Cryptopedia - Ju Token
Ju Token (JU) is the native asset of JuChain, a high-performance Layer 1 blockchain platform. The network aims to serve as an on-chain traffic hub and user growth engine by employing a novel traffic finance model that links users, developers, and applications. According to the project, JuChain utilizes its proprietary JPoSA (JuChain Proof of Stake Authorization) consensus mechanism to achieve 1-second block times and sub-second transaction confirmations at ultra-low costs, positioning it as a base for efficient decentralized applications (dApps).
