Partnership Announcement: Telos x Wanchain

Telos Foundation
4 min readMar 9, 2023

--

We are excited to announce our new partnership with Wanchain, a global leader in decentralized blockchain interoperability solutions. The Telos EVM network will be added to Wanchain’s cross-chain infrastructure. With this collaboration, Telos users will have access to an even wider range of DeFi applications and services that are available on the Wanchain platform. This development is a significant milestone for both Telos and Wanchain, and we are excited about the possibilities it brings for the future of the blockchain industry.

About Wanchain

Wanchain is both a sustainable Layer 1 PoS blockchain and a decentralized wide area network of blockchains. The Wanchain Layer 1 PoS blockchain is a full Ethereum-like environment that works with industry-standard Ethereum tools, DAPPs, and protocols. Wanchain’s wide area network of blockchains is a decentralized system of direct, non-custodial cross-chain bridges that connect both EVM and non-EVM networks without requiring any centralized intermediaries. Currently, more than 20 Layer 1 and Layer 2 networks are connected by Wanchain’s wide area network of blockchains including but not limited to Arbitrum, Astar, Avalanche C-Chain, Bitcoin, BNB Chain, Ethereum, Fantom, Litecoin, OKC Network, Polkadot Relay Chain, Polygon, XDC Network, XRP Ledger, and now Telos.

About Telos

Telos is a high-performance blockchain that provides a secure and decentralized platform for dApps and other blockchain-based projects. With cutting-edge technology that delivers scalability and accessibility, Telos makes it effortless for developers to build and launch innovative projects on its network. Telos provides the ideal technical and economic infrastructure to foster user creativity and simplify blockchain integration, connecting the world’s most imaginative projects worldwide. Telos is the go-to blockchain for high-performance dApps and projects that want to ensure the fastest speeds and rock-solid reliability.

Highlights

Wanchain and Telos have deployed new decentralized, non-custodial bridges connecting the Telos EVM to Bitcoin, Ethereum, Abitrum, Dogechain, Optimism, the Polkadot Relay Chain, Tron and the Wanchain Layer 1 blockchain.

The assets that will initially be supported are: BTC, ETH, DOGE, DOT, TRX, USDC and USDT.

  • Telos <> Bitcoin: $BTC
  • Telos <> Ethereum: $ETH, $USDC, $USDT
  • Telos <> Arbitrum: $ETH, $USDT
  • Telos <> Dogecoin: $DOGE
  • Telos <> Optimism: $ETH, $USDT
  • Telos <> Polkadot: $DOT
  • Telos <> Tron: $TRX, $USDT
  • Telos <> Wanchain: $BTC, $ETH, $DOGE, $DOT, $TRX, $USDC, $USDT

How to complete a cross-chain transaction?

All cross-chain transactions between EVM networks follow the same process. A full guide can be found here.

Conclusion

This collaboration is a significant step forward for both platforms, as it will enable seamless interoperability between Telos and other blockchain networks that are connected by Wanchain’s cross-chain infrastructure. With this integration, Telos users will be able to access a wider range of decentralized finance (DeFi) applications and other blockchain-based services that are available on the Wanchain blockchain and other leading networks. With their cutting-edge technology and commitment to users, Telos and Wanchain are paving the way for the future of the blockchain industry.

To learn more about Wanchain, visit their website and other socials!

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. Wanchain’s mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3.

Website | Bridge | Documentation | Telegram | Twitter | Newsletter | Blockchain Explorer 1 | Blockchain Explorer 2 | Developer Portal

Follow Telos

Telos is a blockchain reimagining what’s possible. Telos is faster, cheaper, greener, and honest. We are leading the way for a better Web 3.

Website | Twitter | Discord | Telegram | Medium

--

--

Telos Foundation
Telos Foundation

Written by Telos Foundation

Innovation meets gaming at Telos. Your home for secure, scalable & supercharged gaming experiences. Empowering devs, exhilarating gamers. https://www.telos.net

No responses yet