Polkadot founder Gavin Wood has introduced the Gray Paper that outlines the upcoming Join-Accumulate Machine (JAM) upgrade for the network.
Wood made the announcement during his presentation on Polkadot’s future at the Token2049 crypto conference in Dubai.
The Future Of Polkadot
According to Wood, JAM is a groundbreaking protocol that merges elements from Polkadot and Ethereum. In a post on X, Polkadot stated that the unveiling, coming a decade after the release of the Yellow Paper, is a significant evolution that will eventually replace Polkadot’s existing Relay Chain with a more modular and minimalistic design.
“Earlier today @gavofyork unveiled the JAM Gray Paper. JAM is a protocol combining elements of both Polkadot and Ethereum. It is a prospective path to replace the Relay Chain with a more modular, minimalistic design.”
The entity behind Polkadot, Web3 Foundation, also announced a 10 million DOT prize pool to help foster greater diversity within the deve
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