Waves
WAVES
Crypto
Decentralised Networks
USD 1.43-3.09%
Waves
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2DeFi
Sub-cateegoryn/a
Ecosystem2016
Year of creation
Description
Waves (WAVES) is a Decentralised Networks crypto coin. Waves`s origin block was generated on 2016-04-12. More information can be found at https://waves.tech/.
Key Technical Advantages:
Tokenization: Waves offers a simple way to issue your own token on its blockchain. The issued token is immediately available for transfers and trading, making it ideal for crowdfunding and Initial Coin Offerings (ICOs). Smart Contracts: Waves provides a unique approach to decentralized application development by using a non-Turing-complete language called Ride, which helps keep the system secure and predictable. This approach avoids the use of gas, making blockchain development easy and intuitive. Leased Proof of Stake: Waves operates on a Proof of Stake (PoS) consensus algorithm, where the chance of each participant to generate the next block is proportional to their economic stake in the network. Users can lease their WAVES tokens to a Waves node and receive a portion of the node payout as a reward while retaining full control over their tokens. Performance (Waves-NG Protocol): Waves employs the Waves-NG protocol, which enhances blockchain performance to hundreds of transactions per second by using "liquid" blocks that grow continuously until the next block is created. It typically takes about 2 seconds to add a transaction to a block, improving the user experience of apps built on Waves. Transparency and Community Engagement: The Waves protocol is open-source with its code available on Github. Protocol updates and improvements are discussed by the community on the Waves Enhancement Proposals forum. Activation of new features and changes to rewards are implemented through node voting. Content summarized by AI chatbotSource:
https://docs.waves.tech/en/Key figures
-46.4%1Y
-91.2%3Y
56.0%5Y
Performance
1/ 11D
2/ 11M
4/ 01Y
Highs/ Lows
10.09.2022
USD 54.59
All Time High
2.62%
% of All Time High
-98.57%All Time
-83.77%1 year
Max drawdown
#338
Ranking by Market Cap
165.17 M
Market cap (USD)
0.00%
% of Market
863.508 B
Category Market Cap (USD)
0.02%
% of Category
116506618
Circulating Supply
116506618
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
21234521
Volume Traded
13.25%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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