/biz/ - Business & Finance

>>8756293
The volatility of the token was the issue behind jCash and it's why as for now jCash will not also be backed by JNT. They are trying to solve this by increasing the utility of JNT in other areas through jNode, jSearch, jClear etc. but I personally fail to see how it will make enough of an impact. The most likely scenario IMO is that they will move onto their own dedicated blockchain, de-couple JNT from ETH and BTC and just trade JNT against fiat. It would certainly remove a hell of a lot of the volatility but I guess we'll see.

But yes, the volatility is the main issue and it's what they are trying to solve.

>>8756425
I'm not familiar with TrustToken so I can't really comment on the differences.

>>8743504
I'm not quite sure why you guys are freaking out just yet about the recent changes when we barely know how they are being implemented, how it will impact their long-term goals etc. Just wait for the medium post to better explain things in detail and if you still feel uneasy at that point, it makes sense to be worried. But IMO, we know too little atm about the changes to make an informed decision one way or the other (sell or hold)...