INTRODUCE TO JAX NETWORK | JAX

The development of the crypto world is getting faster and faster with crypto making it easier for us to make transactions. But have you ever thought that crypto payments are safe? Security in storing your money in crypto must be really safe because maybe we will store it in very large amounts .Therefore you must be careful in choosing a safe wallet and don't forget to choose a token that is profitable for you now and in the futures.

INTRODUCE TO JAX NETWORK

JAX NETWORK is a blockchain that was established in 2018 which has very good credibility including, secure, scalable decentralized, and houses its own stable coin. This projeck aims to create a trully global cryptocurrency that is suitable for mass adoption and day to day use. JAX Network Blockchain network issues the worlds first decentralized and scalable stable coin JAX.

Jax Network is that the initial sharded captive network that introduces a unique approach for resolution the quantifiability drawback in blockchain networks supported a particular reward operate, sharding, united mining, and a decentralized worth transfer scheme.

SECURE

JAX Network has the same high security as Bitcoin because they use a system that is almost the same as Bitcoin so you can be sure that JAX Network is well protected.

SCALABLE

JAX Network is able to match payments on a large scale every second such as VISA or MASTERCARD payment systems simultaneously, with this capability you can make transactions without interruption and smoothly.

DECENTRALIZED

Based on Proof-of-Work, Jax Network uses a fair pooled mining solution and is not subject to common concerns about centralization.

JAX COIN REWARD

JAX Network has developed it's own reward perform that compensates miner in proportion to the hash power they contribute to the network. only 100 units of hash power can yield JAX coins. This perform only exists on the shards chains of the JAX Networks blockchain and is that the main issue that maintains the JAX coins stable price.

FEATURES OF JAX NETWORK
The following are some of the features that you will get if you use JAX Network.

SHARDING
Jax Network uses pure state sharding. It means accounts, transactions, and validators square measure distributed between shards in order that verification of a precise dealing doesn't need any data of the preceding dealing history in alternative shards.
MERGED MINING
JAX Network protocol is predicated on the unified mining technique to secure shards from shard-over attack . It's mining reward system is versatile and balanced. Hence, each participant is rewarded proportionately for his effort in maintaining the network.
DECENTRALIZED TRANSFER ECOSYSTEM
In Jax Network, a sturdy transfers system following a redistributed exchange protocol facilitate cross shard transactions.
UNIVERSAL REWARD FUNCTION
Jax Network block reward is predicated on prisoner problem and thence the expectation of every JAX coin is mathematically equal across the Universe.

CONCLUSION

From the many features that I have presented above, I think JAX Network is a project that really respects the convenience of its users and also provides many benefits that we can get. Hopefully in the future JAX Network will add more features that can benefit us all. If you want to download JAX wallet you can download it here : https://peacewallet.io/

MORE INFO ABOUT JAX NETWORK
Website : https://jax.network/
Telegram : https://t.me/jax_network
Medium : https://medium.com/jax-network
Twitter :https://twitter.com/CommunityJax
Linkedin :https://www.linkedin.com/company/jax-network/
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