Polkadot peaks in development activity in Q3
The Polkadot recorded stronger developer activity than any other network, including Ethereum in September, 2022.
The month saw 15,433 developers contributing in the deployment of parachains in the Polkadot ecosystem, and fetched an all-time-high number of 26,258 messages sent between its parachains. In the month of August, nearly 14,930 developer contributions were recorded on Polkadot’s GitHub.
Parachains are independent layer-1 blockchains that run in parallel in the Polkadot and Kusama networks and secured by the central Relay chain. The cross-chain composability enables the transfer of any type of data or asset between parachains and to external network like Bitcoin and Ethereum via cross-network bridges.
The new parachains are being launched on a regular basis and the number of active parachains jumped to 40 on the ‘canary network, Kusama and 26 on the mainnet, according to Polkadot’s cross-consensus interoperability standard XCM.
To support spending plans and proposals in the ecosystem, the Polkadot and Kusama Treasuries have collectively distributed 9.6 million DOT and 346,700 KSM (approximately $72.8 million total).
Meanwhile, Polkadot founder Rob Habermeier announced the future scailability enhancements for both Polkadot and Kusama. Future development features include ‘Asynchronous Backing,’ which could cut down block time for parachains from 12 seconds to six and increase the block space five to ten times.
The upgrade will also increase the transactions-per-second (TPS) to between 100,000 to 1 million transactions per minute.
The upgrade will go live on Kusama by the end of the year, and deployed on Polkadot afterwards.