JHB(JHB)

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1. What is JHB (JHB)

The emergence of Kim Haibei, a digital asset, is taking cross-border payment as its core role. The value of virtual money comes from many sources - decentralized distributed network design, low transaction costs, anonymity and so on. The key point of the bill is the function of payment and transfer. The golden sea shell is characterized by its global payment and transfer functions.

As the times require, we need such an electronic payment system very much, which is based on cryptographic principles and not on credit, so that any agreed parties can pay directly without the participation of third-party intermediaries. By eliminating the possibility of reverse payment transactions, specific sellers can be protected from fraud; for those who want to protect buyers, it is also easy and pleasant to establish a common third-party guarantee mechanism in this environment. In this paper, we propose a point-to-point distributed timestamp server to generate proofs of electronic transactions arranged and recorded in accordance with time, so as to solve the problem of double payment. As long as the sum of computing power controlled by honest nodes is greater than that of cooperative attackers, the system is secure.

JHB:

It's a digital asset on JHB. JHB is a digital asset used by individual users. The total number is 140 million, produced once, and the number remains unchanged.

The value of JHB:

A. Services on Golden seashells, such as transfers.

B. With the construction of golden sea shellfish ecology, more and more data will be accessed and the total value of JHB will be increased day by day, while the total amount of JHB will remain unchanged, so the increment of JHB has great imagination space.

C. It can be used as a ballot paper when witnesses are elected.

2.Token Status and Distribution 

Initial issuance progress: June 2016

The total amount is 140 million.

Distribution plan: Foundation: 45% (50% of the annual unlock, 2 years unlock); Team and early contributors reward: 35% (1/3 of the annual unlock, 3 years unlock); Community and equipment manufacturer operation: 20% (community operating costs, equipment manufacturer donated access);

Characteristic: The key work of encrypted currency in the digital age is to promote transactions and to be widely accepted as a kind of friction and security.

Evaluation: We believe that the pre-payment platform lacks the necessary functions to drive the adoption of the platform by businesses and consumers. Digital tokens are not only the assets of financial investment, but also the issuance of these tokens can provide a platform for flexible product development teams to build innovative and practical value. It will be driven by an increase in goods and services, and can be maintained by fair fees.