Wanchain Update & Next Week's Launches ✈
Wanchain Community,
July was a month of great advancement for Wanchain, and this month is even more exciting with many product releases on the horizon.
Our beta testnet has had an overwhelming response from the community, with over 140 testnet Validator nodes set up all around the world.
We recently outlined some of Wanchain's key upcoming releases which include new mainnet products, Validator setup period, Delegation period, and the official launch of Wanchain Staking. A huge thank you to everyone who took part in our alpha and beta testing! If you have not collected your alpha testing reward, be sure to do so here!
Wanchain’s Key Upcoming Releases
Key Dates:
Monday, August 19th: New Products go live on mainnet — new wanchain.org website, new desktop light wallet, new explorer, and new stats website.
Tuesday, August 20th: Validators can begin setting up nodes over a two-week setup and preparation period.
August 20 — September 3 (2 weeks): Users are encouraged to Delegate their WAN to the Validators of choice before September 3rd.
Tuesday, September 3rd: Proof of Stake is officially enabled — validation and staking rewards become active. Users who have not staked their WAN at this time will not be eligible for the first round of staking rewards, but staking will be open on an ongoing basis after launch.
*The above dates are subject to minor changes based on development timelines. We’ll do our best to hit these exact dates.
Ecosystem Updates
Wanchain Partners With Malaysian Digital Ecosystem Creator PUC Berhad for Enterprise Blockchain Solutions
Wanchain has partnered with PUC Berhad (PUC), a publicly-listed company in Malaysia. The company is behind Malaysia’s reputable online marketplace, PrestoMall, the popular Presto Super App, as well as a wide range of other ventures in different sectors including fintech, new media, AI, and more. PUC is currently working with Wanchain to integrate blockchain technology into several segments of their businesses.
Wanchain will be the core provider for PUC Berhad’s new blockchain strategy, and the cooperation represents both PUC Berhad’s commitment to leveraging blockchain’s benefits, as well as Wanchain’s commitment to building real world blockchain solutions.
Orion Protocol and Wanchain Collaboration for Atomic Swap Technology
Orion Protocol is the premier liquidity aggregator connected to multiple exchanges, enabling a universal trading gateway to all crypto markets built on decentralized technologies (atomic swaps, blockchain, staking, lightning). Internally, Orion relies on public blockchains to provide users with secure and robust custodian solutions, as well as implementing reliable decentralized trading settlements.
We are proud to announce that Wanchain is entering a strategic partnership with Orion Protocol to use Wanchain’s public blockchain as an atomic swaps solution, a process which is essential for Orion decentralized trading. Wanchain supports smart contracts written in Solidity, privacy protection and decentralized cross-chain functionality.
Wanchain Global Ambassador Program
Wanchain is seeking superstar leaders from around the world to be in our first group of Global Ambassadors. Do you think you are a superstar leader? Read more and apply
Wanchain Global Meetup Program
Wanchain is thrilled to launch our Global Meetup Program to support our community's efforts in hosting in-person Wanchain events around the world. Apply to host a Meetup in your country! More details here:
Recent Developments
Wanchain Proof of Stake Beta Testnet is Live!
Wanchain’s Staking beta testnet officially launched on June 26th, 2019, as part of the journey toward a full transition from Proof of Work to Proof of Stake! Our Beta test application for has closed. Users wanting to test delegation can still do so by downloading the light wallet (below) and claiming test Wan from the faucet link in the article below.
New Testnet PoS-enabled Light Desktop Wallet
— WARNING — This is still a testnet wallet. Do not send any mainnet tokens to addresses in this wallet.
Remember how fun it was syncing the full node on your Wanchain desktop wallet? No more! We’re very excited to introduce our all new desktop light wallet — Wan Wallet — with a modern, minimalist design and fast load time. In addition to the universal token transfer of our previous wallet releases, the new light wallet also provides an interface for PoS delegation (currently limited to the testnet).
The new light wallet can be used with all functions available before switching from POW to POS, PoS delegation feature works with existing validator nodes (They are already up and running but not participating in POS consensus protocol, since the switch from POW to POS didn’t occur yet).
New additions to Wanchain Delegation Services
RiveX Set to Join as a Wanchain Galaxy Consensus Validator
Singapore-based RiveX officially announced their plans to join Wanchain’s Galaxy Consensus as a validator node, becoming the 10th organization to formally join. After the mainnet successfully switches to the new PoS consensus mechanism, RiveX will begin operating a validator node and accepting delegations from the community.
One of the DeFi initiatives offered by RiveX coming in Q4 2019 will be a new staking model called Staking as a Service (SaaS). RVX holders will be able to stake their RVX and earn what they want to receive from RiveX portfolio of staking partners. The first platform introduced under this SaaS model by RiveX is Wanchain. RVX can be staked to accumulate WAN.
RiveX envisions a decentralized cloud economy, supported by three main pillars including Blockchain as a Service (BaaS), Enterprise Solutions and Decentralized Finance (DeFi). RiveX serves different segments of clientele base from enterprise users up to public users.
You can support RiveX by joining the official Telegram chat with the button below
Wanchain Proof of Stake Consensus Technical Deep Dive
A series of deep dives into Wanchain’s new Proof of Stake Consensus.
A Double-Click on Wanchain’s 2019 Roadmap
2018 was a monumental first year for the Wanchain team, having delivered the three major product releases laid out in our original whitepaper including Wanchain 3.0 in December. In 2019, we’re putting our foot on the gas pedal, and an even more productive year is well underway. Below we expand on many of the milestones in our roadmap, and will also add some additional insights about our other plans for the year.
Wanchain on the Screen
Wanchain's new video explaining the company's vision.
Wanchain Mentions in the Media
Malaysian E-Commerce Giant PUC Berhad Partners with Wanchain to Introduce Blockchain Initiatives, here
Wanchain Announces Enterprise Blockchain Partnership With PUC Berhad, here
Wanchain Partners with Malaysian E-commerce Giant PUC Berhad on Enterprise Solutions, here
Bitcoin aside, should we be fearful of an institutional drive into cryptocurrency, or excited? here
3 Hurdles The Decentralized Finance Phenomenon Must Overcome Before Going Mainstream, here
How Will Blockchain Change The Healthcare Industry? here
WanChain (WAN) Beta Goes Live, Reducing Block Production Time by Half: Exclusive Interview With CEO Jack Lu, here
Wanchain与PUC控股集团达成战略合作,推进东盟地区企业级区块链应用落地, here