WhiteCoin, also known as White Coin (abbreviation: XWC), is a decentralized global blockchain with a four-year history. Driven by a dedicated group of supporters, no single individual can control it. This attractive combination helps ensure stability, growth, and compelling technological advancements. People from around the world have contributed to developing WhiteCoin, making it secure and reliable.
In 2017, WhiteCoin underwent a technological upgrade to become a POS 3.0 encrypted digital currency, focusing on network security, payments, and communication security. The core development team comprises tech elites from the Netherlands, Belgium, Germany, Australia, China, and more.
The newly launched Whitecoin mainnet, after its upgrade, will be a high-performance public chain that supports cross-chain transactions, smart contracts, and a decentralized exchange. It enables cross-chain circulation between existing blockchains (such as BTC, LTC, ETH) and multi-asset management within its own chain. Through the Multi Tunnel Blockchain Communication Protocol (MTBCP), assets can enter the Whitecoin ecosystem, breaking down barriers between blockchains and creating an interconnected new blockchain world.
Project Highlights
The innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol has pioneered the interoperability of value across blockchains. The implementation of cross-chain functionality holds significant implications for the current blockchain landscape:
- It realizes the interoperability of value across blockchains.
- It breaks down barriers between independent blockchains, laying the foundation for an interconnected blockchain ecosystem.
- It allows existing blockchains to achieve better scalability and value sharing.
- It facilitates the integration of existing internet infrastructure with blockchain technology.
Use Cases
Whitecoins 100% Reserve Ratio
To ensure the stability and security of the ecosystem, Whitecoin maintains a 100% reserve ratio. Each WAMP token is backed by real underlying assets (such as BTC, ETH) staked in cold/hot multi-signature addresses managed by the RPOS consensus on their original chains. This ensures that all assets within Whitecoin cannot be created or destroyed arbitrarily, and each increase or decrease corresponds directly to user deposits or withdrawals on the original chains.
High Efficiency of Whitecoin
Following the RPOS consensus, Whitecoin produces a block every six seconds, significantly improving transaction confirmation speeds compared to BTC (one block every ten minutes) and LTC (one block every two and a half minutes). When transferring or trading BTC or LTC assets on the Whitecoin mainnet, the performance is approximately 100 times and 25 times faster than on the respective mainnets.
Whitecoins theoretical TPS (transactions per second) reaches 10,000, capable of handling high-volume transactions across multiple chains.
Smart Contracts on Whitecoin
Whitecoin users can leverage Turing-complete smart contracts to flexibly extend and customize complex business logic and financial contracts.
Without modifying the original chains code, Whitecoin can implement Token contracts, trading contracts, lockup contracts, and various DApp contracts with limited and controlled dynamic extensions.
With cross-chain functionality, users can create a single identity to manage assets across multiple chains, much like having one account in traditional internet ecosystems. Users no longer need to switch between different wallets and assets on different chains, while developers can build applications using a unified framework, enhancing user experience and fostering a healthy ecosystem.
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