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What is Wanchain coin (WAN) and how does it work?

by Financial Economy

Wanchain (WAN) can be defined as a cryptocurrency that aims to rebuild the financial space and brings together digital assets around the world. Creating a new distributed financial infrastructure, Wanchain aims to strengthen the digital economy. Detailed information about what is Wanchain coin (WAN), how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is Wanchain coin (WAN) and how does it work?

Wanchain, which provides cooperation and connection between different Blockchain networks, allows transactions between chains. In this way, crypto money, which also contributes to the application of Blockchain technology to daily lives, sheds light on the future. Aiming to create a “distributed bank” with the ability to leverage all chains, Wanchain aims to achieve a position equivalent to that of traditional banks in the current financial system. Wanchain plans to achieve this goal by establishing a new infrastructure that will bring together digital assets.

The platform isn’t just for money transfers. Thanks to smart contracts, privacy protection protocols, and native Wancoin (WAN) token, Wanchain can be used to build countless financial applications, among other things. Wanchain is one of the first blockchain projects to incorporate privacy into smart contracts. The platform uses ring signatures and one-time address generation to provide anonymity to your transactions.

In the ring signature, your signature as the sender is mixed with other fake accounts. This mix makes it difficult to track you as the real sender. On top of that, Wanchain generates a new address for every transaction, so detecting transaction patterns is nearly impossible.

Where to buy Wanchain coin (WAN)? How much is the WAN coin price?

Wanchain coin (WAN) is listed on many cryptocurrency exchanges and can be purchased from these exchanges. But it is necessary to make sure that the exchange is “reliable”. As of October 8, 2021, the price of 1 WAN token is around $ 0.97.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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