Wanchain Staking - Beta Testnet Live and TPS Increased to 1000+

The beta testnet for Wanchain Proof of Stake has been released along with three new Wanchain products

Noah Maizels
Jun 26, 2019 · 4 min read
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Wanchain’s Staking beta testnet has officially launched today, June 26th, 2019, as part of the journey toward a full transition from Proof of Work to Proof of Stake!

The beta release features a number of exciting developments:

See this link for the validator beta testing instructions:

2) New Testnet PoS-enabled Light Desktop Wallet (Link) — WARNING — This is still a testnet wallet. Do not send any mainnet tokens to this address.
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).

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3) Major blockchain explorer update (Link)
The blockchain explorer has undergone a major overhaul. In addition to an updated design, the new explorer now includes a wide range of PoS related statistics including information about validator nodes, delegators, stake amount, delegation fees, and more.

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4) WAN Stats platform (Link)
The new WAN Stats platform makes it easy for users to obtain a detailed overview of the entire network and staking data. Through the platform, users can visually monitor the status of all validator nodes.

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Learn more about Galaxy Consensus in our Deep Dive series:

Part 1: General Overview
Part 2: Random Number Generation
Part 3: Leader Selection Algorithms
Part 4: Delegation Mechanism
Part 5: Economic Incentives

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About Wanchain

Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in Beijing (China), Austin (USA), London (UK), Kuala Lumpur (Malaysia), Paris (France), and Madrid (Spain).

You can find more information about Wanchain on our website. Additionally, you can reach us through Telegram, Discord, Medium, Twitter, and Reddit. You can also sign up for our monthly email newsletter here.

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Wanchain

Our mission is to provide an open and trusted platform to…

Noah Maizels

Written by

https://www.linkedin.com/in/noah-maizels/ https://github.com/noahniuwa

Wanchain

Wanchain

Our mission is to provide an open and trusted platform to power transfer of digital assets across siloed blockchains. We believe this will enable us to connect and empower communities globally.

Noah Maizels

Written by

https://www.linkedin.com/in/noah-maizels/ https://github.com/noahniuwa

Wanchain

Wanchain

Our mission is to provide an open and trusted platform to power transfer of digital assets across siloed blockchains. We believe this will enable us to connect and empower communities globally.

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