Dubai, United Arab, December fifth, 2023, Chainwire
In a daring transfer that redefines the blockchain panorama, WOW EARN pronounces the launch of its modern WOW EARN Chain, now working as a Layer 1 blockchain. This vital technological development positions the WOW EARN Chain on the forefront of blockchain innovation, providing unmatched effectivity, world accessibility, and a set of distinctive options.
Serving to builders in any respect levels of improvement, WOW EARN Chain’s mission goes past being only a public chain. It focuses on discovering and supporting modern, high-potential builders and initiatives. WOW EARN chain will constantly enhance the effectivity of Ethereum, offering supplementary growth and assist for the Ethereum ecosystem.
By leveraging WOW EARN’s complete web3 ecosystem, the chain goals to change into the birthplace of modern applied sciences and companies, establishing an entire cycle of expertise improvement, software promotion, and environment friendly transactions.
Key Highlights of WOW EARN Chain
- Strategic Shift to Layer 1: By constructing a Layer 1 blockchain, WOW EARN Chain has enhanced its core infrastructure, providing a extra strong and scalable basis for blockchain purposes. This shift signifies a dedication to offering a high-performance platform able to supporting the rising calls for of the blockchain neighborhood.
- Low Transaction Charges with WOW coin: Emphasizing financial accessibility, the WOW EARN Chain options extraordinarily low transaction charges, with transactions being processed for as little as 100 WOW. This strategy makes blockchain participation extra inexpensive, encouraging a wider adoption amongst customers and builders.
- World Node Deployment for Enhanced Connectivity: Recognizing the significance of a worldwide presence, WOW EARN Chain has strategically deployed official nodes throughout key areas, together with Asia-Pacific, Australia, Europe, and the Americas. This expansive community ensures that builders world wide can take pleasure in high-speed and dependable community connectivity, facilitating seamless blockchain experiences.
- Distinctive Present Restrict for Excessive-Quantity Processing: With a powerful present restrict of 100 qps, considerably surpassing the standard 5 qps provided by different public chains, WOW EARN Chain units a brand new customary in transaction processing. This functionality is pivotal for purposes requiring excessive transaction throughput, providing an environment friendly and dependable platform for numerous blockchain use circumstances.
- Modern Hybrid Proof of Stake (HPoS) Consensus Mechanism: The WOW EARN Chain employs the HPoS consensus mechanism, mixing the advantages of Proof-of-Fairness (PoE) and Proof-of-Stake (PoS). This hybrid mannequin ensures a steadiness between safety, pace, and cost-effectiveness, decreasing transaction prices whereas sustaining aggressive transaction speeds.
- Ethereum Digital Machine (EVM) Compatibility for Seamless Integration: Persevering with its alignment with Ethereum, WOW EARN Chain helps EVM compatibility, enabling builders to create and deploy decentralized purposes (dApps) with ease. This compatibility facilitates seamless integration with the broader Ethereum ecosystem, enhancing the chain’s utility and attraction.
- Cross-Chain Performance for Expanded Attain: The WOW EARN Chain shouldn’t be restricted to its native capabilities; it extends its attain via integration with 10 various blockchain chains, reminiscent of Base, OkEX, Velas, and ZkSync. These integrations are rigorously chosen to reinforce numerous points of the chain, from liquidity and safety to scalability and transaction effectivity.
- Empowering Builders with Sources and Help: Understanding the essential position of builders within the blockchain ecosystem, WOW EARN Chain is dedicated to offering intensive assist and assets. This consists of particular funds for high-potential initiatives, internet hosting developer-centric actions, and fostering a collaborative surroundings for innovation and development.
Advancing the Blockchain Trade with WOW EARN Chain
“The WOW EARN Chain shouldn’t be merely a technological leap; it is a complete blockchain answer designed to empower builders, streamline transactions, and broaden the worldwide attain of blockchain expertise,” says Yara, VP of Advertising and marketing at WOW EARN. “Our transition to Layer 1, coupled with our dedication to offering a high-speed, economically accessible, and developer-friendly platform, marks a brand new chapter in blockchain evolution.”
The chance to change into a validator is open to any participant within the community. Ought to a person’s stake rank throughout the Prime 21, they ascend to the position of an lively validator for the forthcoming interval.
The operational dynamics of lively validators are ruled by a set of pre-established guidelines, beneath which they sequentially partake within the block packaging course of. When a validator doesn’t fulfill their block packaging responsibility inside their designated time slot, different validators who’ve been much less lively within the current cycle (particularly these not taking part within the final half of the blocks) are randomly chosen to execute this process. It’s crucial {that a} minimal of half the variety of validators, plus one, are functioning to make sure the sleek and uninterrupted operation of the blockchain.
About WOW EARN
As a number one innovator within the blockchain house, WOW EARN is devoted to connecting customers with decentralized alternatives in mining, incomes, and buying and selling. Following its strategic transfer to Layer 1 and a profitable $30 million Collection A funding spherical, WOW EARN is well-positioned to drive vital developments within the DeFi ecosystem.
For additional info, go to WOW EARN’s: Official Web site | Twitter | Telegram | Discord | Medium
Yara G
WOW EARN
[email protected]