Pioneering Korean blockchain gaming giant WEMADE today announced a strategic alliance by signing an MOU with London-based Metaverse engine developer Metagravity. The alliance will help bring to life WEMADE CEO Jang Hyun-guk’s vision of building an experience people can enjoy by playing a well-made game and a vast platform that could connect everything.
Latest Fintech News: ASA Launches New Form of Open Banking in 2022, Empowering Customers with Control over their Data and Finances
WEMIX3.0 is a high-performance EVM-compatible open source protocol powered by SPoA(Stake-based Proof of Authority) consensus algorithm which is secured by 40 decentralized authority nodes operated by highly-qualified global partners as well as on-chain community DAO (Decentralized Autonomous Organization). It is designed to be a robust and efficient platform-driven & service-oriented public blockchain home to innovative projects and applications built by the community for the world. WEMIX3.0 resolves the ‘Blockchain Trilemma’ by maintaining the balance between decentralization, security, and scalability by implementation of variable total gas fee formula based on the EIP-1559, the 40 WONDERS(WEMIX On-chain Network of Decentralized Ecosystem Regulators) also known as the node council partners, and 4,000 TPS throughput with a 1 second block interval.
Latest Fintech News: American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses
[To share your insights with us, please write to sghosh@martechseries.com]
