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wanXRP (WANXRP) is a cryptocurrency that operates on the Wanchain network. Wanchain is a blockchain platform that promotes the adoption of blockchain technology through crosschain interoperability. It achieves this by constructing decentralized direct bridges that connect various isolated blockchain networks worldwide. These bridges enable the secure and seamless transfer of assets across different blockchains without intermediaries or a relay network.
WanXRP is built on the Wanchain network, which offers true decentralized finance (DeFi) interoperability. Developers can leverage this network to create decentralized crosschain applications, contributing to the advancement of DeFi. Wanchain’s blockchain interoperability network is accessible and uses secure cryptographic techniques such as Secure Multiparty Computation and Shamir’s Secret Sharing. This ensures the protection of assets and transactions within the network.
The Wanchain community continues to grow globally, bringing together developers and innovators passionate about blockchain technology. Wanchain is fully compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to build crosschain applications using Solidity. With the WAN coin, network participants, including bridge node operators and delegators, are incentivized and rewarded for securing the network and contributing to the bridges’ functionality.
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