Launched on 02/02/2020, Whive is an open-source, peer-to-peer blockchain protocol that uses CPU-based mining to stimulate the adoption of green energy via trustless, unbiased rewards. It builds upon the Bitcoin blockchain through a secure Auxiliary-chain (AuxChain), supported by the proof-of-work (PoW) Yespower consensus algorithm. This design ensures accessibility to low-power CPU devices, particularly in regions with abundant distributed sustainable and renewable energy resources, like Solar.
TOKENOMICS
Whive, the native coin, facilitates transactions within this ecosystem. Its current circulation stands at 39million out of a maximum supply of 100 million coins. With its fair-mined launch by a diverse global community in 2020, Whive has shown consistent resistance to large-scale (ASIC) and mid-scale (GPU) mining, instead favoring smaller CPUs to promote sustainable distributed computing.
COMMUNITY USECASES
The Whive protocol enables the development of various community-built applications, including the creation of distributed solar energy markets, or "crowd-grids." An example of this application is the Melanin Smart-Box (MSBX), which uses the Whive protocol for efficient, transparent peer-to-peer energy trading via blockchain technology. Alongside the Melanin Click, a script that allows MSBX to mine Whive coins while running Bitcoin, Lightning, and Whive nodes, the protocol demonstrates the conversion of solar energy into digital wealth.
DIS-INFLATIONARY MINING
Whive's mining issuance schedule follows a disinflationary policy akin to Bitcoin, with block rewards halving every 4 years until the maximum supply is reached, ensuring scarcity and value increase as demand and utilization grow over time.
TAPROOT UPGRADES
In July 2023, the anticipated implementation of Taproot will introduce advanced smart contract functionality to the Whive protocol, enabling innovative energy and AI applications and enhancing privacy, scalability, and flexibility.
GREEN REVOLUTION
Whive offers an innovative, sustainable approach to powering global renewable energy markets. By leveraging decentralized, CPU-based blockchain technology, Whive is set to revolutionize the green energy sector and pave the way for a more equitable future.
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