Validator Views: Polkadot Update - April 9, 2020

Written by Staked | Apr 17, 2020 3:51:42 PM

The purpose of Validator Views is to provide updates and information regarding proof of stake chain progress, timelines, and more.

Polkadot Update - April 9, 2020

As a result of the Coronavirus pandemic, Polkadot is re-evaluating the timing of their public token sale and transferability of the DOT token.
However, launch of the Proof of Authority (PoA) blockchain with Nominated Proof-of-Stake (NPos) remains on track for launch in Q2 2020.
As of April 6th, development is focused on weight benchmarking (outlined in 01/22 update), technical security and reliability issues.
A list of outstanding technical issues remaining for launch is available on Github: https://github.com/paritytech/substrate/issues/4961

Please contact a Staked representative to learn more about staking Polkadot!

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Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, Coinbase Ventures, Winklevoss Capital, ParaFi Capital, Fabric Ventures, Global Brain, and other leading crypto investors.

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