Infinitecoin IFC to WAX WAXP Exchange

Crypto Pair Details: IFC to WAXP

Infinitecoin IFC

Infinitecoin is a Litecoin fork and uses the scrypt Proof-of-Work hashing algorithm. It has a 30-second block target and the difficulty retargets every hour. There is a total of 90.6 billion Infinitecoin. Block rewards are 524,288 Infinitecoin per block and halves every 86,400 blocks (roughly 1 month). Infinitecoin was launched on 5 June 2013.

WAX WAXP

'WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals. WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal. The resulting technology reportedly represents a blockchain architecture with 500 millisecond block times, is fee-less for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals' '

SOURCE: COINGECKO

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