Polkadot founder Gavin Wood answered a few questions about the network's proposed Join-Accumulate Machine (JAM) enhancements following a gray paper published last month.
In an hour-long podcast interview with The Kusamarian, Wood said JAM is his "original" scalable world computer capable of computing "significant volumes" such as "global volumes of transactional computing data. " He revealed that it was a step towards an "original concept".
Mr. Wood also warned that "back of the envelope calculations" should be taken with a "very, very, very, very large pinch of salt" because, according to "back of the envelope calculations," JAM is "half a million times the computational performance of EVM [... ]. Probably millions of times," he added.
MapMetrics, a navigation app that rewards users for mapping the world, has migrated to peaq from rival #blockchain #Solana .
Peaq is a Polkadot-based para-chain that specializes in supporting decentralized physical infrastructure networks (DePINs). It uses blockchain to manage and maintain decentralized networks of physical devices such as sensors, wireless infrastructure, and energy networks.
As the number of blockchain projects continues to grow, it becomes increasingly important to achieve interoperability and scalability between #blockchains , and #Polkadot is addressing this challenge with a technology approach known as "parachaining. " It utilizes Polkadot's network security, isolation and connectivity safeguards to allow different blockchains to efficiently and securely expand and work together. What is a parachain? Unlike many other blockchains such as #CryptoWatchMay2024 , Polkadot has many internal ...
MapMetrics has 55,000 users and devices in 177 countries and a partnership with Microsoft's Bing Maps.
The startup said it hopes the move away from Solana will foster synergies with other DePINs in the peaq ecosystem.
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