WAX, a blockchain platform designed for the gaming and digital goods industry, employs a unique consensus mechanism known as Delegated Proof of Stake (DPoS). This approach allows token holders to elect delegates who validate transactions and maintain the network, ensuring efficiency and scalability while promoting community involvement in governance.

What consensus mechanism does WAX use?

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What consensus mechanism does WAX use?

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What is a hardware wallet?

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What is Bitcoin mining and how are new bitcoins generated?

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What are KYC requirements for crypto exchanges?

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