In the latest round of Coretime sales, Mythos and Xcavate did not purchase their slot leases during the renewal period. Subsequently, a rogue activist, seeking numerous changes to the way Coretime sales are handled, bought all available cores on the free market. Without intervention, Mythos and Xcavate will soon be unable to produce blocks. Bastian Kocher (Parity) has initiated Whitelisted Caller Referendum 1536 to open and assign cores to Mythos and Xcavate for a period of approximately two months. In the meantime, Basti has opened RFC-142 to discuss potential solutions to balance the current market dynamics and prevent future exploitation.
Due to a mistake in sale price units, the sale base price of core time is 1 nanodot rather than 10 DOT. Whitelisted Caller Referendum 1172 needs to pass by Thursday 26th September to avoid that the five cores on the market do not sell for an unintentionally low price.
Polkadot OpenGov Whitelisted Caller Track Referendum 1143 is open for voting. If passed it will upgrade the Relay Chain, Asset Hub, Bridge Hub, and People chain to runtime v1.3.0, and the People Chain to runtime v1.3.1. One more referendum will be required to to finalize the migration of Agile Coretime to Polkadot.
The Runtime 1.3.0 changelog has been published by the Polkadot Fellows. This will be the runtime that Enables Agile Coretime on Polkadot. Other notable changes include making the current inflation formula adjustable on Kusama, and the removal of all but the first 21 elected HAs from the Ambassador Program.
The first couple of Parachains who used coretime to renew their chains on Kusama have been revealed. First is Interlay (assume Kintsugi), and this is followed by Centrifuge (assume Altair). This was done using Lastic's coretime marketplace, and the cost was 5KSM. Additionally, the renewal burned 15KSM across the first 3 chains.
During v1.2.0 Kusama Relay Chain upgrade, the XCM program designed to migrate existing Kusama leases to Coretime failed to send. The issue has already been fixed by a runtime upgrade, however the start of Coretime Sales has been delayed until block number 137,346 on April 30th 2024.
ποΈThursday April 25th 2024 14:00 UTC πX Spaces https://x.com/i/spaces/1mrGmynzNVQGy Hosted by Polkadot. Moderated by Birdo Featuring: Bill Laboon - Web3 Foundation Seun Lanlege - Polytope Labs Phil Lucsok - Lastic Alice und Bob Join some of the Polkadot eco's greatest minds for a discussion on how Coretime will heighten scalability, speed, and user experience.