Hello and thank you for visiting CoinScouts!
CoinScouts is the world's most powerful crypto database. We are a community-driven..
Hello and thank you for visiting CoinScouts!
CoinScouts is the world's most powerful crypto database. We are a community-driven one-stop platform for finding, analyzing, and discussing cryptocurrencies. Using our special filters, you can DYOR with just a few clicks!
Aside from that, we are looking at ways in which we can reward community members for interacting with the website.
Please see the overview at the bottom of this home page for more information on how to use our proprietary search function and how you might earn with us in the future.
$0.192886
Low $0.14431
High $0.26322
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 fr...
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 <a href="https://www.coingecko.com/en/coins/factom">Factom</a> 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 <a href="https://www.coingecko.com/en/coins/fusion">Fusion</a>, Pantos, <a href="https://www.coingecko.com/en/coins/ark">Ark</a>, and <a href="https://www.coingecko.com/en/coins/qash">Qash</a>; some may even consider big players the likes of <a href="https://www.coingecko.com/en/coins/ripple">Ripple</a>, <a href="https://www.coingecko.com/en/coins/stellar">Stellar</a> and <a href="https://www.coingecko.com/en/coins/ethereum">Ethereum</a> 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.
Funds
Influencers
CoinScouts Grade
4Market Statistics
Volume
$39,507,587.00
Market Cap
$37,676,348.00
Fully Diluted
$40,506,060.00
Market cap Value
104.86 %
Circulating Supply
195,831,010
Max Supply
210,000,000
Total Supply
210,000,000
% of Max Supply
(93.25%)Statistics
Wanchain Statistics
Name
WanchainTicker
WANPrice
$0.19288624 Hour Trading Volume
$39,507,587.0024 Hour Volume Change
2,628.34%Market cap
$37,676,348.0024 Hour Market Cap Change
33.42%Fully Diluted Market Cap
$40,506,060.00Price change 24 hour
45.65%Price change 7 days
33.42%Price change 14 days
38.10%Price change 30 days
4.92%All Time Low/High
$0.076518 | $9.84Percentage Change Since All Time High
-98.03%Percentage Change Since All Time Low
153.71%Market cap rank
#443Volume / Market Cap
1.04860Issuance Blockchain
WanchainCirculating Supply
195,831,010 (93.25%)Max Supply
210,000,000Total Supply
210,000,00024h Volatility
$0.01Twitter Followers
142,399Telegram Users
8,766Reddit Subscribers
17,411Github subs
70Github issues
7Wanchain Markets
Upcoming Wanchain Events
Similar projects
Bitcoin
#1$16,465.42
Ethereum
#2$1,218.82
Binance Coin
#4$303.08
Cardano
#9$0.311725
Popular on СoinScouts
CZRead
#9999$0.0
bichdontkillmyvibe
#9999$0.0
Yesports
#9999$0.0
Bitcoin
#1$16,465.42
DYAKON
#9999$0.00010104
Wanchain News
How Will WAN Price React Ahead of Wanchain Network Upgrade?
Wanchain, a distributed ledger that allows for cross-chain transactions and interoperability of multiple chains, has come up with a new upgrade that may change the fate of its coin, WAN. The post How Will WAN P...Read full story
y BeInCrypto
Last updated 1 month ago
Neutral
Wanchain launches cross-chain USDT XFlows with Bridge Upgrade
Wanchain has announced its new ‘XFlows' cross-chain bridge upgrade which will revolutionize trading of the world's number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings nat...Read full story
y AMBCrypto
Last updated 2 months ago
Bullish
How Will WAN Price React Ahead of Wanchain Network Upgrade?
Wanchain, a distributed ledger that allows for cross-chain transactions and interoperability of multiple chains, has come up with a new upgrade that may change the fate of its coin, WAN. The post How Will WAN P... Read full story
By BeInCrypto | Last updated 1 month ago |
Neutral
Wanchain launches cross-chain USDT XFlows with Bridge Upgrade
Wanchain has announced its new ‘XFlows' cross-chain bridge upgrade which will revolutionize trading of the world's number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings nat... Read full story
By AMBCrypto | Last updated 2 months ago |
Bullish
Latest Wanchain's Upgrade, One of the Safest Multichain Bridges
Your crypto is NOT safe. Hackers have stolen over $1.4 billion in 2022 using crypto bridges.... Read full story
By Altcoin Buzz | Last updated 3 months ago |
Bullish
Wanchain AMA with Marketing Director Temujin Louie
Wanchain is a decentralized blockchain interoperability system that makes it possible for developers to create decentralized cross-chain applications that can power the future of DeFi. The General Manager of Al... Read full story
By Altcoin Buzz | Last updated 4 months ago |
Neutral
Wanchain's Latest Update Great for Developers
Wanchain is one of those blockchains that keeps building quietly regardless of market conditions. And when it's a bear market like we have right now, these are the types of projects that usually survive and gro... Read full story
By Altcoin Buzz | Last updated 4 months ago |
Bullish