How Jumbo Blockchain Is Redefining Asset Ownership with NFTs
Jumbo Blockchain's Innovative Approach to Redefining Asset Ownership
Introduction
Jumbo Blockchain is a new generation project in the web3 world that solves the blockchain trilemma such as scalability, security, and sustainability. This blockchain aligns with UN SDG goals and is positioned to provide enhanced efficiency, sustainability, and scale for enterprises and developers using patented solutions and salient features.
What is Jumbo Blockchain?
Jumbo Blockchain is an enhanced Layer 1 Blockchain solution that aims at addressing the typical issues of conventional blockchains, including increased energy consumption and low scalability. This is done with the help of a Proof of Nexus (PoN) consensus algorithm, a high transaction rate, less than 300ms block finality time and up to 30 times lower operational costs.
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