RATE Group | Wanchain’s Bridge to the Ethereum Blockchain Is Now Open
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Wanchain’s Bridge to the Ethereum Blockchain Is Now Open

23 Jul Wanchain’s Bridge to the Ethereum Blockchain Is Now Open

Posted at 18:56h in Ethereum News by

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Amber Baldet, former JPMorgan blockchain program lead (and current CEO of Clovyr), has expressed her doubts about the proliferation of blockchain protocols: “Each of these blockchains speaks a different language,” she said in April.

Getting different blockchains to talk to one another has become a pressing issue, as more and more protocols pop up – eos, tezos, neo, cardano, not to mention the two incumbent giants, bitcoin and ethereum.

The growing interoperability problem may be meeting its match, however.

On Monday, the Beijing- and Austin-based startup Wanchain announced the live release of its protocol’s version 2.0, which allows for decentralized transactions between its blockchain and ethereum using a form of atomic swap.

With this announcement, wanchain has become one of the first protocols to demonstrate the viability of cross-chain transactions. The project has made linking blockchains its core focus, with the aim of enabling use cases like multi-asset ICOs and better…

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