Chainlink (LINK) vs WAX (WAXP) Comparison

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Company

User rating

5 / 5 3 user review 4 / 5 1 user review

Cryptogeek rating

4.2 / 5 0 / 5

Trust Score

How it works
4.49 / 5 1.3 / 5

About

ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.  Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution. Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.

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Company
User rating User rating 5 / 5 3 user review User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.49 / 5 Trust Score 1.3 / 5
About
ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.  Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution. Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
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Social

Website

chain.link wax.io

Twitter

@chainlink No data
Website Website chain.link Website wax.io
Twitter Twitter @chainlink Twitter No data

Advantages

Technological capabilities Offers decentralized oracles Significant presence on social networks -

Disadvantages

Few guarantees for the investors Little communication on further developments -

Rating

User rating User rating 5 / 5 3 user review User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Advantages Advantages Technological capabilities Offers decentralized oracles Significant presence on social networks Advantages -
Disadvantages Disadvantages Few guarantees for the investors Little communication on further developments Disadvantages -

Chainlink (LINK) user rating is 5, based on 3 user reviews. WAX (WAXP) user rating is 4, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.49 / 5 Write review
Trust Score: 1.3 / 5 Write review
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