W Chain, a next-generation blockchain ecosystem purpose-built for scale, speed, and sustainability, today announced the official launch of its commercial network. This milestone is marked by a breakthrough gas fee model—setting new standards in affordability and efficiency - along with the strategic appointment of Sathya Prakash as Vice President to spearhead the platform’s expansion across global markets.
Disruptive Economics: 200,000x Cheaper than Ethereum
At the core of W Chain’s value proposition is its ultra-efficient transaction cost structure. With a base gas fee of just 200 Gwei—equating to approximately $0.000005 per transfer—W Chain outpaces leading blockchain networks in affordability:
· Ethereum: $1.47
· Polygon: $0.0000147
· Binance Smart Chain: $0.0525
· W Chain: $0.000005
This cost structure is not only transformative for individual users and enterprises; it balances scalability with long-term economic viability.
To catalyze further growth, W Chain has appointed veteran leader Sathya Prakash as Vice President. In his new role, Sathya Prakash will lead the W Chain business, reporting directly to the Board. The appointment is part of a group-wide initiative under which leadership roles will be rotated periodically. This approach is intended to ensure improved management and greater transparency across the group. Sathya Prakash will oversee global operations, strategic partnerships, and ecosystem development. His promotion reflects both his past contributions and the company’s focus on making W Chain practically useful across different industries.
“W Chain’s fee model positions us as the most cost-efficient, scalable blockchain infrastructure in the industry. With Sathya’s leadership, we are confident in our ability to translate this technological advantage into widespread adoption and impact,” said Anish Jain, Founder and Group CEO at W Chain.
W Chain has rapidly evolved from a high-performance Layer 1 network to a commercially viable blockchain platform, having recently launched several key services like W swap, a decentralised exchange, validatory node activation and full-scale RPC services for developers. Looking ahead, the roadmap includes the introduction of Premium Accounts, blockchain powered prepaid cards, memes for cause/comic memes and advanced DeFi protocol upgrades, expected in the upcoming quarter. These upcoming developments further underscore W Chain’s commitment to growing a strong product-led ecosystem.
Source : Press Release
