Wanchain is a public blockchain the supports the development of smart contract using Solidity. Wanchain supports ring signature-based private transactions and decentralized cross-chain functionality.[1][2]
Wanchain is a blockchain infrastructure featuring cross-chain interoperability, privacy, and full smart-contract functionality. Public or private blockchains can integrate with Wanchain to establish connections between different ledgers and perform inter-ledger asset transfers. The Wanchain network runs on a Proof-of-Stake ("PoS") consensus Algorithm. The Wanchain token can be used for staking for PoS and cross-Chain bridging nodes, as well as for transaction fees.[3][4]
WAN or Wancoin is the native currency of Wanchain. All Wanchain transactions, cross-chain transactions, and smart contracts are powered by WAN. WAN is also used as a stake in Wanchain's Proof-of-Stake system and also serves as a bond for Wanchain's cross-chain Storeman nodes. WAN and Wanchain based tokens are not ERC-20 tokens.[5]
Wanchain's first official desktop light wallet, Wan Wallet, is available on Mac, Windows, and Linux and currently supports the following features:
Wanchain was founded by Jack Lu, a respected player in the blockchain space. Before his current role, Lu co-founded Factom and started Wanglu Tech, a blockchain application development company. Wanglu Tech has been a primary contributor to the open-source Wanchain project.