Waves (WAVES)
Waves (WAVES) is a blockchain platform that was created to make it easier for users to launch and trade their own digital assets. The platform was launched in 2016 by Alexander Ivanov and is designed to be user-friendly and accessible to anyone, from individuals to businesses.
Unlike other blockchain platforms, Waves focuses on speed and scalability. It uses a proof of stake consensus algorithm that allows for faster transactions and lower fees than other proof of work systems like Ethereum. The platform also has its own decentralized exchange (DEX) which allows users to trade digital assets without relying on a third-party exchange.
One of the key features of Waves is its ability to issue and trade custom digital assets, known as "tokens", without needing to create a new blockchain. This makes it easy for businesses to launch their own cryptocurrencies or create tokens to represent physical assets like real estate or commodities.
Overall, Waves aims to be a platform for widespread adoption of blockchain technology, by providing individuals and businesses an easy way to create, trade, and manage digital assets.