Wanchain 5.0 Mainnet Is Live Now!

This article was first published on Wanchain - Medium

Wanchain 5.0 Has Landed!!!

The new Wanchain 5.0 client — Gwan 2.1.6 — is now live on the official Wanchain Github.

On today, November 10th, 2020, the Wanchain team is proud to announce that Wanchain 5.0 Mainnet is live now!

The launch of Wanchain 5.0 marks a landmark achievement in Wanchain’s cross-chain mechanism and cross-chain capabilites. Our cross-chain mechanism has been upgraded from semi-decentralization to a more perfect balance between decentralization and usability. Our Storeman nodes are now fully open to the community. Cross-chain capabilities are more affordable and scalable, allowing for native assets and tokens to flow securely and rapidly back and forth between any two chains connected by our wanBridges.

The version of client Gwan for Wanchain 5.0 is v2.1.6.

What Is Wanchain 5.0?

Wanchain 5.0’s permissionless cross-chain solution perfectly balances decentralization with usability. Our decentralized wanBridges form the core of Wanchain 5.0, which ensures the safe and stable operation of the entire cross-chain system via the economic mechanism of staking WAN coins. Our wanBridges enable rapid and affordable cross-chain value transfer without compromising on security.

Introducing the New Cross-chain wanBridges

Let’s take a look at the picture of Islands on the Ocean to illustrate Wanchain 5.0....

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Wanchain - Medium

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