Wethio Platform

Exploring about Wethio

Wethio is an advanced, scalable blockchain technology-based platform equipped with Proof-of-Stake Voting (PoSV) consensus mechanism and available for use for by companies globally for commercial purposes. Wethio Blockchain platform is capable of providing 2000 TPS speed, 2-second block-time, and ~$0 gas fees while without compromising the foundational concept of decentralization.

We are on the quest to expedite the onboarding of millions of users globally by engineering and empowering applications with emerging technology for masking the friction created with Blockchain, while also sustaining its underlying benefits.

The Wethio blockchain and product ecosystem enable a range of audience sections like entrepreneurs, enterprises, and institutions to develop feature-rich blockchain projects with high-performance via an enhanced EVM-compatible platform. Wethio provides a diverse range of features and protocols, built to fulfill requirements users, like speed, usability, privacy, and liquidity all under one holistic platform.

A performance layer that provides high transaction speed (TPS) without affecting the decentralized state of the ecosystem has been used to build Wethio. Additionally, it uses the Proof of Stake Voting consensus mechanism. The consensus provides an incentive to all Wethio token-holders and enables them to take part in staking across a network of 150 high-quality Masternodes. It also enables them to monitor their performance and governance actively. WethioMaster, the staking-governance dApp, is one of the recognized and emerging staking platforms in the industry.

In the technical paper, you can read about how Wethio proposes the use of the Proof-of-Stake Voting (PoSV) consensus. Being a PoS-based blockchain, the consensus protocol facilitates a fair voting technique, strengthened security guarantees, and uniform probability and eventuality. The consensus offers the following key features:

  • Double Validation for strengthened security and reduced risk of the creation of a blockchain fork

  • Randomization to ensure security and prevent handshaking attacks

  • Finality with fast confirmation time and efficient checkpoints