Wanchain (WAN)

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Wanchain (WAN) is a blockchain platform founded in 2017 by Jack Lu and Dustin Byington, who are also the founders of projects Factom and Tendermint respectively. Wanchain is viewed by the team as a bridge in the currently disparate decentralized financial world.

The network makes use of a number of features to distinguish itself from other projects with a similar goal, these being cross-chain functionality and private transactions through the Ring Confidential Transactions technique. 

Calling itself the most advanced blockchain interoperability hub, the Wanchain team is working on connecting isolated public and private blockchains. The team has listed 4 major use cases for this concept: cross-chain decentralized exchanges, cross-chain mobile payments, connected enterprise blockchains and decentralized financial applications. 

Wanchain has established several partnerships to expedite the process of different chains working together. Partners include PundiX, MakerDAO, ICON and Aion, the latter two and Wanchain being members of the Blockchain Interoperability Alliance.

At the end of 2018, Wanchain published their agenda for 2019, which included a proof of concept for a Proof-of-Stake algorithm and alpha testing for it, upgrades to the wallet, more ERC20 token integrations, multi-asset wallets, the live launch of the PoS algorithm and the launch of Wanchain 4.0.

The team completed several of these objectives in 2019. Most recently, the team completed the switch to the PoS algorithm. The team also released mobile, desktop and offline wallets. As for Wanchain 4.0, it is expected by the end of the year. Also worth mentioning is the focus on ecosystem development, and the project has made much progress on that front, as a slew of releases on the official blog will attest to.

State Grid Corporation of China selects Wanchain’s blockchain technology to upgrade national data management system

30 Mar 2021 1 minute read 3 comments ZooKeeper

30th March, 2021, Beijing, China — Wanglu Tech Ltd. (“Wanchain”) is pleased to announce that the State Grid Corporation of China (“State Grid”) has approved the results of its contracted feasibility study. The study systematically analyzed the impact...

XRP now cross-chain compatible with Wanchain and Ethereum testnet

29 Mar 2021 1 minute read 0 comments FxCryptoNews

XRP the native token of leading cross-border blockchain platform Ripple is now cross-chain compatible with Wanchain and Ethereum testnet. The Wanchain team revealed this development on March 29 on twitter and further explained it in a medium post.  A...

Wanchain Integration: XRP now cross-chain compatible with Wanchain and Ethereum testnet

29 Mar 2021 2 minute read 0 comments ZooKeeper

The Wanchain team is pleased to reveal that cross-chain bridges connecting Wanchain’s testnet, Ethereum’s Rinkeby testnet and the XRP Ledger’s testnet are live and operational! In other words, XRP can now move freely between these three networks — in...

Wanchain: The First Ever Fully Decentralized BTC-ETH direct bridge is live!

27 Mar 2021 1 minute read 2 comments ZooKeeper

The next era of DeFi is here! After much anticipation, Wanchain’s 4th Storeman group have begun their invaluable work, marking the debut of Wanchain’s Universal Multi-chain Bridges with Shared Staking Assets! This new cross-chain mechanism introduces...

Wanchain- All aboard! Applications for ERC-20 integrations now open to all!

25 Mar 2021 1 minute read 0 comments ZooKeeper

Today, hundreds of heterogenous blockchains exist. The vast majority of these are siloed — making it impossible for them to reach their full potential. The cost of this lost potential isn’t borne by each individual project, but by their end users: th...

WanFarm mining tutorial

10 Mar 2021 1 minute read 0 comments tokenization

1. Open WanFarm and connect to MetaMask wallet Open WanFarm in Google Chrome: https://farm.wanchain.org; And click the connect wallet button; 2. Add liquidity to SushiSwap Click on the currency pair that is ready to participate in mining, and you wil...

What is WanFarm?

10 Mar 2021 2 minute read 0 comments tokenization

WanFarm is a pledge mining DeFi application initiated by the Wanchain team and deployed on Ethereum. WanFarm application, which aims to promote a series of mainstream public chain cross-chain tokens such as wanBTC, wanDOT, wanXRP, wanEOS, wanTRX, etc...

Wanchain's WanFarm Is Live! A New Journey Begins for wanTokens To Join SushiSwap & WanFarm!

10 Feb 2021 2 minute read 1 comment ZooKeeper

WanFarm, an Ethereum-based yield farming dapp, is now live! WanFarm Link: farm.wanchain.org What is WanFarm WanFarm is an Ethereum-based staking & farming DeFi application which is initiated by the Wanchain team. WanFarm aims to promote a series of w...

Wanchain - The Third Storeman Group Begins February 1st, 2021 — Don’t Forget to Register Your Node!

27 Jan 2021 3 minute read 1 comment ZooKeeper

The Storeman Group has been running for more than two months since the first group open on November 21st, 2020. According to the cycle parameters, the third Storeman Group will begin its selection on February 1st, 2021. Make certain to prepare your n...

Wanchain - Recent Crosschain Q&A from Chinese community

22 Jan 2021 4 minute read 0 comments ZooKeeper

Q1. How crosschained BTC to wanBTC is realized? A: Please read this article for general idea: https://www.explorewanchain.org/#/technology/cross-chain Codes on Githhub Repo:https://github.com/wanchain/wanchain-crosschain-contracts/tree/btc_wan_cross...