### What is The JTC Network (JTC)?

JTC Network in a layer 1 blockchain where Web3 users can enforce their legal rights in cryptocurrency and tokenized assets. JTC owners have the unique ability for legal recourse to recover their digital assets in the event of hacks, frauds, mistakes, lost private keys and other legal disputes. The blockchain accomplishes this using special transaction types that integrate its native coin, $JTC, with existing state and federal court systems and procedures. 

The ability to protect and reclaim value through official legal systems is a critical component of any successful financial project. By offering these capabilities within a decentralized, blockchain-powered ecosystem, JTC is providing the infrastructure needed for true mainstream adoption. 

In addition to its consumer protection features, JTC catalyzes many blockchain use cases that require access to the legal system such as regulated commercial transactions, digital copyright protections, and the tokenization of real-world assets (RWAs). 

### How many JTC are in circulation?

JTC follows the same release schedule as Bitcoin. As of January 2024, there are approximately 19.48 million JTC coins released, and the maximum supply is 21 million. Thus, less than 10% of JTC coins remain to be mined.

JTC was fairly launched as a fork of BTC at block height 717808.

### What makes JTC unique?

JTC is the only cryptocurrency where users, third parties and government officials have direct access to legal recourse on-chain. The Jurat Network enables court rulings to be communicated to blockchain nodes without intermediaries. Standout features of the blockchain include transactional versatility, asset tokenization, and enhanced capabilities for regulatory compliance. 

Other use cases include Web3 products for legal services, digital art NFTs with incorporated licensing, and BRC-20 tokens.

### Who is the Team behind JTC?

JTC was created by a team of attorneys and blockchain engineers. The team member most closely associated with JTC is Mike Kanovitz, a seasoned civil rights and consumer protection attorney. The Government Blockchain Association (GBA) awarded Mr. Kanovitz its 2023 Achievement Award in Innovation for his leadership on the Jurat project and promoting decentralized law enforcement technologies. He speaks, publishes, and engages with government agencies on the topic of blockchain-based legal rights. He holds a Juris Doctor degree from Cornell University. 

Dan Wasyluk is a blockchain veteran who has been building in the space since 2012. He co-founded and developed the Syscoin ($SYS) blockchain, a Bitcoin-fork that adds Layer 2 EVM smart contract capabilities. In addition to overseeing Syscoin’s growth into a top-100 market cap project, Dan has extensive experience developing NFTs, smart contracts, decentralized identity solutions (DID), wallets for digital assets, and cross-chain solutions. His most recent Web3 venture, Blockchain Foundry, was acquired by WonderFi (TSX: WNDR, OTCQB: WONDF, WKN: A3C166) in late 2022. Dan holds a Bachelor of Science from the Rochester Institute of Technology.

Additional team members included Vadim, a high-powered engineer with multiple patents in the blockchain space and banking expertise; Alexzandra, a serial entrepreneur and go-to-market expert; and Jon, a celebrated civil rights trial attorney highly respected in the United States federal judiciary.

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Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

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MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

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XDC Network (formerly known as XinFin Network) is a hybrid (public / private) blockchain platform that combines the transparency of public blockchains with the speed and security of private networks. With the help of blockchain technology and state-of-the-art infrastructure, the project intends to provide streamlined financial services to its users.

The protocol’s open-source software uses a delegated-Proof-of-Stake (XDPoS) consensus mechanism, which facilitates fast transactions, interoperability, and cybersecurity. The network can process 2000 transactions per second (TPS), and thanks to interoperable smart contracts and Ethereum Virtual Machine (EVM) compatibility, users can more easily scale their projects.

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