Launched on 02/02/2020, Whive is an open-source, peer-to-peer DEPIN (Decentralized Physical Infrastructure Network) that uses CPU-based mining to promote the adoption of green energy through trustless, unbiased rewards. It extends the Bitcoin blockchain with a secure Auxiliary-chain (AuxChain), supported by the proof-of-work (PoW) Yespower consensus algorithm which is based on Yescript algorithm. This approach ensures compatibility with low-power CPU devices, especially in regions rich in distributed sustainable and renewable energy resources like solar.
TOKENOMICS
Whive, the native coin, supports transactions within this DEPIN ecosystem. Its circulation is about 45 million out of a maximum of 100 million coins. The fair-mined launch by a global community in 2020 underscores Whive's resistance to ASIC and mid-scale GPU mining, favoring smaller CPU setups to foster sustainable distributed computing.
COMMUNITY USECASES
The Whive protocol allows for the creation of decentralized solar energy markets, or "crowd-grids." A notable implementation is the Melanin Smart-Box (MSBX), which utilizes the Whive protocol for efficient, transparent peer-to-peer energy trading via blockchain technology. Together with the Melanin Click script, MSBX mines Whive coins while operating Bitcoin, Lightning, and Whive nodes, converting solar energy into digital wealth.
Whive follows a disinflationary mining policy similar to Bitcoin, with block rewards halving every four years until the maximum supply is reached. This policy aims to increase scarcity and value as demand and usage grow.
UPGRADES
In July 2023, Taproot upgrades will enhance the Whive protocol by introducing advanced smart contract functionality. This will enable more sophisticated energy and AI applications and improve privacy, scalability, and flexibility.
GREEN REVOLUTION
Whive leverages a decentralized, CPU-based blockchain technology to transform the global renewable energy market. This innovative approach positions Whive to drive the green energy revolution and contribute to a more equitable and sustainable future.