Wanchain 2.0 initiates decentralized transactions with Ethereum

in ethereum •  6 years ago 

Wanchain (WAN) has officially introduced its latest protocol's version Wanchain 2.0 that will allow decentralized transactions between its blockchain and Ethereum. Ethereum transactions, including ICO investments can be done immediately with the available tokens on the Wanchain platform. The transfers are done through smart contracts, multi-party computing, and threshold key sharing design on the Wanchain 2.0 platform.Source

The latest update will help users to make hassle-free transfers of Ether for a new Wanchain token called WETH at a 1:1 value, reported Unhashed. But it will possibly consume a lot more time before it starts catering a comprehensive usage beyond Ether to WETH conversion.
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