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WaykiChain {WICC} notes a slight jump; weekly report published, updates highlighted

WaykiChain is ranked at #138 on coinmarketcap. The price of WICC grew by 2.97% in a span of the past 24-hours. The trading volume recorded is $3.272 million, while the supply has 189,000,000 WICC coins in play. These coins are non-mineable. WICC is priced at $0.156272 in the market. Maximum volume involving these coins hails from Huobi Global, BKEX and CoinTiger, according to the latest data available.

WaykiChain CEO Gordon Gao alongside CTO Richard Chen, Huobi China CEO Yuming Yuan, Huobi Korea Operation Manager Kwanyoung Im and many others were present at the Hackathon held in Korea on 9th and 10th August during the previous week.

Essentially, WaykiChain is based on DPoS consensus algorithms and enables Turing-complete smart contracts. According to their official website, WICC is listed on 67 exchanges across the globe.

This network aims to promote security and decentralization in the market. They can be classified as a “third generation blockchain” similar to Cardano; their performance-rate is reportedly quite high.

A few months ago, WaykiChain and lk.wiki had helped organize “Blockchain Preschool” at the Blockchain R&D Center in ShenZhen, China. If you’d like to read the weekly report in detail, head to this link posted recently.

The WaykiChain dApp was the first smart contract app launched by the developers. DPoS brings about lessened centralization, with democracy and voting. Profits involving HODLers grow, security and efficiency of the chain is heightened.

WICC tokens can be used to power apps on the network. Its operations are reminiscent of the actions of BAT [consumed within the Brave browser]. This is a public chain, thus ensuring transparency for all senders and users. WaykiChain can reportedly process 1000 transactions per second.

The WaykiChain Wallet dApp is responsible for storing and transferring WICC tokens. There is no transfer quota limit associated with the wallet.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.