WALAHALA Coin technology consists of three parts
3: Sub Particle
When WHC Coins are transferred from one address to another WALAHALA transaction is generated. This transaction further goes
on confirming a new transaction. Instead of using the traditional mining concept our technology works on distributed ledger
which makes the consensus more powerful, because proof of authority is directly managed by previous transactions.
All previous transactions act as validators for new incoming transactions. The more the previous transactions, the more the validators and hence, new transactions will be verified instantly.
2: WALAHALA Particles
In our Plasma Core Engine, previous transaction collide with the new transaction, through which the consensus creates a
new entity called WALAHALA Particles.
The basic phenomena work as ‘Parent & Child’ in the transactions, for example if ‘person A’ sends some WALAHALA Coins to ‘person B’ so, person A (The sender) becomes parent of the transaction and person B (The Receiver) is a child of the transaction.
In our Plasma Core Engine, we call combining of these transactions: the collisions.
So, upon each such collision a particle is born, this particle is also known as WALAHALA particle or the main particle.
The WALAHALA Particles are always created when WALAHALA Coins are transferred from one account to another.
3: Sub Particle
In our Plasma Core Engine, when two pairs trade with each other, WALAHALA Coins (WHC) are charged as the transaction Fee.
Instead of transferring these WHC Coins to a central account, our system automatically burns them as fuel.
All of these Transactions are called Sub Particles. The Sub particles work as a separate entity on the blockchain as open ledger on the public explorer.
Upon clicking the selected hash of the sub Particle anyone can see all the details of that particular transaction in an open explorer. Therefore, all our online trades are attached with the sub particles to view at and confirm any time line.