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Author Topic: [ANN][ICO] Wanchain - Connecting blockchains to exchange value  (Read 79084 times)
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January 19, 2021, 12:46:03 AM
 #1001

Universal Multichain Bridges with Shared Staking Assets

https://medium.com/wanchain-foundation/universal-multichain-bridges-with-shared-staking-assets-e2a50669f016

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A blockchain bridge is a connector that connects two homogeneous or heterogeneous blockchains to allow data, value, and assets to flow across blockchains. The Wanchain bridge solution is implemented via Storeman nodes. A Storeman mechanism is a component node that is used to listen to events on multiple blockchains and processes and relays the transaction to the corresponding blockchains. A storeman node may have multiple running programs to form a cluster and each shares part of the secret for unlocking the accounts that stage the cross-chain values. The storeman mechanism will support staking that allows users to lock a portion of their assets through a smart contract to fund the running node and receive a reward for the cross-chain transaction.

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Using shared storeman group, Wanchain will develop a universal crosschain mechanism to dramatically improve the scalability and security of crosschain bridges.
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February 22, 2021, 02:06:05 PM
 #1002

Important Notice: WanWallet Desktop & iWan-RPC Server Will Be Temporally Out of Service on February 25th Due To Multi-chain Bridge Mechanisms Going Live on Wanchain Mainnet

Wanchain blockchain will make a brand-new upgrade to its cross-chain mechanism on February 25. The specific time and precautions are as follows.

Schedule

- 0:00 UTC+0, February 25th, 2022–0:00 UTC+0, February 26, 2022: The cross-chain mechanism of Wanchain mainnet is upgraded to Universal Multi-chain Bridges with Shared Staking Assets (for short, Multi-chain Bridges). WanWallet Desktop, wanBridge Web and iWAN-PRC server will be out of service for approximately 24 hours. (Note: The upgrade completion time at 0:00 on February 26 is the estimated time. The actual completion time may be earlier or slightly delayed. Please pay attention to Wanchain official announcement at that time)

- 4:00 am UTC+0, March 1st, 2022: The fourth Storeman nodes selection begins

- 4:00 am UTC+0, March 9th, 2022: The new version of Storeman Group with the Multi-chain Bridges mechanism starts working



Read more: https://medium.com/wanchain-foundation/important-notice-wanwallet-desktop-iwan-rpc-server-will-be-temporally-out-of-service-on-afa45096336

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February 24, 2021, 04:03:15 PM
Last edit: February 24, 2021, 04:33:04 PM by Dalib
 #1003

The Fourth Storeman Group Begins On March 1st, 2021; BTC-Ethereum wanBridge Will Be Live!

The Storeman Group has been running for more than three months since the first group opened on November 21st, 2020. According to the cycle parameters, the fourth Storeman Group will begin its selection on March 1st, 2021.

The fourth Storeman Group will adopt a brand-new cross-chain mechanism — Universal Multi-chain Bridges With Shared Staking Assets. After this Group enters the working status on March 9th, the BTC-Ethereum direct bridge and the combined Storeman Group will come into play.

Make certain to prepare your node if you want to participate in the fourth group, or to register to withdraw if you are a current Storeman node and wish to withdraw.

More details :  https://medium.com/wanchain-foundation/the-fourth-storeman-group-begins-on-march-1st-2021-btc-ethereum-wanbridge-will-be-live-cccae86a8f6f


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