Project Overview
WhiteCoin, Chinese name White Coin (XWC for short) is a four-year-old decentralized global blockchain. Whitecoin is driven by a dedicated group of supporters that no one person can control alone. This attractive combination will help ensure stability, growth and compelling technological developments. People from all over the world have been working on developing white coins to make them safe and secure.
White Coin was upgraded to a POS3.0 encrypted digital currency in 2017, focusing on network security, payment and communication security. The main developers are composed of technical elites from the Netherlands, Belgium, Germany, Australia, and China.
The newly launched Whitecoin mainnet will be a high-performance public chain that supports cross-chain transactions and has smart contracts and decentralized exchanges. It realizes cross-chain circulation between existing blockchains (BTC, LTC, ETH, etc.) and multi-asset management of this chain. Enter the Whitecoin ecosystem through the Multi Tunnel Blockchain Communication Protocal (MTBCP) protocol, break through the barriers between blockchains, and create a new blockchain world that is interconnected.
Project Highlights
The innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol takes the lead in realizing the value interconnection between blockchains. The realization of cross-chain functions is of great significance to the current blockchain field:
(1) The value interconnection between blockchains is realized.
(2) It breaks through the barriers between independent blockchains and provides a foundation for the construction of an interconnected ecosystem in the blockchain world.
(3) Let the existing blockchain achieve better expansion and value sharing.
(4) Help the infrastructure of existing Internet businesses to connect with the blockchain.
Application scenarios
Whitecoin 100% reserve
In order to ensure the stability and security of the ecosystem, the reserve ratio of Whitecoin is 100% Hundreds of, each WAMP has a real original chain asset (such as BTC, ETH) pledged in the hot and cold multi-signature addresses managed by the RPOS consensus on the original chain. This ensures that all assets of Whitecoin will not be added or destroyed out of thin air, and the increase or decrease of each asset corresponds to the user's recharge or withdrawal of assets on the original chain.
Whitecoin is efficient
According to the RPOS consensus, the Whitecoin main chain produces a block every 6 seconds, compared to BTC every 10 minutes and LTC every 2.5 minutes , the transaction confirmation speed has been significantly improved. The performance of BTC or LTC asset transfer or transaction on the Whitecoin main chain is about 100 times that of the BTC main chain and 25 times that of LTC, respectively.
The theoretical TPS (transactions per second) value of Whitecoin reaches 10,000, which is enough to carry high-load transactions on multiple chains.
Whitecoin smart contract
Whitecoin users can flexibly expand and customize complex business logic and complex financial contracts by using Turing-complete smart contracts.
On the basis of not modifying the original chain code, Whitecoin can realize limited and controllable dynamic expansion functions such as Token contracts, trading contracts, lock-up contracts, and various DAPP contracts.
When cross-chain is realized, users can create an identity to manage multiple chains in the blockchain just like having an account in the traditional Internet. He no longer needs to open different chains to select wallets and assets of different chains; and developers can also use the same thing to build business, which in turn allows users to enjoy some newer and better things, forming A healthy ecosystem.
