Hey guys, today I'm going to provide a short overview about Jacs.tech, it's use case and all, so just continue reading and I hope you enjoy it.
Currently Jacs.tech ICO is live, so if you want to be part of this awesome project, it's easy join their telegram group https://t.me/jacstechgroup and ask how you can participate in the ongoing ICO the admin there will direct you on what to do.
So now, let's talk about jacs.
What is Jacs?
Just another communications stack (JACS) is a new communications stack that aims at changing the way data networks works, It is a result of combining block chain and connections service.
JACS was introduced after finding out that IPv4 ran out of addresses in the year 2011. IPv4 addresses were not enough to give each person on the earth a quality identifier. JACS is a communication stack built as a full and assured solution that gives in details how intra-domain communicators occur and how communications happen on the JACS Island over the public internet.
Why JACS?
Well, JACS requires less or no fees for maintenance or renewal for the blocks of addresses. The cost associated with the JACS block is lower unlike the IPv4 or IPv6 which requires more cost. You get your associated block(s) according to your need over the blockchain.
As opposed to all previous attempts and suggestions, JACS is built as a full solution that details, Not only how intra-domain communications will occur but more importantly how communications will happen between the dispersed, JACS is lands over the public Internet that is purely based on IP.
Furthermore, the main reasons for choosing JACS is the abundance, unlike all other address allocation mechanisms, JACS cares less about the conservation of its NSAP addresses or its depletion overtime.
There will be no refusal or justification needed by any requesting entity; there are enough addresses for every single grain of sand on earth and even beyond and for all future needs, and uniqueness, JACS guarantees that the allocated blocks are unique as the allocation is purely done over blockchain also, anonmity and fairness.
One of the reasons why JACS came into existence was the end clients who are regardless of their scale or even their burning heat always required to put a lot of time and effort to test in complete initiatives.
There will be a code of usage and ethics that will be an integral part of the block chain consensus, meaning its 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 refusal or need for more justification, you need it; you pay for it; you will then get it.
In all previous attempts to change the addressing structure and when it was left to the standards bodies, they haven't made the right intended progress.
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.
The cost associated with a JACS block is minimal compared to the cost of an IPv4 or even an IPv6 address, more over you dont need to worry about any maintenance or operation cost, meaning that the cost per JACS block is a once-off, life-time cost. JACS will use the Ethereum public blockchain in its early phases of operation as well as during the crowd fund.
Conclusion :
JACS when running over its native public blockchain will enjoy these features: No initial cost required to deploy any smart contractor dAPP, No Transactional Fees, Delay, JACS address blocks will be stored over the blockchain itself and there will be no need for IPFS.
So guys we have come to the end of this article, I hope you enjoyed your read.
Thanks for your time do have a nice day :-).
For more information about JACS, use the links below.
Website : https://www.jacs.tech/
Whitepaper : https://www.jacs.tech/white-paper
Facebook : https://mobile.facebook.com/viaBlockLTD/
Twitter: https://mobile.twitter.com/Moustafaamin77
Medium: https://medium.com/@jacstech
My bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=790538
Food for thought :
"How often do you get to contribute to a life changing project? "