Polkadot has recently seen a surge of growth in its ecosystem with the release of an updated Polkadot Host implementation, Kagome 0.9.0, as well as the integration of multiple parachains into the network. These parachains are Astar Network, which was the first to support an EVM and WASM VM Smart Contracts, and Acala Network which released a cross-chain token library xtokens. These impressive new milestones have reflected positively in the price of Polkadot's (DOT) cryptocurrency, which has risen 3.77% over the past 24 hours.

However, Polkadot's governance system is having some difficulties in passing Referendum 112, which proposes to immediately increase the number of validators in the active set from 297 to 500. Although it is generally accepted that the higher the number of validators, the more secure the protocol is, only 26% of the votes have currently been cast in its favor.

Nevertheless, the Polkadot ecosystem is continuing to thrive, showing how scalability and security can be achieved in a more efficient and cost effective way. With more development and integration on the way, Polkadot will certainly become a prototypical way of bridging the gap between centralized and decentralized solutions.



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