Review on Wanchain by erdi yılmaz
Wanchain connectable with all
Wanchain, which enables cooperation and connection between different blockchain networks, enables transactions between chains.
In this way, crypto money, which also contributes to the process of applying Blockchain technology to daily lives, literally sheds light on the future.
We can say that Wanchain aims to create a "distributed bank" that has the capability to utilize all chains, and aims to reach a position that is equivalent to the place traditional banks have in the current financial system.
Wanchain connects different Blockchain ledgers, allowing value exchange between ledgers in a distributed manner.
Wanchain, which wanted to create the cross-chain protocol without a patent, took advantage of the latest cryptographic theories. In this way, it was able to create a distributed ledger that would record transactions carried out both between and within the chain.
Any Blockchain network can be integrated with the Wanchain ledger, whether it is open source, confidential or consortium.
Thus, Wanchain enables inter-ledger asset transfers to be made at low cost. So the Wanchain ledger not only supports smart contracts but also tokens.
Pros
- It aims to make traditional banking transactions more secure on the blockchain
- Allows blockchain technologies to be applied in daily life
- all blockchain networks can be integrated
- supports not only smart contracts, but also tokens
Cons
- The value of the token is still low as it is not common enough
