WAX (WAXP) Price
$0.01974 1.22%
Latest Updates
Updated at 09:13Market cap
$87,831,964.21
Market rank
#391
Volume 24H
$2,794,658.86 5.15%
Price change 24h
+$0.00024 1.22%
Price change 7d
-$0.00011 0.55%
What about Wax?
WAX (WAXP), a purpose-built blockchain introduced in 2017, is intended to make e-commerce transactions faster, easier, and safer for all parties. Delegated Proof-of-Stake, often referred to as DPoS, serves as the consensus algorithm for the WAX blockchain.
In order to maximize the blockchain's utility specifically for usage in e-commerce and to promote voting on ideas, WAX created custom features and incentive mechanisms, representing a set of blockchain-based tools on top of which non-fungible tokens and decentralized application (dApp) markets can be established.
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