Polkadot officially issued a document to review the development status in 2023, and plans to implement asynchronous support, flexible Coretime and minimum Relay in 2024. In the first quarter of next year, Snowbridge, a cross-chain bridge between Polkadot and Ethereum, will be deployed.

According to Foresight News, Polkadot has released an official statement reviewing its development progress in 2023 and outlining plans for 2024. The company intends to implement asynchronous support, flexible Coretime, and minimal Relay in the coming year. Additionally, Polkadot plans to deploy the Snowbridge cross-chain bridge between Polkadot and Ethereum in the first quarter of next year.

Polkadot (DOT) bearish stalemate is over as bulls enter ambitious run source: https://u.today/polkadot-dot-jumps-20-as-it-eyes-major-milestone

Over the past 24 hours, Polkadot's (CRYPTO: DOT) price has risen 10.23% to $6.13. This continues its positive trend over the past week where it has experienced a 16.0% gain, moving from $5.25 to its current price. As it stands right now, the coin's all-time high is $54.98. source: https://www.benzinga.com/markets/cryptocurrency/23/12/36114165/polkadots-price-increased-more-than-10-within-24-hours?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site

According to the official announcement, HashKey Exchange will soon list Polkadot (DOT). The launch details and timetable are as follows: - Deposit and withdrawal: now open; - Trading opening: 16:00 on November 30, 2023 (Hong Kong time); - Trading pair: DOT/USD; - Open user types: professional investors only.

According to Foresight News, Fabian Gompf, the newly appointed CEO of Polkadot development agency Web3 Foundation, revealed in an interview with The Defiant that Polkadot's parallel chain system will undergo a fundamental shift by the end of this year or early next year. Polkadot will abandon the slot auction for parallel chains and adopt a new mechanism that allows application developers to rent block space as needed, allocate resources for parallel chains, and encode any content on top of it. This change is part of Polkadot 2.0, a vision first proposed by blockchain founder Gavin Wood in June at the Polkadot Decoded conference.

Odaily Planet Daily News Polkadot core developers said at the sub0 developer conference in Lisbon that they plan to eventually implement 1,000 parachains in the future through a software update called "asynchronous support". Asynchronous support is a major improvement to Polkadot’s parachain consensus protocol, and the update aims to halve parachain block times, from 12 seconds to 6 seconds, and increase the block space per block by 5-10 times. (The Block)

From July 13th to 14th, DemoDay, the final of the 2023 Summer Polkadot Hackathon Competition jointly organized by OneBlock+ and Parity, was successfully held at Shanghai Hongqiao International Exhibition and Convention Center. The competition is divided into the main track and the Bounty award, and a total of 17 entries won awards. The list of winners is as follows: the top three in building parachains and independent chains are: Cybros Network, MatrixAI, and Nomocracy; the top three in smart contracts are: Polkadot Smart Account, Bahen, and CBIndex; blockchain products and tools competition The top three on the road are: Mimir, Dauth Network, and zkFuture; the top three on the open proposition track are: DTIM, Trypto, and Chatdatainsight; the most popular award for developers is Cybros Network; the best innovation award is Trypto; the most popular audience Favorite award goes to Bahen. In the Bounty Awards, the winners of Alibaba Cloud are Chatdatainsight, Cybros Network, DeepDiary, Cyborg Network, CBIndex; the third prize of Astar&Bifrost is Dandelion; the first prize of CESS is MatrixAI; the second prize of CESS is AIShow; the winner of Deeper is D-DNS ; Moonbeam winner will be announced on July 18th.

Seven teams from the Polkadot ecosystem, Acala, Astar, Interlay, KILT Protocol, Moonbeam, Subscan, and Phala, announced the establishment of the Polkadot Alliance, which aims to establish and maintain a set of ethics for the community to follow. The coalition will live on-chain, develop ethical guidelines around brand usage, investigate scams and harmful behavior, while also honoring teams that have actively contributed to the growth of the Polkadot network.