Polkadot developers said they are ready to deploy parachains on the platform. This will mark the final phase of the multi-stage mainnet launch process, which began on May 26, 2020.
Parachains are a variety of specialised blockchains that connect to the “relay” chain of Polkadot and form the multi-chain aspect of the platform’s architecture.
Speaking at Sub0, the Parity Technologies engineers behind Polkadot, together with project co-founders Gavin Wood and Robert Habermeier, said that all technical barriers to parachain launch have been cleared.
The code is ready for deployment and has undergone an audit, they noted.
Developers reminded that parachains have been operating on the Kusama testnet since July 2021. In total there have been 11 auctions for slots and 12 “parallellised” blockchains are functioning there.
Habermeier emphasised that code readiness and maturity are not the same thing. Therefore Parity recommended restricting the number of parachains loaded onto Polkadot to 75% of their Kusama count until the final tuning of the technical base.
The recommendations were included in a validator-passed motion to start auctions for parachain slots from November 11.
For participation, bidders will need unbonded DOT tokens, the developers reminded.
The price of the Polkadot native token reacted with gains. At the time of writing, the asset had risen more than 20% in the last 24 hours, according to CoinGecko. At its peak, it rose above $43.
The current price is $41.23, about 16.5% below the May 2021 all-time high.
Back in May 2021, Gavin Wood announced the start of the final phase of Polkadot’s mainnet launch.
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