The Good Tech Companies - Why Polkadot's JAM is a Game-Changer for Blockchain Scalability

Episode Date: June 21, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/why-polkadots-jam-is-a-game-changer-for-blockchain-scalability. Polkadot's Join-Accumulate Machine (JAM) promises to redefine the way we think about blockchain scalability and performance. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #blockchain-scalability, #zk-rollups, #polkadot-jam, #coretime-model, #blockchain-infrastructure, #blockchain-performance, #join-accumulate-machine, #good-company, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Polkadot's Join-Accumulate Machine (JAM) promises to redefine the way we think about blockchain scalability and performance. JAM boasts an impressive processing capacity of 500-5,000 EVM gas/µs and up to 4,000 reads/sec/core. This translates to an aggregated performance of up to 341 cores, surpassing the capabilities of a single native CPU core.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Why Polkadots Jam is a Game Changer for Blockchain Scalability By Ashan Pandey As more users and applications flock to decentralized platforms, the need for efficient and robust blockchain infrastructure becomes increasingly apparent. Enter Polkadots Join Accumulate Machine, Jam, a groundbreaking solution More users and applications flock to decentralized platforms, the need for efficient and robust blockchain infrastructure becomes

increasingly apparent. Enter Polkadot's Join Accumulate Machine, JAM, a groundbreaking solution that promises to redefine the way we think about blockchain scalability and performance. What is JAM, and why is it a big deal? JAM is a new blockchain design that aims to address the limitations of existing systems by offering a more modular and minimalistic approach. It's not just another upgrade, it's a complete overhaul of the way blockchains operate. JAM's unique architecture enables it to achieve unprecedented levels of scalability and performance, making it a game-changer in the industry. To understand the significance of JAM, let's break down some of its key features distributed availability. JAM targets a staggering 852 megabytes per second of distributed availability.

In simpler terms, this means that JAM can process and store vast amounts of data at an incredibly fast rate. To put this into perspective, Ethereum, one of the most popular blockchain platforms, currently has a distributed availability of just 1.3 megabytes per second. Jam's capacity is over 650 times greater, enabling it to handle a much larger volume of transactions and data. Backslash.computational power. JAM boasts an impressive processing capacity of 5005,000 EVM gas per microsecond and up to 4000 reads, sec, core. This translates to an aggregated performance of up to 341 cores, surpassing the capabilities of a single native CPU core by a factor of 85. In layman's terms, JAM can execute complex computations and smart contracts at a much faster rate than existing blockchain platforms, making it suitable for a wide

range of applications. Backslash. Smart Contract and ZK Rollup Integration JAM seamlessly integrates smart contracts and ZK rollups, two essential components of modern blockchain systems. Smart contracts are self-executing contracts with the terms of the agreement directly written into code, while ZK rollups are a layer two scaling solution that enables faster and cheaper transactions. By combining these technologies, Jam offers enhanced security and efficiency, making it easier for developers to build and deploy decentralized applications. Backslash dot, Core Time Model. JAM introduces the Core Time Model,

which democratizes access to the blockchain. This model allows developers to deploy services directly, optimizing costs and boosting economic efficiency. In essence, Core Time makes it easier and more affordable for developers to build and run applications on the blockchain, leveling the playing field and encouraging innovation. Jam represents a paradigm shift in blockchain design, offering a more modular and minimalistic approach that facilitates seamless cross-chain communication and decentralized applications. Unlike traditional blockchain upgrades, Jam is a comprehensive overhaul that aims to address the limitations of existing systems and pave the way for unprecedented scalability and efficiency. Final thoughts Polkadot's Jam represents a significant milestone

in the evolution of blockchain technology. Its innovative design and impressive capabilities have the potential to reshape the landscape of scalability and performance, setting new standards for the industry. As developers and users navigate the rapidly changing world of blockchain, it's crucial to recognize the importance of adaptability and innovation. Jam embodies these principles, offering a more modular, minimalistic approach that facilitates seamless cross-chain communication and decentralized applications. The integration of smart contract and ZK rollups, coupled with the core time model, democratizes access to the blockchain and opens up new opportunities for

developers. By optimizing costs and boosting economic efficiency, Jam levels the playing field and encourages innovation across the ecosystem. The ultimate goal of achieving block times as close to 133 milliseconds as possible, while maximizing data propagation and minimizing latency, is an ambitious one. It will require a concerted effort from the entire blockchain community to push the boundaries of what's possible and unlock the full potential of this transformative technology. Don't forget to like and share the story. Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author.

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