The Polkadot co-creation proposal suggests establishing a new Plaza system to unify parallel chains and enhance scalability

According to Cryptoslate, Rob Habermeier, co-founder of Polkadot, has proposed a new system chain concept called Plaza. Its goal is to integrate existing parallel chain functions to enhance the scalability of the entire network. Habermeier explained that the current dispersion of functions across multiple chains not only poses challenges for users and developers but also leads to issues with network fragmentation and limited scalability. Therefore, he advocates building a synchronous system with scalable features to improve overall usability.

The Plaza system integrates various parallel chain functions into a single chain, aiming to provide convenience for users, developers, liquidity providers and decentralized applications (dApps). Its solution will cover diverse functionalities such as asset issuance, smart contracts, staking, bridging modules and near-zero cost transactions. The plan is for this chain to evolve from the existing AssetHub which already supports asset wallets, bridges and tool integration.

With Polkadot's upcoming launch of flexible expansion capabilities,Habermeier believes integrating functionality into a single chain will help increase network efficiency. He anticipates that if Plaza gets approved it would greatly simplify interaction processes within the Polkadot network allowing developers more focus on enhancing its scalability.