The Polkadot community has passed proposal #1143, transitioning from the previous slot auction mechanism to the Agile Coretime mechanism. Agile Coretime is a new parallel chain resource allocation mechanism. Unlike slot auctions, it allows projects to rent network computing resources (i.e., Coretime) through a sales model, simplifying the allocation process, enhancing flexibility, and eliminating the high costs and uncertainties associated with auctions. Additionally, in the latest proposal #1161, the community has voted to approve a detailed plan for Coretime sales, including setting initial prices and sales parameters. (PolkaWorld)