WhiteBIT Network. Blockchain

Take It to the Next Level

WB Network blockchain

An EVM-compatible network aiming to bridge the gap between CEX and WEB3

White Paper

Resources

Vital Components to Explore WB Network

WhiteBIT

WhiteBIT

The Powerhouse of WB Network

Learn More
WB Explorer

WB Explorer

A user-friendly native blockchain explorer

Learn More
WBT Coin

WBT Coin

A base coin powered by WB Network

Learn More
WB Soul Ecosystem

WB Soul Ecosystem

Your Identity, Your Control

Learn More
Testnet

Testnet

A safe space for experiments within a test network

Learn More
White Paper

White Paper

A comprehensive description of the WB Network

Learn More
Introducing WB Network

History

Introducing WB Network

The WhiteBIT created WB Network as an integral part of its native token development, WBT. Alongside making blockchain a vital element of the WhiteBIT ecosystem, it has empowered WhiteBIT to implement groundbreaking concepts for bridging CEX solutions and Web3.

Consensus

Backed by Proof-of-Authority (PoA)

Proof-of-Authority (PoA) is a reputation-based consensus algorithm that offers an efficient and practical solution for blockchain networks. PoA uses the value of Identities. It means that transactions and blocks are validated by pre-approved accounts, known as validators. They are pre-selected and entrusted with the responsibility of verifying transactions and adding them to the blockchain. These authorities are typically reputable and known entities, ensuring the network's security and efficiency.

Backed by Proof-of-Authority (PoA)

Statistics

23560

Total Number of Accounts

37M

Transactions Number

5371006

Block Height

2s

Block Creation Time

Advantages

Our shared values keep us connected and guide us as one team.

Energy-Efficiency

Since PoA doesn't rely on resource-intensive mining or complex mathematical puzzles, it consumes significantly less energy than consensus mechanisms such as Proof of Work (PoW). The reduced energy consumption makes PoA an environmentally friendly choice, minimizing the environmental impact.

High Transaction Speed

PoA allows faster block confirmation times, enabling higher transaction throughput and improved scalability. It makes it appropriate for applications requiring quick transaction processing and high-performance networks.

Low Transaction Fees

PoA requires minimal computing resources. It does not rely on costly mining operations. Consequently, the transaction fees associated with PoA are typically lower.

Enhanced Security

In PoA, validators are known entities, pre-approved by the network, and often reputable organizations or trusted individuals. This high level of identity verification significantly reduces the risk of Sybil Attacks and other malicious activities.

Governance and Accountability

PoA allows for a structured governance model where the authorities can decide on network upgrades and protocol changes. This centralized approach enhances accountability as the validators have a reputation to uphold, ensuring they act in the network's and its users' best interests.

Transparency

We prioritize transparency in our operations and ensure that the information recorded on the blockchain is visible and accessible. Users can verify transactions and track data, promoting a transparent and auditable environment.

Block illustration

Audit Reports

Security at the Highest Level

WB Network regularly undergoes security audits, receiving excellent ratings from leading cybersecurity companies.

HackenHacken Report

Hacken is a blockchain security auditor born in 2017 with a vision of transforming Web3 into a safer place.

Least AuthorityLeastAuthority report

Least Authority was formed in the U.S. in 2011 to create freedom-compatible technologies. Since then, LeastAuthority has been working on decentralized systems (sometimes referred to as Web3) and began their security auditing work in 2014