Polkadot Strategy Shift - Polkadot is shifting its focus from scaling to reshaping security, identity, and capital efficiency for Web3 needs [1] - The network aims to create a lean, resilient system ready for future Web3 demands [1] Security & Validation - Polkadot plans to reduce its annual security spend from $500 million to $90 million [1] - Polkadot is transitioning towards a Proof-of-Personhood (PoP) + Individuality model, moving away from NPoS [2] - Validators will face higher standards, including KYC and interviews, with fixed fiat rewards around $5,000 per month [3] - Bad validators and their voters can be slashed, with strong anti-sybil protections [3] Technology & Development - "Web3 Outposts" are being developed in Lisbon, Berlin, and Malta to bridge blockchain and real-world collaboration [3] - A native stablecoin is proposed, aiming for capital efficiency, decentralization, scalability, and inclusivity [3] - zkJAM framework is being built using STARKs, starting with storage proofs [3] - JAM specs are documented in a Gray Paper, with governance moving to an editorial board [5]