Coinstore.com Showcases JFIN Chain – A Proof-of-Stake Blockchain, to Support Enterprises and Decentralized Applications
SINGAPORE, 17 May 2023 /PRNewswire/ — Coinstore.com, a leading global cryptocurrency and blockchain technology platform, announces the listing of JFIN Chain, a proof-of-stake blockchain designed to support decentralized applications, particularly in the areas of DeFi, GameFi and NFTs.
JFIN Chain is a proof-of-stake blockchain designed to support decentralized applications, especially in the areas of DeFi, GameFi and NFTs. The project aims to provide a fast and secure platform for developers to build and deploy their applications, while providing opportunities for users to participate in efforts and earn rewards for validating transactions on the network.
One of the main problems that JFIN Chain aims to solve is the scalability issues that many existing blockchains face, especially when it comes to transaction speed and throughput. JFIN Chain’s 3-second block time allows fast and efficient processing of transactions, while the PoS consensus mechanism ensures security and decentralization.
JFIN coin token (JFIN) Token Overview
- Token Name: Token
- Token symbol: JFIN
- Total offer: 300,000,0000
- Initial Circulating Supply: 100,000,000
- Trading pair: JFIN/USDT
- Trading time: 2023/05/17 13:00（UTC+8）
- Withdrawal time: 2023/05/17 13:00（UTC+8）
What is the use of tokens?
The JFIN token is the native token of the JFIN chain and is used for transaction fees (gas fees) as well as stake rewards. Token holders can stake their tokens to participate in the validation of transactions and earn rewards, and they also have the opportunity to participate in the governance of the network by voting on proposals. Developers can use JFIN tokens to pay for transaction fees when deploying their decentralized applications on the JFIN chain. In addition, a portion of the validation rewards are allocated to JFIN token holders who are staked on the nodes that have the right to create the blocks, giving them incentives to participate in the network and contribute to its growth.
Which part comprises the project’s ecosystem?
The JFIN project benefits from a robust business ecosystem provided by the Jaymart Group i Thailand. With its extensive resources and expertise, Jaymart Group plays a pivotal role in supporting the JFIN Chain, a proof-of-stake blockchain network. This collaboration enables JFIN to leverage Jaymart Group’s established presence and market knowledge, facilitating the project’s expansion to Southeast Asia (SEA) market.
A core focus of the JFIN chain is to foster a thriving developer community, promoting innovation and technological advancements within the blockchain space. By creating a collaborative environment for developers, JFIN Chain encourages the creation of decentralized applications (dApps), smart contracts and other blockchain-based solutions.
Through the partnership with Jaymart Group’s business ecosystem and the emphasis on building a strong developer community, JFIN Chain is well positioned for growth in Thailand and the wider SEA region. This comprehensive approach combines business acumen, technological advancement and community-driven innovation, ensuring the project’s success.
JFIN official media
For more information about JFIN, please visit:
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