WAX (WAX) logo
WAX (WAX) logo

WAX (WAX) Price and Reviews

Expert Review
May 23, 2020

WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.

WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce 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 fee-less for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals.

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User reviews
Keith 31 March, 4:34 PM
5.0

I use WAX for day trading

Related news
Site: wax.io
Market cap: $ 0.0
Supply: 0.0
Price (USD): $ 0.446
Volume 24h: $ 2,224.85475
Change 24h: 17.32%
WAX (WAX) logo

WAX (WAX) Price and Reviews