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.

Progress of Wanchain 5.0 Testnet: Two Storeman Groups in Competition & WanWallet Test Version Upgraded (October 15th Update)

16 Oct 2020 2 minute read 1 comment ZooKeeper

Updated on October 15th, 2020 Two groups of the Storeman Group are now in the state of competition Currently, there are two groups of Storeman Group in the state of competition (or so-called election): The Storeman Group named testnet_005 is the...

Wanchain 5.0 Open Beta Testnet Bounty Program

30 Sep 2020 2 minute read 0 comments ZooKeeper

Earn $WAN rewards by helping us test Wanchain 5.0’s new crosschain features!   The Wanchain 5.0 Testnet is now fully open to the public. We invite all node operators, developers and general users to participate in the Wanchain 5.0 Open Beta Testnet B...

Say Hello to Wanchain’s DApp Ecosystem

16 Sep 2020 3 minute read 1 comment ZooKeeper

To mark the addition of the official DApps section to the Wanchain home page at: https://www.wanchain.org/dapps/, we present this overview of the most prominent DApps in the Wanchain ecosystem. In this article you can find an overview of the DApps wh...

Secure Multiparty Computation and Shamir’s Secret Sharing on Wanchain

13 Sep 2020 5 minute read 2 comments ZooKeeper

What exactly are these two concepts, and why are they so important? Let’s begin with Secure Multiparty Computation.   Secure Multiparty Computation MPC is defined as a way for multiple parties to run a computation on a series of inputs for which each...

Wanchain Launching “The Scoop” —Your Weekly Summary of Everything Important in the Crypto World

11 Sep 2020 3 minute read 0 comments ZooKeeper

The Scoop for September 3rd to September 10th 2020   Why we’re starting “The Scoop” This article was originally written as a document for internal purposes. I began writing it to make sure the entire Wanchain team is kept up to date on all the import...

Monthly Wanchain AMA: August 2020

5 Sep 2020 11 minute read 0 comments ZooKeeper

Thank you for all your questions! We read and discuss every single question and consult with all relevant team members to get the best answer for each question before publishing. If you have any questions about Wanchain and the current developments,...

Cross-chain ETH-WAN Bridge LIVE on the Rinkeby Testnet

3 Sep 2020 3 minute read 0 comments ZooKeeper

We first announced Wanchain 5.0 with its Wanchain to Ethereum cross-chain bridge less than two months ago in our mid year update article. Since then, Wanchain’s R&D team including several of PhDs in cryptography & other related disciplines, and our o...

Wanchain and Pundi X Join Forces to Bring Cryptocurrency Commerce to the Masses

31 Aug 2020 3 minute read 0 comments ZooKeeper

Use WAN coin and Wanchain wrapped assets WBTC, WETH, and WEOS to pay for your favorite goods and services!   Wanchain and Pundi X first partnered in May 2018 to extend cryptocurrency accessibility to the public through the native Pundi X point-of-sal...

Wanchain 2020 Road Map Update: Building a Cross-Chain DeFi Ecosystem

29 Aug 2020 10 minute read 2 comments ZooKeeper

The last six months have been a whirlwind of furious research and development for the Wanchain team. It may be the understatement of the century to say that a lot has happened since January 2020 and, as a result, our vision has become sharper and mor...

Pundi X will support Wanchain’s cross-chain assets

23 Jul 2020 2 minute read 0 comments ClaudioxBarros

Pundi X is proud to announce that we will now be integrating support for Wanchain’s ecosystem cross-chain assets into all XPOS devices. Coins such as WAN, the Wanchain native coin, WBTC, WEOS, and WETH will be added as cryptocurrencies to the XPOS p...