Waves Blockchain - Explained
What is Waves ? WAVES is a cryptocurrency, a decentralized exchange platform that allows for the creation of custom tokens and also for exchanges/trading of different cryptocurrencies. Creation of own crypto-tokens and DApps has been possible ever since the launch of Waves. Wave platform can be a better choice for projects like crowdfunding, building a loyalty rewards program, or creating an in-app currency and so on. Waves support for DEX environment which allows for exchanges of newly created tokens without the involvement of middleman. Origin of Waves WAVES was officially launched in November 2016 by the Russian physicist, Alexander Ivanov. This waves platform uses Proof of Stake Consensus Algorithm for developing tokens, smart contracts, and Decentralized Applications. Founder: Alexander Ivanov Release Date: 6th July 2016 Release Method: ICO. Special Features of Waves Own Tokens Issuance The most important feature of waves platform is that it allows users to create...