A week in Polkadot: October 26 - November 1, 2020

By Web3 Foundation | Polkadot | 2 Nov 2020

Polkadot News

Polkadot News

We are seeing a huge uptick in scams lately. Be wary of anyone contacting you, and triple-check links and addresses! Note that Web3 Foundation, Polkadot, or Parity are NOT giving away DOT or KSM.

Web3 Foundation has set up an open-source and low-cost registrar for verifying your identity on-chain. The Kusama version is currently running; the Polkadot version will be up very soon! https://medium.com/web3foundation/w3f-registrar-a043cb2206eb

Check out the latest DOTLeap for more news about the Polkadot ecosystem. https://dotleap.substack.com/p/dot-leap-22

There is a Treasury Proposal for LocalCoinSwap to expand to Polkadot https://polkadot.polkassembly.io/post/144

There is a Treasury Proposal for a "knowledge tip authoring tool" for Polkadot - https://polkadot.polkassembly.io/treasury/17

Remember to sign up for Polkadot Decoded, Polkadot's community conference, happening on 3 Dec 2020. https://www.crowdcast.io/e/polkadot-decoded/register

Currently, validators can change commission at will. There is an ongoing discussion on restricting commission changes (to avoid "commission rug pulls", e.g., changing commission from 0% to 100% after getting enough nominators) here: https://polkadot.polkassembly.io/post/145

Discussion for a new Treasury Proposal has been started, for Elara 0.2, infrastructure for Substrate-based chains by Patract Labs. https://polkadot.polkassembly.io/post/141

With 0.81% turnout and ~ 90% in favor, Referendum 10 is currently passing. https://polkadot.polkassembly.io/referendum/10

Tips and Tricks

The Calendar can show you what events are scheduled for a chain, including elections, era beginnings, and when referenda will be enacted, in an easy to use format. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/calendar

Interested in following along with parachain development? The best place to visit is the Rococo chatroom on Matrix - #rococo:matrix.parity.io

If you only want to store a single seed phrase, but have multiple accounts, look into derived accounts. These are supported natively by Polkadot{.js} extension, Parity Signer, and many other wallets. https://wiki.polkadot.network/docs/en/learn-accounts#address-generation-derivation-and-portability

If you are interested in some of the academic publications coming out of the elections research being done at Web3 Foundation, check out "A verifiably secure and proportional committee election rule" by A. Cevalos and A. Stewart. https://w3f-research.readthedocs.io/en/latest/polkadot/NPoS/2. Paper.html


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Web3 Foundation
Web3 Foundation

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