Wanchain Updates from August & September 2020

Top updates from the months of August and September

Oct 09, 2020

Wanchain Community,

The months of August & September have proved to be incredibly busy months for the Wanchain team, working around the clock on the Wanchain 5.0 testnet which just went live, and the 5.0 mainnet just around the corner! Keep reading to find out more!

Wanchain Partnership Updates

WAN, WETH, WBTC and WEOS now on Pundi X Labs XWallet and XPOS devices!

Pundi X Labs @PundiXLabs

On Aug 31 2020 from 10:00 to 14:00 GMT+8, we will perform system update to implement new features, including supporting @wanchain_org native coin, #WAN and #WBTC, #WETH, #WEOS on #XPOS and #XWallet. Thank you for your continued support🛠

Wanchain and Pundi X first partnered in May 2018 to extend cryptocurrency accessibility to the public through the native Pundi X point-of-sale devices (XPOS). In October 2019, Pundi X started its own Wanchain validator to take advantage of Wanchain’s Galaxy Proof of Stake system, which takes inspiration from Cardano’s Ouroboros but adds several layers of improvements including increased random selection, speed, and security.

Wanchain Testnet Updates

Cross-chain ETH-WAN Bridge LIVE on the Rinkeby Testnet

We first announced Wanchain 5.0 with its Wanchain to Ethereum cross-chain bridge less than two months ago in our mid year update article. Since then, Wanchain’s R&D team including several PhDs in cryptography & other related disciplines, and our over thirty skilled software engineers have been working non-stop to bring Wanchain 5.0 to fruition. The fruits of their labor are now here and open to the world with the launch of the Wanchain 5.0 cross-chain bridge on Ethereum’s Rinkeby Testnet.

On August 26, 2020, the Wanchain R&D team successfully deployed the Wanchain 5.0 cross-chain bridge prototype on the Ethereum Rinkeby testnet. The bridge now enables the cross-chain transfer of testnet WAN between Wanchain’s testnet and the Ethereum Rinkby testnet.

The Wanchain 5.0 Testnet is now fully open to the public. We invite all node operators, developers, and general users to participate in the Wanchain 5.0 Open Beta Testnet Bounty Program. As a participant, you will help look for bugs and problems and provide suggestions for improvements.

Wanchain @wanchain_org

Pt 1. Wanchain GWAN (TESTNET) hard forked (v2.1.6-beta-2.) at UTC 00:00, September 1st, 2020 The fork adds to pre-compiled contracts with functions that allow for much cheaper cross-chain transactions in preparation for 5.0's $WAN - $ETH bridges

Wanchain @wanchain_org

Pt 2. New functions: Secp256k1 point addition Secp256k1 scalar multiplication Secp256k1 digital signature verification Secp256k1 & BN128 polynomial computation API for calculating PoS average return rate Detailed blog post on the way.... This hits the mainnet soon!

Wanchain @wanchain_org

The $WAN dev team just completed a testnet #MPC #storeman node group cycle!: Formed #MPC group, started work, and dissolved. Next is regrouping testing! It's not long till they will be powering #DeFi with real #crosschain assets! #ERC20 #WRC20 $BTC $EOS...& more to come!

Wanchain @wanchain_org

Wanchain 5.0's first testnet #Storeman Node MPC group cycle completed! Regrouped successfully and 2nd MPC cycle began! Dev team is busy testing to ensure security, stability, and scalability. The #DeFi world is about to meet the newest wrapped $BTC on the block thanks to $WAN 😎.

Wanchain @wanchain_org

We're bringing $WAN back to Ethereum! $wanBTC will also be coming along for the ride soon, now that Wanchain 5.0 Testnet is fully open to the public. Please participate in the Wanchain 5.0 Open Beta Testnet Bounty Program. Read more about it below:

medium.comWanchain 5.0 Testnet Bounty ProgramThe Wanchain 5.0 Testnet is now fully open to the public. We invite all node operators, developers and general users to participate in the Wanchain 5.0 Open Beta Testnet Bounty Program. As a…

The new “reHash” — Your Weekly Summary of Everything Important in the Crypto World

The Scoop changes name, meet reHash. First issuance of reHash will feature two weeks worth of updates, which (starting next week) will change back to weekly issuance.

This week’s edition looks a bit like an older brother of the previous version, '“the Scoop”. It is bigger, meaner and badder. The news is grouped by several keywords that seem to add more structure for the reader’s convenience.

The Scoop (now known as “reHash”) was originally written as a document for internal purposes. Maciej began writing it to make sure the entire Wanchain team is kept up to date on all the important events and trends in the industry. The team found it to be quite useful, and after a while, we realized it could be useful for our community as well.

Community Content

Say Hello to Wanchain’s DApp Ecosystem

To mark the addition of the official DApps section to the Wanchain home page at: https://www.wanchain.org/dapps/, we present this overview of the most prominent DApps in the Wanchain ecosystem.

In this article you can find an overview of the DApps which are currently available on Wanchain. You can use Wanchain DApps directly in your Chrome or Brave browser with the WanMask web wallet, the WanWallet desktop light wallet or the WanWallet mobile app for iOS and Android.

Introducing CrewFire!

CrewFire is a leading brand ambassador management software.
CrewFire is an ambitious, entrepreneurial team building a tool to help other ambitious, entrepreneurial teams build great brands.
CrewFire makes it easier to manage the Wanchain ambassador’s social media activity and incentives them to participate by providing Wan as rewards.
With CrewFire, Wanchain is able to empower, build and grow the thriving community of brand ambassadors (the Wandalorians) to help them drive referrals, create and share original content, and promote brand content on social media (and beyond).

Do you want to participate in our campaigns and earn #WAN? Just, sign up to CrewFire by using the button below!

August 2020 AMA recap

Thank you for all your questions! We read and discuss every single question and consult with all relevant team members to get the best answer for each question before publishing.