WEI

Like cash, but only better.

What is WEI?

Today, cash can surely be called the most anonymous, simple, and fastest means of payment. However, cash circulation has significant disadvantage. Since ancient times, some generals have used counterfeit money in the already conquered territories to undermine the economy and weaken the defeated objects.
The decentralization of the WEI cryptocurrency means that it cannot be counterfeited, and the algorithms developed by our team allow preserving the fundamental advantages of cash - anonymity, simplicity, and speed
What is WEI?

What is WEI?

Today, cash can surely be called the most anonymous, simple, and fastest means of payment. However, cash circulation has significant disadvantage. Since ancient times, some generals have used counterfeit money in the already conquered territories to undermine the economy and weaken the defeated objects.
The decentralization of the WEI cryptocurrency means that it cannot be counterfeited, and the algorithms developed by our team allow preserving the fundamental advantages of cash - anonymity, simplicity, and speed
WEI anonymity

Fast and anonymous transactions 

The built-in Private- and InstantSend mechanisms allow you to completely depersonalize the parties to the transaction, while significantly increasing the speed of transactions.
By mixing and using indistinguishable standard amounts (for example, 0.1, 1, 10 WEI) in the PrivateSend function, the ability to track who originally belonged to the funds received on the account is reduced to zero.
The InstantSend function allows cryptocurrency holders to make instant transfers: the transaction is confirmed even before it is entered into the blockchain, which makes WEI an everyday means of payment.

Simplicity of Mining: PoW, PoSe and WEIback

We paid special attention to the methods of WEI mining, because we know what kind of load the Proof-of-Work algorithm has on the ecology of our planet. Using the Proof-of-Service algorithm, the user can participate in the distribution of miner rewards while ensuring the operation of the PrivateSend and InstantSend algorithms.
The WEIback algorithm allows you to mine cryptocurrency in the simplest way: by making sales and purchases. An individual who paid for the goods by WEI and a legal entity who accepted WEI for payment receive up to 2% reward to their wallets within the WEIback system. So, WEI allows you to earn money by spending and accepting payments.
Simplicity of Mining: Proof-of-Work alternatives.

Simplicity of Mining: PoW, PoSe and WEIback

We paid special attention to the methods of WEI mining, because we know what kind of load the Proof-of-Work algorithm has on the ecology of our planet. Using the Proof-of-Service algorithm, the user can participate in the distribution of miner rewards while ensuring the operation of the PrivateSend and InstantSend algorithms.
The WEIback algorithm allows you to mine cryptocurrency in the simplest way: by making transactions. An individual who paid for the goods by WEI and a legal entity who accepted WEI for payment receive equal reward to their wallets within the WEIback system. So, WEI allows you to earn money by spending and accepting payments.
WEI in comparison with classical payment systems
WEI
Dash
Bitcoin
Price
Settlement
Speed
1 sec.
1 sec.
1 hour
5 sec.
0.30$
1 sec.
1 sec.
≤0.01$
Mining methods
Reward system
PoW, PoS, WEIback
PoW, PoS
PoW
45% -
miner
45% - masternode
40% -
miner
50% - masternode
100% -
miner
≤0.01$
WEI in comparison with classical payment systems
WEI
Dash
Bitcoin
Settlement
1 sec.
1 sec.
1 hour
Speed
1 sec.
1 sec.
5 sec.
Price
≤0.01$
≤0.01$
0.30$
Mining methods
Proof-of-Work,
Proof-of-Service, WEIback
Proof-of-Work,
Proof-of-Service
Proof-of-Work
Reward system
45% - miner
45% - masternode
40% - miner
50% - masternode
100% - miner