Hello and welcome to this blog post about Wanchain WAN White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Wanchain WAN white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Wanchain (WAN).
I can ensue you that, you will be able to understand every bits and pieces related to Wanchain (WAN) after going through the Wanchain WAN white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Wanchain WAN White Paper
Wanchain WAN white paper will be going to provide you, all the information that is needed to get started with Wanchain (WAN), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Wanchain (WAN).
Wanchain is a public blockchain with support for the development of smart contracts using Solidity. Wanchain supports ring signature based private transactions and decentralized cross chain functionality.
Wanchain has been building its cross-chain infrastructure since 2017. In early 2021, it launched the world’s 1st decentralized BTC-ETH direct bridge. Wanchain also offers decentralized bridges connecting Bitcoin, Ethereum, Ripple and EOS, with other chains such as Polkadot on the horizon. All of Wanchain’s different cross-chain bridges are supported by unified decentralized collateral pools.
Wanchain features two types of validator nodes: PoS validator nodes and Storeman validator nodes. PoS validator nodes use a Proof-of-Stake to achieve decentralised consensus. Storeman validator nodes perform and verify cross-chain transactions.
A developer can write smart contracts, build a DAPP or issue a fungible/non-fungible token on wanchain.
Through Wanchain’s cross chain features, it is possible for any blockchain’s assets to be connected with and circulate on Wanchain. This includes assets from public, private, as well as consortium chains.
White Paper Link: Wanchain (WAN) White Paper
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