JD COIN launched its whitepaper version 2.0

Posted September 11, 2020 by JDCoin

JD Coin has launched whitepaper 2.0 and also introducing JD Coin Launchpad
JD Coin, founded in April 2018, started its journey with a simple, yet challenging mission: to create an industry-leading secure process for trading at high transaction speeds. At its core, lies a game-changing next-generation blockchain, designed to solve the problems plaguing the current public blockchains in their practical use cases, namely scalability. This is solved through the incorporation of such technological breakthroughs as sharding, data compression, and the use of AI.

The latest JD Coin Whitepaper Version 2.0 has been recently published on the website of JD COIN. The whitepaper reminisces the idea of conception behind JD Coin and its journey since then from POW to ERC 20 token and the plan ahead of moving towards a hybrid POS consensus with POH and POR. It also talks about the Issues with previous blockchains and the need for the change to a newer version.

JD coin is launching a fourth-generation blockchain which not only addresses the issues with the previous blockchains like transaction speed, high gas fees, etc. but will also make a platform like JD Coin to perform in a cost-effective way. The consumer and enterprise-friendly JD Coin is built for practical real-world use cases where traders need no prior trading experience. JD Coin is leading us to a world of faster processing and sustainable technology.

Addressing the crucial component of consensus algorithm in any blockchain system which determines its performance and security, JD Coin is working on a multi-layered consensus algorithm such as a combination of POS (Proof of Stake) and POH (Proof of History) or POR (Proof of Reputation), etc., will help in providing a solution for varied application scenarios with an ability to run in a small footprint on devices.

The whitepaper elaborates on other aspects of their technical research and development projects including GNP technology and DeFi applications and their use cases in real-world scenarios.

JD Coin has also started with a new venture capital project known as JD Coin Launchpad.

JD Coin Launchpad is a platform that provides an opportunity for some companies
that need some kind of equity or funding for their startups. With a network of
leaders in their entrepreneur’s Eco-system who hold long and strong operational
experience in running and creating their successful ventures, they would call applications from across the globe and would fund one company/project each month to support their financial requirements. The funding may vary between the amount of $10,000 - $10,00,000 per project.

To learn more about JD Coin and it’s upcoming work in the crypto industry, you can click the following link to read their new whitepaper: https://www.jdcoin.us/images/JD-Coin-Whitepaper-2.0.pdf
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Issued By JD COIN
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Categories Finance , News , Blockchain
Tags blockchain , finance , jdcoinreview , technology , whitepaper
Last Updated September 11, 2020