Summary

Polkadot (DOT) has announced its intention to phase out parachain auctions and replace them with Agile Coretime or Bulk Coretime. The specifics of these new mechanisms are currently being worked out. The aim is to improve Polkadot’s user experience and provide a robust bridge to Ethereum. The protocol will also establish a direct link to its canary chain Kusama.

Introduction

Polkadot (DOT) plans to replace parachain auctions with Agile Coretime or Bulk Coretime, according to Pierre Aubert, the VP of Engineering at Parity Technologies. The company aims to improve the protocol’s user experience and achieve Polkadot V2. The specifics of the new mechanisms are currently being developed.

Main Points

• Polkadot intends to phase out parachain auctions and replace them with Agile Coretime or Bulk Coretime.
• The goal is to improve Polkadot’s user experience and achieve Polkadot V2.
• The protocol aims to provide a robust bridge to Ethereum and establish a direct link to Kusama.
• The next six months of Polkadot’s roadmap will focus on implementing changes to improve the protocol’s user experience, with Agile Coretime as part of the plan.
• Polkadot also aims to boost developer experience through the recommended Polkadot API.

Conclusion

Polkadot plans to replace parachain auctions with Agile Coretime or Bulk Coretime in its pursuit of achieving Polkadot V2. The goal is to improve the protocol’s user experience and provide a robust bridge to Ethereum. The specifics of these new mechanisms are currently being developed, and the next six months will focus on implementing changes to enhance Polkadot’s usability.