We introduced Wrapped Widecoin (WWCN) is the first Erc20 token backed 1:1 with
Widecoin (WCN) to enhance the full integration of it. WWCN is a tokenized version
of another digital currency. They allow different tokens to be used on a non-native
blockchain. A Wrapped Widecoin token is a cross-chain token that can be used on
different blockchain networks. The process to convert a native crypto token into its
wrapped form is called tokenization.
There are hundreds of cryptocurrencies in existence today but they are all largely
disconnected from each other. A digital token native to one blockchain cannot be
used on another blockchain. This is where WWCN are important. A token´s value is
pegged to another cryptocurrency and it can be used on a non-native blockchain.
The distinctive to possess a serious ideas for the greater advancement of the
Widecoin project to a to a most derivative outcomes. The team compelled and yet
concisely determined to create Widecoin into something beyond better.
Creating WWCN can connect more bridges between different blockchains. A
Wrapped Widecoin is a tokenized form of an asset that natively lives on another
blockchain. This helps interoperability in the cryptocurrency and Decentralized
Finance (DeFi) ecosystem. Wrapped Widecoin open up a world where capital is
more efficient, and applications can easily share liquidity with each other.
Reference to WWCN main thread:
https://bitcointalk.org/index.php?topic=5351653.msg57568111#msg57568111