Jax Network Soon Launches Stable Coin
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Wednesday, July 7, 2021
Lets look at what makes JAX coin decentralized, scalable, secure, and stable.
Key Points:
- Lets look at what makes JAX coin decentralized, scalable, secure, and stable.
- The network runs on a Proof-of-Work (PoW) algorithm, and its anchored to the Bitcoin network, adding a layer of network security.
- JAX is based on a decentralized blockchain ecosystem known as Jax.Network that contributes to the immutability, transparency, and decentralization of the network.
- JAX coins are designed to have a stable value despite increased demand, which helps facilitate multiple transactions simultaneously within the network.