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Jax.Network. Find out the winner as Jax.Network is compared compare to Google Pay as a payment system.<br><br>A Scalable, Decentralized Stablecoin for DeFi. Join the Jax.Network.
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Jax.Network vs. Google Pay: Who provides a more secure and scalable environment? jax.network
Jax.Network in a capsule • JaxNet is a blockchain protocol for enhancing decentralized payments in a secure and scalable environment. • The protocol is anchored to the Bitcoin blockchain to increase efficiency and boost BTC network scalability. • Jax.Network’s scalability is world-class and makes it suitable for mass adoption, practical day-to-day transactions, rewarding miners, and fast processing of transactions. jax.network
Jax.Network in a capsule The CEO and co-founder of Jax.Network, Vinod Manoharan, envisioned building a genuinely decentralized global payment system. After several years of research, Manoharan and his team built and deployed one of the world’s most decentralized and scalable ecosystems featuring a stablecoin, two tokens, and a merged-mining algorithm. jax.network
Jax.Network as a payment processor • Jax.Network holds a decentralized cryptocurrency whose purchasing power remains stable. • Unlike most digital currencies, the JAX coin is not subject to regular and unexpected crashes. • The coin is not pegged to any fiat currency and doesn’t need heavy collateral to function. • Coin issuance follows a strict set of rules that prevent volatility and enable transaction validators within the network. jax.network
Jax.Network as a scalable blockchain • Jax.Network supports a vast number of transactions per second, just as other payment networks like Mastercard and Visa. • The network scales on demand, and enables the massive number of transactions required to make crypto transactions go mainstream. • The only difference between the JAX coin and its competitors in global payment lies inherently in the benefits of Jax.Network. jax.network
Jax.Network as a permissionless, decentralized entity • Jax.Network promises more privacy and no interference from third parties. • No middlemen reduces fees required to send cash from one person to another. • The network is also fast and supports transactions across the world. • Additionally, the network can potentially process any number of large transactions. jax.network
Comparing features of Google Pay vs. Jax.Network Jax.Network Google Pay Private and anonymous transactions Privacy Requires credit card information Transacts with all digital wallet owners Specificity Supports NFC-only devices Unlimited transactions with login info Mobility Hard to complete without device jax.network
Verdict: How is Jax.Network better than Google Pay? Feature Benefit Scalability Day-to-day transactions Decentralization Relatively fast to lack of networked agencies Layer 2 solution Transactions have instantaneous speed Security Identity protection and enhanced anonymity JAX coin Stability of value jax.network
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