What Is Whive Protocol (WHIVE)?
image source
https://twitter.com/whiveio
Solar Energy Is An Example Of An Equitable Distributed Economy That Is Interoperable With The Mainstream Economy That Could Be Advanced By The Whive Protocol.
The Whive Token is the reward for discovering new blocks that will be added to the Whive Shared And Distributed Ledger. The Proof-Of-Work and Proof-Of-Stake Algorithms are used in the Whive Protocol's process for adding blocks to the chain. These Principles Are Used To Ensure Token Reward Equity For Miners In Targeted Regions.
The Whive Protocol is a set of guidelines developed by the Whive. All Transactions Are Visible On The Blockchain And Are Associated With Programmable Wallet Addresses That Can Be Used By Both Machines And Humans. Blockchain Is Pseudonymous Like Bitcoin. The Protocol Is Designed To Encourage Engineers In Developing Countries To Help Establish Long-Term Solutions To Challenges Facing Their Communities.
GPU/ASIC Resistant Yespower Algorithm
The Whive Protocol is based on an optimized Yespower Algorithm, which ensures that GPU and ASIC processors are unable to mine blocks successfully, favoring CPU machines such as laptops and Raspberry Pis. Buyers and sellers of solar energy would need to be able to transact privately while also being able to verify that transactions have occurred in the event that one party tries to short-change the other.
The Whive Blockchain addresses this issue by storing all transactions on an immutable ledger and providing privacy in the same way that other Internet protocols such as TCP/IP (packet routing) and SMTP (email) do by being pseudonymous. This means that all transactions are not only visible and transparent on the blockchain for auditing purposes, but they are also linked to programmable machine-readable wallet addresses that can be used by both machines and humans.
Efficient ARM Focused CPU Mining
To encourage fast and sustainable growth of the distributed energy sector, the Whive Protocol Mining is biased toward smaller mobile computing devices (CPUs) built on the ARM architecture.
Yes Power Is Incorporated To Allow Low-Power, Low-Cost Computing Devices With CPUs To Have A Greater Chance Of Identifying New Blocks And Being Rewarded With Whive Tokens Than More Expensive, High-Cost Hardware With GPUs.
Enabling Cost-Competitive Green Energy
The Whive Protocol aims to empower energy-poor communities to realize their energy potential by leveraging blockchain-based tokenization and microprocessor computing to reward distributed energy adoption without relying on trust. Yes Power Can Thus Be Considered A Deliberately Pro-CPU, Anti-GPU, Moderately Pro-ASIC PoW Scheme.
It Is Possible To React To GPU Hardware Improvements By Increasing Yespower Parameter Values To Retard GPU Whive Mining Proficiency Even Further.
image source
https://www.devprojournal.com/technology-trends/blockchain/4-blockchain-business-opportunities/
Proof-Of-Work Algorithm
To identify the next block on the chain, Whive Protocol, like Bitcoin, requires solving a Proof-Of-Work (PoW) mathematical problem.
PoW necessitates a hashed consensus solution that can be verified by all nodes, including network miners. The solution to the PoW problem ensures "trust" for each Whive Block transaction and renders Whive Block modification computationally impossible.
The Whive Protocol deviates from Bitcoin's Proof-of-Work (PoW) model (Satoshi,2008)
By layering the Yes Power 1.0 algorithm, which promotes computing hash solutions on smaller computing hardware with central processing units (CPUs) and disfavors graphics processing units (GPUs) or application-specific integrated circuit (ASIC) hardware.
Yes Power generates a hash that is compared to the Bitcoin PoW hash, yielding either a match or another Yes Power invocation until a match is found, allowing for the mining of a new block.
The live Whive Protocol price today is $0,008276 USD with a 24-hour trading volume of not available. We update our WHIVE to USD price in real-time. Whive Protocol has no change in the last 24 hours. The current CoinMarketCap ranking is #9054, with a live market cap of not available. The circulating supply is not available and a max. supply of 100.000.000 WHIVE coins.
If you would like to know where to buy Whive Protocol, the top cryptocurrency exchanges for trading in Whive Protocol stock are currently P2PB2B, and Dex-Trade.
A nice new token... a Lot of potential.
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... Edited to add image sources as requested
Interesting, hope this project works out and grows :D
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