Polkadot Releases 'Agile Coretime' to Advance Allocation of Computational Resources

The Polkadot community released its latest major product, Agile Coretime, as part of the ongoing Polkadot 2.0 upgrade.

Polkaworld Releases 'Agile Coretime' to Advance Allocation of Computational Resources on Polkadot

The Polkadot community unveiled the latest major product in its ongoing Polkadot 2.0 upgrade with Agile Coretime, a new feature designed to significantly advance how computational resources are allocated and managed within the Polkadot ecosystem, the team said. This new approach replaces the previous auction system, in which single cores were leased for two years at a time.

According to the project documentation: "Agile Coretime allows for the purchase of coretime in 'bulk,' with an allocation for one month. Heavy duty parachains which need to author a block every 12 seconds (or every six seconds through Asynchronous Backing), can seamlessly 'renew' the core each month. Coretime renewal orders take precedence over new orders and provide protection against price fluctuations, allowing parachains to plan their project budget and costs more effectively. The purchased coretime can also be split up and sold in parts, down to a single block per month, allowing for secondary markets to thrive and improve the allocation efficiency of coretime."

Before, with Polkadot 1.0:

After, with Polkadot 2.0 and Agile Coretime:

Privado ID, Formerly Polygon ID, Announces Strategic Merger With Disco for 'Multichain Verifiable Data and Reputation Management'

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The press release stated: "By leveraging Disco’s Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs), Privado ID enhances cross-chain compatibility enabling it to expand its services across multiple EVM-compatible chains."

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Solana Unveils Details of Second Crypto Phone 'Seeker' at Token 2049

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Civic's ID Solution to Verify Drivers' Licenses, Ages on Web3 Car-Rental Platform Rentality

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Chromia Blockchain Plans 'Asgard' Mainnet Upgrade for Customized Chains, Announces $20M Data and AI Ecosystem Fund

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Jade City, Project on Base Chain for DeFi Tokenization of Jade, Releases White Paper

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