• Polkadot 2.0 nears rollout with async backing, agile coretime, and elastic scaling features
• Gavin Wood’s modular vision for Polkadot moves forward with strong community governance support
• Market still watching for reaction as Referendum #747 and runtime upgrade 1.5.0 advance

Polkadot announced the near completion of Polkadot 2.0, the highly anticipated upgrade to the blockchain network that includes features such as agile coretime, async backing, and elastic scaling. The whole point of the upgrade is to improve flexibility, speed, and scalability.

The mentioned features are bound to make an impact as Polkadot is positioning itself to better meet the demands of the rapidly evolving blockchain landscape. For instance, asynchronous backing will allow parachains to produce blocks independently of the relay chain’s block production schedule, increasing throughput and reducing latency.

Agile coretime will replace the previous fixed slot auction system and introduce a more flexible and dynamic allocation of network resources. This change lowers entry barriers for new projects and enables a better use of the network’s capacity.

With elastic scaling, Polkadot …

The post Gavin Wood’s Polkadot 2.0 Vision Is Ready but Will the Market Catch Up appeared first on Coin Edition.

• Polkadot 2.0 nears rollout with async backing, agile coretime, and elastic scaling features
• Gavin Wood’s modular vision for Polkadot moves forward with strong community governance support
• Market still watching for reaction as Referendum #747 and runtime upgrade 1.5.0 advance

Polkadot announced the near completion of Polkadot 2.0, the highly anticipated upgrade to the blockchain network that includes features such as agile coretime, async backing, and elastic scaling. The whole point of the upgrade is to improve flexibility, speed, and scalability.

The mentioned features are bound to make an impact as Polkadot is positioning itself to better meet the demands of the rapidly evolving blockchain landscape. For instance, asynchronous backing will allow parachains to produce blocks independently of the relay chain’s block production schedule, increasing throughput and reducing latency.

Agile coretime will replace the previous fixed slot auction system and introduce a more flexible and dynamic allocation of network resources. This change lowers entry barriers for new projects and enables a better use of the network’s capacity.

With elastic scaling, Polkadot …

The post Gavin Wood’s Polkadot 2.0 Vision Is Ready but Will the Market Catch Up appeared first on Coin Edition.