Wanchain Released Monthly Report for August

Wanchain released its August community report on September 3rd.The report covers the xWAN distribution to community members and the start of the second season of the Telegram XP campaign.Refer to the official tweet by WAN:Your end-of-the-month highlights for August are here ☀️We closed off the month with a juicy airdrop of xWAN to our community and officially began season 2 of our Telegram XP campaign.Be active, get paid, be interoperable!WAN InfoWanchain is a decentralized financial platform that enables the exchange of digital assets across various blockchains. The project was launched in 2017 and aims to create a “new distributed financial infrastructure” by connecting different blockchains to facilitate interaction between them.Wanchain uses a Proof of Stake consensus algorithm called Galaxy Consensus that leverages a variety of cryptographic schemes including distributed secret sharing and threshold signatures to improve random number generation and block production mechanisms. Galaxy Consensus, developed by world-class researchers and academics, is a continuation of Cardano’s Ouroboros.WAN or Wancoin is the native currency of Wanchain. All Wanchain transactions, cross chain transactions, and smart contracts are powered by WAN.