To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/121872_b442973854d379d0_001full.jpg
Wanchain is both a sustainable Layer 1 PoS blockchain and a decentralised blockchain interoperability solution. The Wanchain Layer 1 PoS blockchain is a full Ethereum-like environment that works with industry standard Ethereum tools, DAPPs and protocols. Wanchain bridges are decentralised, direct, non-custodial bridges that connect both EVM and non-EVM networks without requiring any relay chains or intermediary networks. These bridges use a combination of Secure Multiparty Computation (sMPC) and Shamir's Secret Sharing to secure crosschain assets.
Wanchain bridges currently connect more than 15 Layer 1 and Layer 2 networks. The addition of Cardano to this wide area network of blockchains connects the Cardano network to other DeFi and Web3 ecosystems, increasing both the possible use cases for ADA holders on other chains and paving the way for BTC, ETH, DOT, WAN, XRP and other coins to be used in Cardano's own Dapp ecosystem.
By turning Wanchain into an EVM-compatible sidechain to Cardano, Cardano Dapp developers and users gain access to more coding languages, frameworks and integrated developer environments. Furthermore, not only does this novel approach maximise the security of Cardano's interoperability solution, it also doubles as a scalability solution. Transactions can now safely be moved off of Cardano, recording only the vital...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...