Gavin Wood announced for the first time the initial launch date of the Kusama parachain

At 3:25 am on May 20th, Beijing time, Polkadot founder Dr. Gavin Wood chatted with everyone online at the Polkadot Community Conference "Polkadot Decoded". In the chat, Gavin revealed a lot of information about parachains and auctions that everyone cares about.

Here's what PolkaWorld has to say, as summarized from that talk by Gavin:

We are currently working hard to sprint for the final stage of going online, and the parachain is already close at hand. We've gotten to the point where we can be confident enough to release the canary network (Kusama) into the real world of chaos.

The Kusama parachain is expected to go live next Monday

We have done a parallel chain implementation, and it performed relatively well on Rococo, we have run some parachains, and the performance is not bad. So we decided to start the so-called "final stage of the go-live process", which is the launch of the parachain on Kusama.

GavinWood: The inter-chain messaging format XCM and the decentralized network governance process OpenGov will become the focus of Polkadot's development next year: On December 12, at the Polkadot Developer Conference Sub0, Polkadot co-founder and Parity Technologies architect Gavin Wood announced Polkadot's development plan for 2023 and beyond, focusing on XCM, the network's cross-channel and cross-consensus messaging protocol, and OpenGov, a new agile and more decentralized network governance process. (Cointelegraph) [2022/12/12 21:38:58]

The specific process is divided into several stages:

The first stage is the logic of the parachain and the code of the network verifier. The verifier must upgrade the client version to v0.9 to support the parachain. Fortunately, most of the verifiers have been upgraded.

Live | Gavin: The epidemic has three major impacts on the overseas blockchain industry: In today’s online live broadcast jointly held by Jinse Finance and TOP Network, in response to the question of “what impact does the epidemic have on the overseas blockchain industry”, Gavin, head of the Blockstack China technical community, said that this issue can be divided into three aspects. The first is the ecological expansion of the project. Because of the epidemic, communication has become relatively difficult, so that most of the communication has been transferred online. In the past, I personally flew to various countries to participate in or hold offline activities, which had a certain impact on marketing promotion and finding users. The second is financing. The coronavirus epidemic can be said to be a black swan event, which makes the funder more cautious when investing, and pays more attention to the valuation and capital consumption rate of the project party. The third is the most directly affected currency price. Affected by the global economy, the overall cryptocurrency market has also fallen by 20-30% from March to now, the most notable of which is the 40% increase in Bitcoin in one day on March 12. This also shows that the current blockchain financial system is still in a very early stage, and because of the decline in the overall market value of cryptocurrencies, the ability of the project party to manage assets has also been tested. [2020/4/23]

Then the Kusama client also needs to be upgraded to support parachains. v0.9.10, the upgrade was also completed last week.

Voice | Gavin Wood: Polkadot has successfully run a Substrate-based parallel chain: Dr. Gavin Wood, co-founder of Ethereum and founder of Polkadot and Parity, tweeted: Polkadot has successfully run a Substrate-based parallel chain, and Cumulus will soon later. [2019/10/23]

After that, we will start deploying the parachain, which I hope will go live next Monday. This parachain refers to the Shell parachain (whiteboard chain). I wrote its Runtime in the past few weeks. It is very, very simple, and it may be the simplest Runtime so far. It can't really do much, the only thing it can do is wait to be approved for an upgrade. But this is a relatively important first step, we can see the verification process of adding blocks and final confirmation, before we actually deploy some important things on it, such as the Statemine parachain (this is the Kusama version of Statemint) , we'll do some testing.

News | Gavin Wood Launches Kusama Network to Test Polkadot Protocol: Developers will soon be able to test applications on Polkadot, a live version of the blockchain interoperability protocol, according to coindesk. Polkadot creator Gavin Wood emphasized in a blog post that it will take one to four weeks for developers to start using the network's full capabilities. It will not be possible to transfer KSM tokens between users until there are at least 50 "well-supported" validators running on the network. [2019/8/24]

We found some bugs, but they will be fixed soon. We're about to release 0.9.2, which should be soon, either today or tomorrow. We will focus on observing its operation in several aspects, and after about 24 hours of stable operation of the Shell, we will upgrade the Shell chain to Statemine.

The public welfare parachain Statemine is expected to be launched within this week

Statemine is a public interest parachain that issues tokens on Kusama, and anyone can issue tokens on it. It will not have its own dedicated token, nor is it for the benefit of a certain team, it is just a thing for the Kusama community and the subsequent Polkadot community.

Statemine will first support fungible tokens, and then support non-fungible tokens (NFT). Statemine also supports XCM, so other chains can also have tokens that exist on Statemine, can transfer these tokens back and forth, can store these tokens, etc.

As for the launch of Statemine, I hope it will be later this week. If Statemine is running fine, we'll start the auction. Multiple teams will compete for the opportunity to deploy the parachain, which is also the world's first parachain deployed on the relay chain, so be prepared for chaos, but hopefully not too much chaos.

The Polkadot auction is expected to start a week or two after the Kusama auction

As for the auction plan, it has not yet been fully determined. However, the high probability is that each auction lasts 7 days, and there are 5 auctions in total.

The auction method is a modified candle auction. That is to say, there are 2 days of ordinary auctions, that is, the higher the bid, the more dominant it is. But after these two days, it enters an uncertain "Ending period". The end period will last for 5 days, but we will select a random block height during these 5 days as the real block height. Auction end time. That is to say, even if you bid a higher price after the high end, the person with the highest bid at the end wins, even if this person's bid is actually lower than yours. In fact, the auction plan has not been fully determined, and it is not the final version.

7 days per auction, we'll do 5 auctions first, and then we'll see how it goes, see how Kusama is doing. We might watch for a week or two, and if things look better, we'll move on. Although it doesn't count if I say it, it needs the approval of the board of directors, but I will suggest so.

What I want to emphasize is that this is the first time we have tried something like this, both the relay chain and the parachain are unprecedented, Kusama is really the canary in the coal mine, this is an experiment. Although we have tested it on the testnet before, we don't know what it will be like in the case of real incentives, real transactions, real code, real teams, and real mistakes.

Once we are sure that Kusama can run stably with several parachains, then we will start launching the first parachain on Polkadot.

PolkaWorld concludes:

According to Gavin's chat information, the next arrangement is roughly like this:

Release 0.9.2 today or tomorrow to fix some shell parachain bugs

Wait 24 hours for the shell to run stably

Once you're ok, upgrade your shell to Statemine

Statemine coming later this week

If Statemine is running fine, the auction will start

Run 5 auctions first on Kusama

After confirming that Kusama can run several parallel chains stably, launch Polkadot

Tags：

NEAR