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Jax.Network. Learn what qualifies a security/commodity/asset to be a universal store of value and why we think JAX is one.<br><br>A Scalable, Decentralized Stablecoin for DeFi. Join the Jax.Network.
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Establishing JAX coin as a universal store of value Jax.Network is a universal payment system where users can transfer value in a decentralized chain. This value is transferred in the form of the blockchain native token - JAX. What are the criteria for a "universal store of value"? • Goods salability is often determined in three dimensions of time, scale, and space. • This divisibility makes it possible for transaction participants to quantify a trade-in value, whatever size they desire. • The next dimension defnes the ease of transporting, transferring, or distributing value from one geographical location to another. • The third dimension is the salability of time where the standard holds reliable value in a future time, remains stable and bulletproof from counterfeiting, corrosion, rot. • Store of value must never be subject to any unpredictable surges in supply. Conclusion How JAX qualifes in the above criterion as a universal store of value: • JAX supply is tied to a cost-based mechanism to satisfy the salability of time by being backed by the efciency of GPU and ASIC equipment. • K-coefcient is introduced in the network that adjusts the cost of production so that it remains stable over time. The mining and creation of new coins are made relatively responsible by ensuring that coin issuance is market-driven. • • JAX is divisible into convenient units that can quantify the proper value of a commodity. • Jax.Network is fast and reliable to transfer JAX coins across time and space, lowering the transaction cost without losses. Are you ready to join the Jax.Network? Join Now jax.network