For over 20 years I've tried a variety of waxes, heavy greases both applied by "cooking" and the current light weight oils like TriFlow.
I've noticed that the new rage is lightweight liquids claiming to contain wax that dry the same way cooking a chain in wax did. These products have appeared as Boeshield and even TriFlow has introduced a "dry" wax based liquid. Some even claim to contain wax with teflon so you get the best of both worlds.
I've tried them and feel that the wax film that's left is too light to be effective. In truth, I can't detect any wax when it dries. The liquid used as a transport medium to flow the wax into the joints seems watery thin and little if any seems to stay in the joint. Most of it seems to run right through and off onto the floor.
So I'm sticking with the Triflow w/teflon liquid oil that I've used for quite a few years now. It works well as a chain lube if applied once a week and also does a good job oiling pivots in derailleurs, brakes, cables etc. It's much more of a lubricant that WD-40 is but in fairness, WD-40 was meant mostly as a water dispersant and rust preventative than a lubricant and I use it liberally for those purposes.
Waxing a chain? That's too nostalgic for me...
Bruce Schrader San Francisco
===== "Not all those that wander are lost." -J.R.R. Tolkien (1892-1973)