Polkadot Updates
Arrington XRP Capital's Polkadot Report
Arrington XRP Capital recently released an in-depth report analyzing Polkadot's technological framework and philosophical approach. Key highlights include:
- Part 1: Examines Polkadot's solution to the blockchain trilemma, emphasizing parachain customization.
- Part 2: Details parachain financing via CrowdLoans, candle auctions, and parathreads.
- Part 3: Spotlights early-stage parachain projects leveraging Polkadot's architecture.
Governance Updates
- Referendum #34: A proposal to increase the minimum nomination to 120 DOT passed council voting and is now under community referendum (voting concludes in 2 days).
- Temporary Solution: Parity's staking team is addressing nomination scalability (track progress here).
Note: This issue impacts Polkadot more than Kusama due to Polkadot's higher nominator count (22,500 vs. Kusama's 6,612).
XCM Developments
Gavin Wood published Part 2 of XCM series, focusing on versioning and compatibility. Catch up with:
Additional Highlights
- Referendum #32 to increase validators from 297 to 299 failed due to adaptive quorum bias requirements.
- Motion 110: Approved to fund Subscan's June–August operations.
- Polkadot-JS Guide Improvements: Community feedback sought via Polkassembly.
Kusama Updates
Auction #7 Results
- Winner: Calamari Network (Manta's testnet) secured Slot #7 with 218,246 KSM locked.
- Integration: Successfully connected to Kusama relay chain post-victory.
Auction #8 Progress
- Current Leader: Basilisk has hit its crowdloan cap (222,222 KSM).
- End Date: September 22 (~16:00 UTC).
Council Motions Approved
- Motion 351: Funds Dwellir for Kusama RPC node maintenance.
- Motion 352: Integrates Kusama into Klever Wallet.
- Motion 353: Sponsors an educational music video about Kusama.
FAQs
Why does Polkadot have higher nominator limits than Kusama?
Polkadot's network supports 22,500 nominators vs. Kusama's 6,612, requiring stricter temporary controls.
How are parachain auction winners determined?
Through a combination of crowdloan totals and a randomized "dice roll" phase in the final 30 minutes.
What’s next after a parachain wins an auction?
The project integrates with the relay chain within hours, beginning parallel block production.
Key Takeaways
- Polkadot: Focuses on governance refinements and XCM advancements.
- Kusama: Nears completion of its 8th parachain auction with Basilisk leading.
- Community Engagement: Ongoing initiatives to improve tools (Polkadot-JS) and education (Kusama video).