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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW
Wanchain- “Distributed Bank”
Website: https://www.wanchain.org/
White paper: https://www.wanchain.org/files/Wanchain-Whitepaper-EN-version.pdf
Review of their ICO: https://icodrops.com/wanchain/
Twitter account: https://twitter.com/wanchain_org
Telegram: https://t.me/WanchainANN
Discord: https://discordapp.com/invite/3DpeV6W
Reddit: https://www.reddit.com/r/wanchain/
Facebook: https://www.facebook.com/wanchainfoundation/
Weibo: https://www.weibo.com/login.php
Understading the difference between public/private/consortium blockchains: https://www.blockchaindailynews.com/The-difference-between-a-Private-Public-Consortium-Blockchain_a24681.html
Medium article by Oliver Birch of Wanchain: “The main goal of Wanchain is to solve the issue of value transfers between different ledgers.”
https://medium.com/@interblockchains/wanchain-interoperability-420e5022c138
President of Wanchain explaining why the tokens on EtherDelta will be difficult if not impossible to be redeemed on the platform: https://twitter.com/wanchain_org/status/946543948192915456
Wanchain AMA Q&A’s: https://www.reddit.com/r/wanchain/comments/7qkh8m/this_is_wanchain_ask_us_anything/?limit=500
Addressing the FOMO with good perspective: https://www.reddit.com/r/wanchain/comments/7rne3q/your_profits_may_not_be_what_you_are_hoping_for/
There are some important things you should know before purchasing Wancoin, so let’s get right into it.
Founded by Jack Lu, the same man who brought us Factom back in 2014. The entire team behind wanchain is impressive to say the least. This team is stacked. Not only do they have a long list of individuals rich with encryption, software development and blockchain experience, but they also have a few solid individuals handling the marketing side of things. Both of which are paramount for any crypto project to have a chance at success.
According to Oliver Birch of Wanchain, at its core, Wanchain wants to address the problem of value transfers between different ledgers or blockchains, and also achieve a more widely spread blockchain technology and digital asset applications. (https://medium.com/@interblockchains/wanchain-interoperability-420e5022c138)
According to their white paper they plan to achieve this by pursuing
* Cross-chain asset transfer
* Transaction privacy protection
* Functional Extensibility
They aren’t exactly the first to pursue cross-chain transactions, but they are coupling this with privacy features like ring signatures, you might recognize this one from Monero, and also single use accounts.
If you’re interested in learning more on how Wanchain’s protocol completely removes the third party problem then I definitely suggest going over their white paper, it’s very well written and they go over in detail how they will achieve this and how their privacy features work.
What the coin is for:
Wancoin is used to pay for the fees on the network, and they are also necessary for ensuring cross-chain transactions. Because the coin is directly related to the cross-chain transactions occurring through Wanchain, the more cross-chain transactions occur, the more valuable wancoin will become. (article from Oliver Birch)
Ok so let’s say you’re interested in purchasing some wancoin. They had a massively successful ICO that sold out quickly. If you didn’t get the chance to take part in it, usually your best bet is to purchase the tokens on EtherDelta. EtherDelta is that one decentralized exchange that lists nearly all ERC20 tokens. It’s also notorious for being a pain to navigate and often slow to make trades, but it is for this reason that EtherDelta is also a chance for you to purchase a promising token before it hits a major exchange and most likely jumps in price.
If this is your plan to get a hold of some wancoin, let me stop you right there. The wancoins or more appropriately called tokens that are offered on EtherDelta will not be able to be easily redeemed, or redeemed at all for use on Wanchain. Reason being that in order to redeem your tokens on wanchain, you need to verify that you indeed own the wallet that they are stored on. This means that those who took part in the ICO will have no problem with this, but those who purchase the tokens on EtherDelta are only purchasing pure speculation of the price and will not be able to use those tokens on the actual platform.
Dustin Byington is a Scammer. Just thought you should know. I think if you "invest" in any of his project, you really do deserve to lose your money!
IM IN LOVEEEE
Guys where can i legitematelly buy WAN? Not Etherdelta for sure?
WANCHAIN will be on exchanges before the end of February, announced today by CEO.
now you can swap your erc-20 token from etherdelta to wan tokens..
so will they burn off the tokens on etherdelta? do they still count towards the circulation supply?
Swap for native wancoins is on. If ppl are interested to trade. Pls trade the native wancoins and not the erc20 token on ethereum
man, she can get this mutambo
You can buy Wanchain on etherdelta but wanchain will not exchange it for native WAN coin, which means you waste you money
Hi great vids but what do you think about cloud mining?
Do not buy WAN on Etherdelta, it's not the original token, and it will not able to be used on mainnet. Wanchain has lot's of info, please research everything yourself, when it comes to investing.
Sounds like AION with a Monero layer. You forgot to mention that they are allied with AION (and ICX). The redundancy in this space is getting out of control.
Great video – thanks! I'm a little puzzled about this Ether Delta business though; what if you buy the ERC20 tokens with no intention of using them on the Wanchain platform – just to trade on other exchanges when available?
The wallet doesn't print. Anyone solved this problem?
Why can't we buy from etherdelta and late sale it on exchanges like Binance
thanks for this information. How, where can we buy wanchain?
So awesome.. that wanchain pays these guys so much to promote… never tell us when its getting listed
How have I not found this channel before?! I got into cryptocurrency 3 months ago and have always been into the travel/nomad lifestyle so I'm definitely subbed!
Thanks Heidi, you Rock !
etherdelta is utterly broken…
love you heidi
You didn't mention the recent ED hack. Wan Chain is not available for purchase yet either.
I was about to write this “Fucking bitch you can’t purchase from etherdelta “ than I stop ?
nice video cutie so when you think i can buy this token from Wanchain
You should probably follow WANCHAINS TWITTER. PLEASE Stop giving out wrong info. 🙁
when is wanchain hitting the exchange
I see you looking at IU
i dont like ETHER DELTA!
Fyi – Although I am old enough to be your father, Damn you have one of the best smiles. Even when I just look at the title of the video with your smiling face, it somehow makes the world a brighter place….Thanks
Heidi have a look at radar relay and wandx. it will replace etherdelta
Thanks love. This EtherDelta is the "absolute pits" when it comes to buying coins, AVOID EtherDelta.
Ok, I'm in love now.