Gavin Wood: Polkadot will achieve five significant technological breakthroughs by 2024.

BlockBeats reported on December 25th that Gavin Wood, the founder of Polkadot, outlined the technology development blueprint for 2024 in his annual review. Wood pointed out that the new year will be very busy for Polkadot, with four important infrastructure developments expected, including Agile Coretime, On-Demand Parachains, Ethereum Snowbridge, and Kusama bridging. In addition, Elastic Scaling technology is expected to be launched in 2024, becoming the fifth major technological breakthrough. Wood also expressed his expectation for the expansion of Polkadot's DAO (decentralized autonomous organization) primitives, including new scholarship programs, multi-asset sub-treasuries, expanded XCM, and some exciting new primitives under development. Polkadot's new non-forking block generation consensus algorithm, Sassafras, has also taken shape and is expected to be used on the test network starting in 2024. Parity Labs is also developing many new technologies, including a recent RFC (closed, currently in prototype stage for major iterations) called CoreJam, which may provide some clues about the direction of technological development.