【Notice】Announcement of the completion of our own blockchain junca network (junca Chain)
Thank you for supporting our project.
We are pleased to announce that our own blockchain junca network (junca Chain) has been completed and is now under final testing for implementation.
The junca network (junca Chain) is a high-performance proprietary chain that is compatible with the Ethereum blockchain and is free from external influences, allowing for reasonable transaction fees and reduced transaction speeds.
The junca network (junca Chain) is a high-performance proprietary chain that is compatible with the Ethereum blockchain and is free from external influences, allowing for reasonable transaction fees and reduced transaction speeds. Consensus has the following key characteristics:
-Double validation for higher security and reduction of blockchain fork risk
-Randomization guarantees security and prevents handshake attacks
The junca network (junca Chain) is an EVM compatible blockchain using PoSV consensus and at the same time allowing to deploy any smart-contract written for Ethereum Network with almost immediate transaction confirmation time. Thanks to the PoSV consensus mechanism, the performance of the network is: 2000+ transactions per second, while increasing the network security by utilizing double confirmation 2-6 sec. time for transaction processing and confirmation time within 4-6 sec.
What junca Chain aims to achieve
The existing blockchains have had problems such as congestion of the network due to the increase in the number of users and the volume of transactions (transaction volume), which has caused transaction fees to skyrocket and delays in the speed of transaction execution. Through the junca Chain, junca Holdings wants to provide users with the opportunity to securely conduct banking transactions without paying high fees, and to send money to family and friends at reasonable transaction fees.
In addition, we will be using junca network (junca Chain) to
-Allow payment by junca Chain (JCC) for marketplace transactions such as stores, websites, cafes, restaurants, etc.
-Facilitate the buying and selling of crypto assets through instant replenishment of cards and withdrawal of funds to the account.
-Develop an internal ecosystem where the junca Platform app becomes an all-in-one finance app with all mini-programs added such as donations, educational assistance, crowdfunding, insurance, investments, etc.
Issuance of JPESO, a stable coin pegged to the Philippine peso
Using the junca network (junca Chain), we plan to issue the JPESO, a stable coin pegged to the Philippine peso. The JPESO will be pegged at a 1:1 ratio to the real legal tender, the peso, and will be widely used by those who are apprehensive about using crypto assets by allowing the JPESO to be used for payments as well as the real peso. In addition, various project tokens will be issued by junca network (junca Chain) in the future. We will be issuing news releases on junca platform updates from time to time, so please stay tuned for more projects as they continue to expand.
junca Holdings will continue to promote its efforts based on the philosophy that “contributing to economic reforms in Asia will lead to world peace”. Thank you for your continued support.