Jax.Network

Jax.Network

Created using Figma
Created using Figma
Jax.Network is anchored to the BTC blockchain that follows the JaxNet protocol and issues scalable, stable, and decentralized JAX coins.
Aug 4, 2021
Nov 30, 2021
100% completed
$3 200 000
100% goal completed
past
Token Details
Ticker
WJXN
Company Details
Registered Country
Ukraine
Additional Details
Categories
Platform

About Jax.Network

Jax.Network is anchored to the BTC blockchain that follows the JaxNet protocol and issues scalable, stable, and decentralized JAX coins. We aim at making these coins a universal standard for the quantification of economic value.   Secure With a robust mining and value transfer ecosystem, and a universal reward function that encourages network security, the JAX.Network protocol can boast the same level of security as Bitcoin or Ethereum.

Scalable JAX.Network’s sharding solution allows an unlimited amount of transactions per second, rivaling that of centralized payment systems like Visa or Mastercard while remaining totally secure and decentralized.

Decentralized Based on Proof Of Work, Jax.Network employs an equitable merged mining solution and is not subject to general concerns of centralization.   A novel approach for solving the blockchain scalability problem   We based Jax.Network on a universal reward function, sharding, an equitable merged mining solution and a decentralized value transfer ecosystem. Universal Reward Function Jax.Network block reward is based on PoW difficulty and hence the expected value of each JAX coin is mathematically equal across the Universe. Equitable Merged Mining Our JaxNet protocol is based on the merged mining technique to secure shards from shard-over attacks. Its mining reward system is flexible and balanced. Hence, every participant is rewarded proportionally to his effort in maintaining the network. Sharding Jax.Network uses pure state sharding. It means that accounts, transactions and validators are distributed between shards, so that verification of a certain transaction doesn’t require any knowledge of the preceding transaction history in other shards. Decentralized Transfer Ecosystem In Jax.Network, a robust transfer ecosystem following a decentralized exchange protocol facilitates cross-shard transactions.   One Blockchain,
Two Coins JAX coin

The cryptocurrency created on top of Jax.Network shard chains is called JAX (JAX). It’s a unit of economic value based on the cost of computing power that can be used as a stable payment method for day-to-day transactions.

JXN coin

The cryptocurrency issued on top of the beacon chain of our Jax.Network blockchain is called JAXNET (JXN). It has a fixed reward per block and can be used for speculative purposes and as a store of value.

Jax.Network Roadmap

  • Q3 2018

  • Conceptualizing the protocol. Start of the research
  • Q1 2020

  • Finalization of Jax.Network v1.0
    Start of Development of Proof of Concept
  • Q2 2020

  • Release of Academic paper
  • Q4 2020

  • Release of Proof of Concept
    Raising investments
  • Read More
  • Q2 2021

  • Launch of TestNet
  • Q3 2021

  • Exchange of ERC20 to native JAXNET coins
  • Q3 2021

  • Launch of MainNet

Activity

Activity:
20
VERY LOW
Merit:
0
VERY LOW
Posts:
13
VERY LOW
Views:
1 182
LOW
Users:
96
LOW
Followers:
10 193
VERY HIGH
Tweets:
512
VERY HIGH
30 Days Growth:
-61
Members:
1 046
LOW
30 Days Growth:
-41

Jax.Network Team

Verified 75%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$3 355 000

Vinod Manoharan
FOUNDER AND CEO
verified
Iurii Shyshatskyi
CHIEF SCIENTIST
verified
Taras Emelyanenko
CTO
verified
Lucas Leger
CHIEF ECONOMIST
unverified

Jax.Network Interviews

VINOD MANOHARAN
As a team member, сan you tell us about your role in the ICO project?
I am the founder of Jax.Network. My core expertise lies in network security and we resolved to solve the scalability and stability problems that plague Bitcoin.
What do you think about idea?
Jax.Network is Bitcoin 2.0 and introduces a truly decentralized scalable stablecoin that's merge-mined with Bitcoin.
IURII SHYSHATSKYI
As a team member, сan you tell us about your role in the ICO project?
I'm responsible for Jax.Network’s protocol architecture and documentation, as well as being a major contributor to the Jax.Network white paper.
What do you think about idea?
I think we have brought a major milestone for the blockchain ecosystem and people in the industry we like the elegance of our solution.
TARAS EMELYANENKO
As a team member, сan you tell us about your role in the ICO project?
I am CTO of this project and it is my responsibility to make everything work perfectly from the technical point of view.
What do you think about idea?
This is a fundamental cryptocurrency project that
will change the financial world.
And it will definitely make the world a bit better.
$ 0.5321
3.86%
Crypto Stats
Daily, %:
3.86%
Weekly, %:
10.81%
Monthly, %:
-35.83%
Market Info
Market Cap:
Volume 24h:
$ 96.687 K
Circ. Supply:
Ticker:
WJXN
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