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- Polkadot, a Proof-of-Stake (POS) unveils ambition to support 1000 Parachains.
- The protocols innovators have named asynchronous backing as the solution to usher in this massive scalability.
There is growing interest in improving the scalability of the Polkadot (DOT) network and expanding the number of parallel chains, as such, developers of the interoperability blockchain plan to test a new process focused on providing radical scaling solutions for the network. The proposal is to submit work to Polkadot that would enable the network to process a wider range of activity than parachains alone. This would include the ability to directly deploy smart contracts to a Polkadot core.
Sophia Gold, Engineering Lead at Polkadot contributor Parity Technologies was at sub0, the Polkadot Developer Conference where she mentioned that asynchronous backing will play a significant part in allowing the blockchain to increase the number of validators to around 1000 by the end of 2024.
It is worth noting that Polkadot can only support about 100 parachains or application-specific chains that are connected to the Polkadot network.
However, with asynchronous backing, Polkadot may be in for a much-needed breakthrough. Gold went on to explain the uniqueness of such backing in Polkadot. According to the developer, the new innovation will be enshrined, that is, it will be implemented natively on the protocol level rather than the smart contract level.
As a result, the Polkadot network will enjoy capital efficiency and censorship-resistant growth. She tagged the asynchronous backing push as the most significant evolution of parachain consensus in two years when parallel chains were first launched.
Asynchronous Backing to Improve Scalability on Polkadot
Considering the future plans that the blockchain has for scalability, Gold believes that asynchronous backing is an efficient solution citing that it facilitates flexible scheduling via elastic scaling and instantaneous agile coretime.
Robert Habermeier, Polkadot co-founder, noted that these features would enable more flexible and efficient use of Polkadot’s blockspace and computing power. Also, he is confident that it would be useful to creators and innovators at all stages of growth.
As the weeks go by, asynchronous backing is expected to go live on Polkadot’s Rococo testnet. Ultimately, the roadmap is to get Polkadot to support 1,000 parachains and more than 1 million transactions per second (TPS).
In addition to the asynchronous backing, update on the operations of OpenZeppelin on the OpenBrush contract library which is intended to ease the development of Polkadot’s native ink! smart contracts were provided. This includes the creation of easily implementable and extensible smart contract standards and translating Solidity contracts into ink!.
Felix Wegener, Security Services Manager of OpenZeppelin commented noting that the team “made suggestions on how to change design choices, tooling, upgradeability and macros, and moving forward we see great promise in the ongoing developments of the Polkadot ecosystem.”
Meanwhile, one of Polkadot’s parachains known as the Astar (ASTR) network has grown from just a small community to a mature Web3 ecosystem backed by reputable industry investors. ASTR has been crowned the leading parachain on Polkadot. It has been putting much effort into pushing for mainstream adoption of Web3 and this effort is seen in its latest update, the Astar 2.0 Supernova.
