Wanchain promotion through the use of memes

in #wanchain5 years ago (edited)

wanchain blockchain technology cryptocurrency decentralization

Some weeks ago I wrote several articles about the Wanchain project, and how the people who created it are figuring out solutions so different blockchains could directly interact with each other.

In case someone doesn’t understand what this is all about, in short words, different blockchains are like different universes, meaning they operate without ever being “aware” of the assets nor of the transactions that are happening in other blockchains, they were simply not designed to be natively interoperable.

What Wanchain is doing, is creating new protocols that are solving this problem, being Ethereum-based, the first blockchain compatible with the Wanchain platform was Ethereum, but in the coming months Bitcoin is also going to be compatible, and their plan is to add as many different blockchains as possible, and make them able to interact with each other.

One of the most important implications a project like Wanchan can have for the blockchain industry, is that it will allow for cross-chain smart contracts to exist, this means that a smart contract will be able to trigger transactions on different blockchains simultaneously, therefore, Wanchain will increase the sophistication of financial instruments that operate on the blockchain industry.

Some of the articles I wrote about Wanchain were the introductory post where I provided a general overview of the project, the second article is where I explained the potential that a project like Wanchain has for the entire crypto industry, and there was also a very important element in the Wanchain project that was about their strategy to encourage the development of multi-chain dapps.

With the goal of adding a little bit of a funny element to the mix, below I am sharing some memes I did that can be used to promote Wanchain through humor.

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

wanchain wanlabs cryptocurrency blockchain technology interoperable chain meme

Feel free to reuse these images in any way you want!

These are some informative links for anyone who wishes to learn more about this project:

· Project Website: https://wanchain.org/

· Products & Services: https://wanchain.org/product

· Documents: http://www.wanchaindocs.org/en/latest/

· Facebook: https://www.facebook.com/wanchainfoundation/

· Medium: https://medium.com/wanchain-foundation

· Telegram: https://t.me/WanchainANN

“DISCLAIMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investments should be carried out based on any information presented here. You can lose all of your money by investing. The following information is for educational and entertainment purposes only.”

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So... Wanchain is a system to perform smart contracts between different blockchains. Is that it? Are there any plans for decentralization?

Basically yes.

On the financial field for example, imagine asking for a loan on a blockchain, but the asset that’s backing that loan is on a different blockchain. With a cross-chain smart contract if the person doesn’t pay back the loan, the smart contract could trigger a transaction on the second blockchain and send the assets that were backing up the loan (the collateral) to the person who didn’t receive his loaned money back.

This is just an example of how Wanchain can make financial tools more sophisticated thanks to multi-chain developments.

Wouldn't dapps operate like that simply by using smart contracts? What about decentralization plans?

Wouldn't dapps operate like that simply by using smart contracts

Yes, by using cross-chain smart contracts the dapp will have cross-chain capabilities.

With decentralization, I guess you mean that cross-chain capabilities shouldn't rely on Wanchain alone right?

I've recently read some stuff on decentralization and now I realize that was a stupid thing to ask!

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