Polkadot DOT Unveils New Roadmap – Here's Everything You Need to Know

cryptonews.com:

The developers of the Polkadot blockchain have released a new roadmap which paves the way for a number of major changes to its operations in the coming months.

Rob Habermeier, Polkadot’s co-founder, said in a statement that Parity Technologies, the entity behind the blockchain, has developed a number of solutions designed to enhance Polkadot’s operations.

“These bridge a number of categories: parachain scalability, parachain development, relay-chain governance, cross-chain communication, common-good parachains, bridging to other ecosystems, and staking. We’ve been hard at work on delivering the code for these features and upgrades and look forward to having them accepted by the Polkadot community,” Habermeier said.

The blockchain’s co-founder explains the planned modifications will enable Polkadot to expand or acquire the following capacities:

Parathreads / Next-Generation Scheduling

Parathreadsare pay-as-you-go parachains which allow to start a blockchain with the ease of initiating a smart contract. Parity Technologies estimate that parathreads will be ready for launch between the first and second quarter of 2023.

XCMv3

Polkadot’s cross-consensus messaging (XCM), a universal language designed for cross-chain communication that can be operated inside or outside the blockchain’s ecosystem, will have its third major release until the end of 2022.

FRAME: Weights V2

Weights, the mechanism by which Substrate transactions and actions are measured against block capacity, will be updated to their second version which will introduce a notion of multi-dimensional weights. These “measure not only execution time but also the amount of state accessed by a particular operation,” according to Habermeier who says the new version is to be ready