• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Polkadot 2.0: Agile Coretime Introduction and DOT’s 8% Surge

user avatar

by Giorgi Kostiuk

a year ago

  1. Agile Coretime Launch
  2. Technical Details of Agile Coretime
  3. Analysis and Advantages


    4. Polkadot announced the launch of Agile Coretime, a key element of the Polkadot 2.0 upgrade, leading to a significant increase in the DOT token’s value.

    Agile Coretime Launch

    Polkadot unveiled Agile Coretime in a post on the X platform, stating that this component will streamline resource allocation within the network. Following this announcement, the DOT token’s value surged by 8%. This was due to a shift from an auction-based system to the use of 'cores,' virtual units designed to manage transactions and execute smart contracts.

    Technical Details of Agile Coretime

    Agile Coretime offers two methods of resource acquisition: on-demand purchases and bulk purchases. Projects can acquire computational resources as needed, avoiding long-term commitments. Meanwhile, established projects can use bulk purchase options to secure block space for up to 28 days through NFTs.

    Analysis and Advantages

    The integration of Agile Coretime in Polkadot 2.0 aims to enhance the platform’s adaptability and scalability. According to Polkadot’s founder, Gavin Wood, this upgrade will lower entry barriers, improve scalability, and enhance the network’s ability to meet the demands of decentralized applications and Web3 technologies. 'Agile Coretime is a huge milestone in making the high-quality blockspace Polkadot offers more accessible,' emphasized Eskimor.

    The Polkadot 2.0 upgrade with Agile Coretime is a significant step towards improving the network’s capabilities and attracting more developers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cipher Mining Announces Redemption of Outstanding Warrants

chest

Cipher Mining Inc. will redeem all outstanding warrants to purchase shares of its common stock at $0.01 per warrant by December 26, 2025.

user avatarLucas Weissmann

US Stock Markets Open Positively Before Holiday Break

chest

The US stock markets have started the day on a positive note, which could influence cryptocurrency performance during the holiday.

user avatarEmily Carter

Analysts Forecast Bright Future for Blazpay After Listings

chest

Analysts forecast significant price growth for Blazpay following its upcoming listings.

user avatarTomas Novak

Blazpay Enhances User Experience with Unified Services and Gamified Rewards

chest

Blazpay is enhancing user engagement through unified services and a gamified rewards system.

user avatarKaterina Papadopoulou

Blazpay's Referral Program Becomes a Key Attraction for Investors

chest

Blazpay's referral program has gained traction among investors, offering rewards for both the inviter and the invited, leading to viral growth in the crypto presale market.

user avatarMaya Lundqvist

Bank of Japan Considers Interest Rate Hike Amid Yen Weakness

chest

The Bank of Japan is preparing to raise interest rates as the yen weakens against the US dollar, with the USDJPY pair nearing the critical 156 level.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.