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Wanchain (WAN) Statistics

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Wanchain

WAN

0.33464915
Price (USD)
10.49%
24h Change
0.00008039
Price (BTC)

Cryptocurrency Information

All-Time High USD
9.8373
Since All-Time High Change
-96.60%
All-Time High Date
2018-05-04

Marketcap (BTC)
8,533.52497148
Marketcap (USD)
35,523,841.68

24h Volume (USD)
2,876,247.15

7d Change
18.61%
14d Change
15.45%
30d Change
2.97%

Circulating Supply
106,152,493
Total Supply
210,000,000

Influence Statistics

Alexa Rank
506668
Facebook Likes
16692
Twitter Followers
108460

What is Wanchain?

Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology. Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework - an ambitious goal indeed.

Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection.

With Wanchain, any institution or individual can set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. Under the guarantee of “banks” based on the blockchain infrastructure, more people can participate in financial services based on digital assets. To describe it more accurately, Wanchain is a distributed super-financial market based on blockchain.

Wanchain uses the Locked Account Generation Scheme to secure funds and keys when there are multiple parties involved. Based on Shamir’s Secret Sharing Scheme, it effectively breaks up a key into shares and distributes it to all included participants. The Storemen are responsible for maintaining and managing the appropriate key shares of the locked accounts for transactions. This method of key share distribution has a few benefits. Because Wanchain generates locked accounts through multi-party computations, there’s increased decentralization. And there’s more stability because you don’t need every key share to produce a signature for a locked account. If some of the Validators are offline, transactions can still be executed with a minimum number of shares. Finally, any transaction with a locked account is done via the original chain. This means that any chain can easily integrate and interact with Wanchain without the need for new transaction types or validators.

The Wanchain Foundation is a non-profit organization primarily operating out of Singapore but also has a significant presence in Austin, TX. 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. Dustin Byington serves as the Wanchain President. Byington is a blockchain veteran having founded Bitcoin College in 2014 as well as co-founding Tendermint, a software mechanism to securely and consistently replicate applications across machines. Byington also co-founded Satoshi Talent, a platform to connect blockchain entrepreneurs with developers. WAN tokens were initially distributed as ERC-20 tokens to ICO participants, but it’s now possible to exchange these for tokens on the Wanchain mainnet or buy them directly. It’s a common misconception that WAN is an ERC-20 coin.

Wanchain is a pioneering and potentially disruptive project with its sights set on becoming a super financial market of the world. Although achieving its lofty goal(s) is going to require a lot more work, Wanchain is further along its roadmap than some projects. But there’s still a good bit of “in theory” going on here. As Wanchain is addressing the whole financial market, it has a number of competitors. Most notably Fusion, Pantos, Ark, and Qash; some may even consider big players the likes of Ripple, Stellar and Ethereum competitors. On the positive side, Wanchain has strong fundamentals, they’ve got a functional mainnet, the vitality of their use case is indisputable, the huge interest in their ICO showed a powerful vein of investor confidence, and the team has a track record of success.
ICO Overview

Alphabetically ordered ICOs


0
-----
0xcert

A
-----
AAT
Abulaba
Academia Lingu
Accounting Blockchain
ACESO
AcuteCoin
ADAB Solutions
Aenco
AgroTechFarm
Aigo
Alehub
Alfa Enzo
AligatoCoin
ALLCARE
AllSporter
ALLUXE
AlphaX
AMICORUM.LIVE
AntiHACK.me
Anubis
Apollo Septem
ArtPro
Assetereum
AtlantICO Network
Atlantis Blue
August 927
Aurum
AvailCom
AVINOC

B
-----
BandZ Network
Beat
BEATRIX
Betform
Bettium
Bidooh
BIGCHAIN
BIT.GAME
Bitdepositary
Bitfair
BitImage
BitScreener
BITXOXO
Blackbox
Block66
BlockBits
Blockchain Hotels
BlockGrain
Blockpass
Blockvest
Blue Whale
BolttCoin
Bond Film Platform
Bouncy Coin
BUILDERIUM
BunnyToken
Buying.com
BX.BET

C
-----
Cache
Capital Technologies and Research
Carboneum
CAREONCHAIN
CargoCoin
CargoConX
CarSmartt
Celes Chain
Celestial
Centive

C
-----
checkitsreal

C
-----
Chozun
Coinnec
Coinolix
CoinSeason
CoinSelf
Color
ContractVault
Cosmecoin
Coupit
Creator.ai
Cross Hedge
Cryptics
Cryptobuyer
Cryptocean
CryptoLeaf
CryptoMillionsLotto
Crypton VC
Cryptonic Universe
Cryptons Game
Cyber Capital Invest
CYBR
CYO

D
-----
Dacxi
Daox
DBXChain
Decentralized Accessible Content Chain
Deedcoin
DeStream
DINNGO
DNN
Dopameme
Dragonglass
DUCATUR

E
-----
ECOMI
Efir.io
EIPlatform
Electrominer
ENDO
Envoy
EpigenCare
Equitybase
ETH Travel
ExoLover
Extradecoin
EZ Exchange

F
-----
Fair Ninja
Fanfare
Fishcoin

G
-----
GAGAPAY NETWORK
Gastery
Geeba
Gemstra

G
-----
genEOS

G
-----
Gese
GGRocket
GigTricks
Global REIT
Globatalent
Globex SCI
GOeureka
Gold Bits Coin
GoldBox
Goldma
GOODWORK
Green Power Exchange
Greenblock Coin
GSTAR.AI

H
-----
HARA
HDCoin
Health FX

H
-----
healthbank

H
-----
HELIX Orange
HetaChain
HOMELEND
HomeMine
Humanscape
HybridBlock
HybridBlock

I
-----
ICST
IDGO
IDMoney
InfraCoins
INLOCK
Inmediate
Instoken
International Science Hub
Internet of Values
Invest in Brokers
Involve
IOTW
Irene Energy

J
-----
Jinbi
Joint Ventures
JOYS

K
-----
Kerberos
Kheper
KiMex
Krosscoin
Kryptoin
Kryptoro
KVANTOR

L
-----
LaborCrypto
LACCOIN
LAND LAYBY
Larecoin
LeadRex
LEDGIT
LICERIO
LiTeum
Lovar
LoveBlock.one
LOVR

M
-----
MAESTRO
MAKEAFOLIO
Mandala
MatchDiary
MB8Coin
Medipedia
Menlo One
MetaMorph.pro
MetaMorph.pro
MILC
Miner Edge
MOBU
Modern Finance Chain
Multiversum
MUXE
Mycro
MyCryptoBank

M
-----
mydveweo
mydveweo

N
-----
N.exchange
NAi
Natmin
NurseToken

O
-----
Officium
Oneplus1
OpenBrix
Opiria
OptiToken
Opu Labs
Orbis
ORET

P
-----
Pantercon
Papusha
Parkres
PARQ
PaxPay
PayBlok
PAYERA
Paygine
Pearl Pay
Peoplewave
PEP Network
Phoneum
Pinmo
PlaceToRent
Planport
PlayChip
PORN X
Presale Ventures
Prime Shipping Foundation
Profede
Prontapay
Property Coin

Q
-----
Qravity

R
-----
RAD
Railz
RealtyReturns
RECORD Foundation
RedCab
Relative Strengthening Index Token
Republia
Review.Network
Root Blockchain

S
-----
Safe Haven
SAFE.AD
Sarf
Save Environment Token
SCAVO Technologies
Scienceroot
ServAdvisor
ShareRing
Sheikh
Silent
SISHUB
SIX.network
SLATE
Snapparazzi
SocialGood
Soundeon
Sports Ledger
SportsFix
Stacktical
Starflow
Stoxum
SUBAJ Global Network
SuchApp
SVPER
Syntera

T
-----
Tedchain
Terawatt
Ternion
The Freedom Coin
Ticko
Time Money
TIPO
Trecento Blockchain Capital
Trends Project
Triffic
TrigID
Tripago
Tripbit
Tripterium T50
TrustBar
TrustED
TrustVerse
Typerium

U
-----
UHive
UMKA

U
-----
unitalent

V
-----
Vanig
Varanida
Veetune
Vertex
VIAZ
Victorieum
VIDY
Vikky
Virtual Rehab
Virtual Universe
Vreo

W
-----
Whyral
Wiki token
WINIota
WMPRO
WULET

X
-----
X Block
XBrick
XRT Foundation

Y
-----
YAMZU
Yanu
YellowBetter
YINC
Yumerium