There are three things that make Waves a unique blockchain ecosystem – it functions as a decentralized exchange or DEX, token launch platform, and cryptocurrency. The blockchain allows users to build a loyalty rewards campaign, raise money to fund projects, and create a custom in-app currency or token.
MoreThere are two node types found in the Waves blockchain: lightweight nodes for transaction interactions and confirmation within the network and full nodes for transactions history. Waves utilizes LPoS or leased proof-of-stake, which is a type of PoS consensus mechanism.
MoreUsers can create their own custom tokens. However, if you want to purchase Wave tokens, you can buy it via crypto exchange networks like Coinmerce. All you need to do is create an account on Coinmerce, choose your preferred payment option – credit card or other methods, and purchase the token.
MoreYou want to buy Waves? You can buy Waves using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Waves, use the search function to search for Waves and click on the name. You can indicate for how many euros you want to buy Waves in the right window. Below is shown how much Waves you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Waves when the price of Waves reaches your entered value. You can also execute a repeating order. Do you want to buy Waves with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Waves.
It was in April 2016 when the Waves blockchain was founded by Alexander Ivanov, a Russian entrepreneur. Two months later, in June, the project was introduced to the public and the market through an Initial Coin Offering (ICO) that gave them $16 million. Ivanov’s team is considered largely responsible for the successful ICO as many of them worked together in the NXT blockchain project. One year later, in 2017, the platform integrated Lite Client, a dollar payment gateway that allows Waves users to pay for account replenishment using US dollars. One of the most interesting aspects of Waves is its function that gives users the option to distribute crypto tokens and organize support through crowdfunding. Using the Waves platform is easy; all users need is the Chrome application and they can start interacting with the ecosystem. They can also choose to download the app straight into their computer.