wanUSDT (WANUSDT)

wanUSDT (WANUSDT) is a cryptocurrency that operates on the Wanchain blockchain network. Wanchain is driving blockchain adoption through crosschain interoperability by creating decentralized direct bridges connecting various blockchain networks worldwide. The goal is to enable true decentralised finance (DeFi) by empowering developers to build applications that interact with multiple blockchains.

Wanchain’s direct bridges are built without relying on any centralized hub or relay chain, ensuring a decentralized and permissionless network. Node operators and delegators are incentivized and rewarded with WAN coins for securing the network and bridges. To ensure security, Wanchain bridge nodes use Secure Multiparty Computation and Shamir’s Secret Sharing cryptography.

Besides its focus on interoperability, Wanchain is fully compatible with Ethereum Virtual Machine (EVM), making it easy for developers to build crosschain applications using Solidity. Wanchain supports various assets and bridges, including direct bridges, Layer 2 bridges for Ethereum Layer 2 networks, and NFT bridges using the lock-mint-burn-unlock mechanism. By connecting different blockchain networks and enabling seamless asset transfer, Wanchain aims to unlock the full potential of blockchain technology.