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BCH $217.91 -2.59%
LINK $8.11 -4.17%
HYPE $60.37 -8.55%
AAVE $91.06 -3.26%
SUI $0.7299 -2.74%
XLM $0.1863 -2.83%
ZEC $540.16 -3.24%

Gavin Wood has published a proposal about the future of Polkadot in the white paper

2024-04-18 18:26:52
Collection

ChainCatcher news, Polkadot founder Gavin Wood tweeted that the "Initial Jam Specification: A Proposal for the Future of Polkadot" has been released in the gray paper.

Jam stands for Join-Accumulate Machine, which is a semi-consistent, scalable, trustless virtual machine that combines elements of Polkadot and Ethereum protocols. It provides a global single-instance permissionless object environment similar to the Ethereum smart contract environment, along with parallel secure sideband computing on a scalable node network. The overall service model is primarily driven by Polkadot's underlying architecture.

Jam allows anyone to deploy code as a service on it and charges corresponding fees based on the resources used by the code, or a CoreChains service compatible with Polkadot will be launched.

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