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JTC
The JTC Blockchain ledger mirrors the BTC ledger as of Block Height 717808, which occurred on January 8, 2022. So, if you owned BTC, you also owned JTC 1:1 with your BTC.
JTC Network is a fork of the Bitcoin Network and it follows the same tokenomics and release schedule. The fork occurred at Bitcoin block heigh 717808 (January 8, 2022). All BTC addresses with non-zero balances as of that block are mirrored on JTC Network and contain $JTC 1:1 with their $BTC holdings at that time.
Since the fork, new JTC coins have been issued in the same manner as BTC, i.e., only as a mining award. JTC also follows the same issuance rate as BTC, which was 6.25 coins per block as of the fork, and which will follow the same halving algorithm as BTC (i.e. cutting in half every 210,000 blocks). There is no inflation or other form of issuance. The mining award process will continue until the total 21 million JTC have been mined. This is a hard cap on the number of JTC which will ever be in existence.
There was no pre-mine or other token generation event for JTC.
Ordinals
JTC Ordinals are like NFTs but with built-in legal protection capabilities. In instances where a tokenized asset is stolen from the owner's wallet, Jurat’s legal recourse technology can be used to recover the asset through the courts. It can also help enforce the licensing rights of artists who use JTC ordinals to mint and trade their work.
You can mint an ordinal by creating a Jurat wallet, topping it up with a sufficient amount of $JTC, visiting the JTC ordinal minting page, completing all the required steps, and paying the transaction fee. Read our How To Mint Ordinals guide for a step-by-step guide to minting JTC ordinals.
Creating ordinals through Jurat's service is priced at 0.01 JTC. The 0.01 price is exclusive to Jurat's official website; other service providers may charge more or less.
The best way to find out if your JTC ordinal has been minted is to visit the Jurat block explorer. Copy your transaction ID or your Jurat wallet address into the explorer’s search bar to find confirmation of your JTC ordinal transaction.
Remember that transactions on the blockchain are immutable, so if you follow the minting steps correctly, your Ordinal will be safely stored in your wallet.
Jurat Block Explorer
A blockchain explorer is a website or tool that allows you to browse and analyze the transactions of a specific cryptocurrency or blockchain network. It provides insights into amounts, addresses, blocks, and other relevant data.
The main types of information users can access on the blockchain explorer are:
- Transaction details: Transaction hash, sender address, receiver address, amount transferred, transaction fee, timestamp, block number
- Address information: Transaction history, balance, token holdings
- Block details: Block hash, block number, timestamp, transactions included, previous block hash
There is a separate explorer for JTC Ordinals, which provides a host of information about each NFT.
The best way to check a transaction is to use the Jurat block explorer. Copy and paste your transaction ID into the explorer’s search bar to find all the information related to the transaction, including who sent it, who received it, and when it was confirmed on-chain.
- Access the Jurat Explorer:
Visit the Jurat Explorer. - Locate the Transaction Search Bar:
Jurat Explorer provides a prominent search bar located on the main page, where you'll enter the parameters to track your transactions. - Search Using Transaction Hash:
The most precise way to locate a specific transaction is by using its transaction hash. The transaction hash is a unique identifier for each transaction, typically a long string of alphanumeric characters.
Copy the transaction hash from your wallet or transaction history and paste it into the search bar. Jurat Explorer will instantly display the corresponding transaction details. - Search Using Sender or Receiver Address:
If you have the sender or receiver address, you can use it as a search parameter to find all transactions associated with that address. Enter the address into the search bar, and Jurat Explorer will display a list of relevant transactions.
JTC Airdrop
Participants were required to complete a series of airdrop campaign tasks. Those who did so in the predetermined time frame were made eligible to be selected for a monthly 0.1 JTC airdrop for 10 months beginning approximately 1 month after $JTC’s initial exchange listing on BitMart, which took place in January 2024.
Yes, there is a vesting period. The 1 $JTC reward is distributed over a 10-month period in batches of 0.1 $JTC monthly.
Visit the $JTC Traders Challenge & Esquire’s Airdrop Competitions terms & conditions page.
Participants had to be at least 18 years old or of legal age in their jurisdiction. However, several legal restrictions could limit someone's right to participate. Read the full terms & conditions for more information. The airdrop campaign is now closed.
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