Wire Network (WIRE)

Wire is a Universal Transaction Layer that enables all crypto assets and wallets to interact with smart contracts in a single blockchain. In the UTL, transactions are not subject to protocol gas fees and external address formats resolve to a human-readable namespace.

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What is Wire Network

Wire Network's Universal Transaction Layer enables seamless, secure, and efficient transactions across all blockchains.

• Universal Polymorphic Address Protocol (UPAP). Defines a fully qualified data structure in blockchain and standardizes transaction workflows. Think HTTP for Crypto.
• Wire Name Service (WNS). Decentralized routing protocol that leverages UPAP to enable native interoperability across any modern blockchain
• Crypto Single Sign-On. Single point of entry to transact across any modern blockchain, powered by UPAP
• Trustless Hardware. Fully verifiable and auditable hardware stack utilizing open-source firmware

Wire Network has made substantial leaps in innovation across many verticals. Wire Network is an L1 Blockchain with APOS (Appointed Proof of Stake) consensus with term limits and network expansion to create a democratic, decentralized consensus layer that scales with user growth.

Wire Network is the first blockchain to provide network resources to applications for a blockchain backed Web2 experience. Node holder's can utilize resources through contract whitelisting. Users who interact with whitelisted contracts will enjoy free transaction fees. Resources are regenerative and remaining resources will be sent the the resource exchange automatically for additional revenue.

Wire's breakthrough protocol UPAP (Universal Polymorphic Address Protocol) is the first interoperability layer that doesn't require bridging. Assets sit on their native chain while the projected ownership transfers freely across all chains. Bridging cannot scale and is an attack vector already costing chains over $1b dollars in losses.