In recent days, Thunder's blockchain-based virtual asset "Wanke Coin" (玩客币) has been embroiled in controversy, mistakenly labeled as a cryptocurrency akin to Bitcoin or an Initial Coin Offering (ICO). However, deeper discussions have also drawn attention to its technological novelty. CCTV's recent coverage featured industry experts affirming Wanke Coin's innovative potential within a regulated ecosystem.
Understanding Wanke Coin: A Reward System for Shared Computing
Wanke Coin is a digital asset within Thunder's shared computing ecosystem, rewarding users of "Wanke Cloud" hardware for contributing idle bandwidth, storage, and computing resources. Introduced in 2014, shared computing leverages authorized devices to aggregate distributed resources, using virtualization and intelligent scheduling for efficient, eco-friendly cloud services. Blockchain technology ensures transparency in incentives, unlocking new possibilities for this model.
Key Distinctions from ICO and Bitcoin
- Not an ICO: Unlike fundraising tokens, Wanke Coin doesn’t involve capital pooling (per legal expert Jin Yan).
- Utility-Focused: It functions like "Q Coin" within Thunder’s ecosystem—redeemable for services (e.g., faster downloads, cloud storage).
- Technical Differences: Its validation mechanism and closed-loop design fundamentally differ from Bitcoin’s open mining.
Expert Perspectives from CCTV’s Report
Bao Yu (Innovation Lab Founder):
"Wanke Coin incentivizes resource-sharing, but speculative trading risks distorting its purpose. Thunder should clarify operational details further."
Jin Yan (Lawyer, Dongfang Jinyuan):
"Absent fundraising, Wanke Coin doesn’t qualify as ICO under current definitions."
Wei Kai (China Academy of Information and Communications Technology):
"Thunder’s blockchain exploration aligns with distributed commerce trends. Its 400M-user base could accelerate mainstream adoption."
Thunder’s Stance Against Speculation
CEO Chen Lei has repeatedly warned users against投机炒作 (speculative trading). In November, Thunder banned third-party Wanke Coin transactions and announced plans for a实名制 (real-name verification) system to curb misuse.
The Bigger Picture: Blockchain’s C2B Potential in China
Despite early-stage challenges, Wanke Coin represents China’s first major consumer-facing blockchain application. Like the internet’s disruptive emergence in the 1980s, societal skepticism accompanies groundbreaking tech. As Wei Kai notes, nurturing such innovation could propel China’s blockchain leadership.
FAQ Section
Q: Can Wanke Coin be mined like Bitcoin?
A: No. Wanke Coin is issued solely as a reward for shared computing contributions—not through competitive mining.
Q: Is Wanke Coin legal in China?
A: Experts confirm it avoids ICO and fundraising red flags, but Thunder actively combats unauthorized trading to comply with regulations.
Q: What’s the future of Wanke Coin?
A: Focused on ecosystem utility (e.g., service exchanges), its value hinges on Thunder’s shared computing growth, not market speculation.
👉 Explore how blockchain is reshaping cloud computing
This article adheres to Google SEO best practices, integrating keywords like "Wanke Coin," "shared computing," and "blockchain innovation" naturally. All promotional links except the specified anchor have been removed.
### Key SEO Elements Integrated: