All the different blockchains can’t talk to each other. So, if you want to send assets across, you need a bridge.
Now, we expect these bridges to be fast, low-cost and offer high-security levels. That’s where Wanchain enters the scene. In this article, we’ll discover more about Wanchain.
Wanchain, a Web3 Bridge to Unify the Industry
They are crypto OGs because they have already been around for 7 years. During this time, they’ve never experienced a hack. There’s another reason why they stand out from other crypto bridges. That’s the Wanchain XFlows feature.
Wanderings brings you the latest news and developments from across the #Wanchain ecosystem. Check out the latest episode! 👇
1️⃣ #Bitcoin Bridge upgrade
2️⃣ #Cardano from #Metamask with @GoMaestroOrg
3️⃣ New Dapp integration: @DEGA_org RealmsAnd more!
📽️ https://t.co/W4dDYLiqcu pic.twitter.com/FmowwrquBP
— Wanchain (@wanchain_org) December 16, 2023
This allows the transfer of native assets between chains. You send a native asset from the origin chain and receive the same native asset on the destination chain. These 4 assets are
- BTC
- ETH
- USDT
- USDC.
So, there’s no need for random wrapped versions of an asset. And, combined, these 4 coins count for over 90% of all crypto transactions. In other words, having them as native tokens is important. This allows you to have and keep control over your tokens. That’s also why Wanchain is completely decentralized.
More About Wanchain
Our research team tested the Wanchain Bridge extensively. Here are their results. We’re looking at times and fees for cross-chain transactions. It shows how reliable, fast, and especially how low the bridging fees are.
🎉 The latest stats from #Wanchain's sustainable PoS blockchain and decentralised network of bridges!
⏲️ Uninterrupted uptime: 5 yrs, 334 days
🔗 Most bridged asset this week: #USDT#XFlows tx of the week: 10,000 #USDC from #BNB Chain (as Binance-peg USDC) to Arbitrum. pic.twitter.com/UWMKF2eH8H
— Wanchain (@wanchain_org) December 15, 2023
Those bridging fees spread out over 4 different chains are quite impressive. No bridge took longer than 6 minutes. The highest transaction fee was $1.32, moving the BTC around.
So, the next time you need to bridge BTC, ETH, USDT, or USDC, take a look at Wanchain.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Wanchain. Copyright Altcoin Buzz Pte Ltd.
