
Hourglass (WAIT)
Key data
updated $0Hourglass (WAIT) is a cryptocurrency that trades under the ticker WAIT. The name plays on the idea of waiting — time as a core theme of the project. Like most digital coins, it runs on its own blockchain network and is designed to be sent and received without intermediaries such as banks.
Frequently asked questions
What is Hourglass and how is it different from Bitcoin?
Hourglass is a standalone cryptocurrency with the ticker WAIT, built around the concept of time and patience. Its main technical distinction from Bitcoin is its supply: WAIT has a hard cap of 100,000,000 coins, which is roughly half of Bitcoin's 21 million... actually, about five times more. Beyond that, it's a standard digital currency used for peer-to-peer transfers.
How does the Hourglass network work?
WAIT operates as a blockchain-based cryptocurrency, meaning transactions are recorded on a distributed public ledger maintained by network participants. This removes the need for a central authority to verify transfers. For specifics on its exact consensus mechanism, it's best to check the project's official documentation, as details can evolve.
How is the supply of WAIT issued?
Hourglass has a hard cap of 100,000,000 coins — no more WAIT will ever be created beyond that limit. A fixed maximum supply is a common anti-inflation feature: it prevents the total amount from growing indefinitely. Coins are released into circulation according to the emission schedule defined by the project.
How can I store and use Hourglass?
WAIT can be stored in cryptocurrency wallets that support the coin — the project's official site lists recommended options. From a wallet you can send and receive WAIT, trade it on exchanges where it's listed, or simply hold it. As always with crypto, keep your private keys and seed phrase safe, since losing them means losing access to your coins.