Waves (WAVES) Price

Info

Contract Address

ETH 0x1cf4592ebffd730c7dc92c1bdffdfc3b9efcf29a

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About Waves (WAVES) 

Waves is a global open-source platform for decentralized applications. Based on proof-of-stake consensus, Waves aspires to make the most of blockchain, with minimal carbon footprint.

Waves technology stack can benefit in any use cases that demand security and decentralization — open finance, personal identification, gaming, sensitive data and many others.

Waves offers a unique approach to decentralized application development: by avoiding gas and non-Turing-complete language we keep the system secure and predictable. For smart contract creation, Waves provides its native language called Ride. Its straightforward and developer-friendly syntax makes blockchain development easy and intuitive.

aves is based on a Proof of Stake consensus algorithm. Each participant's chance to generate the next block is proportional to their economic stake in the network. Unlike Proof-of-Work, Proof-of-Stake is hardware-savvy and power-savvy, making attacks profitless for miners.

Users can lease their WAVES to a Waves node and get a part of the node payout as a reward, preserving full control over their WAVES under their accounts.

The Waves-NG protocol boosts blockchain performance to hundreds of transactions per second by using “liquid” blocks that grow continuously until the next block is created. It usually takes about 2 seconds to add a transaction to the block, which contributes to user experience of your apps.