/biz/ - Business & Finance

Go on the chinacrypto.info telegram. Go on the ChinaCrypto Twitter. Check out bang crypto bang on twitter. There's a community of over 3000 users who are all in Ven and they shit over Walton constantly. Every bloody day.

The guys in there claim to have all the Knights personal information including naming their real names and where they live. Laowai the admin of that group claims "if it wasn't for me - there probably wouldnt any WTC fud"

It's not hyperbolic to say there is a large chunk of the VEN community that overly fud WTC and overly shill their own coin - this is a fact. There is literally nothing you can do to argue these things - because they've all happened.

Why are they so afraid of Waltonchain?

Walton cucks are literally spreading disinfo. A walton cucks will tell you how much better their "rfid and iot tech" is
There's literally no proof of Walton having better tech at all. It' all vapor and buzzwords on their white paper.

They claim standard features of iot blockchain as ‘patented innovations’ and they claim other things that the world’s top iot firms cant do.

Their whole selling point is 5 cent rfid chips, except theres no proof that walton has 5 cent rfid chips just saying "eventually it will be 5 cents"

The essential difference between Walton and VeChain is the layer at which the blockchain is implemented. Walton has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. VeChain does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, VeChain is inherently less decentralized and less secure.

This is the essential difference, and it's not a deal-breaker for VeChain, but it is a fact, and it does matter. Walton is somewhat ironically better at authentication than VeChain for this reason, despite VeChain's original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).

But there are other advantages to making your own chips. VeChain is using someone else's hardware and then repurposing it for their blockchain. Walton has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Walton's are less than 5.

he essential difference between Walton and VeChain is the layer at which the blockchain is implemented. Walton has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. VeChain does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, VeChain is inherently less decentralized and less secure.

This is the essential difference, and it's not a deal-breaker for VeChain, but it is a fact, and it does matter. Walton is somewhat ironically better at authentication than VeChain for this reason, despite VeChain's original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).

But there are other advantages to making your own chips. VeChain is using someone else's hardware and then repurposing it for their blockchain. Walton has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Walton's are less than 5.

Ven - Centralized
Walton - Decentralized

Ven - Buys RFID chips
Walton - Makes their own patented RFID

Ven - No whitepaper, no info on how to scale
Walton - Sexy whitepaper, patented childchain for scalability

Ven - Contracted to build Smart City in inland city Guiyang
Walton - Contracted to build Smart City for unknown Korean City and "Smart Oceans" blockchain R&D project with Fujian Provincial Government
Air purification and smart monitoring project with Jinhu Provincial Government
Building "Blockchain Silicon Valley" with Taiwan Cloud and Fujian Provincial Governmen.

>WTC

>Korean government support to build smart cities
>Chinese government support for smart cities and agriculture.
> China’s biggest mobile network companies : China mobile and China telecom signed parternerships.
> Second biggest pharmaceutical company in the world glaxosmithkline signed under partnership.
>World’s biggest clothing retailer and producer H&M under partnership | Inditex/Zara in talks.
>Partnerships with korea’s biggest exchanges.
> Revolutionairy scaling mechanism unique and patented .
> WTC chips will be built in all mobile phones from 2019 and on.
> Proof of stake/work and TIME all in one wallet.

Ven
> an obsolete auditing company that will get replaced by smartcontracts unless they hit it big with a random blockchain startup.
>Needs to copy WTC’s every move
> Active twitter team

Who has the upper hand, no shilling or shitpost defending one or the other. To the point comments only pls.

Vechain announced IoT alliance:
https://www.trusted-iot.org/

Waltonchain announced IoT alliance :
https://www.slideshare.net/knabeno/iot-platform-alliance-diagram-2017-may

Both got big names on their side, but upper hand to Walton for clearly bigger companies.

Walton launch Genesis Master Nodes
3 days later Vechain announces Apotheosis master nodes

Walton says ICOs will be launced on platform
Vechain say days later ICOs will run on platform

Walton announce AMA
Vechain announce AMA to be held day before walton

Walton delayed blockchain
Vechain delays blockchain

Vechain waiting for release of Walton blockchain so they can copy it, does not realize its not open source and gets fucked.

Get ready for more delays on Vechain blockchain.

Vechain have become what they are here to stop, counterfeiting real products.

Firstly why the rivalry?

Can someone pls elaborate the
pros and cons of both?

As i understand they both China coins, they have not released blockchain.
Walton bad english whitepaper and vechain no whitepaper.