FAQs for W Chain

W Chain is a hybrid blockchain that combines a public Layer 1 and a private Layer 2. It is designed to optimize payments and enterprise applications, providing both scalability and privacy for various use cases.

W Chain employs a Proof of Stake (PoS) consensus mechanism. This model enhances energy efficiency compared to Proof of Work (PoW) by allowing validators to create new blocks and verify transactions based on the amount of cryptocurrency they hold and “stake” in the network. This ensures faster transaction times, lower energy consumption, and increased scalability for the blockchain, making it more suitable for a wide range of financial applications.

W Chain operates as a Layer 1 blockchain, meaning it is a foundational blockchain that forms the base of its ecosystem. It provides the core infrastructure for running decentralized applications (dApps), smart contracts, and other blockchain-related services directly on the network, without relying on any other blockchain for its core functionality. This makes W Chain integral to building and supporting a wide array of financial and digital payment solutions.

W Chain is designed with a hybrid architecture, combining a public Layer 1 PoS chain with a private Layer 2 PoA network. This allows us to provide low-cost, fast transactions on our public chain, while ensuring privacy and efficiency for enterprise applications on our private sidechain.

You can build decentralized applications (dApps), smart contracts, and create custom tokens. Developers can leverage the EVM compatibility to easily port Ethereum-based dApps onto W Chain with minimal changes.

You can participate in staking by becoming a validator or delegating your tokens to a validator. This helps secure the network and earns rewards.

The native coin of W Chain is used for transaction fees, staking, and governance within the network. Once the private chain is live, the coin will additionally be utilised for subscriptions, fees and more.

• Low transaction fees
• Faster transaction finality
• Staking rewards

The public chain uses a Proof of Stake (PoS) consensus mechanism that ensures energy-efficient block validation, and our network undergoes regular security audits. Validators are incentivized to act honestly through staking, which helps maintain network integrity.

Our governance model is decentralized, meaning token holders have the right to vote on key decisions such as network upgrades, feature additions, and proposals for protocol changes.

Yes, popular Ethereum wallets like MetaMask are supported.
You simply go to your < Network Settings > to connect to >.