According to Odaily, the Web3 Foundation has initiated a pool of 10 million DOT tokens, equivalent to approximately $65 million, to support the deployment of the Join-Accumulate Machine (JAM) upgrade to the Polkadot ecosystem. Polkadot's founder, Gavin Wood, revealed on May 27 that the community had 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 network's resilience. The 10 million DOT award encourages the creation of JAM implementations in various programming languages, including OCaml, Go, and Zig.
Qualified participants must reach specific milestones, such as importing and producing blocks, meeting performance standards on Kusama and Polkadot, and passing security audits. The plan aims to ensure the development of a decentralized network capable of handling various computational tasks.
The foundation stated that JAM provides a universal environment to ensure L2 scalability without relying on rollup solutions and meets the diverse needs of any application. It added that the community's strong support for JAM indicates a willingness to accept decentralized innovation while maintaining high standards.
Although the upgrade schedule is currently unclear, its implementation will proceed in five steps, including importation, authoring, speed checks, and security audits.