Here is a comprehensive and updated look at Waltonchain (WTC):
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What is #Waltonchain
• A blockchain platform dedicated to supply chains employing Internet of Things (IoT) technology with RFID chips to track products from source to consumer .
• Sub-chains specific to enterprises are created building on the main chain, enhancing performance and customization .
The role of WTC
• A native currency used to pay transaction fees, create sub-chains, and distribute profits to operators through masternodes () contracts.
• The total supply is 100 million WTC with about 29 million currently in circulation, with the remainder being gradually released through mining and the credit system .
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Technology and Consensus Mechanism
• Relies on the innovative Proof-of-Contribution mechanism (merging PoW, PoS, and PoL), allowing for exceptional profit distribution to users and enabling reliable tasks .
• Allows users to join as node operators (MN, GMN, SMN) with certain minimum WTC amounts such as 5,000 and 10,000 Tokens .
Performance and Market
• Current price: about $0.08 per WTC, up ~42% over 24 hours .
• Market cap: around $2.44 million, with a daily trading volume of about $216,000 .
• Market rank: falls within currencies ranked ~1,742 by market cap (). #WTC $WTC