Gavin Wood, founder of Polkadot, made it clear that the JAM protocol has no plans to issue new tokens, and that the enhancement plan is only to strengthen Polkadot's existing ecosystem. (Synopsis: Polkadot founder Gavin Wood's first Taiwan speech" JAM builds Web3 cloud, Ethereum is just an old product of the past) (Background supplement: Polkadot founder Gavin Wood: Polkadot Satoshi coefficient is 149, the degree of decentralization is much higher than Ethereum and Solana) Recently, there has been a lot of discussion about whether the JAM protocol will issue new tokens in the Polkadot ecosystem, which has caused widespread speculation in the community. To this end, Polkadot founder Gavin Wood personally spoke out on the Polkadot forum, clearly stating his firm position on the matter: no new tokens!. Gavin Wood's response on the Polkadot forum was straightforward, saying, "I personally do not intend to issue new tokens based on the JAM protocol." He further pointed out that even though the leadership of Parity Technologies and the Web3 Foundation has the power to make their own decisions, he personally believes that it is not a "smart move" for these organizations to issue new JAM tokens. Gavin Wood emphasized that the core value of the JAM protocol lies in being a major technology upgrade and enhancement to the Polkadot ecosystem, rather than a new project independent of existing DOT tokens. JAM was developed with the goal of improving the overall performance of the Polkadot network, such as significant improvements in processing speed and data storage capabilities, not by issuing new tokens to expand. Gavin Wood explained that any potential new token, if any, should form a "symbiotic relationship" with DOT tokens to jointly promote ecological prosperity, rather than replace DOT or dilute its inherent value. Expressly disagree with any action that does not result in a substantial net benefit to Polkadot. Previous special interview with Gavin Wood video Please see: Related reports Get TikTok on the chain! Reddit founder joins bidding team: Polkadot promotes decentralization Polkadot founder Gavin Wood: Polkadot Satoshi coefficient is 149, the degree of decentralization is much higher than Ethereum and Solana "Polkadot founder Gavin Wood confirms that JAM protocol will not issue new tokens" This article was first published in BlockTempo's "Dynamic Trends - The Most Influential Blockchain News Media".
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Polkadot founder Gavin Wood confirmed: The JAM protocol will not issue new tokens.
Gavin Wood, founder of Polkadot, made it clear that the JAM protocol has no plans to issue new tokens, and that the enhancement plan is only to strengthen Polkadot's existing ecosystem. (Synopsis: Polkadot founder Gavin Wood's first Taiwan speech" JAM builds Web3 cloud, Ethereum is just an old product of the past) (Background supplement: Polkadot founder Gavin Wood: Polkadot Satoshi coefficient is 149, the degree of decentralization is much higher than Ethereum and Solana) Recently, there has been a lot of discussion about whether the JAM protocol will issue new tokens in the Polkadot ecosystem, which has caused widespread speculation in the community. To this end, Polkadot founder Gavin Wood personally spoke out on the Polkadot forum, clearly stating his firm position on the matter: no new tokens!. Gavin Wood's response on the Polkadot forum was straightforward, saying, "I personally do not intend to issue new tokens based on the JAM protocol." He further pointed out that even though the leadership of Parity Technologies and the Web3 Foundation has the power to make their own decisions, he personally believes that it is not a "smart move" for these organizations to issue new JAM tokens. Gavin Wood emphasized that the core value of the JAM protocol lies in being a major technology upgrade and enhancement to the Polkadot ecosystem, rather than a new project independent of existing DOT tokens. JAM was developed with the goal of improving the overall performance of the Polkadot network, such as significant improvements in processing speed and data storage capabilities, not by issuing new tokens to expand. Gavin Wood explained that any potential new token, if any, should form a "symbiotic relationship" with DOT tokens to jointly promote ecological prosperity, rather than replace DOT or dilute its inherent value. Expressly disagree with any action that does not result in a substantial net benefit to Polkadot. Previous special interview with Gavin Wood video Please see: Related reports Get TikTok on the chain! Reddit founder joins bidding team: Polkadot promotes decentralization Polkadot founder Gavin Wood: Polkadot Satoshi coefficient is 149, the degree of decentralization is much higher than Ethereum and Solana "Polkadot founder Gavin Wood confirms that JAM protocol will not issue new tokens" This article was first published in BlockTempo's "Dynamic Trends - The Most Influential Blockchain News Media".