Jax.Network. Learn how this novel blockchain design solves the problem of scalability leveraging merged mining and sharding. A Scalable, Decentralized Stablecoin for DeFi. Join the Jax.Network.

1. What is the JaxNet Protocol
and the Concepts of Merged
Mining & Sharding?
jax.network

2. The global economy needs a currency that is
decentralized and built on a scalable blockchain
network.
The JaxNet protocol comes as the solution to
the scalability problems hindering the mass
adoption of cryptos.
This novel blockchain design solves the problem
by leveraging merged mining and sharding.
jax.network

3. The JaxNet protocol is a scalable blockchain
system whose Proof-of-Work consensus
mechanism is built on sharding and
merged-mining solutions.
This protocol has a high throughput with low
transaction fees. Therefore, it’s safer to
transfer value with JAX, the native token of the
JaxNet ecosystem.
The JaxNet Protocol
jax.network

4. It’s more than just a blockchain innovation. It
epitomizes the quest for a scalable, secure, and
decentralized blockchain network.
The JaxNet protocol satisfies four major criteria
in the blockchain space, including:
Decentralization
Scalability
Security, and
Stability
Decentralized, stable, and scalable JAX coins
jax.network

5. The JaxNet protocol architecture, sharding & merged mining
jax.network
SECURE
SCALABLE DECENTRALIZED

6. JaxNet is based on the Proof-of-Work protocol,
specifically built as the solution to the
Scalability Trilemma in blockchain networks.
It can achieve more scalability by leveraging
the concept of sharding.
The JaxNet protocol architecture, sharding & merged mining
jax.network

7. For security reasons, it's often said that
sharding doesn't work best on the PoW
networks, however, Jax.Network managed to do
that.
Its shards are secured from take-over attacks
due to the process of merged mining.
The JaxNet protocol architecture, sharding & merged mining
jax.network

8. Sharding is an essential component of the
JaxNet architecture. Technically speaking, it is
the process of splitting a database horizontally
to distribute the load on the system evenly.
Sharding helps to reduce network congestion
while increasing a throughput by creating new
chains called shards.
Sharding in the JaxNet protocol
jax.network

9. Specifically, the sharding concept deployed in
the JaxNet ecosystem helps blockchain nodes
to bypass most of the storage and network
traffic requirements.
Sharding also helps to remove the bottlenecks
of block propagation delay.
These features all contribute to improving the
scalability and decentralization of the JaxNet
protocol.
Sharding in the JaxNet protocol
jax.network

10. Merged mining is simply the process of mining
two or more digital currencies at the same time,
as in the case of Namecoin, which can be
merged-mined along with Bitcoin.
Merged mining in the JaxNet protocol
jax.network

11. As for JaxNet, the merged mining technique
employed in the network allows for the mining
of one or more shards simultaneously.
This adds an extra layer of security to the
shards against 51 percent attacks.
Merged mining in the JaxNet protocol
jax.network

12. More like an incentive for miners, the reward
function employed in the network distributes
rewards to miners in accordance with the hash
power committed to maintaining the network.
All of these features play a significant role in
ensuring the scalability and security
of the network.
Merged mining in the JaxNet protocol
jax.network

13. No other project has ever managed to address
all three aspects of the Scalability Trilemma on
the Proof-of-Work protocol without sacrificing
decentralization, but JaxNet did that efficiently.
Merged mining in the JaxNet protocol
jax.network

14. With its revolutionary approach to the problems
of blockchain technology, the JaxNet protocol
can lead to the mass adoption of blockchain.
By creating a unique blockchain-based digital
payment ecosystem and leveraging the
concepts of merged mining and sharding,
Jax.Network is undoubtedly heading in the right
direction.
Mass Adoption
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15. jax.network
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