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London, UK, April 28, 2023, Chainwire
AmazeWallet has seen a significant increase in the number of miners using their mobile phones to validate transactions on AmazeChain, the app’s Layer 1 blockchain. The number of users running light nodes to decentralize and secure the network has jumped to more than 11,000 over the last week. Light node technology allows anyone to validate blockchain from anywhere in the world.
The 3.293% growth in the number of testnet miners validating transactions on AmazeChain is impressive considering that the AmazeWallet app is yet to be launched in full, which is scheduled for mid-June. Overall, nearly 100,000 test users have downloaded the app since it launched on the testnet in November 2022.
The positive news comes amid other signs of strong pre-launch momentum for AmazeWallet. The company has signed a partnership with OnRamp, a premier DEX aggregation platform, two centralized token exchanges, and a string of top international artists who will produce work exclusively for AmazeWallet’s native NFT marketplace.
Alongside this significant partnership, AmazeWallet recently attended and was presented at the Global Blockchain Congress and ETH Dubai, where the wider Web3 world could hear first-hand about the ultra-fast verification calculations that make mobile mining possible.
Until now, users have tested the capacity of the network by staking testnet tokens. In turn, AmazeWallet rewards the top testnet miners with a NFT events. All in the name of the ultimate stress test for AmazeChain’s advanced sharding technology, capable of processing over 300,000 transactions per second.
After more than six years of building and various technology breakthroughs, such as proof sharding, layering, and ZK, the ecosystem is almost ready. Soon, users around the world can contribute to network security and decentralization, in exchange for daily prizes in AMT tokens.
Revolutionary technology, totally decentralized
While older generations of blockchains such as Ethereum and Bitcoin offered a semi-decentralized form, AmazeWallet ensures a true spread of power by spreading it globally, at less cost that we usually see with other chains, and with better performance. Unlike the old network, anyone can start securing the network, with their phone acting as a full node connected directly to AmazeChain. All they need to do is download AmazeWallet to their mobile and stake real AMT tokens.
AmazeWallet COO Ed Ball sees the technological breakthrough as a new standard in blockchain capabilities, the next era of worldwide networking that everyone can join.
‘We are excited for more people to join our beta test, run nodes, and try out this new technology. We provide the benefits of blockchain to everyday users, not just a select few with coding knowledge. Everyone should trust their digital tools and we all have the right to self-sovereignty online. The next generation of infrastructure must be more efficient and mobile, easily accessible to everyone.’
A worldwide team of over 400 coding contributors started working on AmazeChain over six years ago, many of whom are alumni of tech giants such as Google, Apple, Amazon, Tencent, and Dell. With their extensive shared experience, they identify the limitations of legacy blockchains, but also acknowledge their success. They learned from both and made AmazeChain fully capable of addressing user needs.
AmazeWallet is leading the industry forward with an easy-to-use and fully integrated ecosystem where apps and blockchain work together in sync. Benefits for users: blockchain security, transaction speed for the modern world, and the opportunity to participate in the network in exchange for gifts. It’s everything one could hope for, only more.
AmazeWallet features and roadmap
AmazeWallet is a mobile application that serves as a portal to AmazeChain. It has four main features covering the most important areas of the Web3 landscape:
- Mining: staking AMT, validating blocks, receiving rewards.
- Wallet: hold and exchange tokens on 60+ blockchains.
- NFT: mint for free, build followers, trade digital assets.
- Messaging: 364-bit anti-quantum chat between friends.
In time, AmazeWallet will add new features and upgrade the current ones. Although the app’s full launch is planned for mid-June, the team is already planning AmazePay, which they recently granted a license to in Canada in preparation for testing. People will be able to integrate their crypto holdings into everyday life. Paying for groceries, buying food, transportation, online goods, and ordering coffee is all that matters in the morning.
Every time users open the AmazeWallet app, they can validate blocks to receive daily AMT rewards. App users staking AMT can start mining the native chain for daily mining rewards when the app launches on the mainnet this quarter.
About Amazed
Amaze was founded in 2017 and is made up of 75 engineers, designers, marketers and executives. The ecosystem consists of a mobile application and a blockchain. Together, the two products set a new standard for self-management in digital life. The native AMT token is launching in 2023 and the AmazeWallet app will receive its full launch later in the year. Amaze puts real ownership and control back in the hands of users, using Web3 technology that is accessible to everyone. With AmazeWallet and AmazeChain working together in sync, people can manage their digital life, safely and securely.
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Contact
Charlie Butler
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