WhiteCoin, Chinese name Baibi (XWC for short) is a decentralized global blockchain with a history of four years. Whitecoin is driven by a dedicated group of supporters, no single individual can control it alone. This attractive combination will help ensure stability, growth and compelling technological development. People from all over the world have been working on developing Whitecoin to make it safe and secure.

Baibi was upgraded to 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.

After the upgrade of the newly launched Whitecoin main network, it will be a high-performance public chain that supports cross-chain transactions, has smart contracts, and a decentralized exchange. It realizes cross-chain circulation between existing blockchains (BTC, LTC, ETH, etc.), as well as multi-asset management of the chain. Enter the Whitecoin ecosystem through the Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol, break through the barriers between blockchains, and create a new interconnected blockchain world.

Project Highlights

The innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol is the first to realize the interconnection of value between blockchains. The realization of the cross-chain function is of great significance to the current blockchain field:
(1) Realized the value interconnection between blockchains.
(2) Break through the barriers between independent blockchains and provide a foundation for building an interoperable ecology in the blockchain world.
(3) Let the existing blockchain achieve better expansion and value sharing.
(4) Help the existing Internet business infrastructure to connect to the blockchain.

Application scenario

100% reserve for Whitecoin
In order to ensure the stability and security of the ecosystem, the reserve ratio of Whitecoin is 100%, and each WAMP has a real The original chain assets (such as BTC, ETH) are 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 each asset increase or decrease 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, 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.
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 contract, transaction contract, lock-up contract, 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 click on different chains to select wallets and assets of different chains; developers can also use the same thing to build business, which in turn allows users to enjoy some newer and better things, forming A benign ecosystem.

Related information:

https://www.chainnews.com/articles/275168307700.htm