Web3 Foundation CEO: Polkadot will abandon parachain slot auctions, allowing developers to rent block space as needed

ChainCatcher news, according to The Defiant, the new CEO of the Polkadot development organization Web3 Foundation, Fabian Gompf, stated in an interview that Polkadot is about to undergo a significant transformation. Polkadot will soon abandon the parachain slot auctions and adopt a new mechanism that allows application developers to rent block space as needed.