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The Web3 Foundation has announced the opening of applications for the JAM Implementer Trophy competition, with a total prize pool of 10 million DOT

The Web3 Foundation has announced the opening of applications for the JAM Implementer Trophy competition, with a total prize pool of 10 million DOT. This competition aims to promote the development of the Join-Accumulate Machine (JAM) protocol, with the goal of enabling multiple implementations of JAM and strengthening the Polkadot ecosystem. It is reported that JAM is a minimalist blockchain protocol designed to enhance data management and interoperability within the network. It will ensure that Polkadot continues to provide the leading standard in the security, flexibility, and scalability of the blockchain space.