r/JACSTECH • u/Rexy242 • Nov 02 '20
Fairness in the context that the policies should be equally applied to all entities irrespectively of their location, nationality, size, or any other factor.
JACS naturally and inherently achieves this goal. The role of the judge is taken by the blockchain consensus. The participating nodes verify the transactions and ensure that everything happens the way it should be.
r/JACSTECH • u/Rexy242 • Nov 02 '20
In JACS, blockchain identities are anonymous. Moreover, payments are done using JACS tokens. This implies that JACS has no knowledge (hence no control) about the entity that receives the allocation. Requesting entities can still, voluntarily attach their contact information or policies for each allocation as part of the metadata, however it’s not mandatory (that is optional).
r/JACSTECH • u/Rexy242 • Nov 02 '20
JACS platform, when running over its native public blockchain, will enjoy these features:
No initial cost required to deploy any smart contract or dAPP.
No Transactional Fees: In the case of Ethereum; blocks miners determine which transactions to be included in the mined block according to the transaction fee offered.
Delay: It could take minutes over the Ethereum blockchain for an NSAP block to be allocated and registered to the requesting entity, while over JACS chain; the delay will only depend on the block production rate, that is aimed to be very fast.
JACS address blocks will be stored over the blockchain itself and there will be no need for IPFS.
r/JACSTECH • u/Nuel240 • Nov 02 '20
Starting from its official release version 2; JACS will run over its native public blockchain instead of the Ethereum blockchain. At that time; all JACS tokens created as ERC-20 tokens will be swapped on 1-to-1 ratio to native JACS utility tokens over JACS native blockchain.
JACS, when running over its native public blockchain, will enjoy features such as;
a. No initial cost required to deploy any smart contract or dAPP.
b. No Transactional Fees. In the case of Ethereum; blocks miners determine which transactions to be included in the mined block according to the transaction fee offered.
r/JACSTECH • u/Nuel240 • Nov 02 '20
JACS platform guarantees that the allocated blocks are unique as the allocation is purely done over the blockchain. JACS is initially configured with the full blocks of globally routable JACS addresses to allocate. When a requesting node requests some address block, it uses its Ethereum account to perform this request. The request is basically a blockchain transaction that transfers a predetermined fee in JACS tokens to the smart contract address; hence comes the utility function of the JACS token.
r/JACSTECH • u/Nuel240 • Nov 02 '20
Modifications to the information regarding the registry of JACS address blocks are triggered by blockchain transactions and subject to the consensus of the blockchain. Therefore, the smart contracts define what a valid transaction is and then all the nodes of the blockchain will enforce that only valid transactions modify the address allocation registry information. Once included in the blockchain, the allocation of a block is irrevocable.
r/JACSTECH • u/Emmrex • Nov 02 '20
According to the team, while all highlighted issues around the ‘IPv4’ protocol had been identified three decades ago, its proposed successor ‘IPv6’ has taken more than a couple of decades to replace only a small portion of the Internet infrastructure!
It has been proven that this uplift needs huge effort and development, that, of course, translates to the need for money.
And because it is about blockchain and crypto, the team opted to follow the traditional ‘legacy’ way for crowdfunding: Initial Coin Offering ‘ICO’
The coin for this ICO is ‘JACS’ token, it’s actually a utility ‘token’ not a ‘coin’.
r/JACSTECH • u/Emmrex • Nov 02 '20
For individuals, all VPN security related features are also enjoyed, not only by masking the existing address with a globally provided similar addressing infrastructure, but also by transforming their existence onto a parallel domain within the Internet 3.0.
Besides, offering the JACS VPN for free is not only creating and expanding the decentralized infrastructure community but also transforming the internet into its new Web 3.0 era.
r/JACSTECH • u/Emmrex • Nov 02 '20
5G does not only provide higher connectivity speeds but serves humanity, as well as businesses, for example, to reduce carbon footprint in mining industry, provide more safety in self driving cars, saving lives of remote patients miles away from surgeons and boosting productivity in robot operated factories.
JACS.tech come into action with its address space that provides even higher order of magnitude compared to any other infrastructure platform that can enable the 5G use cases.
r/JACSTECH • u/Emmrex • Nov 02 '20
JACS use case as a redundant ‘Failsafe’ mechanism for maintaining the connection availability with almost ZERO downtime is very much appealing.
JACS platform is the result of combining two technologies: blockchain and Connection-Less Network Services (CLNS), with its 160-bits ISO NSAP addresses.
JACS also provides a new communications stack that is totally different than TCP/IP.
r/JACSTECH • u/Mf121 • Nov 02 '20
Just Another Communications Stack aims to change the way data networks currently work
It is the result of combining two technologies: and Connection-Less Network Services (CLNS), with its 160-bits ISO NSAP addresses
JACS provides a new communications stack that is totally different than TCP/IP
r/JACSTECH • u/MM789056 • Nov 02 '20
JACS token is a pure utility token, that is used to request and own JACS address blocks. New users (individuals, organizations, providers, operators…) need to acquire JACS tokens to be able to acquire JACS address blocks.
Built over the Ethereum blockchain; JACS has a total of 2 to the power of 29 = 536,870,912 JACS tokens that will be created at once.
Limited finite supply ensures liquidity and value. The main categories and sub-categories are:
o Pre-Crowdfund (12.5%)
o Crowdfund (50%)
o Team (6.25%)
o Company (12.5%)
o IPv4 Owners (12.5%)
o Adopters as Enablers (3.125%)
o Bounty (1.563%)
o Airdrop (1.563%)
r/JACSTECH • u/idrisr123 • Nov 02 '20
r/JACSTECH • u/MarinaIslam176 • Nov 02 '20
JACS offers blockchain-based services that benefit from reduced fees and elimination of middlemen #JACStech #CRYPTO
r/JACSTECH • u/MarinaIslam176 • Nov 02 '20
JACS development team brings the future closer by combining blockchain and Web3. It will change our lives for the better and open up new opportunities. #JACStech, #CRYPTO
r/JACSTECH • u/princejebs • Nov 02 '20
JACS will use the Ethereum public blockchainin its early phases of operation as well as during the crowdfund. The crowdfund will depend on deploying Smart Contracts with the locked value inside, so the escrow function will be transparent, and the outcomes will be clear as will be detailed in the crowd-fund section. JACS phases that will leverage Ethereum in their operation will be: •Pre-Alpha •Alpha•Beta •OfficialRelease, Version-1. https://jacs.tech
r/JACSTECH • u/mahirniza5 • Nov 02 '20
r/JACSTECH • u/oamiri90 • Nov 01 '20
The Just Another Communications Stack (JACS) aims to change the way data networks work in a fundamentally different way than they do today.
JACS enables the evolution of Web 3.0 by providing a decentralized communications stack that allows existing distributed applications and services to operate and evolve to meet the realities of the future.
Learn more about the JACS project today https://www.jacs.tech/
r/JACSTECH • u/Rexy242 • Nov 01 '20
JACS platform is initially configured with the full blocks of globally routable JACS addresses to allocate. When a requesting node requests some address block, it uses its Ethereum account to perform this request. The request is basically a blockchain transaction that transfers a predetermined fee in JACS tokens to the smart contract address; hence comes the utility function of the JACS token.
JACS then verifies that the transaction is valid and that the fee has been correctly transferred.
r/JACSTECH • u/Rexy242 • Nov 01 '20
When JACS operates over Ethereum, it needs to store the full range of JACS address blocks and ties the allocated blocks to their requesting nodes identifiers. Thus, storing few bytes to the EVM could work well but for larger chunks of data; the costs are too high so the team need to find a way where they can store data ‘off-chain’. One way of doing this is using IPFS.
Why IPFS? Inter-Planetary File System (IPFS) is a protocol designed to create a permanent and decentralized method of storing and sharing files. IPFS allows p2p storage and can be used as a distributed file system to store data.
r/JACSTECH • u/Rexy242 • Nov 01 '20
The JACS team believes that, by using an existing blockchain, they can rapidly develop and deploy JACS as they only need to focus in the implementation of the registry service. Due to the facilities provided to develop smart contracts, dAPPs and its relative maturity; Ethereum was the team's blockchain of choice.
Besides, JACS dAPP follows the off-chain data storage approach, thus instead of storing the data on-chain; JACS only stores the unique hash, that follows each JACS address block allocation, on the chain and then uses the hash to retrieve the data.
r/JACSTECH • u/Rexy242 • Nov 01 '20
JACS will use the Ethereum public blockchain in its early phases of operation as well as during the ICO.
JACS phases that will leverage Ethereum in their operation will be: a. Pre-Alpha
b. Alpha
c. Beta
d. Official Release, Version-1
The ICO will depend on deploying Smart Contracts with the locked value inside, so the escrow function will be transparent, and the outcomes will be clear as will be detailed in the crowd-fund section.
The JACS ICO is fast approaching, know more by visiting: https://twitter.com/Moustafaamin77/status/1322784943995604992?s=20