Jurat Launches Layer-1 Mined by Attorneys

PRESS RELEASE. A radical of attorneys and blockchain engineers are gathering a caller Bitcoin fork blockchain utilizing an emerging ineligible enforcement protocol that bridges the blockchain to authorities and national courts. Called Jurat, the protocol enables capabilities similar freezing disputed coins oregon recovering stolen coins aft a hack, each nether the auspices of the justness system. The autochthonal coin of the caller fork is called $JTC.

The superior objectives for the caller blockchain are to guarantee robust user extortion for cryptocurrency users and supply on-chain enforcement for ineligible rights afforded successful commercialized transactions, spot transfers, and the banking system.

The $JTC token is owed to beryllium listed connected exchanges successful the adjacent future. At this time, $JTC mining is unfastened for licensed attorneys successful each jurisdictions and whitethorn beryllium made disposable to bequest Bitcoin miners successful the future.

Attorneys Line Up To Participate

To commencement the process for becoming a $JTC miner, attorneys should implicit the mining accusation petition form, disposable connected Jurat’s website.

$JTC miners person $JTC tokens arsenic compensation for supporting the web and helping tribunal rulings to execute on-chain. Mining with Jurat besides offers attorneys the accidental to go amended acquainted with the exertion underlying blockchain transactions and enactment successful a much legally compliant Web3.

Mining by Non-Attorneys

Mining applications for Jurat are presently unfastened to licensed attorneys only. Jurat whitethorn grow to see bequest Bitcoin miners successful the future.

How to get $JTC

$JTC forked astatine Bitcoin artifact tallness 717808, which occurred connected January 8, 2022. All addresses that contained $BTC arsenic of that artifact received $JTC astatine a 1:1 ratio to their $BTC and tin assertion the coins utilizing the Jurat Wallet, which is disposable for Android (Play Store), IOS (App Store), Windows (Jurat.io), and Mac (Mac App Store).

Currently, $JTC cannot beryllium bought connected exchanges but volition beryllium listed soon. l

Why Does Blockchain Need Jurat?

Jurat was founded by Mike Kanovitz, a spouse astatine Loevy & Loevy successful Chicago, USA, who works successful Web3 and accepted civilian litigation. He conceived of Jurat arsenic a means to supply user extortion successful the crypto abstraction aft seeing galore clients victimized by fraud and theft.

“Witnessing radical suffer their hard-earned savings to hackers and phishing scams lone to beryllium near with nary ineligible recourse inspired maine to make Jurat. “said Mike Kanovitz, Jurat CEO and co-founder.

After creating the protocol and proving that ineligible rights could beryllium enforced on-chain without sacrificing the benefits of decentralization, Kanovitz recognized that the exertion could assistance marque blockchains safer and much usable for mainstream commercialized transactions.

“Blockchain exertion has the imaginable to payment consumers and businesses successful countless ways, but the lack of an effectual furniture for enforcing ineligible rights prevents it from achieving mainstream adoption,” helium said.

The $JTC Bitcoin fork uses Jurat to connection the unsocial quality to retrieve integer assets and frost accounts associated with illicit activities. The protocol tin supply ineligible recourse for users without involving intermediaries oregon plus custodians portion maintaining the afloat decentralization of the network. There are 4 steps to the process:

1. A $JTC idiosyncratic who needs ineligible recourse due to the fact that of on-chain crime, a mistaken transaction, oregon mislaid backstage keys tin make a Jurat petition ID done the Jurat UI. The Jurat ID is simply a drawstring of characters that specifies the transaction that the claimant wants the tribunal to order. For example, a transaction to nonstop coins from a scammer’s wallet backmost to the existent owner. Armed with the ID, the idiosyncratic tin bring the substance to court.
2. After filing a case, the idiosyncratic provides the ID to the court. If the justice agrees with the lawsuit, they signify this to Jurat blockchain nodes by including the ID successful their written sentiment and placing it connected the court’s nationalist docket.
3. Once connected the nationalist docket, specialized nodes tin entree the court’s sentiment and admit the Jurat ID. The codification informs the nodes that the justice has ruled and what transaction the justice has ordered.
4. Each miner past verifies the tribunal order, similar verifying a backstage cardinal signature. The process is automatic and does not necessitate immoderate intermediaries.

$JTC has already been utilized unrecorded successful court. Recently, a US national justice considered the cryptocurrency accounts of respective sanctioned individuals, including a wallet belonging to North Korean state-sponsored hackers called the Lazarus Group. The tribunal ordered the hackers’ accounts frozen, and the Jurat nodes executed the tribunal orders automatically and seamlessly, preventing the hackers from spending the $JTC successful the sanctioned accounts.

Jurat miners are rewarded for maintaining the blockchain with $JTC rewards.

Building Legal3 With Jurat

The occurrence of Jurat exertion successful the lawsuit brought against the Lazarus group, and others is an aboriginal measurement successful Jurat’s broader extremity of introducing a ineligible basal furniture for each transaction successful Web3.

Jurat volition proceed to adhd caller attorneys to its mining cognition arsenic the $JTC motorboat day draws person and encourages each attorneys who person a passionateness for justness connected the blockchain to apply.

Join the Jurat communities connected Telegram & Discord to support updated with the latest Jurat news.

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