WAX (WAX) Price Awakens amid Talks of Faked Transaction Volumes

0
© Reuters. WAX (WAX) Price Awakens amid Talks of Faked Transaction Volumes © Reuters. WAX (WAX) Price Awakens amid Talks of Faked Transaction Volumes

WAX (WAX) suddenly rose to the top of the Blocktivity chart, with roughly ten times as many transactions as (BTC). The token’s transaction volume claimed a record of 5,090,573 transactions in 24 hours, still far from the records of and other networks, but enough to draw attention to the project.

WAX, a startup aiming to link crypto assets and e-commerce, is indeed a token designed for continuous transactions. The high level of transactions is due to the decision of WAX to move away from the network and launch its beta version blockchain based on the technology of EOS. The EOS code, which shares similarities with BitShares and Steem, allows for transactions that reflect messages, but not necessarily transfers of value. The transactions on the W…

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.