The Polkadot ecosystem’s main developer, Parity Technologies, is planning to increase the number of parachains from 100 to 1,000 after updating the “asynchronous collateral.”
Parity’s head of development, Sophia Gold, announced this at the sub0 conference in Lisbon, highlighting that the update will improve the Polkadot consensus protocol.
The aim is to decrease the block creation time in parachains from 12 to 6 seconds and increase its capacity by 5-10 times.
Gold noted that the update will provide flexible planning for future scaling efforts and will allow Polkadot to support over 1 million transactions per second.
The team is already prepared with a roadmap to achieve this, and the release of “asynchronous support” on the Rococo test network is expected in approximately two weeks.
Additionally, Gold mentioned that the number of validators on Polkadot will triple to 1,000 by the end of 2024, calling it “the most significant evolution of parachain consensus” since their launch two years ago.
In October 2021, the Polkadot team announced auctions for parachain slots, with the first round ending in mid-December. Clover Finance, Parallel Finance, Astar,
