Waves Platform
The Waves platform is a comprehensive technological effort that encompasses token assets, decentralized trading, dApps, and private blockchain solutions. Founded by Sasha Ivanov in the beginning of 2016, the platform is multifunctional and has the main goal of producing custom coins on it. These coins are further developed and transferred in the exchange of custom tokens or other assets through the blockchain.
What it gives you.
The platform enables its users to launch a cryptocurrency of their own. Moreover, it also enables decentralized trading and crowdfunding, thanks to its integration with fiat currencies.
Company Message
(wiki) Waves is an open-source blockchain platform, developed, marketed, and operated by Waves Platform AG, that allows users to launch their own custom cryptocurrency tokens. Whilst popular cryptocurrencies such as Bitcoin and Ethereum can be traded on external exchanges, and Ethereum allows users to create new tokens.
Waves is an overall huge platform with many features. In short, here are the things that stand out about the project:
No doubt the biggest, most notable thing about WAVES is its decentralized exchange.The most obvious advantage of trading on the Waves Platform, as opposed to another exchange is the fact they are decentralized. This means your coins can’t be accessed (or stolen) from the people running the company. Additionally, the infrastructure itself makes hacking practically impossible. Still there are a few things you must know before trading at such a venue, like the lack of ability to restore your password. Waves informs you about them when creating an account. There is a fixed fee of 0.003 WAVES on all orders. With the current price of a single token being around 7.45, this is slightly more than 2 cents per trade. This will be very beneficial for bigger traders. However refrain from using your credit card on the site, as the markup on credit card transfers is quite high.
The Waves Coins have a high network speed that allows hundreds of transactions per second. The commission, however, is very small making the transfer of cryptocurrency convenient between the network members.
Waves introduces new transaction types through plug-ins that are not included in the core software module, but are instead installed as an extension on top of it. Clients that do not have the relevant plug-in installed can still relay these custom transactions. This approach allows third-party developers to introduce new transaction types and creates an Appstore-like ecosystem.
Only the most basic transaction types are supported at the core level, including:
- Custom token creation, deletion, and transfer
- Decentralized token exchange, realized as a distributed order-matching engine, where Bid and Ask network transactions are matched against each other
- Anonymity features — anonymous order books are a must for an industry-grade trading platform
It should be noted that WAVES makes a crucial step ahead with decentralized blockchain trading by offering to trade off one custom token against another (asset-to-asset trading). This opens up a whole new range of opportunities, including trading against tokens tied to national currencies, thus replicating traditional trading infrastructures.
WAVES is a decentralized blockchain platform focusing on custom blockchain tokens operations The platform makes it possible for users to tailor thousands of other kinds of tokens on the same platform. The majority of these coins go through an ICO and possess massive potential. The Waves platform not only supports fiat currencies but also cryptocurrencies like Bitcoin, Ethereum Classic, and others. The list is expanding all the time.WAVES is a decentralized blockchain platform focusing on custom blockchain tokens operations. National currencies transfer is maintained on the WAVES blockchain through compliant gateway operators. Decentralized token exchange facilitates fundraising, crowdfunding, and trading of financial instruments on the blockchain. Lightweight clients provide an easy installation procedure and a flat learning curve for end users.
Waves Wallet
What's awesome about the WAVES wallet is that it offers an all-in-one solution where you can buy, store and a majority of tokens and coins.
Waves has implemented credit card purchases for WAVES and bitcoin within its lite client via a partnership with Indacoin. The bitcoins purchased will be delivered directly to the user’s wallet as a WBTC token via the Waves bitcoin gateway, or instantly converted to WAVES if preferred. The service is best suited for buying small amounts of BTC and WAVES, in order to use the platform’s token creation and distribution facilities.
The wallet supports a range of fiat and cryptocurrencies, including USD, EURO, TRY, BTC, ETH, LTC, ZEC, BCH, BSV, DASH and XMR, all of which can be deposited, stored, traded and withdrawn. It can also be used on pretty much all conventional devices, being available on Windows, Mac OS, Linux, iOS and Android devices.
It also allows users to create their own token for the price of just 1 WAVES token.
