WOW EARN: A high-performance public chain based on EVM-compatible Layer 1, has integrated 10 networks including Base and OKChain
WOW EARN aims to change the game by providing compatibility with the Ethereum Virtual Machine (EVM) and is committed to becoming a high-performance public chain. In addition, WOW EARN integrates 10 well-known networks such as Base, OkChain, and ZkSyn to enhance liquidity and security.In the increasingly competitive landscape of public chains, WOW EARN has officially launched, aiming to change the game by providing compatibility with the Ethereum Virtual Machine (EVM) and is committed to becoming a high-performance public chain. Additionally, WOW EARN integrates 10 well-known networks such as Base, OkChain, and ZkSyn to enhance liquidity and security.
As an EVM-based network, WOW EARN supports smart contracts on Ethereum and has the capability to handle high-performance transactions, processing over 2000 transactions per second, with an average block creation time of 3 seconds.
The native token of WOW EARN is WOW, which adopts a hybrid proof of stake (HPoS) consensus mechanism to reduce transaction costs, increase transaction speed and competitiveness, while minimizing transaction confirmation times.
Furthermore, the WOW EARN chain will continue to improve Ethereum's efficiency by integrating Layer 1 scaling solutions, aiming to promote the development and enhancement of the Ethereum ecosystem by providing additional support.
Currently, WOW EARN supports various cryptocurrency wallets, including WOW EARN Wallet, Metamask, TokenPocket, and more.
EVM-Based High-Performance Public Chain WOW EARN
WOW EARN is not just a blockchain; it leverages the powerful capabilities of the Ethereum Virtual Machine (EVM) to provide an ideal environment for developers looking to build robust, high-performance blockchains.
By combining unique features such as EVM compatibility, high transaction processing capacity, and innovative consensus mechanisms, WOW EARN offers more possibilities for blockchain networks and developers.
WOW EARN also integrates 10 blockchains, such as Base, OkChain, Velas, and ZkSyn, to achieve goals like improving liquidity, cross-chain transactions, and providing an additional layer of security.
Advantages of the WOW EARN Chain
Low Transaction Fees and Fast Transaction Speed
The WOW EARN chain can process over 2000 transactions per second, with an average block creation time of just 3 seconds, and transaction fees are low, requiring only 100 WEI to complete packaging.
Innovative Consensus Mechanism
The hybrid proof of stake (HPoS) consensus mechanism is not only a way to validate transactions but also a strategy for long-term sustainability. With advantages such as low transaction costs, minimal latency, and high transaction concurrency, HPoS creates an environment where both miners and users can thrive. It supports up to 21 validators, ensuring a decentralized and efficient validation process.
Sustainable Economic Model
WOW is the native token of WOW EARN, used as transaction fees, and incentivizes miners through a staking-based reward system. A self-sustaining economic cycle has formed within the WOW EARN ecosystem.
Cross-Chain Capability
The cross-chain bridge feature of WOW EARN allows it to operate alongside other major blockchains, enabling assets like BTC, ETH, and stablecoins to be mapped onto the WOW EARN chain, enhancing liquidity. Additionally, WOW EARN supports meta-transaction functionality, allowing users to gradually reduce the required transaction fees, which are covered by the WOW EARN network, playing a role in lowering the migration costs of applications.
The WOW EARN chain creates a high-quality network environment for project developers and ecosystem participants, characterized by:
Official nodes deployed globally: The WOW EARN chain has established official nodes worldwide, ensuring developers can access good network speed from anywhere.
Extremely high rate-limiting capacity: Compared to other public chain nodes, which typically have an official rate limit of around 5 queries per second (QPS), the WOW EARN chain's rate-limiting capacity reaches 100, significantly enhancing processing capability and performance.
Low threshold for staking: The WOW EARN chain has set low staking requirements, allowing more participants to easily engage in the ecological construction of the chain.
With these features, the WOW EARN chain provides an optimized network environment for project developers and ecosystem participants, enabling them to more conveniently develop and participate in the WOW EARN ecosystem.
WOW EARN's Ecosystem Incentive Program
To support developers within the WOW EARN ecosystem, the project will allocate special funds aimed at investing in, supporting, and incentivizing those who demonstrate significant potential. WOW EARN has also stated that it will host various events and competitions for developers to discover quality projects and provide funding support.
WOW EARN has also implemented the WOW EARN Fund Program, which will provide resources to promising developers and help them establish mutually beneficial partnerships with partners in the WOW EARN ecosystem.
How to Become a Validator on the WOW EARN Chain?
Currently, the maximum number of validators on the WOW EARN network is 21.
The first step to becoming a WOW EARN validator is to submit a proposal and obtain approval votes from the currently active validators. When more than half of the validators cast affirmative votes, the candidate validator becomes eligible to become a validator. Additionally, any address can stake tokens to ensure becoming a validator. If the validator's stake ranks in the top 21, they will be recognized as a validator. This validator will be recognized as an active validator in the next round.
All active validators will be ranked according to established rules and will take turns bearing the responsibility of block creation. If a validator fails to create a block within the specified time during a round, another will randomly take over the block creation task. This ensures that at least one validator is always operational to maintain the smooth operation of the network.
About WOW EARN
WOW EARN connects users with blockchain, providing a decentralized mechanism for mining, revenue generation, and trading. This startup's mining model allows anyone to participate in the mining process, becoming a key player in driving the DeFi ecosystem.
In early June, WOW EARN announced the successful completion of its Series A funding round, raising $30 million, approximately 4.516 trillion Indonesian Rupiah, with investors including Pinnacle Innovations Capital, Blue Horizon Ventures, Ascendant Growth Partners, Nexus Pioneers Capital, and Quantum Leap Ventures.
For more information about WOW EARN, please visit the website
