The post The Protocol appeared on BitcoinEthereumNews.com.

3. Polkadot’s decentralized governance approved the Join-Accumulate Machine (JAM) protocol as the network’s future architecture, according to the team: “JAM, a minimalist blockchain concept, will support secure rollup domain-specific chains and offer synchronous composability across services. To encourage development, Web3 Foundation launched the JAM Implementer’s Prize, a 10 million DOT fund (~$64.7M USD), for creating diverse JAM implementations. This initiative aims to enhance scalability and flexibility in blockchain applications, integrating elements from Polkadot and Ethereum for a versatile, secure environment.” The JAM “gray paper” by Polkadot founder Gavin Wood is here. Source: https://www.coindesk.com/tech/2024/06/19/the-protocol/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Filed under: News - @ June 19, 2024 10:26 pm