Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptopolitan 2021-09-07 11:36:22

The Jax.Network Sharding Solution: How Is It Different?

Jax.Network uses a sharding solution to enhance the data throughput efficiency by splitting the blockchain into different parallel and independent chains or shards. Sharding reduces the workload on the entire network, thereby making the network more scalable. Jax.Network also employs merged mining techniques to ensure the security of shards. But, it does not compromise security, and each shard has the same security as the entire network using Auxiliary Proof-of-Work. Jax.Network reduces the amount of information stored, but network resilience to 51% attacks remains the same.  What is Jax.Network sharding and why is it needed? First, sharding is a promising blockchain scaling solution that involves splitting a network into more superficial portions, commonly referred to as shards. The concept of sharding is more like a “divide and conquer” algorithm and can be used to ease the workload on a single network and distribute this into multiple sub-networks. JaxNet employs this same blockchain scaling approach meaning the entire network is made up of shards. Shards are a collection of nodes that take part in transactions and also maintain the sharded network.  JaxNet leverages sharding as its value proposition. When used in JaxNet, sharding divides the workload of a blockchain into groups of shards responsible for reducing the latency, allowing for more transactional throughput, which, in turn, enhances scalability.  ...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.