Frequently Asked Questions - FAQ

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Certainly, all interested parties are eligible to apply and leverage the core features that the Wayvy chain offers. We encourage you to refer to the "TestNet" page for further information.

Wayvy is a fully customizable Layer 1 protocol that empowers users to exercise complete control over their data, security, and privacy, while simultaneously creating a highly scalable ecosystem for both public and private sectors. The incorporation of quantum-resistant layers and zero-knowledge proofs ensures protection against all present and future security threats, as well as the safeguarding of user identities.

Moreover, Wayvy Chain leverages a custom-designed leaderless consensus mechanism known as Proof-of-Wave (PoWa) that addresses scalability concerns. The system achieves higher processing speeds as more users utilize Wayvy, with the potential to handle millions of transactions per second, positioning it for mass adoption.

We are proud to introduce WayVM, the first-of-its-kind virtual machine that enhances accessibility and customizability throughout the chain, while simultaneously promoting interoperability and facilitating cross-chain interactions.

WayVM serves as a protective barrier for permissionless, permissioned, and hybrid ledgers by storing all smart wave contracts and keys to identify any inconsistencies within the system and safeguard the digital identity of all users.

The AI Network-as-a-Service model facilitates seamless communication between nodes and users while preserving the integrity of transactions and network security. This model can identify and halt any suspicious activity and immediately report it back to administrators, effectively mitigating any potential harm to the network.

The linear framework employed by our platform effectively conceals user identities during interactions with the chain, as well as any other web 2.0 or web 3.0 dApp. Additional information regarding this technology can be found in the "Data Frameworks" section of our whitepaper.

Imagine that you are waiting for a train at a station to reach your destination. However, due to the limited capacity of each train, only a certain number of passengers can board each one. Now, consider if a virtual train arrived at the station every second to collect these passengers. With this approach, there would be sufficient room for everyone to board, right?

To better understand this analogy, let's imagine that each virtual train arriving every second has one carriage that can accommodate a specific number of passengers. Additionally, while approaching the station, the train can add more carriages to accommodate all the passengers who want to board at that precise moment. Although the train is the same, it has now transformed into a larger one to accommodate more passengers.

This is precisely where Wayvy's core value proposition comes into play. Blocks that propagate throughout the network every second can be likened to the aforementioned virtual trains. Each carriage, known as a VY, can accommodate a certain number of transactions, which is ultimately limited by the total number of tokens transferred. The number of VYs in each block can vary, depending on the number of passengers waiting to board that specific train every second.