🔥Jax.Network🌵 is anchored to the BTC blockchain that follows the JaxNet protocol issues scalable, stable, & decentralized JAX coins.⭐⭐⭐

ABOUT JAX NETWORK

The Jax network is 1st shared pow network that the introduces a novel approach for solving the scalability problem in blockchain network based on the a special rewards function sharing merged mining & decentralization values transfer ecosystem. Jax network is a blockchain project that the improve a protocol which is secure scabies decentralization & house it's own stable coin , it project aims to the make a truly global crypto that is suitable for mass adoption & day to day use ,has net blockchain network issue the world 1st decentralization & scable coin Jax .by anchoring Jax blockchain to btc can bring much needed stable & scanned to the bitcoin ecosystem. Many miners of btc blockchain have been looking for a solution as well as something that shall been improved that preaching of the btc ecosystem. Improve the btc ecosystem will ensure an increase is steady renunciation for minner. Offering people a decentralized crypto currency that is stable in value which also has the scaling capacity to handle a large number of transaction any given to go mainstream development the btc ecosystem will ensure an increase in steedy revenue for minner . people will want to transaction with Jax coin because of nomination network fees fast settled privacy & lack of third party interface.

JAX NETWORK FEATURES

Jax Network is a blockchain technology that is secure, stable, scalable, and decentralized. Jax Network uses a proof-of-work system which is a bit different compared to most of today's blockchain technologies. In this way, Jax Network can prevent the network from third-party intervention, such as government intervention, and give miners full rights to secure the network. But that's not all, there are several other features of Jax Network:

🌵Sharding: A system that will distribute accounts, transactions, and validators between shards. In this way, it is possible to verify transactions without requiring knowledge of the preceding transaction history in other shards, which makes the verification process more efficient.

🌵Universal Reward Function: Jax Network's reward system uses the PoW difficulty system, just like the Bitcoin network. In this way, it allows every miner to be able to participate in the network and get rewarded for their efforts.

🌵Equitable Merged Mining: Jax Network designed shards to be attack-free with a merged mining technique. In addition to securing the network, this technique allows a fair and flexible distribution of rewards, all participants will be rewarded fairly according to their efforts.

OVERVIEW

Jax network is the project you’ve been waiting .Jax Network is the first sharded PoW network that introduces a novel approach for solving the scalability problem in blockchain networks based on a specific reward function, sharding, merged mining, and a decentralized value transfer ecosystem.
Jax Network is a blockchain project that developed a protocol which is secure, scalable decentralized, and houses its own stable coin. This project aims to create a truly global cryptocurrency that is suitable for mass adoption and day-to-day use. Jax Net Blockchain network issues the world’s first decentralized and scalable stable coin jax.

UTILITY OF JAXNET COIN

Jax coins are coins that are mined on the shard chains of the Jax Network Blockchain. Sharding is the mechanism that allows the jax Network blockchain to scale and support a virtually limitless number of transactions at any given time. Jax coins will be mainly used for day-to-day transactions and can handle mass adoption due to the network's ability to scale.

Jax coins can only be created by burning the Bitcoin and coin base block rewards This will control the issuance rate of Jax coins so that they can be issued if and only if there is transactional demand for them.

🌵To be used as gas fees for exchange agent listing transactions and other critical transactions.
🌵To incentivize miners to defend the beacon chain that holds the shard registry.
🌵Serve as secondary saving account for the Bitcoin Network.
🌵To incentivize miners to defend the Bitcoin Network when the BTC rewards drop to Zero.
🌵To reflect the value of the global transactional payment ecosystem of jax Network.

ACCURATE INFORMATION

Website : https://jax.network/

[ANN] Jax.Network : https://bitcointalk.org/index.php?topic=5348285.msg57413656#msg57413656

Telegram : https://t.me/jax_network

Facebook : https://www.facebook.com/network.jax/

Twitter : https://twitter.com/CommunityJax

Light paper : https://jax.network/wp-content/uploads/2021/06/Jax.Network-Lightpaper.pdf

Linkedin : https://www.linkedin.com/company/jax-network/

Youtube : https://www.youtube.com/channel/UCGLFiBG4j-CzEs9TFTKk51g

MY AUTHOR

BTT username: Shwon600
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2843257
Telegram username: @Shwon600
BEP - 20 address : 0xAB9Db8FD951DB3AC1085331d1Ef2Afa7d4CC9c8f