Polkadot Digest 23 Oct 2023

Polkadot News

The first runtime under the Polkadot Technical Fellowship has been released. https://github.com/polkadot-fellows/runtimes/releases/tag/v1.0.0

Among other changes, this runtime would change of the default conviction period on Polkadot to 28 days. https://github.com/paritytech/polkadot/pull/7595

Note that this will not go into effect until and unless the runtime upgrade is approved by DOT holders (or KSM holders on Kusama). https://wiki.polkadot.network/docs/learn-runtime-upgrades

The next parachain auction will begin at block 17_856_000 (~ 02.00 tomorrow) - the wrong block was used in Friday’s Digest, apologies. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadot-rpc.dwellir.com#/calendar

Referendum 166 has executed, setting the ideal staking rate of Polkadot 60%. https://polkadot.polkassembly.io/referenda/166

The unlocking of DOT locked for the first set of crowdloans on Polkadot will occur at approximately 02.00 UTC tomorrow (24 Oct). https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadot-rpc.dwellir.com#/calendar

My panel discussion about “The State of Blockchain” at Blockchance 2023, along with representatives of Radix, LUKSO, and Hyperledger, is now online. https://www.youtube.com/watch?v=BkogCPYRqE8

The staking rate on Polkadot has decreased slightly over the last few days to 48.72%. https://staking.polkadot.network/#/overview

Kusama News

t3rn Kusama has won the most recent parachain lease auction. https://parachains.info/auctions/kusama

If it is approved by KSM holders, the 1.0.0 runtime will also include releasing all Gov1 (old Democracy pallet) locks on Kusama. https://github.com/paritytech/polkadot/pull/7314

The staking rate on Kusama has remained relatively stable over the last week, and is currently at 54.76%. https://staking.polkadot.network/#/overview