- Category: Smart Contract Platform
- Coin Launched: September, 2016
- Resources: White Paper
- Official Website: Waves
- Reddit: Waves
WAVES History / Information / Buying / Staking
The Waves blockchain was founded by entrepreneur Sasha Ivanov in 2016. That's when Ivanov established Waves Platform AG, a for profit company headquartered in Moscow whose purpose was to drive and fund the creation of a new blockchain network.
HOW WAVES WORKS
Waves attempts to correct one of the oldest issues in the crypto market, confusion. For most people, the prospect of programming and launching your own token seems like an impossible task. However, Waves enables anyone to create and launch custom crypto tokens without any prior understanding of the technology.
BENEFITS OF USING WAVES
Some of the benefits of using Waves are:
Waves is a zero-fee structure for developers. .
EASY TO USE
There is no easier way to create your own token and take advantage of simple blockchain functionality.
Waves users can stake their crypto and earn rewards.
Users gain access to a powerful decentralized exchange (DEX) when they use Waves as well. You can trade any Waves-based token with any other Waves-based token in seconds. The network allows you to create and trade crypto tokens without the need for extensive smart contract programming.
CAN YOU STAKE WAVES
Waves users can stake their crypto and earn rewards. The network utilizes stakers to keep the blockchain secure. Notably, you will need to stake 1,000 Waves to run a full staking node on the network.
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