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What is Waves (WAVES)?

May 10, 2018 By admin_coin

What is Waves Crypto Currency?
What is Waves Crypto Currency?
A brief description of Waves.
We propose to focus on other uses of blockchain tokens – those which are often overlooked in favor of the low-level opportunities which blockchain technology might provide, such as smart contracts. There is very strong untapped potential in a classical colored coins approach, and the WAVES platform is designed to realize this to its fullest extent.

Waves Video

The purpose of Waves 

Decentralized exchange, Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, token issuance

Waves Abstract

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.

More information can be found in the Waves whitepaper https://wavesplatform.com/files/whitepaper_v0.pdf

Other Waves facts

  • Trading symbol: WAVES
  • Governance: Centralized > Hierarchical
  • Open source: No
  • Product status: Fully working product
  • Consensus method: Proof of stake
  • Emmission rate: Unknown
  • Transactions per second:  56,000
  • Total Supply: N/A
  • Release date: 2016-04-12

Usefull Waves links

  • Waves’s Website
  • Waves pricing data & fundamental Waves information
  • Waves’s Website
  • Waves official blog
  • Waves’s Bitcointalk Forum
  • Waves’s Reddit Forum
  • Waves’s block explorer
  • Waves’s Alexa site stats
  • Waves’s official forum: Unfortunately we don’t have this data available.
  • Waves’s Github code repository:
    https://github.com/wavesplatform/Waves
  • Waves’s roadmap:
    n/a
  • Waves’s team page: https://wavesplatform.com/team.html
  • Waves’s whitepaper: https://wavesplatform.com/files/whitepaper_v0.pdf

Filed Under: Waves Tagged With: Altcoin, Crypto, Currency, WAVES, What is?

Other questions related to this cryptocurrency:

  • Is Waves (WAVES) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Waves (WAVES)?
  • All available information on the Waves (WAVES) ICO
  • How can I contact the Waves (cryptocurrency) team?
  • Who is leading Waves (WAVES) crypto?
  • Where to find Historical trading info and past performance on Waves (crypto)?
  • Where can I find fundamental analysis of Waves (WAVES)?
  • How to buy Waves (WAVES) cryptocurrency?
  • What is Waves (WAVES)?

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