Polkadot Founder Releases JAM Graypaper To Revolutionize Web3’s Future

• Michael van de Poppe acknowledges Polkadot as a promising Layer 1 Blockchain outside Ethereum.
• Polkadot Founder Gavin Wood recently released JAM Graypaper, introducing the next generation of Polkadot.
• JAM intends to bring Polkadot’s capabilities beyond the existing limitations of Web3.

Prominent crypto analyst Michael van de Poppe acknowledged Polkadot as a “promising Layer 1 Blockchain outside of Ethereum.” In his recent X post, van de Poppe shared insights on Polkadot’s journey from 2016, when Founder Gavin Wood released the Polkadot Whitepaper, till 2024, when he released the JAM Graypaper.

Promising Layer 1 blockchains outside of $ETH?

I think I've got a few, and one is $DOT.@gavofyork wrote the Polkadot Whitepaper in 2016 and has now released the JAM Graypaper, essentially enabling Polkadot 2.0.

Strong bounce in the markets too, at a cycle low still. pic.twitter.com/h3mUOOHJes

— Michaël van de Poppe (@CryptoMichNL) May 1, 2024

At Token 2048 Dubai, Gavin Wood shed light on the next generation of Polkadot that envisions revolutionizing the future of Web3. As per an official post released by Polkadot, the network aims to “provide the speed, s…

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