WAX (WAXP) Price
$0.01356 0.13%
Latest Updates
Updated at 20:58Market cap
$60,680,129.23
Market rank
#455
Volume 24H
$3,143,102.76 25.97%
Price change 24h
+$0.00002 0.13%
Price change 7d
-$0.00101 7.48%
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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