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Don't know what REX is? Learn this and more details about our decision here: (8/8).

We’ve been among the first chains to deploy updates including upgrading to EOS v1.8, and we will rigorously evaluate the advantages and disadvantages of implementing #EOSIO updates to determine whether it will be beneficial for all participants of the ecosystem. (7/8).

What does this mean for WAX #Blockchain?. The WAX Blockchain today is more stable (from a resource perspective) and a less expensive system than the other #EOSIO sister chains that implemented REX. (6/8).

Also, since people who otherwise would have purchased $EOS tokens in order to acquire CPU and NET no longer need to actually own the tokens, it negatively affected the price of #EOS. (5/8).

Another problem with REX is that people can inexpensively acquire resources, which led to an increase in malicious transactions such as bugs being exploited in #dApps, and mining #smartcontracts getting spammed to acquire a greater number of valuable items. (4/8).

Compared to other chains, the WAX #Blockchain today is a much cheaper and more stable system from a resource perspective than other #EOSIO sister chains that added REX. (3/8).

In the first place, we didn't implement REX because we believed that doing so would disincentivize people from #staking their $WAXP Tokens since they could simply rent resources cheaper instead. It would also have added some volatility to the cost of transactions. (2/8).

ℹ️ Why WAX didn’t implement REX:. Feature changes can have a major impact on #blockchain operations, we carefully consider which features to build, add, or omit. For multiple reasons, we chose not to implement #REX, and in hindsight, this was the correct move. (1/8).

🔥 Want free $WAXP merchandise? You can earn it! Join the official WAX Telegram chat, earn reputation points from other community members simply by participating in conversations. 👉 Become a WAXPert and reach the top of the leaderboard:

🎥 Are big #videogame companies ready to adopt #blockchain technology? What about indie game devs?. WAX Co-Founder @WilliamEQuigley gives the answer to this question, and the reasons why, in the latest episode of WAX ON:

🎥 Curious what we did at @WorldCryptoCon 2019? Well, one of the things was spreading the word about all things $WAXP. Watch the interview between co-founder @WilliamEQuigley and Dan Hunt on #YouTube: #worldcryptocon #WCC2019 #blockchain #crypto.

📰 $WAXP News Roundup. 🗞️New partnerships with @dfuseio & @colletrix.🗞️Office of the Inspector General: 🗞️2 new episodes of WAX ON: 🗞️WAX at @WorldCryptoCon - An overwhelming success.🗞️WAX All Access Update: