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HYPE $43.39 -4.40%
AAVE $115.33 +8.82%
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ZEC $331.13 -4.18%

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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