What is Wax Wallet?
On BSC and ETH blockchain the people usually use Metamask as a wallet, on WAX Blockchain you can use the Anchor or the Wax Cloud Wallet for example.
"WAX (Worldwide Asset eXchange) is an environmentally-friendly blockchain purpose-built for e-Commerce through dApps (decentralised applications), NFTs, gaming, virtual worlds, and unique collectibles. On the WAX blockchain, creators and brands can easily build, launch, and distribute NFTs to a global user base.
WAX uses a Delegated Proof-of-Stake (DPoS) consensus mechanism in which token holders vote on delegates that act as validators for new blocks.
Token holders may delegate their tokens to someone else, giving them the power to validate transactions on the network. DPoS is a modified version of the traditional Proof-of-Stake model, making it more democratic by allowing anyone to delegate their coins. Furthermore, voting power is weighted on a proportional scale relative to the number of tokens staked.
With DPoS, a delegate validates a block that is then confirmed by other delegates in the network. The transaction is approved and consensus is reached within seconds, allowing all participants to earn their staking rewards."
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