Wacme Crypto Review : Is It Good Or Bad Coin Read Our Article

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About Wacme Crypto

Wacme Crypto story starts with the founding of Factom in 2014, a data publishing layer atop major blockchains. In 2021, Factom was acquired by Inveniam Capital Partners, bringing along lead engineers Paul Snow and Jay Smith. Inveniam Capital Partners created the Defi Devs subsidiary to be lead developers in the Accumulate community.

The Accumulate protocol is based on many of the best concepts that came of the Factom protocol, including data and identity focus while combining the components in a new and unique configuration.

The Accumulate protocol is designed by Paul Snow. Paul Snow is the Chief Blockchain Scientist at Inveniam and Defi Devs. Previously, he was the CEO and chief architect of the Factom protocol and co-author of the Factom White Paper, developing and implementing a “multi-leader” consensus algorithm for the blockchain network. Of note, he was founder and chief architect for DTRules, an open-source project providing decision table-based rules engines. He is listed as inventor on many of Factom’s 40+ patents, both issued and in progress, which serve as a foundation for Accumulate.

Wacme Crypto Point Table

Coin BasicInformation
Coin NameWacme Crypto
Short NameACME
ACME Price$0.0414
Total SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Opening the Door to Enterprise Adoption

Enterprise Data Management

Create a purpose-built architecture for secure data mapping. Assimilate business applications and transformations faster for easier change management.

Business Hierarchy

Naturally mirror organization fundamentals onto the blockchain: People, positions, departments, subsidiaries, project teams, etc. Allows for permission-based schemes of responsibility and security.

Ownership

Increase the flexibility of private market assets and security of sensitive information. Identities can be assigned to anything that owns a resource: buildings, IOT devices, investor reports, financial statements, copyrights, patents, etc.

Regulation-Ready Architecture

Enforce compliance with tightening legal and regulatory frameworks surrounding blockchain using Accumulate’s inherent identities and data management capabilities.

Wacme Crypto Features

An Identity-Based Blockchain Protocol

Accumulate is a new kind of blockchain protocol that is organized completely around identities. Accumulate Digital Identifiers (ADIs) can be assigned to organizations, devices people, or things.

Multi-Chain Architecture

Wacme Crypto multi-chain architecture enables greater throughput. The interconnected network of chains results in 70,000 transactions per second (TPS) which makes it one of the fastest protocols.

Human-Readable Addresses

A human-readable address enables users to transact with a static address such as acc://bob.acme. This is in contrast to traditional random generated addresses such as 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

Key Hierarchies

Key hierarchies enable enterprise-grade security. Accumulate users can assign and prioritize multiple private keys when necessary. Using key hierarchies results in greater safety of assets.

Powered by ACME

Wacme Crypto protocol is secured and powered by the ACME token. Accumulate’s Mainnet launched in October 2022. Look up ACME and it’s ERC-20 equivalent WACME on your favorite coin listing website!

Tools for Wacme Crypto

Mobile Wallet

Send & receive ACME, manage keys, and secure your wallet.

CLI Wallet

Interact with the Accumulate Blockchain through a Command Line Interface.

Explorer

Free and open data insights of the Accumulate blockchain.

Web Wallet

Interact with Accumulate through a web wallet (coming soon).

Dynamic Mining NaaS

Nodes-as-a-Service (NaaS) by Dynamic Mining will enable users to run Accumulate nodes (coming soon).

WACME Bridge

The Wacme Crypto Bridge enables users to convert ACME to Wrapped Accumulate (WACME) in both directions.

Products Built on Accumulate

Inveniam Metachain

The Metachain is designed to create a verifiable audit trail for Inveniam’s Valuation-as-a-Service platform.

BlockPortal

An oracle platform for owners of real asset data to monetize and make data available to DeFi Products.

SDAO

An SDAO is a decentralized lending protocol that connects CRE asset owners with new sources of liquidity.

PegNet

PegNet is a stablecoin network for Decentralized Finance (DeFi).

Sphereon VDX

Sphereon Verifiable Data Exchange (VDX) provides a platform with advanced features for digital identities and the verifiable exchange of data between people and companies.

Accumulate EVM

A layer on top of Accumulate that allows EVM-based smart contracts to run on Accumulate. This will enable cross-chain bridges to EVM-based blockchains (coming soon).

Accumulate Bridge

The Accumulate Bridge will let users move Wacme Crypto & other liquid assets (e.g. USDC, DAI, WBTC, WETH, BNB, etc.) from other chains into Accumulate to use trade and store them into Accumulate (coming soon).

Chainlink Bridge

An Accumulate-powered bridge between a data marketplace on Inveniam.io and Chainlink’s data oracles.

Wacme Crypto Conclusion

In conclusion, Accumulate is a state-of-the-art blockchain system that gives consumers access to a wealth of capabilities. With its identity-based system, users may manage their funds with ease utilising human-readable addresses and key hierarchies, making it more secure and user-friendly.

Furthermore, Accumulate’s support for many chains guarantees that users can benefit from interoperability and have access to a greater variety of decentralised applications. With all of these characteristics, Accumulate is well-positioned to have a big impact on the blockchain industry, and we can expect to see an increase in use over the next few years.

Wacme Crypto FAQ

What is Accumulate?

Accumulate is a blockchain protocol that utilizes an identity-based system to offer a more secure and user-friendly experience. It also supports multi-chain functionality and features human-readable addresses and key hierarchies.

What is an identity-based system?

An identity-based system is a type of blockchain protocol that uses user identities as the basis for authentication and access control. This allows for a more secure and user-friendly experience compared to traditional public key-based systems.

What are human-readable addresses?

Human-readable addresses are addresses that can be easily recognized and remembered by humans. Instead of a long string of characters, human-readable addresses use words or phrases that are easy to remember and type.

What are key hierarchies?

Key hierarchies are a way of organizing cryptographic keys in a hierarchical structure. This allows for more efficient key management and access control, as well as the ability to delegate key management responsibilities.

What is multi-chain support?

Multi-chain support is the ability of a blockchain protocol to operate on multiple chains or networks. This allows for interoperability between different chains and access to a wider range of decentralized applications.

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