- WAX is a purposebuilt blockchain and protocol token designed to make ecommerce transactions faster, easier, and safer for all participants. - The WAX Blockchain uses Delegated Proof of Stake DPoS as its consensus mechanism and is fully backward compatible with EOS. - The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchains usability in ecommerce, and encourage voting on guilds and proposals.WAX has created a suite of blockchainbased tools upon which dApps, marketplaces, and native nonfungible tokens #NFTs are built. - These tools include services to support ecommerce operations such as the WAX #cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal. - The resulting technology reportedly represents a blockchain architecture with 500 millisecond block times, is feeless for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals.
Summary of the coin WAX
market value (Market Capital) Ranked 306
Current Price: 0.04 $USD (-1.20%) highest price statistics: 2.77 $USD total number of coins(Supply): 3,770,303,327.00 coin circulated (Circulated): 3,450,010,259.00 coin
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