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Fabian Gompf: Polkadot is about to abandon the slot auction of parachains in favor of a new mechanism

Fabian Gompf, the new CEO of Polkadot development agency Web3 Foundation, said in an interview that Polkadot is about to undergo a major transformation. Polkadot will abandon the slot auction for parallel chains and instead adopt a new mechanism that allows application developers to rent block space as needed.

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