Exchange rate Wanchain:
0.87zł
Market capitalization
Volume (24h)
Supply in circulation
All-Time High
All-Time Low
Popularity by CMC
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| -1.58% | -2.43% | -1.32% | -7.55% | -12.99% | -58.7% |
Oceń kryptowalute
Wanchain Cryptocurrency
Wanchain is a distributed ledger that allows for cross-chain transactions and the interoperability of multiple chains. Although Wanchain facilitates transactions between blockchains, it is also a stand-alone blockchain that runs autonomously. The protocol acts as a distributed ledger that processes and maintains records of cross-chain transactions. Due to its origin as an Ethereum (ETH) fork, Wanchain enjoys some of the Ethereum blockchain's properties. Transactions on Wanchain occur not only between different public blockchains, but also between private chains. Wanchain uses smart contracts to process applications in a secure and autonomous manner. Applications for the Wanchain protocol include decentralized exchanges (DEXs), lending and borrowing platforms, stablecoins, crowdfunding, and multi-currency payments.
Founders
A non-profit organization based in Singapore, Wanchain also has a significant presence in Austin, TX. Wanchain was founded by Jack Lu, a pioneer in the area of blockchain technology. The principal contributor to the open-source Wanchain project before taking on the role of CEO of Factom is Lu Wanglu. Lu is also co-founder of Wanglu Tech, a blockchain application development company. Byington is a blockchain veteran having founded Bitcoin College in 2014 as well as co-founding Tendermint, a software mechanism to securely and consistently replicate applications across machines. Byington also co-founded Satoshi Talent, a platform to connect blockchain entrepreneurs with developers. WAN tokens were initially distributed as ERC-20 tokens to ICO participants, but it '
Features
- Wanchain is trying to create a wider market for digital assets by establishing connections between different blockchains. Through smart contracts, security measures, and its own token (WAN), the platform has been able to develop a series of applications.
- It uses the Locked Account Generation Scheme to secure funds and keys when there are multiple parties involved. Based on Shamir's Secret Sharing Scheme, it effectively breaks up a key into shares and distributes it to all included participants. The Storemen are responsible for maintaining and managing the appropriate key shares of the locked accounts for transactions.
- Any transaction with a locked account is done via the original chain. This means that any chain can easily integrate and interact with Wanchain without the need for new transaction types or validators.
Wallet
WAN tokens can be purchased on exchanges such as Binance, KuCoin, Huobi Global
