West is a cryptocurrency and blockchain platform that seeks to revolutionize the way individuals, businesses, and organizations interact with each other. It was created by an international team of developers in 2020 who were inspired by the decentralized nature of Bitcoin.
The West platform allows users to securely send, receive, store and trade their digital assets globally. Through its secure peer-to-peer network, users can quickly transfer funds without relying on third parties or intermediaries. The West ledger is immutable which means that all transactions are recorded permanently and cannot be changed or reversed once they have been verified by the network miners. This makes it a safe and reliable choice for both individual investors as well as business entities looking for a secure way to transact digitally.
West also offers smart contracts capabilities allowing developers to create self-executing applications based on pre-defined conditions using their own custom programming language called WeCode. Smart contracts allow for automated execution of tasks between two or more parties without requiring manual intervention from any outside source thus eliminating costs associated with middlemen such as lawyers or brokers while ensuring trustless transactions over the blockchain network.
In addition to this core functionality West has integrated several features unique from most cryptocurrencies today including: Decentralized Governance System (DGS), Staking Rewards Program (SRP) & Delegated Proof Of Stake (DPOS). These features allow users to become stakeholders in the project through staking their coins in order get rewards in return while simultaneously participating in making decisions about how the platform should be governed via voting rights given out proportionally according to amount staked into system nodes at any given time period through DGS feature available only on West Network Platforms!
Finally ,with its easy user interface combined with advanced security protocols such as multi signature wallets ,cold storage facility & encrypted private keys ,West provides an attractive option for those looking for an efficient way of transacting digital currencies safely & securely .
