co-founder and creator Gavin Wood joined Bullish CEO Tom Farley on CoinDesk Spotlight to discuss the latest developments in the Polkadot protocol.
Gavin Wood discussed his current focus, which is primarily on developing the next iteration of the Polkadot protocol, referred to as JAM Chain.
He further explains that this new protocol builds on the foundations of both Polkadot and Ethereum, incorporating new ideas to create a more generalized environment that is not strictly a smart contract chain but retains the ability to secure blockchains like Polkadot does.
Wood elaborated on JAM Chain’s capabilities, explaining that while it shares some similarities with smart contract environments, it is designed to do much more, using Polkadot’s underlying crypto-economic mechanisms to perform a broader range of tasks.
Tom Farley tried to simplify the concept by asking if JAM Chain could be thought of as a…
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