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In order to understand how money functions, we will need to take a quick look at the history of money and its development over the centuries. We will also analyze two kinds of currencies, a gold standard currency and a hashrate standard currency, and provide a comprehensive comparative table at the end of the article.

https://medium.com/jax-network/the-difference-between-a-hashrate-standard-currency-and-a-gold-standard-currency-54fae31c2948
πŸ”ΈJAX has high salability across time, scale, and space, making it suitable as a universal store of value. πŸ”Έ
This weekend, you have a chance to listen to our CIO Taras Emelyanenko at Money of the Future. The conference will take place in Vinnytsia, Ukraine, and gather well-known global and local experts, who will discuss the latest trends in the financial and cryptocurrency spheres. Learn more here https://money-future.org
Today is Wednesday! It means that the sixth burning ceremony should have been conducted. However, as our 30-day moving average is slightly below $1, we won’t burn any tokens today. Let’s buy out the dip and help the price to recover until the next burning ceremony!
πŸ”ΉIf there is no new demand for JAX coins, miners have no incentive to mint them. πŸ”Ή
​​We are happy to welcome Dr. W. Scott Stornetta to Jax.Network as an advisor. It’s an honor for us to have a blockchain co-inventor on our side. His vast experience and deep knowledge of blockchain will come in handy on our way to the top. With Dr. Stornetta’s guidance, we should be able to avoid costly mistakes in our journey towards transforming today’s organizational and financial systems, harnessing the power of his creation. Special thanks to Bitcoinist and NewsBTC for featuring this news.
The JaxNet protocol controls the process of mining JAX coins and JXN coins alongside mining Bitcoin. πŸ’―πŸ’―
A hash function is a parameter that determines what hardware is more efficient for mining. This parameter has a direct effect on who can become a long-term validator in a particular network. Read the article to learn what mining hash algorithm we recommend for merge-mining Bitcoin with our network.

https://medium.com/jax-network/what-mining-hash-algorithm-to-choose-dd966af6cefe
JXN coins can be seen as the value of the entire network; the more transactions on the network, the higher JXN convenience yield. πŸ“ˆπŸ“ˆ
πŸ›‘ JAX vs. Stablecoins πŸ›‘

Stablecoins have played a vital role in volatile cryptocurrency markets, helping investors and traders minimize losses.

βœ… JAX is one of the native tokens of the Jax.Network blockchain ecosystem. It performs the same function as stablecoins but in an entirely different way.

https://www.cryptopolitan.com/jax-vs-stablecoins-comparative-analysis/
Jax.Network seeks to rival the throughput of Mastercard, Visa, and other centralized payment platforms. πŸ’«
πŸ”ΈCreators of the JaxNet protocol seek to generate universal standard coins that will be used to quantify value.πŸ”Έ
Traditionally, we carry out burning ceremonies every Wednesday. However, there won’t be any token burning today, as the 30-day moving average on the DEXs is around $0.9. Under such conditions, there is no need to burn any tokens. The price should bounce back to the previous highs following the launch of our MainNet coming in the next couple of days!
πŸ”Ή JAX is a stablecoin whose value remains the same irrespective of the economic situation or geographics. πŸ”Ή
2025/07/01 23:26:54
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