Wanchain: Proof of Stake Alpha Testnet, New Explorer, Consensus Technical Deep Dive, Interview With CEO, A Few Partnerships

Intro

First, you may be wondering what is Wanchain? Wanchain is a blockchain infrastructure connecting the decentralized financial world. The blockchain, a fork of Ethereum, adds cross-chain and privacy protection, in addition to private chains, to create a platform capable of serving as a financial hub of bridged networks. These bridges can be public-to-public (Ethereum to Bitcoin), public-to-private (Ethereum-to-Enterprise), or private-to-private (Enterprise-to-Enterprise). The platform uses secure multi-party computation and a locking mechanism to lock funds on the native chains and create a proxy token for use on the Wanchain platform. Additionally, Wanchain is rolling out its own Proof of Stake consensus in 2019, and is currently using Proof of Work. Current integrations include the Ethereum and Bitcoin blockchains, and several ERC20 tokens. Wanchain’s next blockchain bridge will be to EOS.

Development

GitHub metrics
Developer activity (from Coinlib.io)
  • Proof of Stake Explorer

New tutorials:

Wanchain Galaxy Consensus Proof of Stake Technical Deep Dive: Pt. 3

Epoch Leader Selection

Wanchain Galaxy Consensus Proof of Stake Technical Deep Dive: Pt. 4 — Delegation Mechanism

In the previous two articles, Wanchain introduced two core algorithms of Galaxy Consensus, the random number generation algorithm and the leader selection algorithm. These two algorithms ensure that the consensus process can proceed safely and steadily after. The question still remains, how can we promote the participation of all token holders? This article will detail how Wanchain’s delegation mechanism answers that question.

  • The theoretical basis of Galaxy Consensus’s delegation mechanism — proxy signatures.
Proxy Signature Algorithm
  • Galaxy Consensus’s Delegation Mechanism Process

Social encounters

  • Mars Finance Interview With Jack Lu

Upcoming events:

No updates.

Finance

Source: Wanchain Explorer
Source: CoinMarketCap

Roadmap

Partnerships and team members

  • Keystore is a global cryptoasset enterprise service provider with support for multiple cryptoassets. Keystore takes security seriously and has adopted military-grade PSIM and encryption technology, and integrated staff and data SOP (Standard Operating Process) to reduce management risks.
  • Furthermore, to meet the requirements of different business scenarios and lower the threshold for modern enterprises to access cryptoassets, Keystore has developed a smart finance system including financial visualizations, online banking services, customized ledger systems, etc. Premium services such as custody and brokerage are also available through Keystore’s system. Through their API, clients can easily make use of cryptoassets for their business needs.

Ecosystem

Wanchain to be Integrated with Morpheus Labs DApp Development Platform

Wanchain Wallet

  1. Transfer your assets with privacy protection
  2. Wanchain Wallet helps you manage different digital assets including WAN, BTC, ETH and other cryptocurrencies on Wanchain
  3. You can transfer your WAN assets either the traditional way (public transactions) or in private (stealth transactions)
  4. Wanchain Wallet now supports cross-chain transactions with Bitcoin, Ethereum, ERC-20 tokens and will support more cryptocurrencies in future versions
  5. With support of hardware wallets (Trezor™, LedgerWallet™), Wanchain transactions are more secure than ever

CROSS-CHAIN ABILITIES

  1. Scalability for disparate blockchains like ETH/BTC
  2. Dapps are able to take advantage of interoperability
  3. Real-world scenarios based on cross-chain technology:
  • Multi-asset investment and financing
  • Decentralized loans
  • Multi-coin payments and settlements
  • Decentralized cryptocurrency exchanges

WAN SMART CONTRACTS

  1. You can deploy smart contracts on Wanchain just as with Ethereum
  2. One of Wanchain’s unique features is the ability to issue a new token with privacy protection in mind.

Rumors

No updates.

Social media metrics

Social media activity

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