What is Whive
Understanding the Web Hive!
Whive (short for Web Hive) is a blockchain platform designed to promote eco-friendly Distributed Energy solutions through a trustless reward system. Using the Yespower algorithm, Whive supports CPU-based mining over power-hungry GPUs and ASIC devices, making mining accessible to a wider audience while aligning with sustainable energy practices, particularly in regions rich in renewable sources like solar energy.
Built on Bitcoin Technology: Whive's foundation is based on Bitcoinβs established blockchain technology. It inherits the security and reliability of Bitcoin's codebase while optimizing for CPU mining. This ensures a more decentralized and energy-efficient network, accommodating a broader range of participants. By utilizing Bitcoin's innovations, Whive benefits from ongoing improvements in blockchain technology while pursuing its mission of promoting decentralized, CPU-friendly, and sustainable mining practices.
Whive Coin ($WHIVE): Whive also represents the native cryptocurrency of this ecosystem, $WHIVE. This coin serves as a means to engage with the Whive network, rewarding users for mining, validating transactions, and building applications. $WHIVE facilitates transactions within the Whive ecosystem, promoting decentralization, inclusivity, and supporting Whive's goal of creating a fair and sustainable blockchain system.
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