The leading web3 protocol's latest launch of XCM (cross-consensus messaging) will optimize cross-chain communication, the report noted.
The leading web3 protocol’s latest launch of XCM will optimize cross-chain communication, the report noted.
The paper stated that Polkadot has successfully completed 13 parachain slot auctions, with a total of 127.8 million DOT – worth $2.9 billion and around 11% of the total supply – bonded. In addition, 28 more parachain slot auctions are scheduled through February 2023, making the total number 41. the drop of active accounts to users locking their DOT to support their desired parachain in a slot auction because DOT locked in a “crowd loan” cannot be withdrawn for use in other applications.steadily, indicating a consistently growing interest in the ecosystem despite the market remaining bearish.By adopting the Nominated Proof-of-Stake consensus mechanism designed to decentralize the network’s validator set, Polkadot had 294 of 297 of validators getting 1.8–2.6 million DOT staked.
The number of working developers is also a critical metric that evaluates the robustness of an ecosystem. The report noted that “Q1 2022 saw a 10% drop in average monthly developer activity as developers prioritized enabling previously deployed features rather than developing new features.”
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