Wanchain enables truly decentralized cross-chain transactions between isolated heterogeneous blockchain networks. The Litecoin addition allows LTC to be traded cross-chain and used with EVM-compatible smart contracts.
“Litecoin is one of the world’s most important cryptocurrencies,” Wanchain founder and CEO Jack Lu said. “It is also amongst the largest without smart contract capabilities. Wanchain and several of our enterprise partners are all very pleased at the prospect of what smart contracts and true decentralized cross-chain interoperability can bring to Litecoin and the blockchain community at large.”
“Connecting a truly heterogeneous blockchain like Litecoin to EVM-compatible chains like Ethereum, Wanchain and Binance Smart Chain without sacrificing any security or decentralization is a true feat,” VP of Business Development and Operations Li Ni said. “Integrations like this one and XRP Ledger reaffirm Wanchain’s mission to connect all the siloed blockchains in the world. Wanchain is one step closer to being the Wide Area Network of the blockchain industry.”