Polkadot Paracachas ready for market launch, proposed auction dates

Polkadot Paracachas ready for market launch, proposed auction dates

Polkadot was first presented in a white paper almost five years ago. Now the heterogeneous multiChain network announces a massive milestone-its parachains are officially ready to start in the mainey.

Polkadot paracettes in the green

The parachains from Polkadot are one of the, if not the most integral part of its network. They represent various and specialized blockchains connected to Polkadots Relay.

They also form the multi -chain aspect of the architecture of Polkadot and are the last piece of the puzzle, so to speak.

Today, Polkadot announced that Paracachas are ready at the start, and the team, led by Gavin Wood and Robert Hebermeier, announced that the first auction could begin on November 11, 2021.

It is important to note that parachains have already been successfully provided and continue to run kusama-the Canary network of Polkadot since June this year. In the months since then, Kusama 11 Parachain slots auctioned. As a result, Kusama's network recorded massive activities and still ran smoothly, which is an important factor when you consider how ready Polkadot is for the start of Parachain.

dr. Gavin Wood and Robert Habermeier, who spoke at the Sub0 conference on behalf of Parity Technologies, announced the Position of Parity that all potential technical obstacles for the introduction of Parachains were successfully overcome.

Habermeier also explained that there are optimizations in the work, including context -related execution that is supposed to accelerate the block time, parathreads, etc.

parachain auction places

according to Suggestion on Polkadot , there is a suggestion for the introduction of 11 auctions in two Batches.

The first batch would start on November 11, 2021 and see the last auction on December 15th. This means that an auction takes place every seven days.

The second game, on the other hand, would begin on December 23 and end on March 9, 2022. This means that an auction will take place every 14 appointments.

This proposal is not final and must be coordinated so that the appointments are set into stone.

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