Polkadot Digest 2 Sep 2022

Polkadot News

Parity will be hosting two events at Berlin Blockchain Week on 12 Sep, a Hacker Day and “#BeyondTheChain #1 - The Architecture of Unstoppable Applications”. https://www.eventbrite.com/cc/beyondthechain-at-berlin-blockchain-week-2022-1103509

Bill Laboon will be giving an AMA today on Reddit from 13.00 - 14.00 UTC. Ask your questions now, get answers then! https://www.reddit.com/r/Polkadot/comments/x36yef/bill%5Flaboon%5Fama%5F2%5Fsept%5F1300%5F1400%5Futc%5F1year/

The August update for ink! smart contracts has been published! Among other things mentioned in it, the date for ink! 4.0 release is scheduled for October. https://ink.substrate.io/monthly-update/2022/08/

Aventus has been in the lead the entirety of the Ending Period so far, with three days left in the current parachain lease auction. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/parachains/auctions

Referendum 72, proposing to upgrade the Polkadot runtime to v9270, is currently passing unanimously with four days left to vote. https://polkadot.polkassembly.io/referendum/72

Kusama News

With three and a half days left in the current parachain lease auction, Snow Network has been in the lead the entire Ending Period. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama.api.onfinality.io%2Fpublic-ws#/parachains/auctions

Referendum 226, proposing to edit the Snow crowdloan parameters, is failing by a wide margin with two days left to vote. Note that the ICE/SNOW Network team has asked people to vote against this. https://kusama.polkassembly.io/referendum/226

The staking rate on Kusama has increased 1.3 percentage points over the last week, to 53.2%, while the ideal staking rate has decreased to 49.5%. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama.api.onfinality.io%2Fpublic-ws#/staking

To understand the mathematics of the staking rate, ideal staking rate, and how they impact staking rewards, see https://wiki.polkadot.network/docs/learn-staking#inflation