The referendum to launch Coretime on Kusama is now open for voting. Among them, Kusama referendum 372 will decide to register the Coretime parachain. Once the Coretime parachain is registered, the rest of the Kusama network can be upgraded to version v1.2.0, which will migrate all leases to the Coretime parachain. In addition, after this, a separate referendum will be launched to enable the sale of Coretime through the Coretime parachain. This is all based on the Coretime runtime in Fellowship v1.2.0.
Kusama referendum 373 aims to upgrade the Kusama system to Fellowship v1.2.0, which will migrate all leases to Coretime, and the effective date is set for April 18.
Please note that once the runtime upgrade is implemented, auctions will be stopped immediately, existing leases will be automatically migrated to bulk Coretime, unstarted auctions will be cancelled, and locked KSM will be refunded. After these two proposals pass, the official will launch another referendum to enable the purchase of Coretime.
Parity developer joyce said that if the vote is successful, Coretime is expected to be launched on Kusama on April 18. (PolkaWorld)