Wanchain 2.0

in mgsc •  6 years ago 

The World’s First and Only Cross-chain Blockchain Platform with Secure Multiparty Computing

Since blockchain technology was first introduced to the world nearly 10 years ago, the number of different blockchains and protocols has increased exponentially. However, instead of this evolution resulting in a highly interconnected internet of value, all blockchains to-date, including Bitcoin and Ethereum, have existed in isolation. This isolated state has precluded the many blockchains from interacting with one another, hampering the exchange of value among chains and limiting the mass adoption of blockchain technology. As a result, finding a solution that allows cross-chain transactions has become one of the top priorities of the blockchain industry.

Available application scenarios after Wanchain 2.0 is implemented:

  1. Deploy distributed contracts for WAN and ETH on Wanchain

  2. Deploy an ICO contract that supports both WAN and ETH participation

  3. Deploy debit and credit contracts for WAN and ETH on Wanchain

2019

After version 2.0 is stable, we will encourage more developers to use Wanchain’s cross-chain mechanism to develop cross-chain functionality of tokens on other chains and will reward developers for accelerating Wanchain’s cross-chain integration with more public blockchains.

The key research and development direction for next year will be on building and continuously improving POS, and enhancements to ordinary and cross-chain transactions.

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