JURA — great project with great prospects

Jura Protocol is a paradigm-shifting blockchain technology, which wants to create a blockchain ecosystem with great throughput. Due to Jura, we can have a system that can fully realize the potential of blockchain technology and, at the same time, supporting all of the dapps and smart contracts that we are aware of.
As there is an increasing interest in unifying blockchain technology into daily business operations, it is a need to create a system that is scalable, reliable, and fast.
To accomplish this unfulfilled need, The Jura Network project includes the use of the FUSUS data structure and the PoVRT algorithm, which is a protection against spam.
The FUSUS is a flexible, practical, and scalable data structure that provides users with the ability to achieve scalability, fast transactions, lightweight, and instant confirmation all at once.
The FUSUS data structure is a main part in Jura Protocol. It is originally an account based directed acyclic graph (DAG)-lattice.
What is DAG?
Its transmit will play a role in verifying all receiving transactions that have not been confirmed during the most advanced stage of sending transactions. Another notable feature of the structure is that the data in the previous part of the transaction history will be used to calculate the balance of accounts. Then this part of the story will be deleted. Thus, the system eliminates the need to search the entire history of transactions.
What is PoVRT?
This technology will be introduced into the Jura network as an anti-spam feature. The system will inflict on a random waiting time for the account to realize the next transaction. The timeout can cause problems for swindler users when they attempt to fulfil spam attacks with a zero value.
As we can see, there is S and R letters, which indicate Sending transactions (S) and Receiving transactions (R).

Sending transactions have time urgency in them, since there must be sufficient balance in the account to make that transaction happen.
Receiving transactions on the other hand do not have time urgency, and it is possible to have multiple RTs (receiving transactions) at the same time,while many incoming ST’s (sending transactions) will cause a strain on the system.
Treating these two transactions separately will help users be more efficient and achieve a higher level of transactions per second.
The transaction histories of accounts form the lattice, and the history of each account is constructed by a DAG.
When the traffic volume is low, the DAG is effectively reduced to a blockchain structure.

When the traffic volume is high, the receiving transactions form a DAG and every sending transaction plays the role of a new genesis block.


The team of Jura Network includes specialists with academic knowledge in the field of informatics, applied mathematics, engineering and statistics. There are eight people working on the project, including:
Iris Yang (co-founder, chief operating officer, received a bachelor’s degree in applied mathematics at Columbia University in New York, is a member of the fashion magazine Vogue, an investment researcher in the Chinese company Fortune Ventures).

Donglin Wu Dafflon (co-founder and executive director, graduated from Harvard University with a degree in mathematics, completed a general course at the London School of Economics and Political Science (LSE) in management and economics, previously held the position of vice president in the financial company Galileo Global Securities, founder and CEO of the social network INVITE and the project QuanziCRM.

Cameron Wang (chief cryptographer and system architect, received a Ph.D. in mathematics from Princeton University, where he currently serves as an English teacher).

Alex Dang (co-founder, received a Bachelor of Science degree and a Master of Science from Johns Hopkins University, holds a PhD in bioengineering and biomedical engineering).

Xiang Ma (co-founder, received M.S. in Computer Science from Columbia University, has a great experience in developing and refining protocols in large-scale distributed systems).

Seter Kwok (co-founder, received B.S. in Computer Science from Peking University. He is a team leader and coach who win 7 ACM Gold Medals in 4 years).

Jonathan Hsu (co-founder, received a Ph.D. in Computer Science from the Massachusetts Institute of Technology, where he is currently a research fellow).

The team beat their brains out studying various technical problems and trying to combine cutting-edge technologies such as block lattice, DAG, PoVRT and other elements in one.
All these efforts make the JURA project very promising. By combining these advanced technologies, Jura Network can provide itself with a high level of competitiveness with current and upcoming projects.
