RT Polkadot APAC (@PolkadotAPAC).@the_seraya makes some excellent points for why you should build in Polkadot ⭕️With Agile Coretime, Elastic Scaling, and Asynchronous Backing all live, a better Polkadot is here.If you're building for the first time, join the Polkadot Builder Party: https://t.co/2P1BX5dHGN https://t.co/ppXbDDDjP8 ...

Polkadot 2.0:→ Async Backing: Increases throughput by 10X→ Agile Coretime: Rent blockspace for up to 28 days→ Elastic Scaling: Use as much dedicated blockspace as you needBuilders can now offer users an app experience that feels virtually identical to Web2.What are you waiting for? ...

Polkadot 2.0 Features - Polkadot Rollups are now live, offering up to 3x performance improvement [1] - Async Backing increases throughput by 10x [1] - Agile Coretime allows blockspace rental for up to 28 days [1] - Elastic Scaling enables the use of dedicated blockspace as needed [1]

RT Parity Technologies (@paritytech)Elastic Scaling is now live on @Polkadot 🚀Introducing vertical scalability for rollups, enabling parachain teams to handle growing demand more efficiently and deliver a user experience very close to Web2 for end-users.Let’s unpack what this means for builders 🧵👇 https://t.co/7RlmvxvAkH ...

Network Performance & Scalability - Elastic Scaling is live, aiming for faster blocks and optimized CPU usage, allowing parachains to scale elastically [1] - Testing 500ms blocks on single cores to separate latency from resource usage [1] Asset Management & Migration - Asset Hub migration is ongoing, focusing on tests and validation, moving pallets to fungible assets for more flexible and scalable asset management for Polkadot/Kusama [1] Optimization & Testing - Reimplementing gas cost model in SIMD for faster, more accurate gas calculations [1] - Mini-Fuzzing tool released for local testing of implementations, with official auditing process using similar steps [1] Governance & Updates - Hard Pressure referendum approved and ready for runtime release after asset hub migration [1] - Rank review and retention votes updated to improve speed and agility for proposal approvals and RFCs [3] Development & Community - Hackathon – Polkadot Builders Party targeting Web2 and Web3 devs to test SDKs, storage, compute, gaming, AI, social and other services [3] - Elastic Scaling + Polka.2.0 almost ready for parachain rollout [3] - Multiple parallel initiatives are in progress [3]

Technology & Scalability - Parity Technologies 的 Elastic Scaling 技术正在被 peaqnetwork 测试，用于处理大规模流量 [1] - Polkadot 的异步支持也在测试中，以提升性能 [1] - 未来将实现更高的 TPS（每秒交易量）和更快的区块时间 [2] - 通过增加 Core 可以提升 TPS，应对大型活动带来的流量高峰 [3]

Technology & Scalability - Peaq is testing its architecture using Polkadot's Elastic Scaling & Asynchronous Backing [1] - With one click, a Core can be added to handle more traffic, enabling Elastic Scaling for events needing more TPS (Transactions Per Second) [1] - Peaq acknowledges Parity Technologies & Dr Gavin Wood for their understanding of scaling in Web3 [1] - TPS and block time are expected to improve in the future [1]

Polkadot 2.0 Features - Async Backing boosts rollup throughput [2] - Agile Coretime allocates coretime on a rental basis [2] - Elastic Scaling allows rollups to dynamically scale up their compute power [2] Implementation Status - Referendum 1721 will enable the RFC103 runtime on Monday, September 8th [1] - Referendum 1721 is passing with 100% AYE vote [1] - Relay Chain Elastic Scaling feature is complete upon enactment of Referendum 1721 [1]

Technology & Scalability - Polkadot 2.0 unlocks elastic scaling capabilities [1] - Multi-core processing and lower latency are achieved [1] - Seamless rollups are enabled [1] - Kusama network has proven the technology, and Polkadot is next [1] Development & Implementation - Parity Technologies is actively developing and implementing the elastic scaling update [1] - RFC103 is live following referendum 569 and a week of flawless operation [1] Milestones - The elastic scaling update is a huge milestone for Polkadot 2.0 [1]

Blockchain Scalability Challenges - Blockchains need to evolve beyond simply adding more capacity, focusing on efficient blockspace scheduling and allocation [1] - Current economic security models in many blockchains are overpaid, with resources wasted on producing empty blocks before demand exists [1] - Demand spikes lead to fee spikes, causing user drop-off, as seen with Ethereum NFT mania ($3,000 per transaction) and Bitcoin Ordinals [2] Elastic Scaling Solutions - Cloud infrastructure's elastic scaling, which scales up during demand surges and down when demand decreases, offers a solution for blockchain scalability [2] - Polkadot's execution cores and Agile Coretime allow for real-time reassignment and on-demand renting of blockspace [2] - Elastic scaling enables spinning up a chain for short-term events, similar to cloud computing principles [3] Approaches to Dynamic Blockspace Management - Solana uses dynamic block limits and QUIC/Agave for burst handling [4] - Avalanche subnets allow for spinning up new network space [4] - NEAR Nightshade shards more as traffic increases [4] - Ethereum Layer 2 solutions batch more transactions or compress them better [4]