Waves Wallet

Waves Wallet

Non-Custodial

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As a platform, Waves could be described as the “Blockchain for the People”.

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What is Waves?

Waves has a unique ecosystem; a combination of a crowdfunding platform, a decentralized exchange, and a wallet for storing digital assets.
The key objective of Waves is to use the advantages of blockchain technology to create a new unique entrepreneurial infrastructure, offering functional and simple tools that allow every person or business company to take advantage of the blockchain. Waves is an ecosystem developed to enable users to store, manage, trade, and issue their own digital assets, providing tremendous opportunities for developers, companies, investors, and traders.

The Waves platform provides low transaction fees, low latency, and high network throughput capacity. It allows traders to securely store their assets, safely and quickly trading those assets at any time using the built-in decentralized exchange (DEX). Companies can issue their own tokens to start their business, crowdfunding, loyalty programs, etc.

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Online Waves (WAVES) Wallet

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Online Waves Wallet

Leased Proof-of-Stake

LPoS enables users to give their own WAVES balances to fullnodes (account leasing). Anyone can be a validator in the Waves network, but needs to have at least 1000 WAVES on his account to run a fullnode.
In LPoS, each Masternode can receive WAVES from other token holders (delegates) in exchange for a part of the block rewards.

Leased Proof of Stake works just like PoS with one main difference: LPoS uses a leasing system to give token holders an incentive to participate. Nodes with a low WAVES balance lease their tokens to the full nodes. Leased funds remain under the full control of their respective owners. After the “victory” and the creation of the block, the fullnode receives a reward and proportionally shares it between the leased nodes.

Waves-NG

Waves-NG is a new Bitcoin-NG based protocol created by Cornell IT professor Emin Gün Sirer. The Waves-NG consensus algorithm increases throughput and block generation speed, and, according to the developers, allows for processing up to100 tps.

The miner is given the opportunity to create a block in real-time (continuous) mode, which, once created, continues to grow and is called a liquid block. This liquid block doesn’t change over time after adding the next block. The algorithm not only allows you to conduct micro-transactions without any delays, but also allows the platform to withstand heavy loads, such as the distribution of tokens after crowdfunding and airdrops of bonus tokens. The processing speed of exchange transactions is also increasing.

Waves Ecosystem

Waves DEX (Decentralized Exchange)

Users of Waves DEX platform can carry out real-time p2p trading, using tools and interfaces generally accepted on centralized exchanges.

Waves DEX appeared as a lite client with a GUI interface on April 16, 2017. The lite version does not require a full blockchain download, exchange requests are confirmed within a few milliseconds, and the throughput is 1000 tps. The Matcher nodes provide the functioning of the Decentralized Exchange platform with their main goal to connect seller and buyer,recording the transaction in the Waves blockchain. For its work, the Matcher node receives a percentage of the transaction fees. The Waves trading platform is faster and safer than the traditional (centralized) cryptocurrency exchange. Manage Waves Tokens

Crowdfunding Platform

Waves platform users can issue their own digital cryptographic assets to finance their projects, as tokens can be sold on the open market during crowdfunding. The process of issuing tokens to attract financing is called Initial Coin Offering (ICO), somewhat resembling Initial Public Offering (IPO). Investors can purchase project tokens for any convenient currency (US dollars, Euro, Bitcoin, Ethereum, etc.). Token buyers can resell, donate, or exchange them for different crypto tokens within the Waves blockchain infrastructure.

The issued tokens actual price depends its value into the dAPP. The real value of the token is determined during trading on the cryptocurrency exchange.

Waves token

The Waves platform has developed and introduced the community token, a tool for crowdfunding campaigns launched on the Waves platform. The WAVES token was created to stimulate long-term storage of funds inside the Waves ecosystem. Token holders receive additional income through the constant distribution of assets by the platform, and also receive the right to vote for a variety of projects. As the value of new projects increases, users become more interested in participating in the Waves community.

MRT Token

Waves miners receive a monthly reward on their account in MRT Tokens, however, starting from the reward size of 50 MRT in March 2017, every 50,000 blocks the size of the reward is reduced by 5 MRT.

Consensus LPoS is the basis for the allocation of mining funds. Miners receive transaction fees within the platform and payments of other project tokens transaction fees issued on Waves.

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