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BCH $205.19 -3.71%
LINK $8.84 +1.64%
HYPE $56.05 -1.93%
AAVE $85.99 -2.84%
SUI $0.6744 -1.61%
XLM $0.1587 -0.63%
ZEC $484.96 -1.15%

Web3 Foundation CEO: Polkadot will abandon parachain slot auctions, allowing developers to rent block space as needed

2023-11-19 09:11:26

ChainCatcher news, according to The Defiant, the new CEO of the Polkadot development organization Web3 Foundation, Fabian Gompf, stated in an interview that Polkadot is about to undergo a significant transformation. Polkadot will soon abandon the parachain slot auctions and adopt a new mechanism that allows application developers to rent block space as needed.

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