About WPF
WPF Development
WPF to solve DeFi issues
WPF stands for WorldPeaceFinance, a DeFi service under development that aims to provide unsecured loans based on the Solana crypto asset blockchain.
Solana’s greatest feature is its fast processing speed: while Bitcoin’s transaction speed is 6-7 per second and Ethereum’s speed is 13-15 per second, Solana boasts an overwhelming processing speed of 50,000 per second.
It has been called the Ethereum killer due to its processing power, and is attracting attention as an alternative crypto-asset technology to Ethereum.
There is no DeFi in the world that can provide unsecured loans based on Solana, and development is underway to become a pioneer in this field.
The Future of WPF
Although WPF is a decentralized exchange and there is concern that there will be a lot of competition in this expanding field, it does not use the Ethereum-based blockchain, which allows for lower transaction fees when trading.
Solana, the cryptographic asset on which the program is based, is a new type of blockchain technology that has an overwhelming speed advantage over Ethereum, with a mining algorithm called Proof of histry that enables the processing of approximately 50,000 transactions per second.
The speed of transactions on a decentralized exchange depends on the processing speed of the underlying crypto asset’s blockchain, which can cause slippage due to a gap between the price quoted at the time of order placement and the price at which the order is actually executed.
Solana’s technology boasts the world’s fastest transfer speeds and is attracting attention as a promising new decentralized exchange that can offer even lower fees than traditional decentralized exchanges.