Wanchain (WAN)What's Wanchain price? How much potential does it have? How to buy Wanchain? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how WAN compares to Bitcoin based on its performance!
(Price data last updated about 1 hour ago)
Data last updated about 1 hour agoWAN All Time Low/High: €0.068452 (+266%) / €8.2 (-97%)
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Compare WAN and BTC performance
How popular is Wanchain cryptocurrency?Wanchain ranks 434th among all cryptocurrencies. It has a market cap of €49235928. The total trading volume within the last 24 hours was €990366.
How much potential does it have?How much can Wanchain grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (196,338,788), it can theoretically grow at least 10303x before it would become more popular than Bitcoin. This means that based on WAN maximum potential it could reach €2584.28 before it would have to overtake Bitcoin.
How to buy Wanchain?The easiest way to buy WAN is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 13 Wanchain exchanges available.
Where can you buy it?WAN should be listed in these exchanges:
Where can I find more information about Wanchain?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is Wanchain?Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology. Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework - an ambitious goal indeed.
Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection.
With Wanchain, any institution or individual can set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. Under the guarantee of “banks” based on the blockchain infrastructure, more people can participate in financial services based on digital assets. To describe it more accurately, Wanchain is a distributed super-financial market based on blockchain.
Wanchain uses the Locked Account Generation Scheme to secure funds and keys when there are multiple parties involved. Based on Shamir’s Secret Sharing Scheme, it effectively breaks up a key into shares and distributes it to all included participants. The Storemen are responsible for maintaining and managing the appropriate key shares of the locked accounts for transactions. This method of key share distribution has a few benefits. Because Wanchain generates locked accounts through multi-party computations, there’s increased decentralization. And there’s more stability because you don’t need every key share to produce a signature for a locked account. If some of the Validators are offline, transactions can still be executed with a minimum number of shares. Finally, any transaction with a locked account is done via the original chain. This means that any chain can easily integrate and interact with Wanchain without the need for new transaction types or validators.
The Wanchain Foundation is a non-profit organization primarily operating out of Singapore but also has a significant presence in Austin, TX. Wanchain was founded by Jack Lu, a respected player in the blockchain space. Before his current role, Lu co-founded Factom and started Wanglu Tech, a blockchain application development company. Wanglu Tech has been a primary contributor to the open-source Wanchain project. Dustin Byington serves as the Wanchain President. Byington is a blockchain veteran having founded Bitcoin College in 2014 as well as co-founding Tendermint, a software mechanism to securely and consistently replicate applications across machines. Byington also co-founded Satoshi Talent, a platform to connect blockchain entrepreneurs with developers. WAN tokens were initially distributed as ERC-20 tokens to ICO participants, but it’s now possible to exchange these for tokens on the Wanchain mainnet or buy them directly. It’s a common misconception that WAN is an ERC-20 coin.
Wanchain is a pioneering and potentially disruptive project with its sights set on becoming a super financial market of the world. Although achieving its lofty goal(s) is going to require a lot more work, Wanchain is further along its roadmap than some projects. But there’s still a good bit of “in theory” going on here. As Wanchain is addressing the whole financial market, it has a number of competitors. Most notably Fusion, Pantos, Ark, and Qash; some may even consider big players the likes of Ripple, Stellar and Ethereum competitors. On the positive side, Wanchain has strong fundamentals, they’ve got a functional mainnet, the vitality of their use case is indisputable, the huge interest in their ICO showed a powerful vein of investor confidence, and the team has a track record of success.
|Market Cap: €49235928||Rank: #434||Volume: €990366|
Wanchain (WAN) live price chart
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How big was Wanchain coin volume within the last 24h?
Wanchain (WAN) last recorded volume was € 990366.
How much has Wanchain price changed during one year?
WAN price has changed during the last year -47.99 %.
Is WAN coin close to its All Time High price?
WAN all time high price (ath) is €8.2. Its current price is €0.250823. This means that the difference between Wanchain (WAN) All Time High price and WAN current price is -97%.
What is the maximum price Wanchain (WAN) could VERY theoretically reach?
WAN has a current circulating supply of 196,338,788. Based on our calculation WAN could reach up to €2584.28 before it would have to overtake Bitcoin. So in theory the potential for growth is 10303x its current value (€0.250823). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Wanchain and in no way is it a prediction of any kind, far from it.
Where can you buy Wanchain?
Wanchain is currently listed on at least these crypto exchanges: Bitkub, Binance, DigiFinex, KuCoin, Huobi, CoinEx, BKEX, TokoCrypto, Nominex, Bitrue, Huckleberry, XT.COM, BitBNS and possibly some others.