Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions.
Waves.tech is an all-encompassing ecosystem of innovative technologies advancing technological frontiers for the pioneering developers of tomorrow and adopting them for every-day practical implementation. Leveraging the three practical and powerful blockchain protocols, Waves.tech provides both developer-friendly infrastructure as an experimental ground for innovation and ready-to use tools and products demanded here and now. Waves price is something that is on the watchlist of many traders.
Issuing your own token on the Waves blockchain is a piece of cake. The token is available for transfers and trading immediately: that’s perfect for crowdfunding and ICO.
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.
Leased Proof of Stake
Waves 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.
Let us review WAVES price.
WAVES/USD – Price Prediction
WAVES is currently trading above the support zone of $18.51. If it can close above this zone, we could start seeing a move towards $22.87, $29.86, $41.18 and $52.49. Failure to hold the support at $18.51 could lead to a drop towards $17.21, $15.88, $14.42 and $11.44.
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