RATE Group | Wanchain 3.0: ‘Unlimited’ Potential For BTC Payments On Ethereum
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Wanchain 3.0: ‘Unlimited’ Potential For BTC Payments On Ethereum

10 Sep Wanchain 3.0: ‘Unlimited’ Potential For BTC Payments On Ethereum

Posted at 18:59h in Ethereum News by

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Protocols, dApps, and services based off the Ethereum network could soon start working with Bitcoin following the testnet launch of Wanchain 3.0, the blockchain interoperability platform’s latest Alpha product.

The Wanchain Foundation announced that Bitcoin integration with ‘Wanchain 3.0’, was in the final stages of development on its platform. Wanchain (WAN) will then be able to provide cross-chain functionality between the Ethereum and Bitcoin networks.

The news means BTC should soon interact with ethers as well as other tokens based on the Ethereum network, such as ERC20s and ERC721s. 

CEO Jack Lu made the announcement yesterday afternoon in Shanghai. He said Wanchain 3.0 would enable individuals and businesses to use its bitcoin proxy, or WBTC, as a means of exchange on ETH-based dApps and services.

“Upon launch of our impending Wanchain 3.0 release, any dApp, protocol, DEX, or other project built on Ethereum will be able to break down the wall between their network…

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