Waltonchain (WTC)

Waltonchain

$10.8824 USD (-1.99%)
BTC (-1.99%)
Market Cap
$338922547.0
USD
31144099.0 WTC
Volume (24h)
$6800890.0
USD
624943.94618834 WTC
Circulating Supply
70000000.0
Waltonchain
Max Supply
100000000.0
Waltonchain

WaltonChain has been developed by a team in China. WaltonCoin (WTC) is the underlying symbol.  It is named after Charles Walton who invented RFID (Radio-Frequency Identification) technology. The process makes use of electromagnetic fields to distinguish and trace tags attached to objects instinctively. The e-information rich passive tags obtain energy from radio waves of an RFID reader nearby.

The System of WaltonChain

The parent chain and the sub chains, also known as child chains construe the Walton ecosystem. The parent chain is referred to as Waltonchain. Waltoncoin is the token used in the system for circulation and making payments. The entire supply chain system of an industry can be opened up in the initial stage using the Waltonchain. These supply chain may include production, logistics, warehousing, and stores.

The Process of WaltonChain

There can be any number of sub chains, ideally speaking. The Waltonchain platform hierarchical structure has four layers including the bottom layer, a core, middle and an application layer. The WaltonChain project is used for promoting and implementing of RFID applications by using the with Walton ecosystem in combination with the unique decentralized blockchain technology.

WaltonChain is the main parent chain in the system while WaltonCoin is issued for making payment and for circulation in the system. WaltonCoin has a circulating supply of 100 million tokens. These tokens and created and set in the Genesis Block. At any point in time, the number of tokens remains constant fixed. Proof of State and Trust (PoST) is the mechanism adopted by the WaltonChain for validation and block consensus. PoST is an advanced and improved version of the commonly used Proof of Stake or consensus mechanism.

Functions of WaltonChain

The key functions of WaltonCoin include creating sub chains by users having WaltonCoin and allocating dividend interest derived from the transaction fee to the node wallets. The functions also include using smart contracts to form credit and mortgage system and creating distributed asset exchange.

A total of 100 million of WaltonCoins are issued and produced in the genesis block. They are allocated to each account by following an established process. At all times, the total amount of WTCs remains the same in subsequent transactions. More accounts will be created using the decentralized network through the nodes. A large number of WTC transactions will also be carried out between the accounts. All transactions will be recorded on the block at an interval of 6 seconds and linked to the earlier block, this creating the Walton parent chain. This is the open ledger of WTC transactions. They are stored in the nodes in the network for reliability and security of data.

Hashgains Mining Plan

TOPAZ
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
RUBY
$ 400
1 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
EMERALD
$ 2000
5 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
SAPPHIRE
$ 4000
10 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
 
Customized
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
TOPAZ
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
25 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
200 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
RUBY
$ 500
2.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
EMERALD
$ 1250
6.25 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
SAPPHIRE
$ 2500
12.50 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
 
Customized
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
TOPAZ
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
RUBY
$ 245
50 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
EMERALD
$ 490
100 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
SAPPHIRE
$ 980
200 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
 
Customized
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
TOPAZ
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 5250
15 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
RUBY
$ 250
50 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
EMERALD
$ 500
100 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
SAPPHIRE
$ 1250
250 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
 
Customized
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months