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Polkadot co-founders propose to create a system chain Plaza to unify parachains and enhance scalability
2024-06-19 06:25:35
Odaily News Polkadot co-founder Rob Habermeier proposed to create a new system chain Plaza, which aims to unify parachain functions and improve network scalability. Habermeier said that the current distribution of functions across multiple chains poses challenges to users and developers, leading to fragmentation and scalability limitations. He advocates a strategic focus on usability by building a scalable synchronization system. Plaza will integrate parachain functions such as asset issuance, smart contracts, staking, cross-chain bridging and near-zero fees into a single chain to simplify user, developer, LP, and DApp operations. The chain will evolve from the existing AssetHub, which already supports asset wallets, bridging and tool integration. With Polkadot's upcoming launch of Elastic Scaling, Habermeier believes that it will be advantageous to integrate functions into a single chain. He said that if approved, Plaza will simplify interactions across the entire Polkadot network, allowing developers to focus on scalability. (CryptoSlate)