Cryptocurrency Q&A
When was WAX blockchain created?
When was WAX blockchain created?
DigitalWarrior
Sat Oct 26 2024
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5 answers
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WAX blockchain was created in 2017 by William E. Quigley and Jonathan Yantis. It was designed to facilitate faster, safer, and simpler e-commerce transactions, particularly for game-based item trading. The project held its Initial Coin Offering (ICO) in November 2017.
5 answers
CrystalPulse
Mon Oct 28 2024
Its core mission is to revolutionize e-commerce transactions, aiming to enhance their efficiency, simplicity, and security for all stakeholders.
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MountFujiVista
Mon Oct 28 2024
WAX (WAXP) represents a specialized blockchain platform, initially introduced in 2017.
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Stefano
Sun Oct 27 2024
The innovative technology employed by WAX involves a delegated proof-of-stake (DPoS) consensus mechanism.
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SejongWisdomKeeperEliteMind
Sun Oct 27 2024
This mechanism is designed to ensure the smooth operation and trustworthiness of the blockchain network.
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Raffaele
Sun Oct 27 2024
Notably, the WAX blockchain is fully compatible with EOS, expanding its potential and usability.
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