TechFlow reports that Polkadot founder Gavin Wood has released the initial Jam specification in a graypaper, exploring future proposals for Polkadot.
The graypaper defines Jam as an integration of Polkadot and Ethereum elements, providing a global permissionless object environment combined with secure off-path computation that can run in parallel across a scalable network of nodes.
Jam introduces a decentralized hybrid system building smart contract functionality, primarily driven by Polkadot's underlying architecture.
Jam is permissionless, allowing anyone to deploy code as a service and pay fees based on resource usage by purchasing and allocating core-time to drive code execution.
The proposal also envisions a CoreChains service compatible with Polkadot.
