gavin

According to Reuters, the U.S. Department of Defense has announced the appointment of computer scientist Gavin Kliger as Chief Data Officer, who assisted billionaire Musk in pushing for reforms in the U.S. government last year.Gavin Kliger's new role "places him at the heart of the department's most ambitious artificial intelligence efforts," primarily responsible for "the daily coordination and execution of the department's AI projects, and working directly with the U.S. leading AI laboratories to support operational personnel."

According to Cointelegraph, the smartphone-based decentralized privacy computing project Acurast has completed a $11 million funding round, with participation from Ethereum co-founder and Polkadot founder Gavin Wood, MN Capital founder Michael Van The Poppe, and GlueNet founder Ogle.The project plans to launch its mainnet on November 17 and simultaneously release its native token ACU. It claims to achieve tamper-proof execution and secure hardware verification on consumer-grade smartphones.

ChainCatcher news, according to official news from PolkaWorld, the Polkadot native stablecoin PUSD proposed by Gavin Wood has entered the proposal discussion stage.It is reported that her basic idea is that block producers' rewards do not have to be distributed in the highly volatile DOT, but can be issued in stablecoins. Therefore, the Polkadot protocol itself (most likely on the Asset Hub) will issue a new stablecoin named PUSD, which will only be collateralized by DOT. The mechanism is similar to the HOLLAR stablecoin, where users can borrow PUSD by collateralizing DOT.However, the community believes that if this stablecoin scales up significantly, it could trigger correlation risks. For example, a drop in DOT prices could trigger liquidations, and liquidations mean that DOT in the treasury must be sold.

ChainCatcher news, according to Decrypt, California Governor Gavin Newsom has announced in his latest satirical move that he will launch his own meme coin "Trump Corruption Coin" in response to Trump's earlier release of "Trump Coin" (Official Trump).Previously, he revealed that the token would be used to fund his democratic campaign and redistricting efforts, with proceeds going to support grassroots organizing. Newsom mentioned in a podcast that he would challenge Trump's cryptocurrency project by issuing a meme coin and stated that "Trump Corruption Coin" might perform better than Trump's coin.

ChainCatcher news, Polkadot founder Gavin Wood stated in a recent interview that collaboration among Ethereum, Solana, and Polkadot is difficult and faces significant resistance, but it is not insurmountable. This is because the market has turned technical issues into a model similar to a "football league," making collaboration fundamentally impossible. If the "network" itself and the "tokens" are completely separated, it would allow all tokens to circulate and be used on the network, each retaining its identity and token economic model, while also enabling interoperability through floating exchange rates like foreign exchange.

ChainCatcher news, Polkadot founder Gavin Wood responded on the Polkadot forum regarding the issuance of the JAM Token. He stated: "I personally do not intend to issue a new token based on the JAM protocol, nor do I think it would be wise for Parity and the Web3 Foundation to issue such a token; of course, the leadership of these organizations can decide for themselves. I generally oppose actions that I believe do not bring actual net benefits to Polkadot, but I will continue to explore ideas that may bring long-term value to Polkadot. Sometimes this involves new tokens, but these tokens are usually symbiotic with DOT rather than replacing it."

ChainCatcher news, Polkadot founder Gavin Wood tweeted that the "Initial Jam Specification: A Proposal for the Future of Polkadot" has been released in the gray paper.Jam stands for Join-Accumulate Machine, which is a semi-consistent, scalable, trustless virtual machine that combines elements of Polkadot and Ethereum protocols. It provides a global single-instance permissionless object environment similar to the Ethereum smart contract environment, along with parallel secure sideband computing on a scalable node network. The overall service model is primarily driven by Polkadot's underlying architecture.Jam allows anyone to deploy code as a service on it and charges corresponding fees based on the resources used by the code, or a CoreChains service compatible with Polkadot will be launched.

ChainCatcher message, Gavin Wood and Joe Petrowski from the Web3 Foundation initiated RFC-32, proposing to migrate the logic of multiple subsystems from the relay chain to "system parachains." These "system chains" will form the entire Polkadot network alongside the relay chain. If the state transitions of the relay chain can occur on the parachains, it will free up some resources; the portion of validator resources originally used for relay chain state transitions can be repurposed, thus providing more core time for the network, i.e., more block space. It is reported that the identity, staking, and governance systems will be the first to migrate to the system parachains.

ChainCatcher news, according to CoinDesk, the layer 1 network Vara Network, developed in collaboration with the Gear Foundation and supported by Polkadot founder Gavin Wood, has launched its mainnet.Vara Network stated that it utilizes concepts such as the Actor model and persistent memory to enhance speed and reduce latency, introducing parallel processing and separate memory space for smart contracts, providing support for development in areas such as gaming and finance.

ChainCatcher news, Gavin Wood stated at the Polkadot Decoded conference that Polkadot may cancel parachain auctions and shift to an application-centric model. He proposed a new perspective on Polkadot: no longer limited to the original parachains and relay chains, but focusing on the more fundamental resources required by blockchains—core computing (cores), viewing Polkadot as a multi-core computer. The time on these cores is referred to as "Core Time," which can be sold periodically.Gavin explained that Polkadot's goal is not just about chains, but about space, about the underlying resources required by chains. He emphasized that Polkadot is a platform for builders to create applications and for users to use applications. Essentially, it is not a platform for hosting blockchains. Chains are just one of the ways to make Polkadot useful, but they may not be the only way. Overall, Polkadot is a resilient, versatile, continuous computing provider. (source link)