Thanks to its sharding solution, Jax.Network can process transactions at par with Visa or Mastercard. ✅✅

Our community has gained great international support during the last few months. We couldn’t help but notice that the number of our supporters from Iran and Indonesia has been growing at an impressive pace! Get the latest news about our project and enjoy the pleasure of communication in the official Jax.Network chats!

🇮🇩Jax.Network Indonesia: https://www.tg-me.com/jaxnetwork_ID
🇮🇷Jax.Network Iran: https://www.tg-me.com/jaxnetworkIR
🇻🇳Jax.Network Vietnam: https://www.tg-me.com/jaxnetworkVN
🇵🇭Jax.Network Philippines: https://www.tg-me.com/jax_chat_ph

Jax.Network is optimised so that the transaction fees can be minimised.

We continue to add new Telegram chats for our increasing number of supporters from all parts of the world. Please, join our new communities!

🇮🇩Jax.Network Indonesia: https://www.tg-me.com/jaxnetwork_ID
🇮🇷Jax.Network Iran: https://www.tg-me.com/jaxnetworkIR
🇯🇵Jax.Network Japan: https://www.tg-me.com/jaxnetworkJP
🇵🇭Jax.Network Philippines: https://www.tg-me.com/jaxnetworkPH
🇹🇷Jax.Network Turkey: https://www.tg-me.com/jaxnetwork_TR
🇻🇳Jax.Network Vietnam: https://www.tg-me.com/jaxnetworkVN

🔹 Jax.Network allows transaction validators within the network to expect rewarding payoffs and have the possibility to adjust their hashrates according to what they anticipate to earn. 🔹

Our 30-day moving average on DEXs has slightly recovered over the last 7-day period but it is still not enough for us to conduct the burning ceremony. Therefore, we won’t burn any WJXN tokens today.

Jax.Network utilizes public identifiers while recording transactions, ensuring that transactions are private and pseudonymous. 🛡🛡

Jax.Network is the best global eCommerce payments processor due to its fast and decentralized protocol. 💫💫

The Jax.Network blockchain houses two native digital currencies - JAX, a stablecoin, and JXN, an asset coin. Let’s find out how JXN coins can be used and how you can profit from them.

https://medium.com/jax-network/what-is-the-role-of-jxn-coins-c3a27c822af0

Jax.Network has positioned the electronic cash ecosystem for high scalability. 📈📈

🔹Jax.Network adopts merged mining which enables higher scalability than other blockchain-based payment processors.🔹

Progress is inevitable. The evolution of the way we trade and exchange will certainly influence our daily lives. How can we change the way we live and help our society to grow? By introducing a new form of a unit of value, which is based on the hashrate power. Let’s analyze the pros and cons of such a cryptocurrency and find out whether it has any chance to survive in today’s world.

https://medium.com/jax-network/the-demerits-of-a-hashrate-standard-currency-and-how-to-overcome-them-7c0c008d9021

​​As of October 12, 2021, we have conducted 5 burning ceremonies over the course of the public sale, removing 2.5 mil tokens from the OpEx wallet out of circulation. This implies a 2.5/40=6.25% cut from the Team and Ecosystem growth wallets. Hence, the new premine should be 36,670,676 tokens. However, due to some delays in launching the MainNet and in order to take into account price movements and a burning ceremony that should take place on October 13, 2021, we have burnt 670,676 tokens and rounded the premine to just 36 mil.

Thus, we burnt an extra 670,676 from the Ecosystem growth, OpEx and Team wallets. We also move 150,000 tokens from the Team and Ecosystem wallets to the advisor pool (94500 and 55500 tokens respectively), so as to keep the Team proportion to 9.45% of the total premine, as well as to help us onboard more advisors in the future. These numbers are final, as they are integrated into the genesis block. This means that no more burning ceremonies will take place. The new premine is as follow:

🔸Jax.Network uses sharding to improve the scalability of the network.🔸

We are glad to inform you that we successfully finished the process of WJXN token burning and there will be no ceremonies from now on. Read the article to learn how many tokens were burnt and the final premine distribution in our tokenomics.

https://medium.com/jax-network/results-of-wjxn-burning-ceremonies-917834541218

🔹 The merged mining process on Jax.Network does not lead to centralization because it leverages a unique Merkle tree.🔹

🔹Miners on the shard chains are rewarded with new JAX coins based on their computing power inputted in maintaining the network.🔹

A partial reward system deters selfish mining and miners seeking rewards through harmful conduct on the Jax.Network blockchain. 🛡

The blockchain industry is very young but it already has its own history, major achievements, and furious debates. The most famous among them is the argument between PoW and PoS proponents. Read the article to find out at what side of the debate Jax.Network is and why.

https://medium.com/jax-network/why-pow-networks-will-win-over-pos-in-the-long-run-a4fffb1bc115

Jax.Netwok conducts many transactions with low processing delays due to a high block creation rate while keeping all shards equal in value. 🙌