Web3 Foundation CEO: Polkadot is about to abandon the parachain slot auction, and the new mechanism allows developers to rent block space

According to BlockBeats, on November 19, The Defiant reported that Fabian Gompf, the new CEO of the Web3 Foundation, the development organization of Polkadot, said in an interview that Polkadot is about to undergo a major transformation. Polkadot will abandon the slot auction for parachains and adopt a new mechanism that allows application developers to rent block space as needed. Polkadot's parachain system "will undergo fundamental changes at the end of this year and early next year." Previously, Parity research analyst Joe Petrowski said in the Polkadot Governance Forum that Agile Coretime (Polkadot 2.0) is expected to be launched on the Rococo testnet at the end of the year, the Kusama pilot network in the first quarter of next year, and the Polkadot mainnet in the second quarter.