As one of the native digital tokens of Jax.Network, JAX coin offers crypto stability and scalability just like stablecoins, however, using a bit different approach. It will be used for payments and also as a utility token within Jax.Network. Like any other decentralized cryptocurrency, JAX coin is only as valuable as demand for it. Therefore, the more crypto exchanges integrate it, the more liquidity it will have in the market, allowing more people to use it. However, to be adopted mainly around the world, all JAX coins should be mathematically equal across the ecosystem to allow: Inter-shard communicationInterchangeabilityValue transferDivisibility. Inter-shard communication Although JAX coins will be mined on different shard chains of the Jax.Network blockchain, each JAX coin must be mathematically equal across all shards to allow users using coins mined on different shard chains to transact. To achieve an equal expected value of JAX coins on different shards, the system rewards miners proportionally to their computing power. Interchangeability Each shard within Jax.Network is fully decentralized and appears as a separate blockchain network. JAX coins mined on all shard chains must be mathematically equal to enable users to freely exchange the coin among themselves and other cryptocurrency users regardless of the shard from which the coin originates. JXN represents the utility value of our ecosystem and JAX is our sta...
