The World’s First Scalable, Decentralised and Secure Stable Coin

JAX.Network blockchain is secure, decentralised and scalable, hence possessing all three aspects to solve the Blockchain Scalability Trilemma. Our goal is to establish “Jax” as a universal standard for quantification of economic value.

Tghe World’s First Decentralised

by Vinod Manoharan

Tghe World’s First Decentralised

by Vinod Manoharan

Tghe World’s First Decentralised

by Vinod Manoharan

Tghe World’s First Decentralised

by Vinod Manoharan

Tghe World’s First Decentralised

by Vinod Manoharan

CORE TEAM

VINOD MANOHARAN

FOUNDER

Tech entrepreneur, since 2013 the founder of a few licensed gaming companies in India with $10M+ yearly revenues. In 2018, Mr. Manoharan moved to Ukraine and founded JAX.Network to solve the infamous Blockchain Scalability Trilemma.

IURII SHYSHATSKYI

CHIEF SCIENTIFIC OFFICER

Graduated from Northwestern University, USA. Has a master degree in Mathematics, Taras Shevchenko National University, Kyiv. Previously worked for Samsung Electronics. Iurii makes JAX.Network’s software architecture and documentation consistent and numbers match each other.

TARAS EMELYANENKO

CHIEF TECHNOLOGY OFFICER

Tech guru with a Master degree in AI and over 15 years’ experience in software developement. Previously worked in Bitcoinstore, Loyyal, IOHK (Cardano). Contributed to Localbitcoin, Blockcain.info, Bitcoin.com (mining pool and wallet) projects. A frequent speaker at blockchain and fintech conferences.

LUCAS LEGER

CHIEF ECONOMIST

A PhD candidate at Le CNAM-PARIS in cryptoeconomics, Lucas worked on applying microeconomic analysis to blockchain-based networks. He has worked extensively on data privacy and data ownership.

Year	Estd. holding value	Projected growth
2020		NIL
2021		303%
2022		875%
2023		9500%

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, we overcome the data availability problem using math and hence a robust transfer ecosystem following a decentralized exchange protocol facilitates cross-shard transactions.

JAX 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