According to Odaily Planet Daily, the Web3 Foundation has launched a prize pool of 10 million DOT tokens (about 65 million US dollars) to support the deployment of Join-Accumulate Machine (JAM) upgrades to the Polkadot ecosystem. Polkadot founder Gavin Wood revealed that the community almost unanimously approved the upgrade proposal. The foundation stated that its initiative aims to promote innovation and enhance the Polkadot ecosystem through the implementation of various JAM protocols, thereby improving the resilience of the network.
The 10 million DOT prize encourages the creation of JAM implementations in various programming languages, including OCaml, Go, and Zig. Eligible participants must reach specific milestones, such as importing and producing blocks, meet performance standards on Kusama and Polkadot, and pass security audits. The program aims to ensure the development of a decentralized network capable of handling a variety of computing tasks.
The Foundation claims that JAM provides a general environment to ensure L2 scalability without relying on rollup solutions and meeting the diverse needs of any application. The community's strong support for JAM demonstrates a willingness to embrace decentralized innovation while maintaining high standards. Although the timeline for the upgrade is currently unclear, its implementation will be carried out in five steps, including importation, authoring, speed checks, and security audits.
