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ECOSYSTEM SCORE
ECOSYSTEM SCORE
The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.
ECOSYSTEM SCORE
ALERTS
REVIEW NOTES
Documentation score is increased as API documentation are added
The third-party score was increased as Stellar cloud platform was added.
Foundational tools score is decreased due to SDKs and programming languages
Foundation tools score is increased as SDKs are added
The ecosystem score decreased due to low compatability of SDKs.
Developer community score is increased as new data has been added.
The ecosystem score decreased due to low compatability of Programming Language Support.
Ecosystem score increased due to availabilitiy of documentation.
Foundation tool score has increased as Flutter SDK was added.
Foundation tool score has increased as Scala SDK was added.
Foundation score increases due to introduction of GO and C++ implementation.
Increasing Performance score because Node count has been added
Increasing Foundation tools score because Essintials tools and SDKs added
Decreasing documantion score because Skeleton code is not available
Foundation tools increases by essential tools, programming languages and sdks
Add-Ons are decreases by security auditing tool
Third party services increases by oracle integration and cloud provider
Perfomance score increased as read-write speed, gas fee and node count is available.
Documentation score increased as skeleton node and node validator are available.
Grant Program score decreased due to unavailability of Grant Data and Paid to Developers.
ADD-ONS score must be increased as Dao is added
Protocol Support score increased due to availability of Email, Chat and Ticketing System.
Updaing Performence data because nodes count has been added
Increasing Foundation tool score because SDKs has been updated
Increasing grant score no of developers and grant data has been added
Foundation tools decreases by essential tools, programming language support and sdks
Increasing Third party score manage API data has been added
Foundation tool score decreases due to addition of dosen't exist programming language.
SDK count decreased and Grant total is been decreased
Documentation score must be increased as all information is present
Adoption score increased as number of developers has increased.
Add-Ons score increased due to Plugins.
Foundation tools score is increased as new Programming Languages were added
Documentation score decreased due to no official skeleton code.
Third-party services score increased as Chainlink integrated with Moonbeam.
Add-Ons score increased due to Bridges.
FOUNDATIONAL TOOLS score decreased due to addition of new SDKS ie., Unity SDK
Documentation score is decreased as validator nodes doesn't exist
3rd party services score decreased as cloud provider doesn't exist
Add-ons is decreased due to no data of Intellij and VSCode
Documentaion increases by their existance
Add-Ons decreases by security auditing tools
Add-Ons score increased due to availability of Dao.
Third-party service score has increased due to Oracle Integration, Managed API and Cloud Provider.
Protocol Support score increased due to Email, Chat support and Ticketing System.
Protocol Support score decreased due to Email and Slack support.
The ecosystem score Increased due to availability of Protocol Support.
Ecosystem score Increased due to availability of Protocol Support.
Foundation Tools score is increased as Flutter SDK is added.
Foundation Tools score is increased as Flutter SDK is added.
Ecosystem Score increased due to addition of Protocol Support data
Ecosystem Score has increased due to availability of Protocol Support
Ecosystem Score has increased due to availability of Protocol Support
Documentation Score Decreased due to not availability of Node Setup & Validators
Documentaion Score decreased due to unavailability of Skeleton Code.
Foundation tools score decreases due to addition of doesn't exist programming language.
Add-Ons score increased as swapping tools were added.
Adoption score increased as GitHub commits were added.
The documentation score is increased as validator nodes are added.
Data transfer from Protocol support to Add-ons, Hence score increased.
Data transfer from Protocol support to Add-ons, Hence score increased.
Ecosystem score decreases with respect to Foundation tools score.
Ecosystem score decreases with respect to Foundation tools score.
Add-Ons score increased
Protocol Support score increased
Grant Program score has decreased due to unavailability of Grant data.
Grant total increased due to protocol support.
Add-Ons score decreased due to insufficient information.
Thirds Party services score increased due to Cloud Provider, Oracle Integration and Managed API.
Adoption score increased due to data verification.
Add ons score decreased due to insufficient information
Add-Ons score increased due to launch of bridge.
Adoption score has increased as github commits were added.
Third Party Sevices Score increased as Cloud Provider is added.
Foundation score increased due to introduction of Glow language.
Foundation Tools score is increased as programming languages are added.
Protocol score decreased due to read-only slack channel.
Add-ons score is increased due to the introduction of DAO.
Add-Ons score decreased due to insufficient data.
Foudational tools score decreased due to insufficient data
Community score decreased due to hidden Telegram online members.
Performance score is decreased due to error in Uptime.
Ecosystem score Increased due to availability of Protocol Support.
Performance score is decreased due to error in Uptime.
Documentation Score has decreasd due to unavailability of Skeleton Code
Documentation score is increased as skeleten code is added
Add-ons score increased due to addition of library from VSCode, Intellij, etc.
Adoption score increased by fetching data like developer, repository, etc.
Ecosystem Score is decreased due to unavailability of Grant Program.
Ecosystem Score is decreased due to unavailability of Grant Program
Documentation score increased as skeleton node, node validator is available
Protocol Support score has increased as Email,chat and ticketing system has added
Protocol Support score has increased as Email,chat and ticketing system has added
Documentation score increased as skeleton node, node validator is available
Documentation score increased as skeleton node, node validator is available
Protocol Support score has increased as Email,chat and ticketing system has added
Protocol Support score increased due to Email Support.
Adoption score is increased as number of developers count increased.
Foundation Tools score increased due to new programming languages.
DOCUMENTATION score increased due to addition of skeletion code item
PERFORMANCE
PERFORMANCE
The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.
PERFORMANCE
25
1
3,358
530,800
99
| PERFORMANCE MATRIX | VALUE | MONITORED AT |
|---|---|---|
| Gas Fee | 530,800 | November 12, 2024 4:00 AM |
| Write Speed | 1 | November 12, 2024 4:00 AM |
| Read Speed | 3,358 | November 12, 2024 4:00 AM |
FOUNDATION TOOLS
FOUNDATION TOOLS
The score represents the development support the protocol offers to developers in terms of tools and resources.
FOUNDATION TOOLS
DOCUMENTATION
DOCUMENTATION
he score is derived by considering the documentation support offered by the protocol to help developers better understand the protocol's ecosystem.
DOCUMENTATION
Exists
Exists
Exists
Exists
GRANT PROGRAM
GRANT PROGRAM
The score reflects the protocol's progressiveness in allocating funds to support the developers who are building on top of the blockchain.
GRANT PROGRAM
N/A
N/A
ADD-ONS
ADD-ONS
The score reflects how equipped is the protocol's ecosystem with add-on tools like code editors, IDEs and security
auditing tools.
ADD-ONS
THIRD PARTY SERVICES
THIRD PARTY SERVICES
The score reflects the protocol's ability to provide third-party services such as Oracle integration, API management, and cloud services.
THIRD PARTY SERVICES
PROTOCOL SUPPORT
PROTOCOL SUPPORT
It reflects how well the protocol's support system works in terms of communication tools, DAO rating, development community size, and stack exchange, among other things.
PROTOCOL SUPPORT
ADOPTION
ADOPTION
It indicates how widely the protocol has been adopted in the industry, taking into account aspects such as the
number of developers that are using it and the number of transactional values.
ADOPTION
251
70
N/A
COMMUNITY
COMMUNITY
The score depicts the protocol's overall responsiveness toward its members in online communities like Discord,
Telegram, Slack, Linkedin, etc.
COMMUNITY
Every new blockchain strives to address the challenges of the existing blockchains that continue to live as siloed, isolated networks with less communication ability in the web3 ecosystem. Wanchain is another cross-chain technology-enabled blockchain. This protocol believes that the future is connected, and the network aims to link all these isolated networks together. Considering that the goal of Web3 is to make seamless peer-to-peer interactions in a networked society. Wanchain believes this is possible only through a truly decentralized and interoperable ecosystem, a wide area network of blockchains, in short, Wanchain.
About Wanchain
Wanchain is a sustainable and decentralized layer 1 interoperability solution based on the Proof-of-Stake consensus mechanism. It is a full Ethereum-like environment, compatible with industry-standard Ethereum tools, dApps and protocols. It aims to bring interoperability to the Web3 ecosystem through fully decentralized, direct and non-custodial bridges, connecting both EVM and non-EVM networks without any intermediaries. Currently, more than 15 layer1 and layer2 blockchain networks are connected by the Wanchain network. WAN is the native cryptocurrency of Wanchain.
Wanchain cross-chain bridges include:
- Direct bridges - Requires no intermediaries or relay network for cross-chain transactions.
- Layer 2 bridges - Uses decentralized pools to link assets between popular Ethereum layer2 networks such as Polygon or Arbitrum.
- NFT bridges - Utilizes the lock-mint-burn-unlock mechanism.
Architecture
Most of Wanchain's direct bridges use the lock-mint-burn-unlock method, whereby the original asset is securely locked on the source chain before a wrapped asset is minted on the destination chain when moving from one chain to another. These tokens can be burned or wrapped token anytime to fetch the original asset.
Layer2 bridges utilize decentralized liquidity pools to link assets together. With this approach, a pre-existing pool of assets is locked in an account under the Bridge Group's management on both the source and destination blockchains. Before an equal amount of assets is released on the destination blockchain, a user who conducts a cross-chain transaction deposits assets into the pool on the source blockchain.
Despite being tailored to each project, NFT bridges are akin to the lock-mint-burn-unlock way of bridging. The NFT IDs and attributes are also transferred between blockchains.
Consensus Mechanism
Wanchain uses a unique Proof-of-Stake consensus algorithm called Galaxy PoS consensus. It is a permissionless consensus mechanism based on Cardano's Ouroboros PoS but with innovation in various key areas. This protocol has a set of eligible stakeholders known as the Community. Each community member is given opportunities to participate in consensus and earn rewards, determined by how much WAN they hold and how long the token is locked.
Technical Design
Wanchain offers Bridge Nodes or Storeman Nodes and standard PoS Validator Nodes. These bridge nodes' ensure that cross-chain transactions are carried out and verified.
All Bridge Nodes are required to stake WAN tokens as collateral. This unified decentralized collateral pool serves as the foundation for all of Wanchain's many cross-chain bridges.
There are 25 active Bridge Nodes at any given moment. They get together to form the Storeman or Bridge Group, and re-election for the Bridge Group occurs monthly.
Anyone can put up a Bridge Node because they are permissionless.
Founders
- Jack Lu - Founder and CEO
- Dustin Byington - President
Popular Use Cases
Wanchain offers several potential use cases involving:
- Finance - Wanchain enables cross-chain transactions and the exchange of different coins.
- Identification - It offers an efficient solution for cross-border identity verification.
- Supply Chain - Wanchain allows businesses to track their supply chain to identify the source of any issues.
- Medical - It facilitates safe record keeping of patient data and permits the speedy transfer of information whenever needed.
Other Information
Wanchain offers decentralized, non-custodial bridges to enable interoperability across inherently different blockchains on their isolated and independent chains. The bridge currently offers the following:
- Arbitrum
- BNB Chain
- Dogecoin
- Moonriver
- EOS
- Bitcoin
- Polkadot Relay Chain
- Fantom
- Avalanche C-Chain
- Litecoin
- Moonbeam
- OKC (OKX Chain)
- Polygon
- Ethereum
- XDC Network
- XRP Ledger