Poka to Enhance Network Functions with Key Upgrades
It is reported that according to the disclosure of Kusama Council member Bill Laboon on social media, Poka is about to launch three key upgrades, of which at l…
It is reported that according to the disclosure of Kusama Council member Bill Laboon on social media, Poka is about to launch three key upgrades, of which at least two key proposals to improve network functions have won the support of more than 95% of voters. The first Referenda 101 proposal aims to promote the provision of rewards for Wasm smart contracts, which helps to make the Polkadot parallel chain more secure in general; In addition, the approval rate of Referenda 103&104, which has lifted the barrier of Zeitgeist parallel chain, has reached 98%. These new upgrades will contribute to the governance of the underlying blockchain on the democratized Polkadot network; There is also a proposal to increase the minimum number of active verifiers on the Polkadot network to 500, which will further improve the time of transaction verification, and also can quickly track events to help Polkadot maintain a high response and act as a functional network of the blockchain. （u.today）
Poka is about to launch three key upgrades: it plans to increase the minimum number of network active verifiers to 500
Interpretation of the news:
The Poka network is set to undergo three significant upgrades, two of which will improve network functions, according to Kusama Council member Bill Laboon’s social media disclosure. These proposals have the support of over 95% of voters, showcasing the democratic nature of the Polkadot network.
The first Referenda 101 proposal seeks to provide rewards for Wasm smart contracts. This upgrade will enhance the security of the Polkadot parallel chain, making it more reliable. With the advancement of technology, security threats are becoming increasingly sophisticated. Thus, a secure network infrastructure is necessary to maintain data privacy and minimize vulnerabilities.
Referenda 103 and 104 aim to improve the Zeitgeist parallel chain by removing barriers that hinder its functionality. With approval rates of 98%, it demonstrates the community’s confidence in these proposals. The improvements in the Zeitgeist parallel chain will contribute to the governance of the underlying blockchain on the democratized Polkadot network.
In addition, there is a proposal to increase the minimum number of active verifiers on the Polkadot network to 500. This will enhance the speed of transaction verification and allow for quick event tracking. Consequently, the V2 upgrade will maintain a high response and function as a powerful network for the blockchain.
Therefore, these proposed upgrades will significantly improve the network functions of the Polkadot network. It highlights the importance of collaborations and community involvement in maintaining high network standards. The Poka network remains committed to democratizing its network and making it more secure for its users.
In conclusion, the Poka network’s upgrades aim to enhance its network functions further. The proposed projects illustrate the community’s importance in maintaining the network’s security and reliability. Through collaborations and engaged stakeholders, the Polkadot network remains innovative and adaptive.
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