function as a data transmission and processing blockchain. This would allow Polkadot to be an extra layer of scalability for other blockchains.
And the second is independent operation through its own blockchains. Which gives Polkadot the ability to run its own Smart Contracts and host Decentralized Applications (DApps).
Polkadot uses Parachains technology, which allows it to create sub-chains with independent operation from the main chain, known as Relay Chain.