Launched in 2016, 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 the 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.
What Is Waves?
Waves is a community-based stack of decentralized open-source technologies to build scalable, user-friendly apps. WAVES is a product in the ecosystem of Waves Blockchain Platform, including Waves DEX (Waves Decentralized Exchange), Waves Wallet, Waves Keeper, Waves Labs. $Waves coin is the coin used in the ecosystem and a tool to pay for all dapps, apps built by developers.
How Does It Work?
Before getting into how Waves works, let’s learn a little bit about the Waves ecosystem. Waves Blockchain Platform, including: Waves DEX (Waves Decentralized Exchange), Waves Wallet, Waves Keeper, Waves Labs.
Waves DEX
Similar to major exchanges like Coinbase and Binance, Waves Exchange can also be accessed via Android and iOS apps that provide the full range of digital asset management features. like other DEX Waves also have features: Trading, pools (staking/boosting), Investment with many attractive interest rates.
In addition to supporting transactions in BTC, Waves uses Neutrino Dollar(USDN) which is an algorithmic stablecoin collateralized by Waves original Token. Price stability is supported by market makers at a ratio of 1 USDN: 1 USD. Unlike centralized fiat-collateralized stablecoins, USD-N is issued by a smart contract.
Waves Wallet
Waves Keeper
Waves Keeper is a browser extension that allows secure interaction with Waves-enabled web services.
Seed phrases and private keys are encrypted and stored within the extension and cannot be accessed by online dApps and services, making sure that users’ funds are protected from hackers and malicious websites. Completion of a transaction doesn’t require entering any sensitive information.
DEX is also a place where you can store assets just like other exchanges.
WavesFX
WavesFX is an open source and cross-platform desktop wallet for the Waves protocol.
WavesFX Features:
Multi-Address Accounts
Multi-Address Accounts
Move Multiple Assets At Once
Multi-Network Support
Offline Mode / Transaction Signer
Offline Mode / Transaction Signer
Enno Wallet
A mobile app with built-in cryptocurrency exchange and DeFi features.
DeFi
Neutrino (opens new window): an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities. Neutrino TVL surpassed $1 billion.
Waves Signer: a TypeScript/JavaScript library that implements the interface for the signature provider library and enables signing and sending transactions on behalf of a user in any browser.
Gravity (opens new window): a blockchain-agnostic oracle system that supports communication of blockchains with the outside world, cross-chain communication, and sidechains within a single unified structure.
Outstanding Features
SIMPLE
Waves enable a world of NFTs, DAOs, and other new business models.
SCALABLE
Waves deliver extremely fast experiences with extremely low costs.
ECO-FRIENDLY
Waves aspire to make the most of blockchain, with a minimal carbon footprint.
OPEN
Waves bridges to other ecosystems for easy interoperability
