Welcome to Decrypt’s Week in Polkadot: A Recap for Crypto Enthusiasts!
Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem.
– Polkadot founder Gavin Wood delves into the network’s proposed Join-Accumulate Machine (JAM) upgrade
– Wood’s “original concept” of a scalable world computer is discussed
– JAM could potentially achieve significant computational performance gains
In an hour-long podcast interview with The Kusamarian, Gavin Wood discussed the proposed Join-Accumulate Machine (JAM) upgrade for the Polkadot network. This upgrade represents a step towards Wood’s vision of a scalable world computer that can handle global levels of computational data. Wood mentioned that, based on rough calculations, JAM could potentially provide a significant boost in computational performance, possibly reaching into the millions.
– MapMetrics, a drive-to-earn navigation app, migrates to the Polkadot ecosystem
– Peaq, a Polkadot-based parachain supporting decentralized physical infrastructure networks, hosts MapMetrics
– The migration aims to foster synergies with other decentralized infrastructure networks in the peaq ecosystem
MapMetrics, a navigation app that allows users to earn rewards by mapping the world, has transitioned to the peaq blockchain from Solana. Peaq specializes in supporting decentralized physical infrastructure networks, known as DePINs. These networks involve utilizing blockchain technology to manage and operate decentralized networks of physical devices, such as sensors, wireless infrastructure, and energy grids. The migration of MapMetrics to Peaq is expected to facilitate collaborations with other DePINs within the peaq ecosystem.
– PolkaPAT and Rug Radio engage in a discussion on the Polkadot ecosystem in Asia
– Topics include community voting on the JAM Upgrade and the growing interest of Western developers in Southeast Asia
PolkaPAT, co-curator of Polkado APAC and Polkadot SEA, participated in a discussion with Rug Radio contributor Pukerainbow at Southeast Asia Blockchain Week. The conversation covered various aspects of the Polkadot ecosystem in Asia, including community voting on the upcoming JAM Upgrade and the increasing interest of Western developers in the Southeast Asian region and vice versa.
– Acala, a parachain in the Polkadot ecosystem, unveils its Sinai Upgrade
– The upgrade focuses on multichain integration, enabling cross-chain transactions using XCM and Wormhole
– Users can access staking, liquidity provisioning, and lending across platforms like Polkadot, Ethereum, and Solana
Acala, a parachain operating within the Polkadot ecosystem, has announced the launch of its Sinai Upgrade. This upgrade will emphasize multichain integration, allowing for cross-chain transactions through XCM (Cross-Consensus Messaging) and Wormhole. Users will have the opportunity to engage in staking, liquidity provision, and lending activities across major blockchain platforms such as Polkadot, Ethereum, and Solana.
Stay informed about the latest updates in the Polkadot ecosystem to enhance your crypto knowledge and stay ahead in the digital asset space!
**Sources:**
– [graypaper](https://graypaper.com/)
– [podcast](https://www.youtube.com/watch?v=O3kRAVBTkfs)
– [peaqnetwork tweet](https://twitter.com/peaqnetwork/status/1783537833463922891)
– [pukecast tweet](https://twitter.com/pukecast/status/1785558849250041986)
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