• Waves cryptocurrency review. Key ideas of its creation

    Waves cryptocurrency was created by a physicist and named after the discovery of gravitational waves. But this is not the symbolism and peculiarity of the platform - Waves idea seems revolutionary, but its developers modestly talk about it as a dynamic evolution.

    So what is cryptocurrency and should we invest in it? You will find answers to all questions in this article.

    Waves cryptocurrency

    The Waves platform began its official existence on June 12, 2016, that is, it appeared not so long ago - a little over a year ago. During this relatively short period, Waves managed to go through an ICO, collect 30,000 BTC (at that time about $16 million) and even enter the TOP in terms of capitalization. True, on at the moment the coin is not in the top ten and has moved to 17th place, but this is most likely a temporary phenomenon.

    Waves is not just another cryptocurrency, but a platform that is something similar to a decentralized exchange. On it you can issue cryptocurrencies, transfer and exchange them for other coins and fiat money.

    Today you won’t be surprised by a decentralized exchange, but Waves developers claim that their product is absolutely unique since it took all the best from real and virtual world. This is how the platform turned out, connecting the worlds and giving everyone the opportunity not only to operate with crypto/fiat, but also to create their own coins.

    Already today, Waves is called an alternative to banks, which can easily replace them. Nevertheless, the developers say that they have nothing against banks, they just want to move them into a decentralized blockchain space. In a word, the developers’ plans are global, but the main thing is that they can actually be translated into reality. If you are interested in a blockchain platform that is also focused on implementation in the financial industry, then I advise you to read about Ripple, a cryptocurrency about which I wrote a separate article.

    One of the most high-profile projects that started using the platform is the brainchild of the owner of the Kolionovo farm, Mikhail Shlyapnik. This phenomenon is so unique that I would like to talk about it in a separate line. In fact, this is a clear example when virtual technology in the form of a crypt it is implemented in the real sector of the economy - agriculture. Each unit new currency called "Kolion" is backed by real agricultural goods. In a month of fundraising, the creator of the project managed to collect $510 thousand, and now more than half a million colonies are walking around the world.

    The Waves platform is famous not only for the Hatter’s creation, but thanks to it, other cryptocurrencies have also launched. For example, ZrCoin arose as a result of raising funds from a plant producing synthetic zirconium.

    Features of cryptocurrency

    As I already noted, Waves was born through an ICO, during which they managed to collect a substantial amount of 30 thousand bitcoins ( for a long time the coin was second only to the cryptocurrency Ethereum in box office receipts). This became possible thanks to competent development and an excellent team that previously worked on the NXT project. The main developer of the platform is a certain Alexander Ivanov, who was previously seen creating a service for instant cryptocurrency exchange.

    Today, the pre-sale of tokens will not surprise anyone, but at the time the Waves platform was launched, this topic was not so widespread and significant. Before it, only Ethereum managed to raise more funds, and then only by a couple of million - for some time the coin occupied an honorable second place in terms of volumes of attracted investments. In many ways, these results can be explained by various crowdsale bonuses - depending on when the investor bought the tokens, he could receive from 20% to 5% on top. In total, 100 million tokens were issued, of which 85 million were sold, and the remaining 15 million were left for the needs of the project.

    In general, the coin does not have any special differences from the same Bitcoin; all the basic principles are preserved in it. Global difference concerns cryptocurrency mining, but I will talk about it in the corresponding section of the article.

    There are several wallet options for storing Waves coins, but the main one is Lite Client. The light client is different in that it does not download the entire blockchain to your computer, which means its weight is minimal. The wallet works as a browser extension or can be launched as an HTML file - you can install it on both a PC and an Android device. Directly in this convenient client users can store Waves coin, cryptocurrencies and fiat, but also carry out transactions between crypto and “paper” money.

    Well, the developers prepared bonuses for the first users of the Lite Client - we, unfortunately, have already missed them - from January to February 2017, everyone who installed the client received 1 Waves for free.

    Waves course

    The price history of the Waves coin has been dynamic, like any cryptocurrency there have been ups and downs. The minimum price since entering the cryptocurrency exchange was about $0.17, while the maximum was above $5. Today, the Waves exchange rate to the dollar is $4.70 - there is a period of price growth. However, this is relatively little money; many currencies are much more expensive, although they are less promising. If you look at the fact that the platform has now begun to actively cooperate with businesses and banks, then we should expect a significant increase in the price of Waves very soon.

    Where to buy Waves? The coin cannot yet be found on most major exchanges, but it is available on Bittrex, Yobit.net, Eksmo, Livecoin and other less popular sites.

    Waves mining

    The system is based on the LPoS algorithm, something similar to proof of stake, but with some modification. The essence of mining comes down to the fact that not all participants can carry it out, but only node owners. To maintain a node, you need to own 10,000 Waves, which, you see, is a lot. At the same time, it is not necessary to have all the coins - some part can be rented from other users, and they will receive interest from mining (and the coins will remain in the owners’ wallets).

    If you are interested in the question of how to mine Waves, then the answer is practically nothing. Waves does not have a mining option like other cryptocurrencies, in which you can download software, buy a video card and mint coins. Software Only node owners have access to mine coins and access to it is closed to mere mortals. All we can do is rent out our coins to nodes and receive dividends from them.

    Waves is a young cryptocurrency and a unique platform that has already established itself in the market. The peculiarity of this new product is that it offers an innovative solution for business and financial institutions that will blur the line between the virtual and real world. Already today, many experts are saying that the crypto platform can firmly enter our lives and, judging by the striking examples that I described in this article, this process has already started. Therefore, I advise you to add the coin to your cryptocurrency portfolio; its progressive growth is expected, on which you can make very good money. Well, the fact that the coin is quite young suggests investment in it both short-term and long-term.

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    Waves is one of the most popular but at the same time young cryptocurrencies, which is a special blockchain platform for smart contracts that issues its coins for crowdfunding. In this article I will tell you everything you need to know about the Waves cryptocurrency, including its rate, mining methods and places where you can buy it.

    Description and features of Waves cryptocurrency

    The Waves project is a decentralized token exchange platform supporting color coin technology. “Colored coins” are assets that can be created by any of the system participants. For example, this could be participation in a joint financing project or an analogue of shares in an enterprise. The user will also be able to create his own game token, event ticket, or even an analogue of fiat currency. In concept, this is reminiscent of the already well-known NXT platform. However, Waves is distinguished by the presence of a developed scripting language, which already creates common points of contact with Ethereum.

    "Light client" is plugin for Chrome browser . The developers promise that you will be able to launch your own project co-financing company directly from your browser, as well as use decentralized markets. Assets created by users will be available for trading on the project’s own exchange. There is a lot in common with Kickstarter, while a share in the project can be obtained in a digital, crypto-protected form, with the possibility of transferring or selling it to other users. Exchange trading is anonymous (just like on a regular exchange, traders anonymously place orders “in the order book”).

    Waves at the time of release

    At the same time, the creators of Waves promise that trading shares and similar financial instruments using the platform will not cause claims from regulatory authorities. Supporting assets linked to fiat currencies is already reminiscent of Ripple. Although it is expected that it will also be linked to assets denominated in cryptocurrency. Thus, users receive a decentralized platform for:

    • Trade in various goods;
    • Joint financing of projects;
    • Exchange speculation in assets, fiat money and cryptocurrencies.

    Messaging between participants and voting will also be decentralized. The implementation of new functions is expected through plugins, which allows you to get away from the practice of creating “hard forks”. User reputation is implemented through the “karma” system, which takes into account user reviews, number of transactions and other blockchain activity.

    Waves rate for 2017 (Graph)

    In 2017, the Waves cryptocurrency began to grow in price; by June 5, its value was 0.00269 BTC (or if in rubles - 390 rubles for 1 WAVES). Now (08/13/2017) the cost of 1 WAVES is 0.00118 BTC (or if in rubles - 295 rubles). Here is a graph of her growth:

    How to mine Waves cryptocurrency

    Unfortunately, you cannot mine Waves in the same way as Bitcoins. In total, the company issued 100 million coins, which were sold out back in 2016. Now the only way to get Waves coins is to purchase them on the exchange.

    Where to buy Waves cryptocurrency

    Personally, I recommend that you buy Waves cryptocurrency on the YoBit exchange, since I trade there myself. It is worth noting that this exchange is completely legal and you can buy any cryptocurrency on it. To register on YoBit, follow this

    Among the cryptocurrencies that are lately are increasingly attracting the attention of investors, there is one rather curious one, and its name is Waves. In order to understand whether it has prospects in 2018, it is necessary to consider in detail all aspects of its existence.

    Why Waves is interesting

    Waves Platform (which means “waves”) emerged in 2016, and through investors, in a fairly short time, was able to attract more than $16 million in investments. First of all, Waves attracts attention from the point of view of its ICO capabilities. It is within the framework of this technology that interested parties can use various types currencies (including fiat), which interact on the basis of a decentralized platform.

    It is the closest analogue, and at the same time, a competitor to Ethereum.

    A few words about Waves

    When getting acquainted with cryptocurrency, the first thing a potential investor comes across is a website that, for some reason, is translated exclusively into English and Chinese. Of course, when comparing mass market shares, Russia is inferior, but if the project is domestic, then why not make it understandable to the Russian-speaking audience?! However, as an informant, there is a page on VK that provides users with news.

    Speaking about the very moment of its emergence, it is worth noting that the imperfection of the Ethereum protocol became an accomplice. When launching an ICO on its platform, users risk problems with transaction processing speed. Several cases in which creators had to deliberately extend the time frame for users to gain access to purchases have created a negative image around Ether. As you might guess, it was by taking advantage of this situation that Waves quickly entered the market.

    The solution was to create our own platform, which can offer its users excellent prospects from the very beginning of its existence. These include:

    • — the ability to create tokens (the commission will be about $4);
    • — the presence of settings that allow you to create variability in tokens and customize them for specific purposes;
    • — the ability to create smart contracts of various configurations;
    • — the platform accepts dollars and euros as payment (it turns out that if it is necessary to receive a token, the user no longer has to perform a lot of actions to purchase one cryptocurrency, transfer it to another, etc.).

      Waves has not been spared by the hype surrounding making money on cryptocurrency. Within this platform, opportunities to receive rewards are available to those wishing to rent out their tokens.


    Waves Exchange

    Another interesting point that attracts users from the first minute of cooperation with Waves is the presence of its own exchange. The exchange has been actively operating for more than a year, and allows you to engage in sales without going beyond its borders. The name of the exchange is DEX. Within its walls you can:

      • — exchange cryptocurrencies;
      • — purchase tokens;
      • — sell cryptocurrency, tokens, etc.

    This turns out to be a full-fledged decentralized exchange point, operating under the full control and protection of Waves.

    The exchange itself is also well-quoted and attracts the attention of users, regardless of cryptocurrency preferences. The move to popularize it has become one of the fundamental factors in the success of the cryptocurrency itself. The Waves cryptocurrency itself is included in all popular exchanges.

    About the creator

    Speaking about Waves and its future prospects, it is impossible to ignore the creator, who is Alexander Ivanov. He has experience in programming, creating platforms for brokers and a whole mountain of skills in other areas. Studying the entire list of his professional activities, trading is especially interesting. It is no secret that most brokers in Russia are typical “kitchens” (companies that make money by substituting true price values ​​for their own profit). Their actions are not regulated by law, and even the largest players have been caught in fraud more than once, let alone the smaller fry. The very touch of blockchain in the world of trading is alarming, but there is no direct evidence indicating Mr. Ivanov’s support for brokers’ machinations.

    It is also impossible not to note the fact that Alexander Ivanov himself actively presents Waves everywhere. From various press conferences to interviews with TV channels, he always openly engages in dialogue, answering questions with obvious pleasure and talking about the benefits of his “waves.”

    About goals

    Waves has big plans, which Alexander Ivanov is happy to share. Thus, according to the creator, his brainchild can create an active base for attracting investments specifically in Russia. Under the main advantage, stand out excellent conditions for carrying out mining activities. Thus, a country can provide:

      • — low, compared to other countries, cost of electricity;
      • - large space;
      • - loyal attitude, etc.

    Thus, the Waves project is truly developing the culture of cryptocurrency in the country, for which it already deserves respect.

    Prospects

    Waves' prospects are based on an excellent platform that has already proven its effectiveness for conducting ICOs. One of the popular projects that was launched on the basis of Waves was MobileGO. Unlike the broadcast, all starts took place and are taking place without any problems.

    In the summer, the auditing company Deloitte entered into mutually beneficial agreements with Waves, thanks to which a course was set for the active promotion of the latter on Russian market. The goals and objectives were to create a base and support the ICO. The advantage of the project was the mass of opportunities, since earlier thanks to this cooperation it became possible to create a legal field for ICO.

    Yes, there is an alternative, in the form of ether, however, as noted earlier, As a base for ICOs, Waves wins significantly. In addition, this relatively young company has a sufficient number of examples of its successful implementation, which leaves no doubt.

    At the time of writing the forecast, official sources reported that Waves, with the support of Deloitte, are actively developing legal forms for conducting an ICO (we are talking about taxation, accounting, audits of activities and other regulatory measures). The main work is in full swing in the financial paradise - Switzerland, which is currently the most loyal country to ICO projects.

    So simple the Waves way will be able to occupy a huge field of activity. Legal support is absolutely necessary, and within the framework of the main activity of the platform, it will allow you to work in the field of law. This will significantly expand the market, since the transition to blockchain technology for most is accompanied by fears based on the lack of clear regulation by law.

    Prospects are also fueled by the active promotion of the project. Wherever its representatives did not have time to shine. Thanks to their active work, Waves can with a clear conscience be called one of the most open projects. Representatives emphasize that they are ready for dialogue and will be happy to answer all your questions. However, the company's activities did not go unnoticed. Thus, on December 6, 2017, Alexander Ivanov was presented with an award from RBC-2017 in the “startup” category.

    Now the price is actively growing, and the reason for this was the announcements about the release new version DEX. The launch itself is scheduled for December 13. Additionally, the situation is fueled by the upcoming release of the algorithm update, scheduled for December 20.

    The active growth of Waves allows us to expand the boundaries of our work. So, the latest achievement was entering the stock exchange South Korea, which can be considered an excellent achievement for such a young coin.

    Reasons for growth in 2018

    In fact, Waves today has absolutely everything to continue to actively develop, delighting coin holders with new price horizons. The basics that reveal the attractiveness of “waves” in 2018 include:

      • — great interest in the site as a starter for projects, which brings good funding;
      • — maintaining the main advantages of blockchain technology and the original idea of ​​​​cryptocurrency, in the form of anonymity, low commissions and transaction speed;
      • - opportunity quick exchange cryptocurrencies, as well as their fiat counterparts, without leaving the platform, on the basis of our own exchange;
      • — active development of the legal sphere and permanent job to improve performance.

    In the current position of the coin, it is indeed quite difficult to find that fly in the ointment that could spoil the overall appearance.

    Another point to note is active work to create security for users. It is planned to introduce a customer trust system, which, according to the developers, will be somewhat similar to the levels of WebMoney wallets. Thanks to upcoming innovations, the system will be able to guarantee peace of mind to its customers.

    Forecast for 2018

    Accumulating all of the above, all that remains is to summarize that if Waves developers maintain an up-to-date approach to doing business, excellent prospects open up for it.

    Opinions differ greatly regarding the maximum growth. The average minimum predicted for “waves” in 2018 is $30-35. Considering the active development, the obvious interest in the project of various exchanges, a lot of prospects, a significant increase to this amount suggests itself.

    At the time of writing the forecast, the current position of Waves looked like this:

    Autumn passed for him in a prolonged flat after the release of summer news regarding the start of development of software legal basis. It is noteworthy that a study of the forums showed that a certain percentage of users decided to say goodbye to their assets, and this happened right on the eve of a truly festive December for cryptocurrency. Active growth is associated with the beginning of vigorous activity in launching projects.

    In a larger perspective, the current situation looks like this:

    The price, having significant support, is actively moving in a fairly stable ascending channel. By the way, at the time of writing the forecast, finding the price near the support line demonstrated a good moment to enter the market.

    Analysts predict a bright future for the “waves”, behind which there are significant differences from analogues, its own exchange, and the active work of the development team to create support in all areas, including legal ones. Recommended for long-term purchase.

    Thus, studying Waves indicates good prospects for cryptocurrency in 2018.

    A fairly young cryptocurrency, WAVES, is gaining popularity in the cryptocurrency community. WAVES is a blockchain platform for issuing cryptographic tokens and running crowdfunding campaigns. Currently, the cryptocurrency ranks 13th in terms of capitalization. The total capitalization is more than 400 million dollars.

    Well, now in more detail and in order:

    The WAVES platform was created in 2016 by entrepreneur Alexander Ivanov. The platform was written from the NXT project - a blockchain infrastructure with the ability to issue cryptographic tokens. During the crowdfunding campaign WAVES managed to attract about 30,000 bitcoins. In dollars this amounted to 15 million at that time.

    The basis for the functioning of the platform is the LPoS consensus (a modification of the Proof-of-stake consensus). How does LPoS consensus work? Users can transfer their balances to full nodes on a rental basis in exchange for a portion of the profits from mining (Account leasing). The lessor can return his funds at any time. Block generation is carried out by users selected based on the balance of the WAVES token. Only full nodes can mine tokens within the platform. The rest, ordinary users of the system, can only transfer their balances to them for mining. They do not participate in the mining process itself. A limited number of full nodes - about 100 units - ensures the creation of blocks in the chain within 10 seconds.

    To ensure the immutability of the chain of blocks that form the basis for operations with tokens, classical encryption is used with public key, just like in the Bitcoin system. As long as the owner of the tokens retains full control over the key, he also retains full control over the tokens and the right to dispose of them at his own discretion. If the public key becomes known to attackers, they can do anything with your balance. WAVES tokens are freely convertible into fiat currency, cryptocurrency, and other tokens.

    Now let's understand what a crowdfunding company is.

    Let's assume that you need to finance your project with third parties. Using the WAVES platform you issue cryptographic tokens. This process of issuing tokens for a campaign is called an Initial Coin Offering (ICO). A potential investor can purchase project tokens in any convenient currency: US dollars, Euros, bitcoins, etc. By purchasing this token, an investor has the right to donate, resell, or exchange it for a token of another project right there on the WAVES platform.

    The actual value is assigned to the token through its integration into the application. As long as the application has some value, the token associated with it also has value. The real value of the token is determined during trading on the open market, which is formed naturally. - Wikipedia.

    To access the WAVES functionality, just install “ light client» (Lite Client), which will only store data about your own assets and does not download the full WAVES blockchain.

    That's all you need to know about this platform. I was interested in this platform because it is gaining momentum very quickly. To some extent it can be compared with Ether, both in terms of technical parameters, and in terms of development dynamics. When major cryptocurrencies were rising in price on the cryptocurrency market, WAVES made a jump from 50 cents to $6.5. At the moment, the price of WAVES is set at $4.

    I would also like to note the trend of the emergence of platforms, and not just cryptocurrencies. Platforms have much greater potential.

    This review is dedicated to a relatively young, but promising and ambitious cryptocurrency - waves(note: from English waves)! It has a number of advantages that clearly distinguish it from many new and old crypto assets. In addition to commercial speculative value, it can be used for other useful practical purposes, which will be discussed below. Cryptocurrency waves not just a coin - it is a full-fledged blockchain platform that allows you to create, transfer, and exchange various assets using digital technologies.

    So, the platform was created in March 2016 by Russian entrepreneur Alexander Ivanov, written from the popular project NXT. Like many modern crypto projects, it entered the market thanks to ico crowdfunding. The WAVES team managed to attract about 30,000 bitcoins.

    Waves official website: wavesplatform.com
    Wallet: WavesLiteApp browser app

    Even at the inception of the Waves resource itself, its team collaborated with the large crypto wallet service Mycelium. Its director (A. Kuzmin) acted as a guarantor at the crowdfunding stage. Transactions use the Mycelium electronic wallet, making coin distribution easier and faster. The following agreement was concluded with the Australian company BitScan Pty.Ltd. The document concerns the development of the Incent network. The essence of this is that each user himself sets the amount of commission when making a Waves transfer. The main goal of the project is to minimize commission costs when conducting international transactions using digital and fiat means. Also cryptocurrency waves collaborates with the American BioViva, which is researching the possibilities of slowing down the aging process of the human body.

    It operates due to the updated Proof-of-stake model - LPoS. New model is notable for the fact that users of the “wave” network can give their coins to full nodes on a rental basis in exchange for a portion of the mining profits. However, you retain the right to return your funds at any time. At the time of publication of this material (see date), the altcoin’s capitalization was $210,457,000, and the market value was $2.

    Waves mining is not for everyone!

    As for mining the new crypto coin, the creators are forced to disappoint traditional miners. Block generation is carried out only by users selected by the token balance (i.e., full GNOs can mine within the platform). The rest of the network participants can only transfer their crypto coins to them for mining. They do not participate in the mining process itself. The number of full nodes is limited to 100 units, which ensures that a block is in the chain within 10 seconds. In order to ensure the immutability of the block chain, the classical public key encryption method is used (as in Bitcoin). If the owner retains full control of the key, this provides complete control over the available tokens and the right to dispose of them.

    Cryptocurrency wave prospects

    Now about those practical advantages that promise development prospects:

    • First of all, the waves cryptocurrency allows system participants to issue their own assets, trade on a decentralized platform, or exchange with others. The team is establishing work with regulatory authorities so that it can operate freely in a number of countries. The waves token blockchain also includes basic digital money as assets, which allows for decentralized trading based on bitcoin. And this is important for future crypto projects that want to launch their own crowdfunding.
    • The developers of waves have implemented plans for self-organization of communities, the potential for communication, including with the administration of the service.
    • The next advantage is the availability of plugins. This expands the functionality of the platform and contributes to overall optimization.

    Where to buy waves? Investments and trading on exchanges

    Let's start with statistics and a graph of price movement after entering trading platforms:

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