The Blockchain Scalability Trilemma has been solved
JAX.Network blockchain is secure, decentralized and scalable possessing all three aspects to solve the Blockchain Scalability Trilemma. The development team of expert engineers and scientists are working on making blockchain suitable for global day-to-day use.
- With a robust network of miners and a carefully researched and developed reward function that encourages network security, the JAX.Network protocol can boast the same level of security as Bitcoin or Ethereum.
- JAX.Network’s sharding solution allows unlimited amount of transactions per second, rivaling that of centralized payment systems while remaining totally secure and decentralized.
- Based on a Proof of Work, JAX.Network blockchain is not subject to the same centralized issues and concerns as other so-called blockchains.
JAX.Network introduces a novel approach for solving scalability problem in blockchain network based on merged mining.
Proof of Work (PoW)
JAX.Network’s design based on PoW includes a setting convenient for weak nodes, so that they can manage their workloads.
In JAX.Network sharding gives the opportunity to balance the mining node to optimize the amount of information that a single node should process and store.
This is a crucial solution for creating a scalable blockchain network.
JAX.Network incorporates the idea of FlyClient in its design.