We can’t wait to see our stablecoins go live on Jax.Money and show people how a decentralized global currency backed by hashrate should work. At the same time, our tech team continues to improve our products, while the marketing team prepares to boost staking and liquidity programs.

https://medium.com/jax-network/jax-network-weekly-update-5b18c6a28192

Centralized authorities have accumulated tremendous power in their hands, which may affect communities if a single decision fires back. Therefore, the first aspirations to create a decentralized blockchain-like structure started to emerge in the early 1990s with the purpose of bringing the control back to people.

https://medium.com/jax-network/why-decentralization-matters-a70467719f9b

The modern world is based on manipulation, where the wealthy trick the poor to exchange their time for pieces of paper, which lose their purchasing value every second. We at Jax.Network want to change this paradigm by building a society where a currency is costly to print, thus making it hard to buy other people’s time.

https://medium.com/jax-network/jax-as-a-labor-currency-5bdadbc7f047

Since Bitcoin hit a new all-time high back in November 2021, security hacks and thefts have drastically increased. With the total market capitalization sitting around $1.26 trillion at the moment of writing, crypto funds can’t help but lure all types of malicious actors. Thus, we would like to remind everyone of the basic security measures for keeping your money safe.

https://medium.com/jax-network/security-in-web3-how-to-keep-crypto-safe-75b51506b61e

The cryptocurrency market has had rough times lately following the BTC drop and UST depeg. Our Chief Economist, Lucas Leger, shares his thoughts on the situation and a few lessons we can extract from it in the article below.

https://thecryptobasic.com/2022/05/25/terra-luna-meltdown-lessons-for-the-future-of-stablecoins/

Almost all our products are on the finish line, with several tests of bridges still going. Since the last update, we nearly doubled the number of JAX and got them ready for being added to DEXs. More importantly, the UBI program is about to go live, meaning a rapid increase in awareness and interest in our project.

https://medium.com/jax-network/jax-network-weekly-update-cd1311bced98

We are glad to announce the beginning of a new era, with JAX stablecoins as the universal quantification of economic value. Jax.Money has been launched along with its main products - WJAX, JAXUD, and JAXRE. It means that our community can not only enjoy all the perks of an energy-standard monetary system but also receive a lifetime income in the form of UBI with no strings attached!

https://medium.com/jax-network/jax-money-is-initialized-feel-free-to-enroll-for-ubi-d47b35705038

In the twenty-first century, income inequality between rich and poor has become as large as never before. To address this problem, some initiatives had been introduced, however, they could cover only a limited number of people. We created JaxCorp DAO with an ambition to bring a global UBI program to every citizen of the world with the help of blockchain technology.

https://medium.com/jax-network/how-ubi-can-make-everyones-life-better-90ac00b628a6

Bridges allow users to interact with data sets on different networks. We offer our WJXN coins for sale on PancakeSwap and Uniswap in the form of BEP-20 and ERC-20 tokens. For the convenience of our users, we are launching a bridge for transferring WJXN from the Ethereum network to the Binance Smart Chain and vice versa.

https://medium.com/jax-network/the-wjxn-bridge-from-ethereum-to-bsc-is-live-30124cd5ba2d

The summer has started with several major launches, including but not limited to Jax.Money and JaxCorp DAO. The UBI campaign is gaining momentum, with over 645 WJAX distributed so far. We expect this number to grow exponentially in the coming weeks, as our marketing campaign kicks off.

https://medium.com/jax-network/jax-network-weekly-update-8bd19e466e50

The Jax.Network blockchain houses two native digital currencies, JAX and JXN. With the development of our DeFi products on Layer 2, more coins appeared on the horizon. Let’s have a brief overview of all coins and their role in our ecosystem.

https://medium.com/jax-network/the-ecosystem-of-jax-network-coins-2dddd9087c03

Money is a social construct that is widely accepted as payment for goods and services provided. Thus, it should represent the amount of work put into earning these colorful banknotes. But what happens when it’s being printed out of nothing?

https://medium.com/jax-network/why-its-important-to-get-paid-in-jax-174700b6b725

Things have come up together pretty well since the launch of Jax.Money and the UBI campaign, with more people joining our community and showing keen interest in our project. A lot of efforts have been put into increasing the awareness of our digital coins, including a wallet press release, logo update on the Trust wallet, and blockchain scan listings.

https://medium.com/jax-network/jax-network-weekly-update-1d8151ee227d

The marketing team is in the spotlight as our tech team continues to work on critical blockchain improvements. This week we saw a spike in interest regarding our UBI program and an increase in our total social media capital to 46,700 followers.

https://medium.com/jax-network/jax-network-weekly-updates-f58586a644e

In contrast to popular PoS solutions, Jax.Network is based on Proof-of-Work sharding. This approach allows us to build a truly modular design, where shard chains can work in parallel without negative impact on each other.

https://medium.com/jax-network/chain-independence-in-jax-network-2aff8f169258

We continue working on enhancing our blockchain ecosystem both internally and externally. A lot of focus has been put into building up brand awareness this week. We are also happy to point out that the number of UBI beneficiaries almost doubled within the past 7 days.

https://medium.com/jax-network/jax-network-weekly-update-9418927ce891

Jax.Network is proud to announce a merge-mining partnership with Syscoin with the purpose of growing the Bitcoin ecosystem together. Such a partnership should propel the wider adoption of merge-mining, as it is “green” mining that simply reuses the energy already spent on mining Bitcoin.

https://www.globenewswire.com/news-release/2022/07/12/2478344/0/en/Jax-Network-unites-with-Syscoin-in-a-merge-mining-partnership.html

Money lies at the core of human development, as it stimulates economic growth and innovation. With an effective form of money that keeps inflation in check and which is prone to manipulation, our civilization can unleash its full potential. The energy standard seems to be a perfect replacement for the failed fiat system. Read the article to learn why.

https://medium.com/jax-network/introduction-to-the-energy-standard-5487e7481c49

This week we have shifted our focus to the future Mining Disrupt conference in Miami, USA. We have prepared tons of interesting materials and activities for the attendees. Apart from that, we continued to improve our products and build up brand awareness.

https://medium.com/jax-network/jax-network-weekly-update-104530c63b6d

Blockchain technology along with cryptocurrency as its main use case was created as a protest against the existing monetary system governed by central banks and political elites. The latter have criticized and tried to ban the tech quite many times. Having faced strong resistance, they came up with a plan B — CBDCs. Let’s find out what it is and why it isn’t superior to traditional fiat currencies.

https://medium.com/jax-network/cbdc-vs-jax-backed-localized-derivatives-8cc7539101e5