![]() ![]() If you're interested in this, perhaps you'd be better off investing in Iota. I say this because Walton is aiming squarely at China, but the Chinese don't part with their money or gold very willingly. They get more trade from the US, Korea, Thailand, Europe than they do from China and that Chinese investment is almost all moving BTC or ETH over to trade with. Take a look at the Binance trading information. ![]() The Chinese control the mining but it as for actual cash investment (the real driving force) it looks like minow countries like Thailand have more real cash invested than the whole of China. I know this is going to have people up in arms, but just look at the exclusively Chinese exchanges - the cash input is very low, whilst BTC transfer is very high. Also, the Chinese whilst being immensely interested in mining alts show very little in the way of real cash investment. This offers too little, too late to be of any interest. Another strong point in favor of Iota over Walton is Iota has zero tx fee, whereas Walton appears to be charging fees for everything. The difference being it could be adopted for any RFID and not just a single model. Iota makes no such chips, but it could be easily adopted for RFID use. The main reason to avoid is because of the RFID chips - they will have a monopoly over these chips which is an added expense that I don't see manufacturers or sellers adopting. In fact, there were more reasons to avoid this. However, I failed to see any improvement over Iota. I read the whole whitepaper as well as various summaries of this prior to it being listed. people there are diving deep to try and confirm things. Waltonchain project team and Korea University of Engineering Department reached agreement on cooperation (thanks /u/zz25zz/): Īlso keep an eye on. Sources: (thanks /u/Crypto913) (thanks /u/kharn83/ (an example patent /u/Boterkoek123 found, submitted by Jin Xiji)Īn excellent analysis on the Walton Whitepaper by /u/Samall415: He's also an IEEE senior member, VP of the Korea Institute of Electrical Engineering and Chairman of the Korea Semiconductor Industry Association. He holds 30 patents and has written 160 papers on chip/semiconductor technology, which ties in perfectly with the RFID nature of the project. He worked for Samsung Electronics for over 20 years and is now on the WTC team. This has been confirmed Jin Xiji is a former president/senior managing director of Samsung Electronics. Senior advisor is an ex-Samsung vice president. While all the names of the revered techies on the team have been confirmed, I don't think anyone has been able to confirm the angel investors yet. Just wanted to post this as I did some research myself. When people comment on Waltonchain, a common knee jerk reaction is to question some big names listed in the white paper. r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUmining Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban.See our Expanded Rules wiki page for more details about this rule. ![]() If you meet our requirements and want custom flair, click here. Please make quality contributions and follow the rules for posting. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Be nice to each other! r/CryptoCurrency is a welcoming place for all people and all cryptocurrencies. ![]()
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