Web3 Foundation Pauses 100x Polkadot Redenomination, According to Cointelegraph

The Web3 Foundation has decided to delay its proposal for a 100x redenomination of Polkadot’s (DOT) supply following a community referendum on the Kusama network.

Although the referendum, termed a Polkassembly, received considerable support for the proposal, the Web3 Foundation acknowledged a significant level of opposition, which included dissent from some members within both the Web3 Foundation and Parity.