The world of Decentralized & Scalable with the advent of JAX.Network currency

As you know, the world of digital currencies has grown dramatically since the advent of bitcoin and has become an important part of our world today. A world where blockchain and its technologies are very important to us. Digital currencies are well-presented to investors and have countless capabilities, but among these features, there are two problems in the world of digital currencies:

• 1: lack of stability
• 2: reduced throughput these currencies can be offered and the value of these tokens offered in the market is not easily predictable.

You may be wondering what is the solution to these two problems? Has JAX.NETWORK has been able to resolve these issues? In the continuation of this article, we will review these issues and I will introduce you to the great and successful JAX.NETWORK project.

JAX.NETWORK started its activity in the world of digital currencies in 2018, and during this time, it was able to achieve its goals and become one of the most successful projects in this big world. But what is the goal of JAX.NETWORK?

JAX.NETWORK has, in fact, used the problems of other digital currencies as its driving force.

• 1: lack of stability
• 2: reduced throughput currencies

It has become a source of inspiration for the JAX project. If these two problems are solved by the JAX project, the blockchain network could become the first and best payment system in the world between people and organizations, and even banks. As the first sharded PoW network, the company was able to create a specific goal for itself and solve the following Performance:

• scalability problem in blockchain networks (based on a specific reward function)
• a decentralized value transfer ecosystem
• sharding
• Mining

With these features, miners and users can easily experience security and safely experience a high-value coin with a stable price.

Under which network was this project created?

The JAX.NETWORK project is based on the blockchain network and has a good position in the world of digital currencies by having security and scalable decentralized as well as being decentralized, and is a leader in creating stable coins in the world of digital currencies. These coins have been introduced to the world by JAX.NETWORK, and we will examine their unique features in the following.

JAX.Network coins with special and different features

You may be interested to know that JAX.NETWORK has two different new coins. The first coin called JAXNET is extracted from the JAX.NETWORK blockchain is done in a coordinated and timely manner with the beacon blockchain adding a new parallel chain to the network. We need more than 10 minutes to mine each block of JAXNET coin and the reward is 20 JAXNET coins. As a result, the beacon chain will be very similar to bitcoin.

These features create a good relationship between miners and users. These coins are made according to the total value of JAX.NETWORK and this feature clearly show its importance in the JAX.NETWORK project.

JAX COINS The second coin with a relatively stable price

Unlike the JAXNET coin (which was priced based on the value of JAX.NETWORK), this coin creates a relatively stable price for users. These coins are created with Bitcoin and JAXNET coin base block rewards and their extraction is done through merge-mining. Miners with each block of the JAX.NETWORK mine get a lot of rewards in the form of Jax coins and this reward is created to encourage Miners. These coins are mined only if requested, and when the price of this coin is high, Miners can increase their hash rate and minting more coins, all of these factors create a stable price for Jax coins.

Road map

Before concluding this project, I ask you to visit the official JAX.NETWORK website to learn about the company's roadmap and the features it is supposed to access. or look at the goals that JAX.NETWORK has achieved. This will give you a better understanding of this great project.

Conclusions from the JAX.NETWORK project

This project with its own features as well as creating tokens with unique and different capabilities in the network can maintain a good position in the world of digital currencies. Having such a safe and secure network with low mining fees and fast scalability is another of the several strengths of this project. You can see more information about JAX.NETWORK and its social networks are below.

More information at:

website: https://jax.network/
[ANN]Jax.Network : [ANN]Jax.Network
Light paper: Light paper
Telegram official channel: Telegram
Facebook: Facebook
Twitter:Twitter
Linkedin:Linkedin
Youtube:Youtube

This article was written and published by mr_ROBOTT

BSC Wallet Adresse: 0x57665Ea3a2053fa7f851590294324942A8d21Acb

telegram username: @mitra7956
Authentication Post: Authentication Post