Closing Keynote Day 1
summary
Snapshot of current state: JAM protocol at 0.9 with audit starting and an SDK plus coreVM demo running on a 6‑node JAM (video frame generator, service messaging, transaction hooks) that works with ~6–12s latency. Concrete measurements claim ZK proving is roughly 10–100x more expensive than elves, a single GPU proof costs ≈$118 for one JAM core slot and extrapolates to ~$9.5M/year per core; Polka Dot security currently costs ≈$500M/year with proposals to cut it below $100M via fiscal reforms, proof‑of‑personhood, core disabling and a native stablecoin.
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chapters (19)
- 0:00Talk introduction
- 1:34JAM protocol update
- 4:23JAM governance
- 9:01ZK scaling viability
- 13:31Security mechanisms
- 16:56ZK costs and challenges
- 20:18ZK JAM modeling
- 25:33ZK strategy roadmap
- 30:03ZK only JAM
- 32:31Fiscal discipline
- 38:13Reducing security costs
- 45:04Anti-sybil mechanisms
- 49:16Privacy and finance
- 53:48Individuality proof
- 58:55Web3 oracle service
- 1:00:13Web3 outposts
- 1:05:20Web3 stablecoin
- 1:06:53JAM demo
- 1:22:15Q&A and closing
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