Wanchain Progress Update — December 22, 2017

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Wanchain

6 min readDec 22, 2017

Dear Wanchain Community,

First off, a big ‘Thank You’ to Wanchain’s Community Members and Community Managers for a successful Beta Testnet launch. We received feedback on our Beta from many of you and we will continue to engage our community more often with our Technical Updates as we get closer to Wanchain’s Mainnet launch. Be on the lookout for our frequent announcements. We at Wanchain are as excited about our product’s vision as our community.

Beta Release

On the 19th of December, Wanchain launched the Beta Platform. Our community has been very active testing out the different functions of the Beta. As with other test faucets, we also received a request from Github to not use their public Gist URL to request test WAN tokens. We have since complied with Github’s request and our product team is exploring alternate schemes to fund test WANs to our community members.

In the interim, we ask our community members to request test WANs on our Discord Server: https://discord.gg/3DpeV6W and join our channel: #beta_testnet, and request test WANs there. We have several Community Managers standing by as well to help speed up the process.

The issues we have received so far will all be consolidated and prioritized according to the severity and will make into our upcoming updates. We will also provide updates on the bug bounty after we process all the reported issues.

Conferences

Blockchain Technology Application Summit 2017 (December 21st: Shanghai, China)

Jack Lu presented the Wanchain project, including the roadmap, applications that can be built on Wanchain, Locked Accounts and Cross-Chain transactions. Over 2400 people attended.

President of Wanchain: Dustin Byington talking (video)

China Blockchain Innovation Forum (December 21st: Shenzhen, China)

Boris Yang presented the Wanchain project at the Shenzhen Forum. Over 300 people attended the event.

Boris Yang presenting the Wanchain project

Meet ups

ICON Meet Up (December 12th: Seoul, South Korea).

South Korea Wanchain Meet Up (December 13th: Seoul, South Korea)

Founder of Wanchain, Jack Lu, presenting at a Wanchain-sponsored Meet Up in Seoul, South Korea

Fintech series Meet Up (December 15th: Beijing, China)

Over 100 people attended this meet up. The event was co-organized with CYZONE.cn

Wanchain Cross-Chain Smart Contracts (December 18th: Hong Kong)

Wanchain hosted its first meet up in Hong Kong on the 18th of December. Founder of Wanchain, Jack Lu, presented Wanchain and its core values at this meet up. Over 70 people attended the event.

Jack explained some of the different use cases of the Wanchain platform. Different types of exchanges (e.g. distributed exchanges or OTC exchanges) can be built on top of the Wanchain platform for cross-chain trading. Jack also went on to explain other use cases, including the execution of digital loans processing in a decentralized and secure manner, as well as the integration with consortium chains. Jack talked about Wanchain 2.0 and 3.0, that will implement support for cross-chain transactions between public chains such as Ethereum (2018) and Bitcoin (2019).

Upcoming Conferences

Dubai Blockchain Summit 2018 ( January 8th 2018: Dubai)

President of Wanchain, Dustin Byington, will be speaking at the Dubai Blockchain Summit on the 8th of January 2018 about Wanchain and its vision moving forward. To see the list of attendees please click on: https://dibs.ae/blockchain-summit-speakers

BTC Miami (January 18th,19th: Miami, USA)

The Wanchain team will be attending and co-sponsoring the conference. Jack Lu will also be speaking at the conference. To see more details please click on: https://btcmiami.com

Blockchain Technology Evolution in US and China (January 26th: San Francisco, USA)

Jack Lu will be attending this event. To see more information about it please click on: http://www.goblockchainconnect.com/#about

Community

As we approach the launch of the Wanchain mainnet, our Community Managers have been busy setting up regional groups, preparing meet ups and press releases. We have been concentrating a lot on bringing in new community members and plan to host a lot of meet ups in the coming months.

Places where we will be conducting meet ups in the coming months (*subject to change*):

London, UK

Munich, Germany

Bangalore, India

Sydney, Australia

Singapore, Singapore

Seoul, South Korea

Beijing, China

Shanghai, China

Shenzhen, China

San Francisco, USA

Austin, USA

AMA

We will be answering questions made by the community on our subreddit https://www.reddit.com/r/wanchain/ in the new year. Expect the official date to be released early January 2018. We will give the community 4 days to ask questions and both Jack Lu (Founder) and Dustin Byington (President) will be answering questions.

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We hope everyone has a wonderful holiday season!

Thank you so much,

The Wanchain Team

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About Wanchain

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.

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