Polkadot Digest 9 Apr 2024

Polkadot News

The Polkadot-Kusama bridge is now live, currently able to transfer DOT to Kusama and KSM to Polkadot and vice-versa. https://forum.polkadot.network/t/polkadot-kusama-bridge/2971/25

Adding other assets requires acts of governance. Currently the only ways to use the bridge are using PJS App or manually crafting the XCM transfer, but others should be added soon. See forum post above for more details.

The paper “Approval-Based Committee Voting in Practice: A Case Study of (over-)Representation in the Polkadot Blockchain”, authored by Jonas Gehrlein and Alfonso Cevallos of W3F among others, is now available. https://ojs.aaai.org/index.php/AAAI/article/view/28807

Andrew Burger has released an in-depth description of XCMP, a replacement for HRMP which would allow interaction between parachains without involving the relay chain. https://forum.polkadot.network/t/xcmp-design-discussion/7328

As part of Decentralized Futures, Talisman has released Polkadot Multisig, an open community version of Signet giving teams, including non-technical teams, the ability to easily use multisigs. https://medium.com/@web3/decentralized-futures-introducing-polkadot-multisig-powered-by-signet-2b7cbcbf1cec

The Polkadot staking rate has increased to 51.59%. https://staking.polkadot.network/#/overview

Kusama News

With four days left in the current parachain lease auction, Parathread 3350 is in the lead, although Integritee Kusama was also in the lead for a short period of time in the Ending Period. https://parachains.info/auctions/kusama

The staking rate for Kusama now stands at 51.12%. https://staking.polkadot.network/#/overview