PoA Web3 Foundation will launch Polkadot in Proof of Authority mode. During this time, most users will be able to:
Claim tokens from their Ethereum contract,
Stake tokens and declare their intent to validate or nominate.
Validators will also be able to set their Session keys in preparation for Proof of Stake, and Web3 Foundation will be able to use the Sudo key to manage the chain and enable more features.
NPoS During Nominated Proof of Stake, the network will run with a decentralized set of validators. During this phase, Web3 Foundation will use Sudo to increase the number of validators in the set.
Governance and Removing Sudo With Polkadot's governance system enabled, it can elect the first Council and Technical Committee and start accepting public proposals. While the Sudo key might still be needed for a few operations, governance can take over most of the chain's decisions. Once Sudo is removed, root calls will only be dispatchable via governance.
Enable Balance Transfers Polkadot allows balance transfers.
Current Phase: Parachain Rollout Before being enabled by Polkadot’s network governance, parachains will be tested and optimized both on parachain testnets and on Kusama. Once the code has been fully tested, audited and benchmarked, and parachains are running smoothly on Kusama, Polkadot governance can enable parachains and begin parachain slot lease auctions. Parachain slots will be auctioned one-by-one, with each auction lasting about 1 week.
Future Upgrades Polkadot upgrades currently under development include upgrades to XCMP (Cross-Chain Message Passing) and the launch of parathreads. These and any subsequent upgrades can be enabled by Polkadot’s on-chain governance community once development, testing, benchmarking, and auditing are complete.
