bitcoin
Bitcoin (BTC) $ 69,096.51
ethereum
Ethereum (ETH) $ 3,807.03
tether
Tether (USDT) $ 0.99983
bnb
BNB (BNB) $ 601.28
xrp
XRP (XRP) $ 0.535778
cardano
Cardano (ADA) $ 0.461109
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.720512
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.170159
okb
OKB (OKB) $ 48.54
polkadot
Polkadot (DOT) $ 7.43
shiba-inu
Shiba Inu (SHIB) $ 0.000025
tron
TRON (TRX) $ 0.113942
uniswap
Uniswap (UNI) $ 11.52
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,200.54
dai
Dai (DAI) $ 0.999309
litecoin
Litecoin (LTC) $ 84.71
staked-ether
Lido Staked Ether (STETH) $ 3,803.99
solana
Solana (SOL) $ 163.52
avalanche-2
Avalanche (AVAX) $ 37.22
chainlink
Chainlink (LINK) $ 17.29
cosmos
Cosmos Hub (ATOM) $ 8.37
the-open-network
Toncoin (TON) $ 6.31
ethereum-classic
Ethereum Classic (ETC) $ 31.79
leo-token
LEO Token (LEO) $ 5.93
filecoin
Filecoin (FIL) $ 5.89
bitcoin-cash
Bitcoin Cash (BCH) $ 488.10
monero
Monero (XMR) $ 141.31
bitcoin
Bitcoin (BTC) $ 69,096.51
ethereum
Ethereum (ETH) $ 3,807.03
tether
Tether (USDT) $ 0.99983
bnb
BNB (BNB) $ 601.28
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.535778
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.170159
cardano
Cardano (ADA) $ 0.461109
solana
Solana (SOL) $ 163.52
matic-network
Polygon (MATIC) $ 0.720512
polkadot
Polkadot (DOT) $ 7.43
tron
TRON (TRX) $ 0.113942

Polkadot’s Gavin Wooden introduces new JAM chain graypaper at Token2049 

Must Read

Talking at Token2024 in Dubai, blockchain veteran Gavin Wooden unveiled plans for a brand new protocol referred to as JAM Chain constructed atop Ethereum and Polkadot ideas.

Wooden is a blockchain developer with a decade of expertise who’s credited with co-founding a number of main decentralized networks, together with Ethereum (ETH), Polkadot (DOT), and Kusama (KSM).

The College of York alumni can be notably generally known as the unique writer of Ethereum’s Yellow Paper, the formal definition of crypto’s second-largest blockchain after Bitcoin (BTC).

Gavin Wooden: Polkadot JAM chain is a protocol, not software program

Gavin Wooden’s presentation on the Token2024 blockchain convention in Dubai launched the Joint-Accumulate Machine or JAM chain as a protocol at first somewhat than software program. In keeping with the Polkadot co-creator, JAM is designed to be sooner and extra decentralized in structure and improvement experience.

“JAM is permissionless in nature, permitting anybody to deploy code as a service on it for a price commensurate with the sources this code makes use of and to induce execution of this code by way of the procurement and allocation of core-time, a metric of resilient and ubiquitous computation, considerably just like the buying of gasoline in Ethereum. We already envision a Polkadot-compatible CoreChains service.”

JAM Grey Paper

You may additionally like: Token2049: Crypto specialists spotlight Ethereum blockchain issues

Wooden defined that Polkadot’s JAM Chain will ship good contract performance by way of a decentralized hybrid system. Wooden’s thesis revealed similarities with Ethereum’s EVM however pivoted to a brand new PMB paradigm pushed by Polkadot’s underlying infrastructure.

See also  Lightspeed E-newsletter: Solana’s failing transaction drawback

Wooden implored members and contributors to review JAM’s Grey Paper.

Moreover, the Polkadot co-creator pointed to the JAM prize initiative backed by the Web3 Basis to incentivize interactions. The fund will reward builders throughout numerous tiers of JAM implementations. Builders may even have entry to a full-scale reproduction of the chain referred to as the JAM toaster, which is constructed to assist with debugging and optimization.

Wooden mentioned the Polkadot Fellowship, the technical physique accountable for Polkadot upgrades, will finalize all tooling and software program specs wanted to run the JAM chain as soon as a proposal is printed within the coming months.

Learn extra: Token2049 panelists focus on meme cash’ function in crypto trade improvement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Voting Begins to Distribute Charges to Token Holders

Regardless of receiving a warning from the US Securities and Change Fee (SEC), Uniswap Basis is continuous with its...

More Articles Like This