Walar Network

About Walar Network

Walar Network is a blockchain architecture designed for the Walar Organization, leveraging ScryptA memory-intensive mining algorithm consensus algorithm to ensure fast, secure, and low-cost transactions. While tailored for internal value transfer, the network is open to external peers, enabling interaction with our open technologies like Walar Encrypt and the global payment system.

Our mission is to provide a high-utility platform that supports the organization’s needs while fostering transparency and decentralization. Built on proven blockchain principles, Walar Network combines performance with accessibility, making it a robust solution for both members and the broader crypto community.

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Tokenomics

The Walar Token (WLR) is the native currency of the Walar Network, used for transactions, mining rewards, and network participation. With a focus on sustainability, the token’s economics are designed to incentivize miners and users while maintaining long-term value.

Total Supply: [To be determined, e.g., 100,000,000 WLR]
Initial Distribution: [To be determined, e.g., 50% mining, 30% organization, 20% public sale]
Reward Structure: [To be determined, e.g., 12.5 WLR per block, halving every 4 years]
Use Cases: Transactions, staking, governance (planned)

The token supply is capped to ensure scarcity, with rewards decreasing over time to align with network growth. Stay tuned for detailed tokenomics in our whitepaper.

View Whitepaper

Mining Process

Walar Network uses a Scrypt-basedDerived from Litecoin, memory-intensive mining process to validate transactions and secure the blockchain. Miners compete to add blocks, earning rewards in Walar Tokens for their computational efforts.

The mining algorithm ensures high performance and decentralization, making it accessible to a wide range of hardware. Rewards are a fraction of the total supply, incentivizing participation while maintaining economic balance.

Reward: [To be determined, e.g., 12.5 WLR per block]
Difficulty: Adjusts dynamically to maintain consistent block times
Hardware: Compatible with CPUs and GPUs for broader access

Start Mining

Walar Wallet

The Walar Wallet is your gateway to the network. This open-source tool allows you to store, send, and receive Walar Tokens with ease. Developed by our team, it supports mining rewards and offers features like transaction history, balance tracking, and secure key management.

Available for desktop and mobile, the wallet is accessible to all users, with source code available on GitHub for transparency.

Download Wallet

Technical Specifications

Walar Network is built for performance, security, and scalability. Below are the key technical details of the blockchain:

Specification	Value
Block Time	[To be determined, e.g., 2.5 minutes]
Transactions Per Second (TPS)	[To be determined, e.g., 50 TPS]
Consensus Algorithm	Scrypt
Total Supply	[To be determined, e.g., 100,000,000 WLR]
Blockchain Type	Public, decentralized
Security	Cryptographic hashing, 51% attack resistance

These specs ensure Walar Network is robust and efficient, suitable for both organizational and public use.

Read Technical Details

Get Started

Joining the Walar Network is simple. Follow these steps to start using our blockchain:

Download the Wallet: Get the Walar Wallet from our official website.
Create an Account: Set up your wallet with a secure private key.
Acquire Walar Tokens: Purchase tokens or earn them through mining.
Start Transacting: Send, receive, or stake tokens on the network.
Join the Community: Follow us on X or contribute on GitHub.

Get Started Now

Join Our Community

Stay connected with the Walar Network community. Follow us on X, explore our open-source code on GitHub, or dive into our whitepaper for a deeper understanding.

Follow on X GitHub Whitepaper