WaykiChain WICC to Enigma ENG Exchange

Crypto Pair Details: WICC to ENG

WaykiChain WICC

WaykiChain is a blockchain-based gambling platform that supports Turing devices. Other highlights include the fact that it makes use of a DPoS (Delegated Proof-of-Stake) consensus mechanism, that it generates a new block every ten seconds, and that it uses eleven voting nodes. According to the team behind the Hong Kong-based project, the network is also capable of handling 1000+ transactions per second. The platform’s main goal is to offer users a stable and secure gambling environment. WaykiChain uses a DPoS consensus mechanism with eleven accounting nodes. The annual rate of return is 5% for the first year, with a 1% increase with every year that goes by. Each time a block is created, an accounting node is randomly associated. The accounting node gains all of the transaction fees in its accounting block. Users can earn interest by locking WaykiChain coins. The interest is automatically determined each time the votes for the corresponding user account change. The terms of betting are triggered by the initiator through smart contract transactions. Users can initiate various betting contract transactions, all of which can be searched and identified in the block browsers. Even though it’s not a very popular project in the crypto space at the current moment, WaykiChain has the potential to expand its reach and spark the interest of people due to its decentralized gambling platform. The timing is also a very fortunate one, as the team seems to have everything in place before the start of the 2018 FIFA World Cup. The project has a powerful dApp associated with its name. The WaykiChain Betting provides its users with real-time betting possibilities, in a transparent and open way. All the betting data is public, searchable, well organized, and cannot be changed or affected by any third-party interests. Any potential illegal actions can be, therefore, easily discovered.

Enigma ENG

Enigma is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving them access to much-needed storage, privacy, and scalability. Enigma wants to extend Ethereum Smart Contracts by introducing secret contracts, a brand of smart contract that gives users an element of privacy that’s not intrinsic to current blockchain protocols. These contracts operate off-chain, meaning the execution of the Smart Contract doesn’t occur on the Ethereum blockchain itself. This is how the Enigma protocol works: it breaks up the Smart Contract and any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes. Enigma has a protocol level. The Enigma privacy protocol allows for decentralized computation of sensitive data. It has a platform layer too. On this protocol, dozens of platforms such as data marketplaces and AI exchanges can be built. In its application layer, it enables thousands of truly decentralized apps that require private computation and secure data.Its first application is catalyst. Catalyst is the first application to be built on the Enigma protocol, already active with tens of thousands of users. Catalyst is a revolutionary platform for data-driven cryptoasset investing and research, built for professional crypto traders. Enigma has a team of MIT graduates, and they’ve been working diligently to ensure Enigma’s success. Guy Zyskind, Enigma’s CEO and cofounder, helped start the project while he was still a student at MIT. He has more than a decade of software development experience with an M.S. from MIT. Sandy Pentland, a well known MIT data scientist who gained fame for his work in data-mining social interactions, is Zyskind and Nathan’s adviser on Enigma. With other advisors such as Alex Pentland, who sits on the Advisory Boards for Google and Nissan, CEO of Abra, Bill Barhydt and director of MIT media lab, Prof. Alex Pentland, it is hard to difficult a fault in the team.

SOURCE: COINGECKO

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