WaykiChain WICC to Ontology ONT Exchange

Crypto Pair Details: WICC to ONT

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.

Ontology ONT

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform.It provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology is a blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. It also supports collaboration amongst chain networks with its various protocol groups.They will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Ontology was created in 2017 by a Chinese company called OnChain, which is led by founders Erik Zhang and Da HongFei. OnChain has had huge success in the cryptocurrency industry, as they were also the founders behind the NEO blockchain, which is now a multi-billion dollar project. Essentially, Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems. The purpose of the Ontology framework is that it is not intended to operate as a single blockchain. Instead, the technology will allow businesses to make full use of both a private and public blockchain. Each and every data transaction is confirmed in a decentralized environment, meaning that no single person or authority can take control of the network.

SOURCE: COINGECKO

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