What is Wanchain?
Wanchain is an Ethereum fork acting as a distributed bank for different blockchain ledgers hence solving the problem of transferring assets among blockchain ledgers. By being an independent and reliable blockchain, other chains can connect with it creating this framework that can make possible value transfer.
Wanchain uses the latest cryptographic theories to build a cross-chain smart contract protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether ordinary or stealth can work with Wanchain to establish connections and perform low cost inter-ledger asset transfers.
The Wanchain ledger also supports privacy protection in assets transfer. It can be used by any organization or individual to set up personal virtual teller window and provide services like credit payments, asset exchange and giving loans. The blockchain wishes to rebuild finance by connecting the world’s assets into a single blockchain.
In total, there will be 210 million WAN coins to ever circulate.