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Whive Protocol priceWHIVE
This is a preview page.
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
Do you own this project?
- Total supply
- 100M WHIVE
- Self-reported circulating supply
- 52.82M WHIVE
Max. supply
--
Whive Protocol community
FAIR LAUNCH
Launched on 02/02/2020, Whive is an open-source, peer-to-peer DEPIN (Decentralized Physical Infrastructure Network) that utilizes CPU-based mining to promote the adoption of green energy through trustless, decentralized rewards. As an Auxiliary-chain (AuxChain) of Bitcoin, Whive extends Bitcoin’s blockchain with a secure proof-of-work (PoW) consensus algorithm, Yespower, optimized for low-power CPU devices. This design particularly benefits regions with abundant solar energy, making it accessible for sustainable and renewable energy projects.
TOKENOMICS
Whive, the native coin of the protocol, facilitates transactions within the DEPIN ecosystem. Currently, around 45 million Whive coins are in circulation, out of a maximum supply of 100 million. The protocol was fair-mined by a global community during its launch in 2020, with a focus on resisting ASIC and mid-scale GPU mining. This ensures that the mining process remains decentralized, favoring smaller CPU setups that align with the goal of fostering sustainable and distributed computing.
COMMUNITY USECASES
The Whive protocol supports the creation of decentralized energy markets, particularly for solar energy, through the development of "crowd-grids." One prominent use case is the Melanin Smart-Box (MSBX), which employs the Whive protocol for efficient, transparent peer-to-peer energy trading. The MSBX, along with the Melanin Click script, allows for Whive mining while simultaneously operating Bitcoin, Lightning, and Whive nodes, effectively converting solar energy into digital assets. Reference Site: www.melanin.solar
DIS-INFLATIONARY MINING
Whive adheres to a disinflationary mining policy similar to Bitcoin, with block rewards halving every four years until the maximum supply of 100 million coins is reached. This policy is designed to enhance the scarcity and value of Whive as demand and utility within the ecosystem grow.
UPGRADES
In July 2023, the Whive protocol will be enhanced with Taproot upgrades, introducing advanced smart contract functionality. These upgrades will support more sophisticated applications in energy trading and AI, while also improving privacy, scalability, and flexibility within the network.
GREEN REVOLUTION
Whive leverages a decentralized, CPU-based blockchain to revolutionize the global renewable energy market. By focusing on sustainable mining practices and energy-efficient blockchain operations, Whive positions itself as a key driver in the green energy revolution, contributing to a more equitable and sustainable future for all.
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