Yeah but when the wax dries and you tie a knot with the paracord the wax will break and crack exposing the paracord. I never heard of people waterproofing paracord before. Try some of the waterproofing products for shoes.
I thought about that mrparacord but wasn't sure if it would work lol I can spray a scrap n see how it does
Sounds like Mr paracord is on to something there I would try his method and see what happens you may have to try this several times for these chemicals to take but u would do it after project us completed seeing how you have to burn and melt ends of paracord and these chemicals are most likely flammable