Tokenbox Analysis Of ICO Projects

 | Aug 16, 2018 06:31AM ET

1. Jura Network (USA)

Jura is a project that is a hybrid of DAG and blockchain. Today such a system is called a DAG-chain. To protect the network from potential spam attacks that have already occurred and the danger of which is still there (as examples we recall the attacks on IOTA or Nano projects), Jura will use "Proof of Verifiable Random Time" (PoVRT).

PoVRT ensures that each account waits for a verifiable time interval before it can initiate the next transaction, and this time value increases exponentially, depending on the number of transactions. If an attacker tries to use a supercomputer for a spam attack on the network, the system will still impose a random wait time on this node. However, the core value proposition Jura introduces is the proof of utility (PoU), which will take place of the existing DPoS in Nano.

PoU is a consensus algorithm that evaluates votes based not on the size of a stake, but on the usefulness of such votes. The system will evaluate the degree of influence, contribution and algorithmically determined level of friendliness of each node. PoU makes a 51% of attacks difficult because no one can see the distribution of votes. Jura will use on-chain sharding to separate the amount of data that each node must handle.

Jura technology and its advantages over competitors (let’s say, Nano):

  • The core structure (FUSUS) is adaptive to network loads, which allows changing transaction speed. It has the PoVRT technology for anti-spam protection.

  • Proof of Utility provides additional time to increase creditworthiness, a general consensus mechanism that allows achieving self-regulation and adjusts to the needs of businesses in different areas.

  • Sharding presents concurrent transactions to achieve an extremely high level of scalability, speed, and security optimization.

  • Artificial Intelligence (a system of protected wallets and automatic detection of nodes) produces warnings about malicious attacks.

Tokenometrics of the project Jura:

HardCap - TBA, the dates of the main sale - TBA, at a private sale the price of 1 Jura = 0.009; bonuses: 40% (no lock).

Most of the team is based in New York, but there are also offices in San Francisco and Beijing.

Donglin Wu Dafflon is a member of the Forbes 30 under 30 rating, worked for SouthRock Capital (a division of Deloitte). At the moment he is the CEO of Jura Protocol. He is a partner of Dimension Strategies, which is an investment hedge fund focused on cryptocurrency, the founder, and CEO of INVITE & Quanzi CRM. He graduated from Harvard University - specialization Mathematics, London School of Economics and Political Science (LSE) - specialization Management and Economics. At the moment there is no information on the advisers.

To sum up, the Jura Network project looks very interesting, but exactly how technology will be implemented, time will tell.

In comparison with NANO, which is now going through hard times after a break-in, the Jura Network consensus looks much more interesting, especially considering the developments regarding artificial intelligence.

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The disadvantages include lack of information about partnerships, investors and even data on the number of tokens.

The preliminary assessment of the analytical department of Tokenbox is 6/10.

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