Dubai, United Arab, December fifth, 2023, Chainwire
In a daring transfer that redefines the blockchain panorama, WOW EARN proclaims the launch of its progressive 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 collection of distinctive options.
Serving to builders in any respect levels of growth, WOW EARN Chain’s mission goes past being only a public chain. It focuses on discovering and supporting progressive, high-potential builders and tasks. WOW EARN chain will constantly enhance the effectivity of Ethereum, offering supplementary growth and help for the Ethereum ecosystem.
By leveraging WOW EARN’s complete web3 ecosystem, the chain goals to turn out to be the birthplace of progressive applied sciences and companies, establishing a whole cycle of expertise growth, 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 sturdy and scalable basis for blockchain functions. This shift signifies a dedication to offering a high-performance platform able to supporting the rising calls for of the blockchain group.
- 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.
- Global Node Deployment for Enhanced Connectivity: Recognizing the significance of a world 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 get pleasure from high-speed and dependable community connectivity, facilitating seamless blockchain experiences.
- Distinctive Present Restrict for Excessive-Quantity Processing: With a formidable present restrict of 100 qps, considerably surpassing the standard 5 qps provided by different public chains, WOW EARN Chain units a brand new commonplace in transaction processing. This functionality is pivotal for functions requiring excessive transaction throughput, providing an environment friendly and dependable platform for varied blockchain use instances.
- Progressive 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, velocity, 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 functions (dApps) with ease. This compatibility facilitates seamless integration with the broader Ethereum ecosystem, enhancing the chain’s utility and enchantment.
- Cross-Chain Performance for Expanded Attain: The WOW EARN Chain isn’t restricted to its native capabilities; it extends its attain by way of integration with 10 numerous blockchain chains, similar to Base, OkEX, Velas, and ZkSync. These integrations are fastidiously chosen to reinforce varied points of the chain, from liquidity and safety to scalability and transaction effectivity.
- Empowering Builders with Assets and Assist: Understanding the vital function of builders within the blockchain ecosystem, WOW EARN Chain is dedicated to offering in depth help and assets. This contains particular funds for high-potential tasks, internet hosting developer-centric actions, and fostering a collaborative atmosphere for innovation and development.
Advancing the Blockchain Business with WOW EARN Chain
“The WOW EARN Chain is not merely a technological leap; it’s a comprehensive blockchain solution designed to empower developers, streamline transactions, and expand the global reach of blockchain technology,” says Yara, VP of Advertising and marketing at WOW EARN. “Our transition to Layer 1, coupled with our commitment to providing a high-speed, economically accessible, and developer-friendly platform, marks a new chapter in blockchain evolution.”
The chance to turn out to be 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 function of an lively validator for the forthcoming interval.
The operational dynamics of lively validators are ruled by a set of pre-established guidelines, below which they sequentially partake within the block packaging course of. When a validator doesn’t fulfill their block packaging obligation inside their designated time slot, different validators who’ve been much less lively within the latest cycle (particularly these not taking part within the final half of the blocks) are randomly chosen to execute this activity. It’s crucial {that a} minimal of half the variety of validators, plus one, are functioning to make sure the graceful and uninterrupted operation of the blockchain.
About WOW EARN
As a number one innovator within the blockchain area, 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 Sequence A funding spherical, WOW EARN is well-positioned to drive vital developments within the DeFi ecosystem.
For additional data, go to WOW EARN’s: Official Website | Twitter | Telegram | Discord | Medium
Yara G
WOW EARN
[email protected]
