ChainCatcher news, Polkadot founder Gavin Wood tweeted that the "Initial Jam Specification: A Proposal for the Future of Polkadot" has been released in the gray paper.Jam stands for Join-Accumulate Machine, which is a semi-consistent, scalable, trustless virtual machine that combines elements of Polkadot and Ethereum protocols. It provides a global single-instance permissionless object environment similar to the Ethereum smart contract environment, along with parallel secure sideband computing on a scalable node network. The overall service model is primarily driven by Polkadot's underlying architecture.Jam allows anyone to deploy code as a service on it and charges corresponding fees based on the resources used by the code, or a CoreChains service compatible with Polkadot will be launched.

ChainCatcher message, Gavin Wood and Joe Petrowski from the Web3 Foundation initiated RFC-32, proposing to migrate the logic of multiple subsystems from the relay chain to "system parachains." These "system chains" will form the entire Polkadot network alongside the relay chain. If the state transitions of the relay chain can occur on the parachains, it will free up some resources; the portion of validator resources originally used for relay chain state transitions can be repurposed, thus providing more core time for the network, i.e., more block space. It is reported that the identity, staking, and governance systems will be the first to migrate to the system parachains.

ChainCatcher news, according to CoinDesk, the layer 1 network Vara Network, developed in collaboration with the Gear Foundation and supported by Polkadot founder Gavin Wood, has launched its mainnet.Vara Network stated that it utilizes concepts such as the Actor model and persistent memory to enhance speed and reduce latency, introducing parallel processing and separate memory space for smart contracts, providing support for development in areas such as gaming and finance.

ChainCatcher news, Gavin Wood stated at the Polkadot Decoded conference that Polkadot may cancel parachain auctions and shift to an application-centric model. He proposed a new perspective on Polkadot: no longer limited to the original parachains and relay chains, but focusing on the more fundamental resources required by blockchains—core computing (cores), viewing Polkadot as a multi-core computer. The time on these cores is referred to as "Core Time," which can be sold periodically.Gavin explained that Polkadot's goal is not just about chains, but about space, about the underlying resources required by chains. He emphasized that Polkadot is a platform for builders to create applications and for users to use applications. Essentially, it is not a platform for hosting blockchains. Chains are just one of the ways to make Polkadot useful, but they may not be the only way. Overall, Polkadot is a resilient, versatile, continuous computing provider. (source link)

ChainCatcher news, Polkadot co-founder Gavin Wood recently commented on the trusted setup of the privacy transfer protocol Manta Network and MantaPay: "The widespread adoption of a sovereign Web3 largely depends on innovations in trustless privacy protection mechanisms, such as zero-knowledge proofs. I am pleased to see such innovations happening at the forefront of the Polkadot ecosystem. Manta Network's recently record-breaking trusted setup and the upcoming MantaPay showcase significant innovation in this field."It is reported that the Manta trusted setup event has officially concluded, and over 4,300 valid contributors will receive Discord identities and NFTs launched in collaboration with @RmrkApp. Additionally, the Manta Dolphin v3 testnet is still ongoing, which is the last version of the testnet before MantaPay goes live on Calamari, giving participants a chance to receive airdrop rewards. (source link)

ChainCatcher news, at the Polkadot Developer Conference Sub0, Polkadot co-founder and Parity Technologies architect Gavin Wood announced the development plans for Polkadot in 2023 and beyond, focusing on the cross-channel and cross-consensus messaging protocol XCM, as well as a new agile and more decentralized network governance process OpenGov. (Cointelegraph)

ChainCatcher news, according to CoinDesk, Polkadot co-founder Gavin Wood stated to Bloomberg that he will step down as CEO of the Polkadot ecosystem development organization Parity Technologies.Another co-founder, Björn Wagner, will become the new CEO. In his statement, he said, "The role of CEO has never been something I aspired to, and that goes back a long time. I can do a good job as CEO for a while, but it's not where I can find eternal happiness." (source link)