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Polkadot announces new proposal; will DOT see a change of fate

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Polkadot seems to be having a rough time considering the drop in trading activity and revenue. However, this latest proposal could stir things up for the blockchain and reverse the ongoing downtrend.

to increase the active set of validators on its network is one of the notable developments. The objective of this proposal is to gradually add five new validators in each era, over a span of 20 eras.

It would also allow for natural leveling as the set of validators expands. Core developers have also agreed on similar increases in value, indicating a collective effort to enhance the network’s governance structure. Additionally, the revenue generated by Polkadot during this period also experienced a decline. By implementing governance measures aimed at increasing the active set of validators, Polkadot intends to reinvigorate the network and potentially reverse these downward trends.On the other hand, despite the decline in overall activity and revenue, Polkadot performed well in terms of theas reported by Polkadot Insider.

 

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