Review on Wanchain by Syzmon Nowak
Wanchain project is one of the best projects
By integrating inter-chain transactions between multiple blockchains, Wanchain is establishing a new financial market in the sphere of digital assets. There is currently no practical and decentralised means to trade assets between the many currencies, tokens, and blockchains that exist in the ecosystem. Wanchain connects the accounts of various chains to give a framework for trading these assets as an independent blockchain.
The platform can be used for more than just monetary transfers. Wanchain may be used to construct a variety of financial applications thanks to smart contracts, privacy protocols, and the native Wancoin currency (WAN), among other things.
Pros
- Smart contracts that are almost completely anonymous.
- Willingness to establish a decentralised banking system.
- Make an attempt to develop a system for inter-blockchain communication.
Cons
- Cross-chain transactions are also being attempted by other older projects.
