A Scalable, Decentralized and Secure Blockchain

Jax.Network is a blockchain platform that follows the JaxNet protocol and issues the decentralized, scalable, secure and stable “JAX” coin. Our goal is to establish “JAX” as a universal standard for quantification of economic value.

Overview of JaxNet Protocol
by Iurii Shyshiatskyi
Economics of Jax.Network
by Lucas Leger
Our Philosophy
by Vinod Manoharan
CORE TEAM
VINOD MANOHARAN
FOUNDER AND CEO
Vinod Manoharan is an Indian tech entrepreneur and since 2013 has founded a number of licensed gaming companies in India with $10M+ yearly revenues. In 2018, Manoharan moved to Ukraine and founded Jax.Network to solve the infamous Blockchain Scalability Trilemma and bring forth a decentralized, secure and scalable stable coin.
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IURII SHYSHATSKYI
Chief Scientist
Iurii Shyshatskiy previously worked for Samsung R&D Institute, after attending Northwestern University, USA. Iurii Shyshatskyi also has a Master’s Degree in Mathematics from the Taras Shevchenko National University, Kyiv. He is responsible for Jax.Network’s software architecture,and documentation, as well as being a major contributor to the Jax.Network white paper.
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TARAS EMELYANENKO
CTO
Tech guru and strong proponent of P2P technologies, with over 15 years of experience in software development, Taras Emelyanenko had previously worked in Bitcoinstore, Loyyal, and IOHK (Cardano). Taras Emelyanenko also regularly contributed to the Localbitcoin, Blockchain.info, Bitcoin.com (mining pool and wallet) projects. He is also a frequent speaker at blockchain and fintech conferences, where his deep knowledge of the topic is highly sought after.
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LUCAS LEGER
Chief Economist
A Ph.D. candidate at Le CNAM-PARIS in cryptoeconomics, Lucas Leger worked on applying microeconomic analysis to blockchain-based networks. He has worked extensively on data privacy and data ownership. Leger is looking to bring his vast knowledge regarding cryptoeconomics to improve the Jax.Network protocol.
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KEY ASSPECTS
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.
Secure
Scalable
Decentralized
TECHNOLOGY
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`s block reward is based on PoW difficulty and hence the expected value of each JAX coin is mathematically equal across the Universe.
Sharding
Sharding in Jax.Network uses pure state sharding. This 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.
Equitable Merged Mining
Jax.Network mining reward system is flexible and balanced in terms that every participant is rewarded proportional to his effort in maintaining the network.
Decentralized Transfer Ecosystem
In Jax.Network, a robust transfer ecosystem following a decentralized exchange protocol facilitates cross-shard transactions.
OUR ROADMAP
Q3 2018

Conceptualization of the protocol and start of research

Q2 2020

Release of Academic paper

Q2 2021

Launch of TestNet

Q3 2021

Exchange of ERC20 to native JAXNET coins

Q1 2020

Finalization of Jax.Network v1.0
Start of Development of Proof of Concept

Q4 2020

Release of Proof of Concept
Launch of the IEO

Q3 2021

Launch of MainNet

Q3 2018

Conceptualization of the protocol and start of research

Q2 2020

Release of Academic paper

Q2 2021

Launch of TestNet

Q3 2021

Exchange of ERC20 to native JAXNET coins

Q1 2020

Finalization of Jax.Network v1.0
Start of Development of Proof of Concept

Q4 2020

Release of Proof of Concept
Launch of the IEO

Q3 2021

Launch of MainNet

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