Poka is about to launch three key upgrades: it plans to increase the minimum number of network active verifiers to 500

It is reported that according to the disclosure of Kusama Council member Bill Laboon on social media, Poka is about to launch three key upgrades, of which at least two key proposals to improve network functions have won the support of more than 95% of voters. The first Referenda 101 proposal aims to promote the provision of rewards for Wasm smart contracts, which helps to make the Polkadot parallel chain more secure in general; In addition, the approval rate of Referenda 103&104, which has lifted the barrier of Zeitgeist parallel chain, has reached 98%. These new upgrades will contribute to the governance of the underlying blockchain on the democratized Polkadot network; There is also a proposal to increase the minimum number of active verifiers on the Polkadot network to 500, which will further improve the time of transaction verification, and also can quickly track events to help Polkadot maintain a high response and act as a functional network of the blockchain. （u.today）

Interpretation of this information:

According to Kusama Council member Bill Laboon, Poka is set to launch three major upgrades, with two of them already receiving support from over 95% of voters. The Referenda 101 proposal aims to incentivize Wasm smart contracts, making the Polkadot parallel chain more secure. The Referenda 103&104 will lift barriers of the Zeitgeist parallel chain and have a 98% approval rate. These upgrades will contribute to the blockchain’s governance on the democratized Polkadot network. There is also a proposal to increase the minimum number of active verifiers on the network to 500 for quicker transaction verification and tracking.