
Jumbo Blockchain JNFTCPrice N/A
JNFTC Price
Jumbo Blockchain (JNFTC) Chart
IDO
12 Dec 2024 — 13 Dec 2024
Raised
$ 142.00K
Price:
$ 1.00
Tokens For Sale:
142,000
Platform:
N/A
ATH ROI:
26.36x +2,536%










What is Jumbo Blockchain (JNFTC)?
Jumbo Blockchain is a layer-1 blockchain built for the industry with a proprietary Proof of Nexus (PoN) consensus mechanism. It uses a high-performance architecture, decentralized governance, and advanced interoperability to enable seamless blockchain integration across industries with high transaction speeds and the lowest block completion time of less than 300 milliseconds. With a focus on sustainability and innovation, Jumbo supports a variety of use cases from DeFi to gaming.
The Proof of Nexus (PoN) consensus mechanism used in Jumbo Blockchain prioritizes node reliability, favoring those with consistent performance, thereby ensuring that only trustworthy participants influence the consensus process. It rewards active participation, incentivizing nodes to participate more fully in network operations while continuously monitoring the overall health of the network, including latency and throughput, to maintain optimal performance. The process involves proposing and validating transactions by nodes with a multi-tier consensus algorithm that evaluates metrics such as Network Quality Score (NQS), Node Reliability (NR), Data Transfer Efficiency (DTE), Stability Index (SI), and Node Engagement Score (NES). This approach optimizes transaction processing and resource utilization, providing efficient scalability by combining node reliability and network health metrics for robust security.
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