Embarking on the realm of distributed ledgers, Wanchain emerges as a dynamic entity, fostering cross-chain transactions and weaving a tapestry of interoperability across myriad chains. However, its identity extends beyond a mere conduit between blockchains; Wanchain stands tall as a sovereign blockchain, orchestrating its operations with autonomy. Within its framework lies a distributed ledger, diligently processing and upholding the annals of cross-chain transactions.


In the realm of Wanchain, transactions transpire not only amidst diverse public blockchains but also amidst the clandestine corridors of private chains. As an offshoot of Ethereum (ETH), Wanchain inherits the essence of its progenitor blockchain. This protocol, with its robustness, autonomously executes applications via the conduit of smart contracts. The canvas of Wanchain's utility sprawls wide, encompassing realms like decentralized exchanges (DEXs), platforms for lending and borrowing, the realm of stablecoins, crowdfunding ventures, as well as the sphere of multi-currency payments and settlements.


Within the sanctum of this decentralized platform, no custodial entities wield sway over transactions, emancipating them from the shackles of third-party guardianship. Unlike its counterparts in the cross-chain cosmos, Wanchain shuns reliance on external platforms for transaction authentication. Employing the mechanism of locked accounts, it fortifies and administers accounts within its network, obviating the need for external interpositions.


Venturing into the origins of Wanchain, one encounters the visionary Jack Lu, who laid its foundations in 2017. With its nerve center spanning the geographies of Beijing, China, and Austin, Texas, Wanchain embodies a fusion of cultures and technologies.


At the helm of this innovation voyage is Jack Lu, an entrepreneurial spirit and technical virtuoso whose tryst with blockchain predates Wanchain, having co-founded Factom in 2014. Additionally, Lu's entrepreneurial ventures include Wanglutech, a blockchain protocol specializing in data deposit certificates and digital assets.


Li Ni, adorned with the mantle of Vice President of Operations, brings over a decade and a half of technological acumen to the table, coupled with prowess in marketing, business development, and sales. His illustrious career path includes stints at ZTE, SuperMap Software, and Delta Electronics.


Weijia Zhang, the luminary serving as Vice President of Engineering, emerges as a beacon of expertise, wielding prowess in software modeling, blockchain, and cognitive sciences. With a portfolio adorned by the imprimatur of DELL, Zhang's expertise shines through in over twenty pending and granted tech patents.


The essence of Wanchain's uniqueness lies in its endeavor to sculpt a sprawling marketplace for digital assets, interlinking disparate chains in a symbiotic embrace. Propelled by smart contracts, security apparatus, and its native coin (WAN), Wanchain unfurls a tapestry of applications, transcending conventional boundaries.


While cross-chain transactions often tread the alleys of third-party platforms, Wanchain's ethos reverberates with decentralization. Employing multi-party computing and threshold secret-sharing technology, it navigates the labyrinth of account management autonomously.


The edifice of Wanchain rests on three pillars of cross-chain functionality: a registration module, a cross-chain transaction data transmission module, and a transaction status query module. These components weave a seamless tapestry, orchestrating the symphony of connectivity from inception to fruition. Kindred spirits in the blockchain cosmos include Ripple (XRP) and ICON (ICX).


Delving into the realms of tokenomics, Wanchain's native token, WAN, assumes multifaceted roles in payments and on-chain governance. The initial coin offering (ICO) witnessed the sale of 107,100,000 tokens, valued at approximately 120,000 ETH at the time. While the maximum supply is pegged at 210,000,000 WAN, the circulating supply as of March 2021 stands at 169,028,581 WAN.


A delineation of token allocation reveals that 39% of the token supply is earmarked for project founders, 51% for investors, and the remaining 10% for airdrops and rewards. WAN emerges as the lifeblood of transactions, traversing the realms of both parent and satellite chains.


Security underpins the ethos of the Wanchain network, anchored in the foundation of WAN, a derivative of Ethereum, fortified by proof-of-stake (PoS) consensus. The ERC-20 WAN tokens issued during the ICO metamorphosed seamlessly into the native chain upon the mainnet's advent in 2018.


Validation nodes, constituting Vouchers for cross-chain transaction verification, Storemen for locked account management, and Validators for routine verifications, form the bedrock of the platform's security apparatus. Stakeholding WAN emerges as the sine qua non for validating transactions, while cryptographic encryption underpins the creation of locked accounts, immunizing them against external intrusions.