In a recent interview with Bullish CEO Tom Farley, creator Gavin Wood said his current focus is primarily on developing the next iteration of the Polkadot protocol, referred to as JAM Chain.
Historically, Polkadot has struggled to build an active user base for decentralized applications (dApps), often falling behind platforms like , , and . The upcoming JAM upgrade seeks to turn this around by adding new uses for the DOT token and expanding what decentralized networks can do.
Polkadot challenges with adoption were partly due to its complex ecosystem, making it tough for developers to get started. Developers need to understand its Layer 0 architecture, work with parachains, and deal with the costs of securing parachain slots, which has slowed the network’s growth.
Unlike Ethereum, where smart contracts can be deployed directly, Polkadot’s relay chain doesn’t natively support smart contracts, requiring developers…
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