Polkadot (DOT) continues to stand out in 2024 as one of the leading blockchain platforms, with significant technological innovations that solidify its position in the Web3 ecosystem. The launch of Polkadot 2.0, along with the new Join Accumulate Machine (JAM) system, represents a revolutionary milestone aimed at increasing the scalability and interoperability of the network.
Polkadot 2.0 and the JAM System
Polkadot 2.0 is a collection of improvements designed to transform the blockchain architecture. One of the main changes is the partial replacement of the current parachain model with a more modular system known as Coretime. This new feature will allow developers to rent units of computing power, making access to Polkadot more cost-effective and flexible. This model lowers the barriers of entry for new projects and expands the range of innovations possible on the network.