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Wonderland Time (WRLD) Overview | |||||||||||||
**Introduction** | Overview of Wonderland Time token, its purpose and use cases. | ||||||||||||
Wonderland Time (WRLD) Key Features | |||||||||||||
**Tokenomics** |
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**Blockchain Platform** |
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**Use Cases** |
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Wonderland Time (WRLD) Comparison with Litecoin (LTC) | |||||||||||||
**Technical Comparison** |
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Wonderland Time (WRLD) Conclusion and Future Outlook | |||||||||||||
**Conclusion** | Summary of Wonderland Time token features, use cases and technical comparison with Litecoin. | ||||||||||||
**Future Outlook** | Projected growth and adoption rates for Wonderland Time token. |
Wonderland Time (WRLD) Overview
Wonderland Time is a cryptocurrency token that was launched in 2023 with the aim of providing a fast, secure, and user-friendly digital wallet solution for individuals and businesses alike.
The WRLD token is built on the Litecoin blockchain, which provides a high level of scalability and speed compared to other cryptocurrencies. This makes it an attractive option for those looking to store and transfer value quickly and efficiently.
Wonderland Time (WRLD) Key Features
Tokenomics
Feature | Description |
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Total Supply | 100 million WRLD tokens |
Circulating Supply | 50 million WRLD tokens |
Token Purpose | To power the Wonderland Time digital wallet platform |
Block Time | 2.5 minutes |
Block Reward | 25 WRLD tokens per block |
The WRLD token has a total supply of 100 million coins, with 50 million currently in circulation. The remaining 50 million will be reserved for future development and growth.
Blockchain Technology
The WRLD token is built on the Litecoin blockchain, which provides a high level of scalability and speed compared to other cryptocurrencies.
Feature | Description |
---|---|
Scalability | High scalability, allowing for fast and efficient transactions |
Safety | High level of security, protecting user funds and data |
Fees | Low transaction fees, making it an attractive option for users |
Wonderland Time is a cryptocurrency token that was launched in 2023 with the aim of providing a fast, secure, and user-friendly digital wallet solution for individuals and businesses alike.
How Does the WRLD Token Work?
The WRLD token is built on the Litecoin blockchain, which provides a high level of scalability and speed compared to other cryptocurrencies. This makes it an attractive option for those looking to store and transfer value quickly and efficiently.
The WRLD token has a total supply of 100 million coins, with 50 million currently in circulation. The remaining 50 million will be reserved for future development and growth. When a user sends or receives WRL
The WRLD token is built on the Litecoin blockchain, which provides a high level of scalability and speed compared to other cryptocurrencies.
- Scalability: Litecoin's block size limit allows for faster transaction processing and higher throughput compared to Bitcoin.
- Security: Litecoin uses the SHA-256 hashing algorithm, similar to Bitcoin, but with a lower proof-of-work (PoW) requirement, making it more energy-efficient.
- Privacy: Litecoin's transaction data is pseudonymous, meaning that users can make transactions without revealing their real-world identities.
The WRLD token aims to provide a private and secure way of transferring value, allowing users to maintain control over their funds and personal information.
- Anonymous transactions: WRLD uses the RingCT (Ring Confidential Transactions) protocol, which enables anonymous transactions without revealing the sender's or recipient's identities.
- Private addresses: Users can generate private addresses for receiving WRLD tokens, ensuring that their transaction data remains confidential.
The WRLD token uses a proof-of-work (PoW) consensus algorithm to secure the network and verify transactions.
- Transaction fees: WRLD transaction fees are significantly lower compared to Bitcoin, making it more accessible for everyday users.
- Pricing mechanism: The transaction fee is determined by the network's hashrate and block reward distribution, ensuring that miners are incentivized to secure the network.
The WRLD token operates on a proof-of-work (PoW) consensus algorithm, where nodes on the network compete to solve complex mathematical puzzles to validate transactions and create new blocks.
- Hashrate: The hashrate is determined by the number of miners competing to solve the mathematical puzzle, ensuring that the network remains secure and resistant to 51% attacks.
- Governance mechanism: WRLD governance is decentralized, with nodes on the network participating in the decision-making process through a voting system.
The development team aims to improve the WRLD token's scalability, security, and usability while maintaining its core principles of anonymity and private transactions.
- Scalability improvements: The team is exploring new consensus algorithms and scalability solutions to increase the network's throughput and reduce transaction times.
- Security enhancements: Regular security audits and updates are conducted to ensure that the WRLD token remains secure and resistant to potential threats.
The WRLD token offers a unique combination of scalability, security, and anonymity, making it an attractive option for users seeking private transactions and control over their funds.