The "paraffin" waxes are derived from petroleum and are high-melting point members of the alkane series, with melting points in the 50-80 degree C range (25 to 30+ carbons in the molecule). They are chemically inert, hence the name "paraffin", from the Latin "parum affinis", meaning little affinity. They contain no organic acid moiety.
The waxes derived from plants and animals, on the other hand, are *esters* of an organic alcohol such as cetyl alcohol, and an organic acid such as palmitic or stearic acid (each component, acid and alcohol, may have around 15 to 30 carbons; stearic acid has
18 carbons). The problem with these waxes is that they are hydrolytically unstable. In the presence of moisture they can decompose into their acid and alcohol components. And especially if in addition to moisture, electricity is around. Paraffins cannot decompose in this way.