💥Gavin Wood: Elastic expansion will have a significant impact on DOT's token economy!
The price of the core has not changed at present because Polkadot only has 45 core resources, corresponding to 45 parallel chains, each of which can only use one core.
This leads to a perfect balance between supply and demand, and the price will naturally tend to zero.
But when elastic expansion is launched, demand will be magnified. We already know that some chains are willing to spend a lot of money to buy multiple cores (such as Mythical, peaq, Unique) to obtain faster transaction processing speeds and higher throughput!
Once the elastic expansion function is launched, it will support a chain with 10 cores, and the price may also increase 10 times~
This will greatly change the economic model of DOT and bring an interesting turn!
According to @alice_und_bob's latest live broadcast, this function should be launched in late August, and it may be slightly delayed to early September! The developer team is working on stability optimization, but the overall progress is smooth!
Let's look forward to it~🥰
