The current real-time price of JOC is $0.0461. In the past 24 hours, JOC has traded between $0.0458 and $0.0486, showing strong market activity. The all-time high of JOC is $0.2146, and the all-time low is $0.0343.
From a short-term perspective, the price change of JOC over the past 1 hour is , over the past 24 hours is +0.23%, and over the past 7 days is -4.53%. These figures provide a quick overview of the latest price trends and market dynamics of JOC on LBank.-15.76%
The live price of JOC today is $0.0461, with a current market cap of $0. The 24-hour trading volume is 112K. The price of JOC to USD is updated in real time.
Before deciding whether to buy or sell JOC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s JOC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for JOC.
How much will JOC be worth tomorrow, next week, or next month in ? What about your JOC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! JOC Price Prediction
To learn more about JOC, consider exploring other resources such as the whitepaper, official website, and other published information:
Japan Open Chain (JOC) is an Ethereum-compatible Layer 1 public blockchain optimized for business applications. It utilizes the Proof of Authority (PoA) consensus mechanism to balance decentralization with high scalability and transaction efficiency. JOC aims to provide a reliable and compliant platform for various projects, especially those requiring adherence to Japanese law, supporting the issuance of NFTs, tokens, and stablecoins.
JOC employs the Proof-of-Authority (PoA) consensus algorithm. This mechanism offers significant benefits like superior scalability, high transaction speeds, and reduced costs compared to Proof of Stake (PoS) or Proof of Work (PoW). PoA ensures full compatibility with Ethereum while leveraging trusted Japanese companies as validators. This approach enhances reliability, ensures compliance with Japanese law, and makes JOC a practical solution for business-focused blockchain applications.
While fully Ethereum-compatible, JOC fundamentally differs by using Proof of Authority (PoA) instead of Ethereum's Proof of Stake (PoS). This results in significantly faster transactions and lower fees on JOC. A key distinction is JOC's approach to decentralization; it's less decentralized than the Ethereum mainnet due to a limited number of trusted Japanese organizations acting as validators. This design choice, however, enhances legal security and practicality for business use cases within the Japanese regulatory framework.
Japan Open Chain (JOC) offers impressive transaction capabilities. It can process thousands of transactions per second for native token transfers and hundreds of smart contract executions per second. This makes JOC significantly faster and more cost-efficient for users and developers compared to the Ethereum mainnet, addressing a common pain point in blockchain adoption.
The JOC Coin, officially named the Japan Open Chain Token, is the native cryptocurrency of the Japan Open Chain blockchain. Its primary utility is to pay gas fees for all network transactions. This includes costs associated with remittances, the issuance of non-fungible tokens (NFTs), and the deployment and execution of smart contracts.
The Japan Open Chain (JOC) project collaborates with a broad network of major domestic and international companies, technology firms, and global community partners. Significant organizations like Sony Group, NTT Group, and Dentsu Group serve as validators. This extensive partnership ecosystem underpins JOC's development, operation, and its strategic positioning within the blockchain space.
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