Waves

 

Waves

• WAVES is a platform for the development, transmission, transaction, and Dapp development of digital assets. It can act as a decentralized exchange through its own embedded peer-to-peer (P2P) digital asset trading capabilities and supports the transaction of digital assets such as Bitcoin and Ethereum. Wave tokens (WAVES) are digital assets used by Wave and are used as fees for exchanging with other digital assets, or for creating and issuing tokens. Wave ultimately aims to build a blockchain cloud funding platform.

 

 

First issue	2016.04.	Total issue limit	Unprovided
market capitalization		Current Distribution
As of April 29, 2024 (Courtesy of Coin Market Cap)	4225.3 million won	As of April 29, 2024 (Courtesy of Coin Market Cap)	114,459,664
As of April 29, 2024 (Courtesy of CoinGecko)	3682.4 million won	As of April 29, 2024 (Courtesy of CoinGecko)	100,000,000

 

 

Characteristics

1. Leased Proof of Stake (LPoS), similar to Deferred Proof of Stake (DPoS), is used as a consensus algorithm. Unlike the Deferred Proof of Stake, Lease Proof of Stake has the characteristic that there is no limit to the creation of nodes.
2. We used Waveman's Waves NG protocol to speed up transaction processing per hour.

 

Vision

• Wave has been working on active business agreements, including projects to build the Singaporean government's digital asset sales platform, participating in the development of a digital asset support platform for Russia's central depository, and partnering with Russian Burger King. Wave aims for 100% Turing completeness through continuous development and plans to expand globally.

 

precautions

• This digital asset is linked to the USDN (Neutrino USD, not supported by transactions), which claims stable coins. Matters concerning the distribution volume, such as the issuance and incineration of WAVES, may affect each other with the USDN. Please note that if the interlocking function does not work properly, there is a possibility of market price fluctuations.