How is scalability ultimately solved by Jax.network?

3 min readJul 19, 2021

Scalability is an important aspect of any blockchain-based solution. Several blockchain networks today, including Ethereum and the popular Binance Smart Chain, are struggling with scalability issues. However, Jax.Network has established sharding as the absolute solution to this age-old problem. Using precise sharding technology allows the Jax.Network blockchain to expand the network as the transaction demand grows.

Since blockchain networks are designed to process loads of data per second, using 100GB worth of data per second requires careful consideration of scalability. The JaxNet protocol uses a precise sharding strategy that does not involve conventional validating nodes. The decentralized sharding strategy makes Jax.Network the most promising scalability solution available today, competing with Binance Smart Chain and Ethereum.

Unlike Jax.Network, other networks have a lot of validators and they need to manage them. However, multiple validators in a network is a downside to scalability. Jax.Nework solves this problem through sharding. Jax.Network uses a pure state sharding solution. In other words, you don’t need to download the entire blockchain to verify a shard. As a small node, it cuts down on your hosting costs. So at any time any user can verify his account balance which is one of the pro points.

JaxNet’s approach to sharding

The sharding technique on Jax.Network allows the network to handle a theoretically unlimited number of transactions per second. This level of expansion is extremely advanced, comparable to traditional centralized payment methods like Visa. But how exactly does sharding work on the network?

Essentially, each segment operates independently and can be viewed as parallel chains. As a result, the data split into multiple chains grows as the network grows. The JaxNet protocol is responsible for regulating the total number of shards created in the network. They can only be created when certain network parameters are met.

While different blockchains have different approaches to sharding, the JaxNet protocol allows any node to contribute to as many shard chains as possible. As long as a node has the qualifications (enough storage and bandwidth) to participate in a particular shard, the JaxNet protocol will allow it to do so. In this way, the network gains significant scalability advantages as there is no fixed number of shards in the Jax.Network blockchain. Another special feature is that sharding is done through the Proof-of-Work consensus algorithm, making it the first fractional PoW network.

How sharding solves scalability problems

So, how exactly does sharding solve the perennial scalability problem that some blockchain networks face? Well, for starters, the 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) ). This is a new feature in the blockchain network that is currently only available on Jax.Network. Ideally, due to sharding, the platform can grow to process unlimited online payment transactions, completing transactions up to billions of dollars in JAX coins.

This solution is ideal for a project that aims to provide a practical online payment system. Today, billions of dollars change hands every day. A proper online solution that can handle this large volume of transactions needs to be decentralized, secure, and scalable.

Sharding ensures that Jax.Network can provide fast online transactions using its native JAX stablecoin. In this way, users can enjoy the benefits of a decentralized, secure, and scalable value transfer ecosystem.

Conclusion

Scalability is a key aspect of any project aiming to revolutionize the online payments industry. Jax.Network has assembled a unique ecosystem based on sharding and merge-mining to provide us with a scalable yet highly secure blockchain.

To learn more about JAX.Network, visit their Telegram or Twitter groups. Testnet, where miners can earn more rewards.

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0xb0B8a6aE6C3Ef09bCEcB4D997FaCC9B0B8f37db3

How is scalability ultimately solved by Jax.network?

JaxNet’s approach to sharding

How sharding solves scalability problems

Conclusion

Written by Cofayzazdo