Wrapped Wan (WWAN)

Wrapped Wan (WWAN) is a coin that operates on the Wanchain blockchain, which aims to drive blockchain adoption through crosschain interoperability. It accomplishes this by creating fully decentralized direct bridges that connect various blockchain networks. By enabling the seamless transfer of assets between different chains, WWAN empowers developers to build truly decentralized crosschain applications, particularly in the field of decentralized finance (DeFi).

Wanchain’s direct bridges operate without relying on any centralized hub or relay chain, making them highly secure and robust. The bridge nodes are permissionless, decentralized, and non-custodial, ensuring the integrity and privacy of transactions. Furthermore, anyone can deploy a Wanchain bridge node, as the network follows a fair and decentralized election process for node operators. They are incentivized through rewards in WAN coins to secure the network and bridges.

Wanchain is fully compatible with the Ethereum Virtual Machine (EVM), facilitating the development of crosschain Solidity-based applications. The network utilizes Secure Multiparty Computation and Shamir’s Secret Sharing cryptography to ensure the safety of bridge nodes and transactions. With Wanchain’s accessible and interconnected ecosystem, developers can tap into the potential of crosschain blockchain applications, creating a world of truly decentralized and interoperable finance.