Looking back on the past few years, blockchain has been all rage, and it is evident that the innovation is bringing a whole new field of applications. Consequently, the technology has ushered a late surge of decentralization for applications utilizing technology on a global scale.
The sizzling association with blockchain and decentralization is the focus of the upcoming JURA ICO. The venture looks to consider blockchain technology to build an ecosystem for developing and deploying of decentralized applications. Here's a review of how the network is aiming to create a seamless connection between the existing systems and blockchain networks.
About JURA Network
JURA Network revolves around creating a shift in the foundation of a blockchain-based ecosystem that will create a structure to grow and deploy decentralized applications. Under the JURA protocol, the network distinguishes itself with new integrated solutions that offer new data structures for applications looking to use blockchain. Overall, the JURA Network is a comprehensive solution that will combine blockchain technology to enhance the decentralization application for adaptation of a wide variety of blockchain protocols.
The JURA FUSU Decentralized Blockchain Network Protocol Cores
The JURA Decentralized Network will utilize the following technologies as the cores of its foundation:
FUSUS Data Structure
FUSUS Data structure makes up the foundation of the network and works to prioritize the sending and receiving of the transactions. FUSUS will emphasize creating a balance of efficiency, speed and protect from spam.
Dynamic Monitored And Distributed Sharding (DMDS)
The Dynamic Monitored and Distributed Sharding protocol create a multi-layered design to allow for optimization of speed and security within the network. The technology provides for parallel processing and P2P network node partitioning to ensure high scalability levels.
Proof of Utility (PoU) Consensus Mechanism
The Proof of Utility protocol is essential in creating a customizable ecosystem alongside an expandable consensus mechanism. The protocol also establishes an anonymous credit score system under a decentralized structure. Cumulative density functions operate under the system-wide assessment of stakes.
Combining AI and blockchain is nothing new, and JURA Network utilizes the technology in offering advanced security options. The features under this include malicious code warning, offline wallet protection, node detection technology and transaction level filtering.
JURA Token ICO Details
- ICO Dates- August/September 2018 (TBA)
- Token- JURA
- Platform- Ethereum
- Token model- ERC-20
- Accepts- ETH
- Price- TBA
- Hard cap- $20,000,000
Currently, JURA is working on developing the major components, and it would not be right to give the go-ahead for judgment. Still, it remains an exciting project with advanced mechanisms that could revolutionize our decentralization.