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Home»TRADING NEWS»JTC Network’s groundbreaking legal-Recourse Bitcoin fork is listed on WhiteBIT, connecting digital assets with the official court system.
TRADING NEWS

JTC Network’s groundbreaking legal-Recourse Bitcoin fork is listed on WhiteBIT, connecting digital assets with the official court system.

By Crypto FlexsMarch 5, 20246 Mins Read
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JTC Network’s groundbreaking legal-Recourse Bitcoin fork is listed on WhiteBIT, connecting digital assets with the official court system.
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Chicago, Illinois, March 4, 2024, Chainwire

The JTC Network, the next Bitcoin fork with a native connection to the official government legal system, is scheduled to be listed for trading on March 5th. Whitebit Exchange. WhiteBIT’s listing follows the consistent and solid performance of the JTC ecosystem, including successful use within the U.S. federal court system, an NFT platform with enhanced legal enforcement capabilities, and extensive media coverage of its innovative features by Forbes, Fox Business, and CoinTelegraph, among others. .

The JTC Network blockchain is unique in that it provides cryptocurrency users with legal capabilities equivalent to what can be achieved with traditional banks, such as access to recover lost and stolen coins due to fraud, hacking, or mistake. Legal recourse is necessary for a mature financial ecosystem and will play a critical role in future cryptocurrency adoption.

Like $BTC, Court Interface $JTC is limited to a total of 21 million coins, making it one of the most underserved cryptocurrencies on the market. And like BTC, less than 10% of the maximum supply must be mined. However, unlike BTC, JTC Coin finally gives the cryptocurrency community an answer to many of the compliance criticisms that threaten BTC’s future in the eyes of anti-crypto legislators and regulators.

WhiteBIT confirms JTC listing on official X profile

WhiteBIT exchange is a leading destination for cryptocurrency traders in the European market and is rated AAA for its focus on cryptocurrency compliance and customer security. Announcing the listing of $JTC X, WhiteBIT described the project as ‘revolutionary’ and recognized their shared mission to protect digital asset owners and strengthen legal compliance in the industry. The exchange’s official

This initiative will leverage WhiteBIT’s extensive global reach and user base to further increase JTC’s accessibility. Beyond accessibility, JTC and WhiteBIT’s collaboration introduces the coin to a wider audience and spreads awareness of Web3’s revolutionary capabilities for legal enforcement.

Additionally, the new listing could improve JTC’s liquidity through increased trading volume, further narrowing spreads and increasing the efficiency of price discovery.

“WhiteBIT listing is another major step for JTC Network and a strong move following our recent success. This will give more people the opportunity to benefit from the on-chain legal remedies available on the JTC blockchain,” said Mike Kanovitz, Jurat co-founder and CEO.

$JTC: Bridging the gap between cryptocurrencies and legal frameworks

JTC was released through a BTC fork at a 1:1 ratio at block height 717808. BTC holders of that block can request mirrored JTC using Jurat Wallet, available on iOS and Android.

JTC complies with the Bitcoin protocol founded by Satoshi Nakamoto. It utilizes a Proof-of-Work (PoW) consensus mechanism known for its security and resilience, allows public account creation, and is limited to a maximum supply of 21 million, the same as BTC.

$JTC differentiates itself from other Bitcoin forks by inheriting Bitcoin’s core features while incorporating groundbreaking legal redress tools and native connections to official courts. These native capabilities for on-chain legal response in the event of hacking or fraud, unique to JTC, aim to alleviate the ever-present regulatory issues surrounding the cryptocurrency industry.

$JTC can be seen as a blockchain innovation that bridges the gap between the courts and the decentralized world and paves the way for a more secure and legally sound future for cryptocurrencies and Web3.

Beyond listing: JTC’s drive and innovation

One of the greatest successes of the JTC Network is the speed with which it has captured the imagination of cryptocurrency enthusiasts around the world, who see the new technology as a necessary missing piece and groundbreaking improvement for the overall blockchain space. The JTC community recently welcomed 1,000 “Esquire” Ambassadors to help educate the cryptocurrency world about on-chain legal rights and JTC Coin.

Each Esquire received a JTC-oriented PFP in Bitcoin format ordinal number. News reports about JTC and Jurat technology receive regular attention in the general media. Jurat’s cryptocurrency regulatory conferences and presentations have received over 50,000 views.

Although it is still early days in the history of $JTC, the team is eager to achieve a trajectory consistent with the momentum and possible long-term direction seen in other major Bitcoin forks. The team aims to position $JTC among successful projects in the cryptocurrency space based on initial progress and strategic plans for future development.

Bitcoin Cash (BCH) has grown into a $6 billion project since its creation in 2017. BCH has risen from around $125 to over $400 over the past year, reflecting the theory that a successful Bitcoin hard fork has long-term potential. Bitcoin SV (BSV) experienced a similar surge last year, rising from $30 to over $100.

$JTC has started trading. bitmart In January. After listing at $42, $JTC rebounded to $300 before a decline and is currently trading about 75% above its listing price.

In summary, although it is early days for $JTC, the team aims to position the project among well-known Bitcoin forks. Additionally, unlike existing forks such as BCH and BSV, $JTC introduces next-generation legal compliance features and on-chain legal remedies to address some of the issues faced by previous forks.

It’s right near WhiteBIT’s $JTC.

The listing of $JTC on WhiteBIT on March 5 marks an important turning point for the Jurat community and cryptocurrencies in general, paving the way for a brighter future where blockchain technology is more secure and free of legal drawbacks that prevent widespread adoption. .

As $JTC enters this exciting new phase, stay up to date with developments by engaging with the community on the following platforms: XTelegram, Discord.

Jurat Blockchain Information

Jurat Blockchains has established itself as a leading provider of decentralized law enforcement solutions for commercial and government users. The technology powers $JTC, a court-linked Bitcoin ($BTC) fork with the unique ability to chargeback unauthorized transactions. Jurat technology enables seamless integration of blockchain with civil and criminal justice systems, making it attractive to corporations, regulators, and those interested in tokenizing off-chain assets.

ContactCEO Mike KanovitzJuratmike@jurat.io

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

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