What are Proxy accounts? Much like controller accounts in staking, proxies allow users to use an account (it can be in cold storage or a hot wallet) less frequently but actively participate in the network with the weight of the tokens in that account. Proxies can be viewed as a more powerful and flexible…

Participate in Democracy The public referenda chamber is one of the three bodies of on-chain governance as it’s instantiated in Polkadot and Kusama. The other two bodies are the council and the technical committee. Public referenda can be proposed and voted on by any token holder in the system as long as they…

Yet another day of the macro downtrend, but remember what we said, Bear markets are meant for Buidlers!! Central to Polkadot’s design has been the idea that good governance is necessary for a system’s participants to have agency and for the system as a whole to stay relevant. …

Polkadot launched their Treasury in October 2021 to incentivize organic development and growth of our community. The DOT in the treasury comes as a natural part of the network protocol. Fees, slashes, and suboptimal staking configurations are all contributing factors. If it goes unused, it slowly gets burned. The funds…

Hey Polkassembly community, It has been a great first half of the year. The Dotsama community has been growing with Parachains going live along with XCM, the Cross-Consensus Message format. XCM as we all know unlocks the true potential of DOT by enabling a fully interoperable multi-chain ecosystem. Polkadot team…

In conventional business, “key person risk” refers to when a company’s success is overly reliant on a single individual. When it comes to handling funds, cryptocurrency businesses face a literal version of this danger. …

Central to Polkadot’s design is the idea that good governance is necessary for a system’s participants to have agency and for the system as whole to stay relevant. …

The Web3 Foundation and Parity Technologies recently proposed the creation of a robust incentive prize program, called the Polkadot Pioneers Prize that will work to help propel technical innovation on the Polkadot network, as well as to model ways in which the community can achieve more agency and support in…

Polkadot institutes a cutting-edge governance model designed to achieve a healthy network that adapts to its users’ needs. It is designed to enable rapid and representative community engagement by leveraging blockchain technology for transparency and accountability. The DOT token enables low-friction engagement in Polkadot and provides an innovative level of…