Summary
- Dr. Gavin Wood, co-founder of Ethereum, introduced Polkadot to address blockchain scalability, interoperability, and governance challenges.
- Wood’s latest project, JAM (Join-Accumulate Machine), aims to enhance blockchain scalability further by streamlining upgrades and introducing rollup chains.
- JAM operates in a transaction-less manner, focusing on integrating outputs from roll-ups directly into its state.
- JAM enables decentralized innovation by providing a flexible, permissionless platform for developers and entrepreneurs.