Polkadot critical upgrade is finally complete.
2024-05-09 21:29:00
Simultaneous backup can increase the compatibility of bulkdata with web3 networks and blockchain games
Polkadot critical upgrade is finally complete.
Simultaneous backup can increase the compatibility of polkdot with web3 networks and blockchain games.
A critical upgrade was completed
Asynchronous backup provides an optimal approach for validating blockchain blocks by relay chain, the primary chain of the Polkadot network. The relay chain plays an important role in Polkadot's architecture and functionality.
In its announcement, Polkadot stated that the benefits of asynchronous backup boil down to two things:
1- The implementation of asynchronous backup will lead to a two-fold acceleration in the generation of block space and a 3-5-fold increase in each external block.
2- This leads to an increase in the use of parachain blocks, which leads to a 6-10 times increase in the availability of the blockchain.
Among the advantages of Async backup, the following can be mentioned:
It increases throughput by 8x without compromising security, paving the way to support Web3 applications in verticals such as gaming and DeFi. This scale makes Web2 accessible to Web3, which can have many applications in the blockchain games industry.
The price of DOT remains stable despite the growth of the market and is currently trading at around $7.
The announcement about the asynchronous backup execution did not have much impact on the DOT price.
DOT Bes experienced a large price drop from a period of price increase at the same time as the market correction, due to the successful promotion of this cryptocurrency and the current price, which is still lagging behind other cryptocurrencies due to the growth of the market, it can be considered for investment.
Polkadot is the second largest blockchain in terms of developers and growth, while its price still lags behind.
Maybe this is the last time that this cryptocurrency can be bought for $7, because its goal is to provide a solution to Ethereum's scalability and security problems, which can attract more attention if it succeeds in this task.
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bobi
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Mikhail.comorow
It is more valuable than many cryptocurrencies even with a larger market size due to the new innovation that was completed.
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