Wanchain to Launch New Technology on November 13th
Wanchain is set to debut a new innovation technology for decentralized applications on November 13th.
Refer to the official tweet by WAN:
Wanchain@wanchain_orgNov 11, 2024We're nearly there. Our new innovation makes completely new use cases for Dapps a reality.
The debut is coming in 2 days.#WeAreAllConnected pic.twitter.com/wEk3a1rMhI
WAN Info
Wanchain is a decentralized financial platform that enables the exchange of digital assets across various blockchains. The project was launched in 2017 and aims to create a “new distributed financial infrastructure” by connecting different blockchains to facilitate interaction between them.
Wanchain uses a Proof of Stake consensus algorithm called Galaxy Consensus that leverages a variety of cryptographic schemes including distributed secret sharing and threshold signatures to improve random number generation and block production mechanisms. Galaxy Consensus, developed by world-class researchers and academics, is a continuation of Cardano’s Ouroboros.
WAN or Wancoin is the native currency of Wanchain. All Wanchain transactions, cross chain transactions, and smart contracts are powered by WAN.