Waves Crypto Price Prediction, Value and Chart (WAVES)

Waves (WAVES) Frequently Asked Questions

What is Waves?

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain, with a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible. Launched in 2016, Waves has since released numerous successful blockchain-based solutions and has steadily developed into a rich and constantly-growing technological platform. Waves’ technology is designed to address the needs of developers and companies that want to leverage the properties of blockchain systems – including their security, auditability, verifiability and the trustless execution of transactions and business logic. Waves Platform provides everything required to support the backend of Web 3.0 services. In 2017, Waves successfully launched its mainnet with LPoS, pioneer decentralised exchange DEX and later the Waves-NG protocol. In 2018, the Waves development team delivered the first implementation of smart contracts. This was followed by the release of the RIDE programming language in 2019, a simple and powerful language for programming logic. Moreover, in June 2019 the mainnet of Waves Enterprise, a global private blockchain solution, was launched. All of this is complemented with a broad infrastructure: an IDE for sandbox development, tools, SDKs, libraries, frameworks and protocols for convenient and easy integrations. (Description provided by CryptoCompare)

How do I buy Waves?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Waves.

What do investment analysts think about Waves?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Waves an overall rating of "D+", a technology and adoption rating of "D", and a market performance rating of "C+".

What technology is included in Waves?

Waves is the first production system being built on top of the Scorex framework Extensible solution: In order to fix the need for a mandatory hard fork when creating a new type of transaction on the NXT Platform (forcing network client software updates) WAVES offers plug-ins that are not included in the core software module, but are instead installed as an extension on top of it.   (Information provided by CryptoCompare)

Where can I get Waves wallet?

Waves produces its own wallet software that is available for download on its website, which allows you to store Waves on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Waves?

One Waves (WAVES) is currently worth $6.52 on major cryptocurrency exchanges. You can also exchange one Waves for 0.00030590 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Waves in U.S. dollars is $708.08 million.

What hashing algorithm does Waves use?

Waves is a LPoS coin that uses the Proof of Stake algorithm.

What coins are similar to Waves?

The following coins use the same hashing algorithm (Proof of Stake) as Waves: Qtum, BitBay, Lisk, WhiteCoin, Sentinel Protocol, Radium, DubaiCoin, Neblio, Nxt, Blocknet, TransferCoin, BlackCoin, NuShares, Energycoin and Global Currency Reserve.

What is the Reddit page for Waves?

The official Reddit community (subreddit) for Waves is r/Wavesplatform.