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How is scalability finally solved the JaxNet way?

Jax.Network. Discover how any user of Jax.Network will be able to verify his account balance due to sharding, which is one of its pro points.<br><br>A Scalable, Decentralized Stablecoin for DeFi. Join the Jax.Network.

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How is scalability finally solved the JaxNet way?

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  1. How is scalability finally solved by Jax.Network? jax.network

  2. Scalability is a significant aspect of every blockchain-based solution. Several blockchain networks today, including the popular Ethereum and Binance Smart Chain, struggle with scalability issues. Using precise sharding technology allows the Jax.Network blockchain to scale the network as the demand for transactions grows. jax.network

  3. The JaxNet protocol uses a precise sharding strategy that doesn’t involve the conventional validator nodes. The decentralized sharding strategy makes Jax.Network the most promising scalability solution today, competing with Binance Smart Chain and Ethereum. Jax.Network employs a pure-state sharding solution. • Verification being done on a small node, storage costs are minimized. • A user will be able to verify his account balance, which is one of the pro points. • jax.network

  4. The JaxNet approach to sharding • The sharding technique on Jax.Network allows the network to handle a theoretically unlimited number of transactions per second. • One other peculiarity is that sharding is done through a Proof-of-Work consensus algorithm, which makes it the first sharded PoW network. • The JaxNet protocol is responsible for regulating the total number of shards created within the network. They can only be created when some network parameters are met. • The Jax.Network achieves significant scalability advantages since there is no fixed number of shards in the network’s blockchain. jax.network

  5. How sharding solves scalability issues • The sharding technology ensures that a network can scale on demand and thus, handle a significant amount of transactions per second (their team is still running stress tests). • An appropriate online solution that can handle a large volume of these transactions needs to be decentralized, secure, and scalable. • Sharding ensures that Jax.Network can provide fast online transactions using its native stablecoin JAX. jax.network

  6. Conclusion Scalability is a significant aspect of any project that aims to revolutionize the online payment industry. Jax.Network put together a unique ecosystem based on sharding and merge-mining to provide us with a scalable yet highly secure blockchain. jax.network

  7. Are you ready to join Jax.Network? Join Now jax.network

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