Wanchain is focused on the creation of a new financial market by implementing cross-chain transfers across different blockchains. Currently, the ecosystem is not that efficient and decentralized with the number of tokens and blockchains in the ecosystem. Wanchain connects the independent chains to provide a framework for the exchange of assets, as it is an independent blockchain itself. Wanchain is forked from Ethereum but is not an ERC20 token. The cross-chain communication includes three functional modules: the registration module, a data transmission module, and a transaction status query module. The blockchain of Wanchain is built on the strength of Ethereum and any ETH dapp can run on WAN blockchain without changing the code. Wanchain uses ring signatures and a One Time Address (OTA) generation system to enable its users to protect their identity.
The top 4 Wanchain wallets in 2020 are:
Wanchain wallet is the official wallet, which enables you to send, receive and store WAN token and other tokens built on the Wanchain blockchain. With the release of version 2.0, Wanchain started supporting cross-chain transactions with Ethereum. Wanchain wallet is supporting Windows, Linux and Mac OS, so you don’t have to switch onto a newer operating system. The best part is that the Wanwallet 2.0 works with both main and test networks of Wanchain and Ethereum, is considered as one of the best Wanchain online wallets.
Click here to Wanchain Wallet download
Ledger Nano is one of the most popular cryptocurrency hardware wallets, which provides access to the world’s leading digital cryptocurrencies like Bitcoin, Dogecoin, Ripple, Ethereum, Wanchain and around 1000 such cryptocurrencies. Ledger Nano is known as one of the safest hardware wallets so far, supports offline storage so that no hackers can reach out the funds. You have to choose 4- digit PIN code and if you lose the device, you can recover it through 24 unique word passphrase.
Click here to download Ledger Nano Wallet
Trezor is also a hardware wallet launched in 2014 which connects your computer with a USB cable and provides top-notch security against any kind of thefts or hacks. Trezor is an HD wallet, which can be backed by a 24-word passphrase, which is generated using RNG from the device. The seed is generally operated offline which ensures it is never generated on internet-connected devices. An extra 24-word passphrase can be added for security. You can setup Trezor in three ways- the chrome extension, mytrezor.com, and by command line.
Click here to download Trezor
Trust Wallet is one of the most reliable Wanchain mobile wallets which is available as both Wanchain wallet android and ios that enables you to send, receive and store cryptocurrencies like Wanchain and other ERC20 tokens. This open-source wallet focuses on providing a straightforward and easy platform and the best part is that it allows you to control the private key completely. Trust is considered as one of the best Wanchain wallets ios.
Click here to download Trust Wallet
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