Wanchain (WAN)

101 Articles 6 Followers

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.

XRP meets Wanchain AMA

27 Feb 2021 1 minute read 0 comments K3rn3lz

XRP will be the fourth major public blockchain integration with Wanchain. To welcome the XRP community and talk about what possibilities this opens for both blockchains, we will host an AMA in collaboration with the XRP community chat. We envision a...

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...

The Wanchain 2021 Roadmap!

24 Jan 2021 3 minute read 3 comments ZooKeeper

2020 has been a major step forward for Wanchain in realizing the vision initially set out in our whitepaper several years ago. We have successfully launched our decentralized, permissionless, and community controlled cross-chain wanBridges with Wanch...

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...

Major Upgrade of Wanchain-Based Dark Forest, Exploring Universe Artifact NFTs

20 Jan 2021 6 minute read 0 comments ZooKeeper

What is Dark Forest? Dark Forest was first developed by the team of the Ethereum community and released to the Ethereum blockchain (Original Dark Forest URL: https://zkga.me/). It became more and more popular among Ethereum players. What is more note...

Understanding Wanchain Two-Way Bridge and Direct Bridge for crosschain operations

16 Jan 2021 7 minute read 5 comments ZooKeeper

Wanchain is a blockchain project that focuses on building bridges to connect with public or private, homogeneous or heterogeneous, blockchains. From Wanchain 2.0 to Wanchain 5.0, Wanchain has connected with various blockchains such as Ethereum, Bitco...

Wanchain Introducing The Universal Multichain Bridges with Shared Staking Assets

15 Jan 2021 10 minute read 0 comments ZooKeeper

Background Wanchain is a project focusing on bridging homogeneous and heterogeneous blockchains to allow assets to transfer across multiple ecosystems. Recently Wanchain released Wanchain 5.0 with a fully permissionless and decentralized crosschain m...

Upcoming at Wanchain: An Ethereum DeFi WanFarm & A Major Upgrade to Wanchain’s Cross-chain Mechanism

9 Jan 2021 2 minute read 0 comments ZooKeeper

Wanchain’s cross-chain DeFi ecosystem ushered in great development. Cross-chain DeFi projects such as WanSwap and WanLend were born successively and achieved great success. With the continuous development of Wanchain’s cross-chain mechanism and the g...

2020, A Year of Many Achievements For Wanchain

2 Jan 2021 3 minute read 1 comment ZooKeeper

2020 was an extremely extraordinary year for every country, every company, and even every individual. As we roll on into the new year, it’s time to take a look back and reflect on what the Wanchain team and community have accomplished in the las...