Wanchain (WAN) Launches Bitcoin to Ethereum Blockchain Bridge
Wanchain 3.0, bridging Bitcoin to Ethereum and ERC20s, is Live! Our 2018 roadmap is now complete, and we're already at work on the next step toward interoperability between all blockchains. Read more about this release, use cases enabled, and what's next: https://t.co/KsrVDsFloq
— Wanchain (@wanchain_org) December 11, 2018
According to the announcement, the new product release features cross-chain transaction capability, offering one of the first major instances of seamless blockchain interoperability. This marks a large step forward in Wanchain’s goal to make sure all DEXs, protocols and other crypto components are fully interoperable across blockchains.
“Wanchain 3.0 is our biggest release ever, bringing the network of Bitcoin users to projects and tokens built on Ethereum. I am very proud of our team for achieving our final 2018 milestone laid out in the initial launch of our company,” said Jack Lu, Wanchain’s founder and CEO.
This news comes roughly a month after Wanchain partnered with Chainlink (LINK), a decentralized oracle network, to bring real-world data to Wanchain. The Chainlink integration into Wanchain will bring access to traditionally off-chain information, including APIs, payment gateways and feeds of data and information.
Despite the major announcement, WAN is down 0.65% over the last 24 hours to $ 0.31912, giving the project a $33.88 million market cap and making it the 82nd largest cryptocurrency.
More: Wanchain 3.0 Launches Bitcoin Bridge to Ethereum — Continues Rapid Progression in Blockchain Interoperability Mission
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.