Polkadot: Full Start Development Plan Makes New All-Time Highs

There is now a clear plan for the launch of Polkadot, but problems with the testnet are likely to cause delays.

The Polkadot Project released a detailed development plan on Monday for the highly anticipated launch of parachains and slot auctions. This would complete the start of the protocol

The development plan is divided into three main stages. The current phase is the Rococo testnet environment, in which developers can test mechanisms for communication between different polkadot parachains, the shard analog. The platform uses a mechanism called Cross-Chain Message Passing-lite, or XCMP-lite for short. This allows the parachains to send tokens and generalized messages to each other, which go via the relay chain from Polkadot, the central coordinator of the network.

The Rococo-Testnet was started in August 2020 , but the component functions are not yet fully completed. As soon as details such as dispute settlement and voting have been developed, the Polkadot Code will finally have all its functions.

But that doesn’t mean that the parachains will also be implemented. The next step is to vote on the release of parachains on Kusama, Polkadot’s „canary network“. Kusama can be viewed as a middle ground between a testnet and a mainnet that has a higher tolerance for experimentation and yet has real economic value.

Once the parachains on Kusama are stable and all audits are completed, an on-chain vote on Polkadot will be triggered to initiate Parachain auctions .

There is no indication of the exact schedules for these milestones. Polkadot representatives have not yet commented on request

Nevertheless, many people expected the rollout of the parachains in the first quarter of 2021 . There also seem to be problems with the stability of the Rococo test network. One of his parachains is stuck on block 1036 , for example . The time stamp shows: Monday, 9 p.m. UTC. A GitHub pull requesttitled „New Genesis“, which goes back to a deleted branch called „Bkchr-rococo-nuke-187“, suggests that there has been a significant stability incident on the Testnet. Alex Melikhov, the CEO of the possible Polkadot-Parachain Equilibrium, told Cointelegraph the project was „optimistic about the schedule for the Polkadot-Parachain roll-out,“ even though „recent updates to the Rococo-Testnet indicate the need for further changes point to the technology „. He also gave an outlook on the possible schedule once the Kusama launch is complete:

„Given that it would take one month to deploy Polkadot that Gavin announced at the time, we will probably start DOT auctions quite soon.“

Meanwhile, Polkadot’s DOT token has hit new all-time highs. The token rose 10 percent and hit over $ 30 on Tuesday. It rallied $ 9 early in 2021. The token is now in a battle for fourth place in market capitalization with Cardano ADA . Shortly before, he clearly left the XRP behind .