Upgrade to stable2412-2

[dastansam]

What?

closes #446

Tasks

• Review release notes for stable2412 for breaking changes. Also check the release notes of the versions before (with a focus on stable2409 and 1.14.0).
• Update Polkadot SDK dependencies to stable2412.
• Update ORML dependencies to the according version.
• Test node and runtime compatibility (e.g., compile-time errors, runtime APIs, storage migrations).
• Audit custom pallets for deprecated or changed SDK interfaces.
• Update benchmarks (if applicable) for weight calculations.

Additional Context

• The Treasury::propose_spend(...) integrations tests needs a rework, since that extrinsic is now deprecated, and it should be replaced by Treasury::sped_local(...). We can ignore these tests for now and re-add them in a later PR.

Why?

Release analysis posts here.

Some notable PRs:

• Replaces SignedExtra with new TransactionExtension. This requires us to reimplement the custom CheckNonce as a follow up PR - FRAME: Reintroduce TransactionExtension as a replacement for SignedExtension paritytech/polkadot-sdk#3685
• XCM V5 is now latest, so v4 xcm types are replaced with v5 - XCM v5 paritytech/polkadot-sdk#4826 -
• merges xcm-fee-payment-runtime-api module into the new xcm-runtime-apis - [xcm] runtime api for LocationToAccount conversions paritytech/polkadot-sdk#4857
• remove sp-std dependency, replace with alloc or core

How?

Testing?

• Pallet Unit Testing (e.g. cargo t -p pallet-funding)
• Integration Tests (e.g. cargo t -p integration-tests)
• Try Runtime CLI, to test if we have to run any migration in this upgrade.

Screenshots (optional)

Syncing with mainnet `polimec`

[dastansam]

will remove identity pallet and add a migration now

[graphite-app]

Graphite Automations

"Auto-assign PRs to author" took an action on this PR • (02/26/25)

1 assignee was added to this PR based on Juan Ignacio Rios's automation.

[dastansam]

resolved conflicts and squashed all commits into one @lrazovic

[dastansam]

closed in favor of #470