Waves Platform - A Complete Overview
1 like178 views
The document provides an overview of the Waves blockchain platform and its components. It discusses the Waves blockchain, which can handle 150 transactions per second. It also describes the Waves Client wallet and decentralized exchange. Additionally, it outlines Tokenomica, a self-regulatory body for ICOs, and Waves Lab, which connects projects to businesses and communities.
Waves Platform - A Complete Overview
- 1. In Focus: Waves A comprehensive summary of the platform that brings strategic and structured crypto-solutions
- 2. ● Waves Blockchain ● Waves Client ● Tokenomica ● Waves Lab CONTENTS
- 4. ● Waves Blockchain ● Waves Client ● Tokenomica ● Waves Lab CONTENTS
- 5. ● Waves - NG is the blockchain that powers the Waves platform ● Recently the Waves team has proved that their blockchain can handle 150 transactions per second, making it fastest amongst the existing blockchains ● Unlike other blockchains, the NG protocol allows user to access the blockchain without downloading it ● Waves releases a block every one minute WAVES BLOCKCHAIN: WAVES - NG
- 6. ● Waves is working on the Non-turing smart contracts in first quarter of 2018 ● The initial attempt is to work securely while the smart contracts cover most of the possible use cases ● Post the successful launch of Non-turing smart contracts, Waves team will implement Turing smart contracts in the last quarter of 2018 ● Post this implementation, the smart contracts would cover all the use cases on par with their competition with complete security WAVES BLOCKCHAIN: SMART CONTRACTS
- 7. ● Banking on the immutability of blockchain, Waves is apt for voting exercises ● The voting can be in the form of tokens received per person in a stipulated time with one token per person or with no cap on tokens per person ● This voting system would be a game changer for taking business decisions involving many stakeholders ● The voting would be transparent and free from rigging and fraudulent activities WAVES BLOCKCHAIN: VOTING
- 8. ● Atomic swaps facilitates the exchange of cryptocurrencies without the involvement of any third party ● Waves team would be working on the implementation of atomic swaps early this year ● Post the implementation, the team plans to launch the trading of ERC20 tokens against Waves tokens by the end of 2018 ● The implementation on a decentralized exchange would be a monumental step for cryptocurrencies WAVES BLOCKCHAIN: ATOMIC SWAPS
- 9. ● Waves Blockchain ● Waves Client ● Tokenomica ● Waves Lab CONTENTS
- 10. ● Multi-currency wallet is available with Waves client ● The wallets are blockchain addresses only the users control ● The funds are not stored on the exchange and are stored in the blockchain addresses accessible only by users ● Very user friendly and easy to access WAVES CLIENT: WALLET
- 11. ● DEX is the most practical tool to exchange tokens ● A complete decentralized exchange that provides centralized experience with its quick order matching ● Nearly 72 tokens traded on the exchange ● Can load the tokens directly from the wallet without moving the funds to the exchange’s possession WAVES CLIENT: DECENTRALIZED EXCHANGE (DEX)
- 12. ● Easy to use interface that allows users to create their own tokens in minutes ● An able DEX to register and launch ICOs for the created coin ● Low fee to create and launch one’s own token ● Low transaction fee of 0.003 Waves to trade on their DEX WAVES CLIENT: TOKEN LAUNCHER
- 13. ● Fiat gateways are available for depositing money and purchasing crypto ● Through strong KYC, they have made the purchase and sale of cryptocurrencies easy and viable ● Moving money in and out of the ecosystem through both Fiat and Crypto gateways is fast and easy WAVES CLIENT: GATEWAYS
- 14. ● Waves Blockchain ● Waves Client ● Tokenomica ● Waves Lab CONTENTS
- 15. ● Self regulatory body set up to provide the standards for ICOs and blockchain based businesses ● The body makes sure businesses meet all AML/KYC requirements ● It enables corporations to launch their own tokensales ● Open access to the benefits of crowd investment ● Provide compliant services to big businesses TOKENOMICA
- 16. ● Waves Blockchain ● Waves Client ● Tokenomica ● Waves Lab CONTENTS
- 17. ● Connects projects to wider communities, including businesses ● Ensure the project has solid business proposition backed by viable token model ● Set out a framework within which all Waves ICOs will operate ● Shape the emerging regulatory landscape by adopting a voluntary code of conduct ● Ensure liquidity for tokens traded on the DEX WAVES LAB