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Polkadot (DOT) Seeks Additional Functionalities With 3 Key Upcoming Upgrades: Details
The Polkadot (DOT) ecosystem is billed to see a number of additional functionalities through targeted protocol upgrades that are set to go live in the near term. According to a new Twitter thread by Bill Laboon, a Kusama Council Member, at least two key proposals to boost network functionality have attained over 95% approval by voters.
The first proposal, dubbed Referendum 101, approving a Wasm Smart Contracts Bounty has received 99% yes from voters despite having about 14 more days remaining for voting. The Wasm Smart Contracts Bounty will help make Polkadot parachains generally safer.
Besides this, referenda 103 and 104, which seek to unbrick the Zeitgeist parachain, are currently passing, with 98% in favor and 19 days left to vote. These new upgrades will help to democratize governance for substrate blockchains on the Polkadot network. In all, there is also a proposal to increase the minimum number of active validators on the Polakdot network to 500. This will further enhance the timing for transaction validation while also fast-tracking events that can help Polkadot remain highly responsive and functional as a blockchain network.
Read more on U.Today https://u.today/polkadot-dot-seeks-additional-functionalities-with-3-key-upcoming-upgrades-details
Polkadot (DOT) Seeks Additional Functionalities With 3 Key Upcoming Upgrades: Details
The Polkadot (DOT) ecosystem is billed to see a number of additional functionalities through targeted protocol upgrades that are set to go live in the near term. According to a new Twitter thread by Bill Laboon, a Kusama Council Member, at least two key proposals to boost network functionality have attained over 95% approval by voters.
The first proposal, dubbed Referendum 101, approving a Wasm Smart Contracts Bounty has received 99% yes from voters despite having about 14 more days remaining for voting...