May 15, 2021

Polkadot’s roadmap for full launch fuels rally to all-time highs

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The Polkadot project released a detailed roadmap on Monday for the highly anticipated rollout of parachains and slot auctions, which should mark the full launch of the protocol.

The roadmap is divided into three main stages. The current phase is the Rococo testnet environment, where developers can test mechanisms to communicate between various Polkadot parachains, its analog of shards. The platform uses a mechanism called Cross-Chain Message Passing-lite, or XCMP-lite, to allow parachains to send tokens and generalized messages to each other by going through Polkadot’s relay chain, the central coordinator of the network.

The Rococo testnet was launched in August 2020, but the component features have yet to be fully completed. Once details like dispute resolution and approval voting are completed, the Polkadot codebase will finally reach feature completion.

However, that won’t mean that the parachains will be implemented just yet. The next stage will be holding a vote to enable parachains on Kusama, Polkadot’s “canary network.” Kusama can be considered as a middle ground between a testnet and a mainnet, featuring a higher tolerance for experimentation while stillTitle: Polkadot’s roadmap for full launch fuels rally to all-time highs
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Published Date: Tue, 16 Feb 2021 13:20:05 +0000