Polkadot full-launch roadmap triggers an upward trend towards a new all-time high
Using polkadot seems to be possible but it may take a while as delays may occur.
A roadmap for Polkadot project was released on Monday for parachains and slot auction’s launch which suggests that the protocol is going to be fully launched.
Polkadot roadmap is comprised of three stages. Rocco testnet environment which is the current phase is where communication mechanisms between various Polkadot parachains can be tested. Cross-Chain Message Passing-lite, or XCMP-lite is the mechanism being utilized to transfer generalized messages and tokens using the main coordinator of the network which is Polkadot’s relay chain.
Although Rococo testnet came in Aug, 2020, its component features remains incomplete. Once completed, the Polkadot codebase will enjoy feature completion. But this is not enough for implementing parachains. Next, a vote needs to be held to empower parachains on Polkadot’s “canary network”, Kusama. Kusama serves as a middle ground between a testnet and a mainnet. Maintaining its economic value, Kusama possesses a better experimentation tolerance.
An on-chain vote is triggered on Polkadot to inaugurate parachain auctions as soon as the parachains on Kusama are stable. However. No clear timeline are suggested for the milestones.
Parachains rollout, however, was supposed to take place in the first season of 2021, and more than half of it is already there.
There has been stability issues with Rococo testnet like the stucking of the parachains on block 1036. Despite such issues, Melikhov who is the CEO of Polkadot parachain candidate Equilibrium is positive about meeting their deadlines regarding the Polkadot parachain launch.
NFT and NFC tech to combine in digital postage stamps
The Austrian post intends to integrate near-field communication to its non-fungible token postage stamps. ...
MAY 27, 2021
SDK is Polygon’s new tool to deploy Ethereum-compatible standalone chains
To empower themselves to build Ethereum-compatible standalone chains and layer-two protocols, the Polygon team is going to launch SDK or software development ki ...
MAY 26, 2021
Whales accumulate 122.5K BTC while crypto market is a bloodbath
Last week, the market experienced a collapse and the whole market suffered except for some big holders who bought the dip and added 122.5K BTC to their portfoli ...
MAY 23, 2021
Bitcoin mining yields in Iran may exceed $1B annually
Bitcoin has turned into a way of bypassing the oil sanction by the Iranian government and a payment method for their imports. ...
MAY 21, 2021