Polkadot Digest 15 Apr 2024

Polkadot News

With approximately 36 hours left in the current parachain lease auction, Ajune Network is in the lead, and has been for the majority of the Ending Period. https://parachains.info/auctions

Referendum 639, proposing to bump parachain validation timeouts, is currently passing almost unanimously. https://polkadot.polkassembly.io/referenda/639

Referendum 648, proposing to upgrade the Polkadot relay chain runtime to v1.2.0, is currently passing almost unanimously. https://polkadot.polkassembly.io/referenda/648

Kusama News

After leading for 98% of the Ending Period, Memecoin Chain has won the most recent parachain lease auction. https://parachains.info/auctions/kusama

Referendum 375, enabling coretime on Kusama, has passed. Note that execution is set for 18 April (after the 1.2.0 runtime upgrade). https://kusama.polkassembly.io/referenda/375

Referendum 374, proposing to enable Asynchronous Backing on Kusama, is currently passing with 99.9% in favor. https://kusama.polkassembly.io/referenda/374

Async backing decreases parachain block time to ~ 6 seconds, and allows ~ 4x more throughput in each block. For more details and a comparison to the current synchronous backing protocol, see the Polkadot Wiki: https://wiki.polkadot.network/docs/learn-async-backing