Wanchain (WAN) Feed: Events, News & Roadmap
Wanchain Events on the Chart
What is Wanchain?
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.