This decentralized ecosystem features a revolutionary DAG data structure that will provide unprecedented processing capabilities

ProBit Global
ProBit Global
Published in
3 min readApr 25, 2019

Blockchain technology has given birth to many a revolutionary and insightful solution powered by the decentralization and rapid transaction capacity which had made it a staple in various industries and particularly in the finance sector.

Currently, transaction speed, security, scalability, and other factors have been improved on with the introduction of advanced new forms of blockchains as well as revised renditions of the technology. A solution named Jura has emerged which aims to maximize the efficiency scalability along with the requisite security features to provide a state of the art ecosystem for DApp development and a purported capacity of 100,000TPS.

A legitimate game-changer

At the heart of the Jura Protocol remains a breakthrough FUSUS DAG which will promote an unprecedented level of development for various DApps and smart contracts. The major strength of their revolutionary DAG provides vastly enhanced lookup speeds and fee-less transaction execution as it utilizes a lattice data structure for hyper-efficient processing.

Individual accounts, or public keys, will be stored as DAG data structures to maximize efficiency which is established by storing all previous transactional data into a new genesis block for each account. This helps organize data effectively while removing any potential transaction speed barriers and facilitating ultra quick lookup speeds.

Internal security is provided by Jura’s proof of verifiable random time (PoVRT). This unique measure requires users to wait a specific amount of time before attempting to process transactions. If this duration isn’t met, the transaction will be rejected and the user will be subjected to an even longer waiting period.

Another significant feature is Jura’s Proof of Utility (PoU) which will effectively provide each individual account with a score based on four major factors: stake amount, how long the account is maintained, average staking duration, as well as the most recent staking duration.

The overall impact of these critical factors will be constantly adjusted and calculated by a unique algorithm to maintain a level of fluidity and unpredictability which makes the PoU superior to a traditional PoS consensus that is primarily determined by the overall stake in a particular asset alone.

A fine-tuned mechanism of mutually beneficial parts

Another innovative feature involves sharding, which is used to break down large clumps of information into smaller and more manageable parts. The complex system comprises three main channels including a router layer, a validation cache layer, and a monitor layer. This is where PoU also plays a role, as the essential roles that ensure the smooth maintenance of these shards and nodes are determined by individual PoU.

Storagers provide space for transaction execution, monitors supervise nodes, and judgers play a critical role in making the final call on the validity of a particular action. JREX tokens will be used to promote a rewards system aimed at incentivizing the critical roles in the ecosystem including storagers, monitors, and judgers.

Finally, the AI Security Layer provides AI-based algorithms that will serve as the last line of defense in filtering out potential threats to the ecosystem. Integrated machine learning will ensure that it continues to evolve and will complement the various elements that maintain the ecosystem.

Don’t miss out on a chance to back this revolutionary platform and the highly decorated team behind it as Jura launches their IEO April 29: https://www.probit.com/en-us/ieo/jrex-round1/0

--

--

ProBit Global
ProBit Global

ProBit Global is a Top 20 crypto exchange worldwide providing unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.