Wanchain is a digital ledger that enables cross-chain transactions and multi-chain interoperability.
In the previous 24 hours, Wanchain has gained 0.66 percent. With a live market cap of $177,060,061 USD, the current CoinMarketCap ranking is #289.
It has a circulating supply of 193,615,739 WAN coins and a peak production of 210,000,000 WAN coins.
About Wanchain WAN
Wanchain is a stand-alone blockchain that runs independently, even though it supports transactions across blockchains. The protocol functions as a distributed ledger, processing and storing cross-chain transactions.
Wanchain trading takes place not only between public blockchains but also between private chains. Wanchain, as an Ethereum (ETH) fork, benefits from some of the Ethereum blockchain’s features.
The protocol uses decentralized applications to process queries in a secure and autonomous manner. Decentralized exchanges (DEXs), lending and borrowing platforms, stablecoins, crowdsourcing, and multi-currency transactions and settlements are among Wanchain’s use cases.
What is Wanchain WAN?
Wanchain aims to connect multiple autonomous blockchains in order to build a larger market for digital assets.
The network is completely decentralised, with no need for a third-party custodian to manage or confirm transactions. Wanchain, unlike other cross-chain systems, does not rely on a third-party platform for transaction authentication.
The locked account system protects and manages accounts on the network while preventing third-party involvement.
Who Are the Founders of Wanchain WAN?
Jack Lu started Wanchain in 2017, with offices in Beijing, China, and Austin, Texas.
Jack Lu, the company’s creator, and CEO, is a digital entrepreneur with a passion for blockchain.
The VP of Operations, Li Ni, is a computer scientist with more than 15 years of expertise in the technology business.
Weijia Zhang, the VP of Engineering, is an engineer and R&D expert with experience in software modeling, blockchain, and cognitive sciences.
What Makes Wanchain WAN Unique?
Three main cross-chain operations are available on the platform. One of these features is the registration module. A cross-chain transaction file transfer module and a payment history query tool are also included.
Three components are involved in a link from start to end. Like Wanchain, other similar operations include Ripple (XRP) and ICON (ICX).
There are several steps involved in validating information within the platform, inclusive of stake WAN. Cryptographic secrecy is used to generate the locked accounts for enhanced data confidentiality.
Where Can You Buy Wanchain WAN?
For clearing a transparent and secure path of transactions, several exchanges are brought under the light to make WAN trading shine out the most. The trustworthy WAN exchanges includes; Binance, KuCoin, Huobi Global.
Validators can also earn WAN as a reward for validating transactions after the achievement of successful validating transactional activities, users get eligible to win WAN rewards.
Frequently Asked Questions About Wanchain WAN
How Many Wanchain WAN Coins Are In Circulation Currently?
Since around March 2021, the maximum capacity is 210,000,000 WAN, with 169,028,581 WAN in distribution.
What Security Measures Does the Wanchain WAN Take?
WAN is a fork of Ethereum that employs the proof-of-stake algorithm (PoS). Wainchain distributed ERC-20 WAN tokens to all ICO participants. The ERC-20 token was adapted to Wanchain’s native chain when the mainnet was deployed in 2018.
On What Factors Does The Price Of The Wanchain WAN Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact WAN’s price and market cap.
Conclusion
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.
Therefore, it’s wide enough to quote that Wanchain WAN tokens have been upgraded to a new all-time high translation volume of almost $0.914 U.S Dollars per token.
Having said that, WAN has allowed interested traders and investors to enjoy the perks of trading by facilitating them with numerous win-win trading policies. Hence depicting its loyal customer services.
Wanchain WAN Official Website –https://wanchain.org/
Wanchain WAN Twitter –https://twitter.com/wanchain_org
Wanchain WAN Reddit –https://reddit.com/r/wanchain
