World Trade Technical Chain
Introduction to WTT Chain
World Trade Technical Chain (WTT) is a decentralized, high-efficiency and energy-saving public chain. It is compatible with smart contracts and supports high-performance transactions. The endogenous token of World Trade Technical Chain is WTT and it adopts the TPoS (Trade Proof of Stake) consensus mechanism. WTT Chain will continue to improve the efficiency of Ethereum by Layer2, which will supplement and empower the Ethereum ecosystem.
Vision
Technological innovation is the driving force behind the advancement of the blockchain industry, but many innovative projects have been misunderstood and ignored at their early stages. We have witnessed the growth process of great projects. Recalling that Ethereum and Polkadot were questioned as altcoins in the early days, they all went through difficult times. Therefore, WTT's mission is not only a public chain, but also to focus on the discovery and support of high-potential developers and innovative projects. Relying on the world's largest trading ecosystem, WTT is committed to becoming the birthplace of innovative technologies and innovative businesses, and building a complete ecological loop of technology development, application promotion, and trading.
WTT Chain’s Performance
- TPS: 2000+
- Average block interval: 5s
Consensus Mechanism
TPoS consensus mechanism: it has the characteristics of low transaction cost, low transaction delay, and high transaction concurrency.
The maximum number of validators supported is 21.
Economic Model
The endogenous token on the chain is WTT; the transactions consume WTT as gas fee.
Miners pledge WTT to become validator nodes. The reward of nodes is gas fee, which is distributed according to the mortgage proportion.
Cross-Chain
Assets such as BTC, ETH and stable coins can be mapped to WTT by an asset bridge. The realization method is to lock a certain amount of tokens on the original chain then generate a corresponding number of tokens on WTT.
WTT encourages developers to provide more decentralized cross-chain solution.
Meta Transaction Function
The meta-transaction function is supported, which allows users to reduce gas fees step-wise, and WTT will cover the payment of the reduced part. The meta-transaction function allows to minimize the migration cost of DApp developers, as well as to effectively reduce the cost of DApp users.
WTT Technical Characteristics
- An open and decentralized network to maintain the security of the network and assets.
- Support the programmability of EVM, the compatibility of smart contracts to reduce development or migration costs.
- Meta-transaction function: gas fee reduction, effectively reducing the cost of developers and users on the chain.
- Support cross-chain asset transfer to optimize users’ experience.
Current Stage of WTT
In December 2021, the WTT Chain, WTT officially launched, which will focus on improving the on-chain infrastructure,
Official Website
explorer.cadaut.com
Public mainnet
chainid 1202
PRC
wss://rpc.cadaut.com/ws
Blockchain Explorer
Technical Support Email
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Interact with Us on Social Media
- Twitter: https://twitter.com/gavofyork
- GitHub: https://github.com/WTTAUT
- WTTScout: https://explorer.cadaut.com
- Website: http://www.cadaut.com/
Risk Warning
- All users and developers can participate in the current test environment and subsequent stages of WTT for free, and there is no charging scenario.
- All users must distinguish the test environment from the Mainnet. The assets generated in the test environment have no value. Be aware of counterfeit currency fraud.
- WTT announces authorization, promotion and other collaborations only through the official social media platform. Developers and users should check carefully to avoid losses.
- Do not misread the official website (www.cadaut.com), and be cautious with private key phishing.
