WOW EARN unveils layer 1 blockchain that redefines efficiency and global accessibility

adminDecember 5, 2023

Dubai, United Arab Emirates, December 5, 2023, Chainwire

In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of the revolutionary WOW EARN Chain, now operating as a layer 1 blockchain. These significant technological advancements place WOW EARN Chain at the forefront of blockchain innovation, offering unparalleled efficiency, global accessibility, and a series of unique features.

WOW EARN Chain’s mission to help developers at every stage of development is more than just a public chain. We focus on discovering and supporting innovative, high-potential developers and projects. The WOW EARN chain will continue to improve the efficiency of Ethereum by providing complementary expansion and support for the Ethereum ecosystem.

By leveraging WOW EARN’s comprehensive web3 ecosystem, the chain aims to become the birthplace of innovative technologies and businesses, building a complete cycle of technology development, application promotion, and efficient transactions.

Key Features of WOW EARN Chain

Strategic Shift to Layer 1: WOW EARN Chain has strengthened its core infrastructure by building a layer 1 blockchain, providing a more robust and scalable foundation for blockchain applications. These changes signal our commitment to providing a high-performance platform that can support the growing needs of the blockchain community.
Low transaction fees with WOW Coin: Emphasizing economic accessibility, the WOW EARN chain features extremely low transaction fees and transactions are processed for as little as 100 WOW. This approach makes blockchain participation more affordable and encourages broader adoption among users and developers.
Global node deployment for improved connectivity: Recognizing the importance of its global presence, WOW EARN Chain has strategically deployed official nodes in key regions including Asia Pacific, Australia, Europe, and the Americas. This vast network ensures that developers around the world enjoy high-speed, reliable network connectivity, facilitating a seamless blockchain experience.
Excellent current limiting for high throughput: WOW EARN Chain sets a new standard in transaction processing with an impressive current limit of 100qps, far exceeding the typical 5qps offered by other public chains. This functionality is pivotal for applications requiring high transaction throughput and provides an efficient and reliable platform for a variety of blockchain use cases.
Innovative Hybrid Proof-of-Stake (HPoS) consensus mechanism: The WOW EARN chain uses the HPoS consensus mechanism, which blends the benefits of Proof of Stake (PoE) and Proof of Stake (PoS). This hybrid model ensures a balance between security, speed, and cost-effectiveness, reducing transaction costs while maintaining competitive transaction speeds.
Ethereum Virtual Machine (EVM) compatibility for seamless integration: WOW EARN Chain supports EVM compatibility through continuous linkage with Ethereum, allowing developers to easily create and deploy decentralized applications (dApps). This compatibility facilitates seamless integration with the broader Ethereum ecosystem, improving the chain’s usability and attractiveness.
Cross-chain features to expand your reach: WOW EARN Chain is not limited to basic functionality. Expand your reach through integrations with: 10 different blockchain chains including Base, OkEX, Velas, and ZkSync. These integrations have been carefully selected to improve various aspects of the chain, from liquidity and security to scalability and transaction efficiency.
Empower developers with resources and support: WOW EARN Chain understands the important role developers play in the blockchain ecosystem and is committed to providing extensive support and resources. This includes special funding for high-potential projects, hosting developer-focused activities, and creating a collaborative environment for innovation and growth.

Developing the blockchain industry with WOW EARN Chain

“WOW EARN Chain is not just a technological leap. “It is a comprehensive blockchain solution designed to empower developers, simplify transactions, and expand the global reach of blockchain technology.” This is Yara, Vice President of Marketing at WOW EARN. “The move to Layer 1, combined with our commitment to providing a high-speed, economically accessible and developer-friendly platform, opens a new chapter in blockchain evolution.”

The opportunity to become a validator is open to all participants in the network. Individual stake ranking Top 21, They will take on the role of active validators for the coming period.

The operational dynamics of active validators are governed by a set of pre-established rules, according to which they sequentially participate in the block packaging process. If a validator does not fulfill its block packaging obligations within the specified time, another validator that has been less active in the recent cycle (specifically one that did not participate in the last half of the block) is randomly selected to execute this task. To ensure smooth and uninterrupted operation of the blockchain, at least half of the validators and one validator must be operational.

About WOW EARN

As a leading innovator in the blockchain space, WOW EARN is committed to connecting users to decentralized opportunities in mining, earning, and trading. Following its strategic move to Layer 1 and a successful $30 million Series A funding round, WOW EARN is well-positioned to drive significant developments in the DeFi ecosystem.

For more information, visit WOW EARN official website | Twitter | Telegram | discord | middle