JPCHAIN Presale Starts May 31st 2021 at 00:00 GMT +9 In Five Phases jpchain
intro
< > Woodinville, Washington May 10, 2021 There have come many questions as to what JPChain is and what differentiates JPChain from other existing blockchain projects?
We have taken time to answer some of these questions also expanded on the roadmap, on how we plan to achieve them.
JPChain is a novel Consensus Protocol that solves the shortcomings of currently distributed ledger technology solutions, including speed, validation and API connectivity and security.JPChain is a project driven by a group of developers who have committed to simplifying the development of decentralized applications (DAPPs) .
There is no doubt that now is the time for a “post-blockchain” protocol that adheres to the progressive principles set forth by Satoshi Nakamoto.
Since the launch of blockchain in 2009, over a decade ago, research has moved forward and improved ways of achieving the promise of a vibrant decentralized world.
JPChain is concerned that the state of DLTs is slowly moving towards centralized, permissioned, and leader-based environments in which a small number of individuals are in control of each network, thereby creating liabilities and single points of failure.
In contrast, JPChain Developers took time to analyze different existing blockchain projects, with the focus to identify their pros and cons with the mission to provide solutions through JPChain.
We analyzed over 200 different projects promising a truly decentralized economy and financial system to bringing the vision of Satoshi Nakamoto to reality and were able to see their shortcomings.
JPChain will combine the solutions to already existing project and provide simplified blockchain architects that can empower users to build decentralized apps and digital assets with speed, low transaction fee, friendly tools and security.With its flexible application abilities, it can operate as a public ledger and as a private instance connected to the public ledger.This allows enterprises to build decentralized projects that are beneficial to their operations, and innovative.
JPChain is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders.JPChain addresses key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, and open participation.
JPChain will integrate Ethereum Virtual Machine (EVM) to connect seamlessly with many familiar tools and infrastructure used by Ethereum developers to enhance users experience, security, and scalability.A great advantage with EVM is that it gives the possibility to develop smart contracts, tokens or DApps, in the same way, that it develops in Ethereum and even BSC, so the possibility to create projects in JPChain is endless, being able to export existing Ethereum and BSC projects to JPChain, such as tokens, DApps, DEX among many others.
Proof of Stake
With its’ proof-of-stake consensus mechanism, a person can mine or validate block transactions according to how many JPC they hold.
This means that the more JPC owned by a miner, the more mining power they have
Technicalities Involved
JPChain is a self-amending cryptographic ledger that can expand according to the needs of the industry without getting forked from time to time.In the JPChain Platform, stakeholders can govern the protocol.
It is the platform that will create a digital commonwealth, a network where all involved people can allow their voices to be heard and have shared honesty.It is a new peer-to-peer blockchain platform that helps in computation checking to prove the code accuracy that regulates all transactions.
JPChain will rely on a system of 100 validators with Proof of Staked Authority (PoSA) consensus that can support short block time and lower fees.The most bonded validator candidates of staking will become validators and produce blocks.The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
JPChain validators are responsible for committing new blocks in the blockchain.
These validators participate in the consensus protocol by signing blocks that contain cryptographic signatures signed by each validator’s private key.
How does the JPChain Blockchain Platform work?
JPChain uses a network shell to enable its self-amending cryptographic ledger features.To explain the blockchain protocols involved and to know how network shells work, we have explained 3 types of blockchain protocol layers:
Network Protocol Transaction Protocol Consensus Protocol On-Chain Governance
If you hold a stake in JPChain, you can also take part in governing the protocol.This process is known as on-chain governance.It facilitates JPC holders to vote for future performance.
It is a system for upgrading blockchains where code modifications are encoded into the protocol and defined by stakeholders voting.Though anyone can suggest changes in the code, core developers and JPC holders decide whether those changes should be integrated into the protocol or not.
JPChain On-Chain Governance offers a wide range of benefits, including:
Binding code modifications Faster Consensus Decentralized Decision-Making Process Fewer Malicious Hard Forks Transparency Benefits of JPChain On-Chain Governance
JPChain Blockchain Platform can upgrade without hard forking because the community fixes the upgrade to clear rules.It helps in avoiding inactivity and keeps enhancing.JPChain allows any stakeholder to be a part of the consensus mechanism and receive rewards for contributing to the stability and security of the network.
JPChain has a modular architecture and formal upgrade mechanism.Its self-amendment mechanism allows the network to implement and adopt new technological innovations from time to time
JPChain dApp platform provides systematic and formal procedures to reach an agreement on proposed protocol amendments.
JPChain platform ensures the safety and code correctness for high-value use cases.
JPChain issued a token on Binance Smart Chain called JPChain (JPC) to enable us to build our first community before the mainnet, also to ensure JPChain is already tradable before the mainnet.
Upon the release of JPChain Mainnet, the existing JPC token on Binance Smart Chain will be swapped to the JPC that is native to the JPChain on a 1:1 basis on real-time holdings.
JPCHAIN PRESALE
JPChain presale starts May 31st 2021 at 00:00 GMT +9 in five phases
TOTAL PRE-SALE TOKEN 10%— — — -100,000,000JPC
PRE-SALE PHASE ONE 20% —— 20,000,000JPC will be sold at 0.02USD
PRE-SALE PHASE TWO 20% — — 20,000,000JPC will be sold at 0.04USD
PRE-SALE PHASE THREE 20% — — 20,000,000JPC will be sold at 0.06USD
PRE-SALE PHASE FOUR 20% — — 20,000,000JPC will be sold at 0.08USD
PRE-SALE PHASE FOUR 20% — — 20,000,000JPC will be sold at 0.10USD
As each phase is sold out, the next phase start date will be announced
HOW PAARTCIPATE IN JPCHAIN PRESALE
Register on the presale platform to participate
INITIAL PROJECTS UNDER JPCHAIN
JPSWAP: A decentralized cross-chain liquidity protocol powering the future of global finance and crypto asset exchange.JPSWAP will offer a low-fee automated market maker (AMMs) exchange along with yield farming opportunities for users.It will run over JPChain with the scalability of ‘layer-2’ platforms.
The protocol would also offer social tokens and non-fungible tokens (NFTs).
JPEX: Anonymous crypto exchanges that will allow you to trade any cryptocurrencies without KYC procedures.
Skip the entire identification process on crypto exchanges where you have to snap yourself sometimes in front of a robot camera.
JPAPI: Blockchain analysis Application Programming Interface (API) technology for financial institutions, crypto businesses, and law enforcement authorities to prevent and investigate cryptocurrency crimes.Global blockchain-powered interconnected API ecosystem provider, connecting all the available Blockchain APIs in one chain and simplifying them for non-high tech persons.JPChain is the first Artificial intelligence & Robotic society Blockchain, aiming at providing its community with the most secured API yet accessible for investigational purposes.
✉️ Important Information:
Twitter updates: @JPChainOfficial
Telegram group: https://t.me/jpchainofficial
Website: https://jpchain.io
Media Contact
BLOCKCHAIN REVOLUSION PRESS.
