Review on Wanchain by Özgün A
Wanchain winking at the stars
Wanchain (WAN) can be defined as a crypto currency that aims to rebuild the financial world and brings together all the digital assets used.
Wanchain wants to increase the impact of digital payment methods on classical payment methods. It supports both Bitcoin and Ethereum networks.
It has three nodes. These are important for the safety and correctness of transactions.
+ Coupons: Allows you to pay deposit from the transaction fee
+ Validators: They take part of the transaction fee and save it in the ledgers for the security of your data.
+ Storemen: Must stay online to get back part of the transaction fee.
Wanchain has transaction Privacy Security.
This feature of Wanchain says that the transacting parties can hide their transactions if they wish, and make transactions anonymously. So it has an important system on privacy.
Mining is not possible because it works with the Proof-of-Stake (PoS) mechanism.
It is low in price but I think the project is a perfect system in terms of content.
Finally, I want to say the following: Wanchain, which enables transactions and connections between different blockchain networks, is on the way to becoming a truly perfect system.
Pros
- Cares about privacy
- Increases data security thanks to nodes
- Supports Bitcoin and Ethereum infrastructure
Cons
- Low in price
New products
Comments (1)
December 08, 2020
Trust and privacy are essential and most important to me in the cryptocurrency world. I think Wanchain is very good at this. As you said, they took the first steps towards a perfect system.
