Glossary

This section provides answers to the most frequently asked questions about Wethio blockchain and its ecosystem

Term

Description

Blockchain Network

A network of various distributed nodes

Block Time

The duration between two consecutive blocks

Epoch

900 blocks constitute an epoch

Masternodes

Masternodes are full-nodes that create, verify and validate new blockchain Wethio’s platform

ZYN

It is the Wethio ecosystem’s native currency

Consensus

The consensus mechanism is essentially the algorithm that enables masternode nodes succeed in reaching an agreement concerning Blockchain, it is about creating blocks.

PoSV

PoSV stands as the abbreviation of the Proof-of-Stake Voting consensus mechanism. It is the consensus protocol in Wethio that facilitates all nodes in the network to succeed in reaching an agreement about the blockchain.