Polkadot 2.0 One Year On - Did Agile Coretime Deliver?
TL;DR One year after Polkadot 2.0 shipped its three flagship pieces - Agile Coretime, Elastic Scaling, and Asynchronous Backing - the picture is mixed but mostly positive. What worked: core prices collapsed, network utilization roughly doubled, and the barrier to entry is now hundreds of dollars instead of millions. New teams are shipping that would never have run a crowdloan. What did not: the secondary market for cores is thin, bulk sales are dominated by a small set of repeat bidders, and the developer story for “buy a core and ship something” is still rougher than it should be. The honest verdict: Agile Coretime delivered on the economics. It did not deliver on the user-experience promise. Polkadot 2.0 is a better foundation than Polkadot 1.0 by every measurable metric, but the application layer is still where the network has to prove itself. Where We Were A Year Ago Last September I wrote a plain-English explainer of Agile Coretime. The pitch was simple: stop selling parachain slots like reserved parking spaces and start selling them like a parking meter. Pay for what you use, when you use it. Resell what you do not. ...