WEMIX3.0 mainnet is an “experience-based, platform-driven & service-oriented decentralized blockchain protocol” which powers a “mega-ecosystem” of web 3.0 platforms. The mainnet is a high-performance Ethereum Virtual Machine (EVM) compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus mechanism. The mainnet claims to offer the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high transaction per second (TPS). Consensus will evolve towards complete decentralization through a multi-phase democratized governance. WEMIX is the native coin of the WEMIX mega-ecosystem, used as a medium of exchange and payment method for gas fees. One WEMIX coin is minted per each subsequent block created, and PMR (Permanent Minting Reward) is distributed respectively to NCP (50%), ecosystem fund (25%) and maintenance (25%).
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