At the Polkadot Fellowship conference, Fellowship member Andrei Sandu said that the elastic scaling function is expected to go live on Polkadot in January or February 2025. Elastic scaling is the final part of the Polkadot 2.0 launch, which means Polkadot 2.0 is expected to be fully launched in January or February 2025. This update will make the Polkadot network more flexible and efficient in providing shared security and instant access to the ecosystem, while lowering the barrier for new projects and individual developers to enter the Polkadot ecosystem.
The launch of Polkadot 2.0 will include several key technology upgrades, such as Async Backing, Agile Coretime, and Elastic Scaling. These features are designed to improve the scalability of the network, reduce costs, speed up, and increase flexibility, thereby encouraging decentralization The rapid growth of digital applications (dapps). Async Backing has been launched, which reduces the block time from 12 seconds to 6 seconds and increases the amount of data storage within each block, significantly improving the capacity and performance of the network. Agile Coretime is currently running on the Kusama network, which allows dynamic allocation of core resources through on-chain purchases or secondary markets, thereby changing the previous parachain slot auction model and providing flexible, on-demand access to network computing resources. Elastic Scaling, expected to be launched later in 2024, will allow projects to rent additional core resources as needed, working with Agile Coretime and Async Backing to provide dynamic scalability for projects and ensure that projects can be managed effectively. Computing needs that change with growth.
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