In a hour-long podcast interview with The Kusamarian, Wood touched on how JAM represents a step towards his “original concept” of a world computer that’s scalable enough to “compute significant amounts, like global amounts of transactive computational data.”
Wood added that based on “back of the envelope calculations,” which he cautioned should be taken with a “very, very, very large pinch of salt,” JAM could manage, “500,000 times the EVM computation performance [...] maybe into the millions.”
DeFi Navigation app comes to Polkadot
MapMetrics, a drive-to-earn navigation app which enables users to earn rewards by mapping the world, has migrated to peaq from competing blockchain Solana.
Peaq is a Polkadot-based parachain that specializes in supporting decentralized physical infrastructure networks, or DePINs. This involves using blockchain to run and maintain decentralized networks of physical hardware, including sensors, wireless infrastructure, and energy grids.
With an ever-growing number of blockchain projects, achieving interoperability and scalability between blockchains is increasingly important.
Polkadot’s solution to this challenge is ‘parachains,’ a technical approach to allowing distinct blockchains to scale and work together effectively and safely, leveraging the Polkadot network’s guarantees of security, isolation, and communication.
What are parachains?
Unlike most other blockchains such as Ethereum, Polkadot isn’t built to have much inheren...
MapMetrics has 55,000 users and devices in 177 countries, as well as a partnership with Microsoft’s Bing Maps.
The start-up said it hopes the migration away from Solana will help to promote synergies with other DePINs in the peaq ecosystem.
Polkadot joins Rug Radio at Southeast Asia Blockchain Week
PolkaPAT, co-curator of Polkado APAC and Polkadot SEA, joined Rug Radio contributor Pukerainbow at Southeast Asia Blockchain Week for a discussion on the Polkadot ecosystem in Asia.
The conversation ran the gamut of topics, including how the Polkadot community is set to vote ahead of the latest JAM Upgrade, and how a growing number of western Polkadot developers are looking towards Southeast Asia for growth and vice versa.
Acala unveils Sinai update
Acala, a parachain within the Polkadot ecosystem, has announced its Sinai Upgrade.
The upgrade will focus on multichain integration, using XCM (Cross-Consensus Messaging) and Wormhole to enable cross-chain transactions.
Users will be able to access staking, liquidity provisioning, and lending across major platforms such as Polkadot, Ethereum, and Solana.
Actor and noted crypto critic Ben McKenzie is set to make his directorial debut at SXSW London with the June premiere of his documentary, “Everyone Is Lying to You for Money,” according to a report by Deadline.
The documentary follows McKenzie—best known for roles on "The O.C." and "Gotham"—as he investigates the cryptocurrency world and interviews key figures, including during a trip to El Salvador to examine President Nayib Bukele's regime, which made Bitcoin legal tender in 2021.
“When I star...
Ethereum just lost one of its long-time institutional backers.
In a Thursday statement, algorithmic trading firm Two Prime announced it is dropping all exposure to Ethereum (ETH) and will exclusively manage and lend against Bitcoin (BTC) going forward, citing Ethereum’s unpredictable behavior, declining market momentum, and eroding institutional appeal.
Why Two Prime is Going BTC Only https://t.co/VtrQAUyGL0 pic.twitter.com/4BWVd8R7HM
— Two Prime (@Two_Prime) May 1, 2025
Two Prime didn’t say h...
Crypto asset manager 21Shares applied for an exchange-traded fund tracking the price of Sui, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
The 21Shares Sui ETF aims to broaden investors’ access to the native token of the layer-1 network designed for high-speed transactions, which has been dubbed by some as a “Solana Killer.”
The filing named Coinbase as a custodian to safeguard investors’ funds, according to the registration statement, but did not specify...