Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Jumbo Blockchain is an innovative and sustainable L1 blockchain. Focusing on innovation and sustainability we have applied 3 patents that help to cater to the major blockchain technology challenges of speed, security and cost.
1)Proof Of Nexus consensus protocol - reduces the possibility of security attacks through its multi parameter approach there by making the blockchain secure from all major attacks including 51% and sybil attacks.
2) Our second patent around transaction processing mechanism enables parallel block processing and utilization of 75% of the validator pool at once , increasing the TPS and block processing speed to only few millisecond. The customized data storage on the nodes helps in reducing infrastructure requirements by 85% thereby reducing the cost to a minimum for enterprises.
3) Our smart contract-based hybrid/private network setup ensures faster turnaround for industry specific needs and reduces cost.
The native token of the Jumbo Blockchain is a fraction of digital assets which are nothing but the patents applied by the company itself.
The live Jumbo Blockchain price today is $14.12 USD with a 24-hour trading volume of $756,885 USD. We update our JNFTC to USD price in real-time. Jumbo Blockchain is down 1.55% in the last 24 hours. The current CoinMarketCap ranking is #3246, with a live market cap of not available. The circulating supply is not available and a max. supply of 125,000,000 JNFTC coins.