1 Level
6 Review
20 Karma
Review on Wanchain by Luis Ugaz
Wanchain is a designed to operate as a distributed financial platformβ¦
Wanchain is a designed to operate as a distributed financial platform, allowing for cross-chain transactions in a safe and private way. This is clearly an ambitious project, effectively looking to become a bank in a futuristic economy dominated by digital assets.
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Pros
- Has a strong team behind them and a large community supporting them. Maximizes security through the use of Locked Account Generation Scheme. Enables users to exchange value between Blockchains, which opens to doors for more transaction to occur, and for the crypto space as a whole to grow significantly
Cons
- Competitive market - Facing serious competition from ICON and AION. Possible regulations may have a negative impact in coin value.
