JACS is a new part of internet 3.0 infrastructure

in jacstech •  4 years ago 

INTRODUCTION

JACS simply and effectively provides a new communications stack, totally different from TCP/IP and that aims to change the way data networks currently work. JACS is a hybrid solution, combining blockchain with Connection-Less Network Services (CNLS) which offers a staggering 160 bits to play with.

Blockchain projects have a reliable track record of producing novel solutions to endemic problems. Decentralization offers blockchain based services the healthy benefit of lowering fees and cutting out middlemen. That’s one of the reasons why blockchain enthusiasts get so enthused about blockchain in the first place. The implications of this new wave of software are enormous when combined with other innovative technologies; opportunities can be created which were previously inaccessible or thought of as impossible.

JACS AND 5G FOR NEW ERA

Running any process remotely and effectively controlling its execution is pretty much offered by 5G. But wouldn’t the aspect of automation be completed by artificial intelligence AI and having a machine capable of controlling such process?

When we require machines to autonomously interact, the number of connections will be in the magnitude of thousands of times the human population. This is where 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.

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.

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MORE ABOUT JACS

With JACS, the hard work and cost of having a valid alternative to IPv4 that would be globally recognizable is done through JACS and its community. If you’re a valid IPv4 block owner, you’re allowed to acquire JACS blocks totally free of charge, relative to your IPv4 holdings, that will be more than enough for your current and probably needs for three decades to come. (Proof of ownership that will be explained later in this paper) If you are not a current IPv4 block owner, you can still acquire JACS blocks for your project, company, organization or even if you intend to run and operate a service provider or telco operator.

  • The cost associated with a JACS block is minimal compared to the cost of an IPv4 or even an IPv6 address, moreover you don’t need to worry about any maintenance or operation cost, meaning that the cost per JACS block is a once-off, life-time cost. You’ll be associated block(s) according to your need over the blockchain.
  • There will be no refusal or need for more justification, you need it; you pay for it; you will then get it. According to your usage history, and because it’s all recorded permanently over the blockchain, your assigned block(s) may be banned globally if it turns out that you’re abusing their usage intentionally.
  • There will be a code of usage and ethics that will be an integral part of the blockchain consensus, meaning it’s and all its future edits are subject to the community, if the community agrees to change part of it or even change it all altogether, this will be done and applied accordingly.
  • There will be no central authority as IANA or the different regional and local registries with IP addresses, to request blocks from, justify to, accept their implied policies or whatever the process is, it’s all done automatically and decentralized over the blockchain.

UTILITY TOKEN

At the start of its operation, JACS will leverage the Ethereum public blockchain to perform all address allocation registry functions. This means all functionality liesin the blockchain, in the form of a group of smart contracts that run in the blockchain without human intervention. 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.

As discussed; 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.

JACS then verifies that the transaction is valid and that the fee has been correctly transferred. Upon reception of the transaction, JACS code goes through its associated state (stored off-chain) and finds an address block that is not currently allocated. JACS associates the available block with the identity of the requesting entity and records the hash of the off-chain allocation on the blockchain (as explained in the previous section) As opposed to IPv4 or IPv6 allocation, JACS address allocation is recorded permanently over the blockchain.

This way; the holder of the address blocks will never need to renew the allocation or abide to any renewal date. There is a one-time fee to acquire an address block and there will never be any renewal or maintenance fees.

TOKEN ECONOMY

JACS token will be 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 229 = 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:

  • Crowdfund (62.5%):
  • Pre-Crowdfund (12.5%)
  • Crowdfund (50%)
  • Reserve (18.75%):
  • Team (6.25%)
  • Company (12.5%)
  • Rewards (18.75%):
  • IPv4 Owners (12.5%)
  • Adopters as Enablers (3.125%)
  • Bounty (1.563%)
  • Airdrop (1.563%)

ROADMAP

CONCLUSION

In line with technological developments such as IoT and the presence of the 5G network, there will be many devices in the world connected to the internet network. The TCP / IP technology we use today has many limitations and problems — JACK’s “Just Another Communications Stack” is a platform that utilizes blockchain and Connection-Less Network Services (CLNS) with its 160-bits ISO NSAP addresses. JACK aims to change the way data networks work and overcome various problems in internet protocols such as IPv4 address depletion, high recurring maintenance and renewal fees, etc.

ACCURATE INFORMATION

AUTHOR

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4 years ago by

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