Gavin Wood: Polkadot or cancel the parachain auction, shift to an application-centric approach

2023-07-07 13:33:22
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ChainCatcher news, Gavin Wood stated at the Polkadot Decoded conference that Polkadot may cancel parachain auctions and shift to an application-centric model. He proposed a new perspective on Polkadot: no longer limited to the original parachains and relay chains, but focusing on the more fundamental resources required by blockchains—core computing (cores), viewing Polkadot as a multi-core computer. The time on these cores is referred to as "Core Time," which can be sold periodically.

Gavin explained that Polkadot's goal is not just about chains, but about space, about the underlying resources required by chains. He emphasized that Polkadot is a platform for builders to create applications and for users to use applications. Essentially, it is not a platform for hosting blockchains. Chains are just one of the ways to make Polkadot useful, but they may not be the only way. Overall, Polkadot is a resilient, versatile, continuous computing provider. (source link)

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