WTC Meets Privacy

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5 February 2020 – It is with pleasure that we announce that Waltonchain’s WTC token is now available in the Incognito Wallet and on the pDEX , the world’s first truly private decentralized exchange .

Waltonchain operates in the supply chain sphere, where traceability of stock and transparency are of the utmost importance. However, the inverse is true when it comes to cryptoassets – details of balances and information related to trades are better off hidden , which is where Incognito comes in.

We’re giving WTC holders the option of a privacy version of their token , known as pWTC , so they can transact and store their assets privately.

To obtain pWTC, users simply need to download the Incognito Wallet , available for both Android and iOS . With it, they can deposit their WTC and exchange it for the aforementioned privacy version at a rate of 1:1 – enabling them to store, send and receive tokens under the secure veil of anonymity , so that nobody can track or trace their activity of balances. Furthermore, they can swap it back to WTC whenever they like .

pWTC has also been listed on the Incognito pDEX , accessible via the Incognito Wallet. pDEX has no listing fees and allows users to:

  • Add any WTC or any other currency pairing
  • Supply liquidity and earn trading fees
  • Add or remove liquidity whenever they choose

For a more comprehensive guide on trading on the pDEX, click here

The first currency pairing for WTC is already live and is with Incognito’s native coin, Privacy (PRV) . The WTC/PRV pairing has had liquidity supplied by Incognito and at the time of writing, its pool size is 7,855.8411pWTC + 7,185.5291 PRV.

To help get the WTC community on board, we’re also giving holders their first pWTC for free! Click here[link] for more details.

About Waltonchain

Waltonchain integrates blockchain technology with the world of supply chains and logistics, creating a VLOI (Value Internet of Things) ecosystem that utilizes RFID chips to provide certifying and tracing solutions for a variety of different industries and services. WTC is the token Waltonchain uses to reward their users who help maintain their innovative network.

About the Incognito pDEX

The Incognito pDEX is a truly anonymous decentralized exchange. Users can trade safely knowing that their balances and transaction histories are completely confidential.

pDEX is blockchain agnostic and powered by zero-knowledge proofs – designed to deliver a privacy-first, mobile-optimized, cross-chain trading experience. pDEX is built on the Incognito sidechain which runs parallel to other blockchains to facilitate seamless 2-way transfers of crypto assets whenever privacy is needed.

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Walton token here says that is ERC20, but Walton has swapped chain to it’s own, right? Will it still work if I shield Walton tokens from his own chain?

bildo

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WTC is supported on Incognito as an ERC-20. If WaltonChain has migrated to their own mainnet, then attempting to shield native WTC to Incognito will not be successful. A bridge to WTC would need to be developed to enable native WTC support.

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