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Polkadot Embraces Node Upgrade as Staking Milestone is Achieved

Polkadot Embraces Node Upgrade as Staking Milestone is Achieved

Polkadot Version 1.1.0: What’s New?

Bill Laboon, the Head of Education and Grants at the Web3 Foundation (W3F), has announced the release of Polkadot Version 1.1.0. This update brings significant changes and improvements to the network. One notable change is the consolidation of multiple repositories into a single monorepo called “polkadot-sdk.” This streamlines the development process, making it easier for developers to contribute and manage the codebase. The consolidation also simplifies deployment and maintenance.

Compatibility with Rust Compiler

The Version 1.1.0 release also ensures compatibility with specific versions of the Rust programming language compiler (rustc). This compatibility is crucial for maintaining stability and reliability in the Polkadot software.

Staking Milestone

At the TOKEN2049 event in Singapore, Polkadot announced that its Staking Dashboard has surpassed 1 million page visits. This milestone reflects the growing interest and engagement within the Polkadot community and highlights the platform’s importance in the Web3 ecosystem. The Staking Dashboard provides valuable insights and information about staking activities on the network, which is essential for network security and governance. The popularity of the dashboard demonstrates increased awareness and participation in staking among Polkadot users.

Hot Take: Polkadot Version 1.1.0 Released with Improved Functionality

The release of Polkadot Version 1.1.0 marks an important milestone for the network, bringing significant improvements and streamlining development processes. With the consolidation of repositories into a single monorepo, developers can now more easily contribute to and manage the codebase, while deployment and maintenance become simpler. Additionally, ensuring compatibility with specific versions of the Rust compiler enhances the stability and reliability of the Polkadot software. The Staking Dashboard’s achievement of 1 million page visits demonstrates the growing interest and engagement within the Polkadot community, solidifying its position in the Web3 ecosystem.

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Polkadot Embraces Node Upgrade as Staking Milestone is Achieved