Waves is a young promising project in the field of digital currencies. Cryptocurrency Waves - a course on how to mine and where to buy

What is Waves?

Start blockchain platform Waves passed at the beginning of 2016. Within a month and a half of the ICO, Waves developers raised $16 million worth of Bitcoin. Now Waves is a blockchain platform for ICO, a decentralized exchange and an internal cryptocurrency of the same name.

Platform Waves allows anyone to issue their own cryptocurrency (tokens).

All commissions within the Waves blockchain are paid internal currency - Waves, or the most popular tokens based on this platform. For example, the cost of issuing tokens on the Waves platform is only 1 Waves (a few dollars at the April 2018 exchange rate).

The platform also includes an internal decentralized exchange DEX Waves where you can directly exchange any tokens for each other, as well as for the most popular cryptocurrencies - Waves, Bitcoin, and some others.

Where to buy Waves cryptocurrency?

You can buy Waves cryptocurrency in the following ways:

1. On cryptocurrency exchanges, for rubles - on the Yobit and EXMO exchanges.
2. In exchangers. Before buying, you need to have a Waves wallet so that there is an address for receiving Waves currency.
3. Inside the Waves Wallet. Payment can be made with a plastic card (from 30 to 200 dollars or euros, the exchange rate is very high). The second way is on the internal DEX exchange for Bitcoin or Ether(eum), but first you need to bring it to your Bitcoin or Ether(eum) wallet.

Where to store Waves? Waves wallet.

After buying Waves, the question arises with its storage. If you bought it on the exchange, then, of course, you can store it on the exchange wallet. However, events periodically occur with exchanges that do not motivate them to keep significant amounts there (from the last major events - the closure of the BTC-e exchange and the loss of part of the funds by clients).

How to install and create a Waves wallet?

There are several options for installing the Waves wallet. It does not matter how the wallet address is created: through a mobile phone application or a full blockchain node - you can access the created wallet using any of the methods listed below.

Waves online wallet.

The easiest way to access your wallet is to open it online.

The same access method will be the most insecure as well. now a large number of fraudulent sites have appeared, outwardly very similar to the official sites of crypto wallets. Always check the name of the site in the browser line, do not go to wallets from unfamiliar sites. The goal of scammers is to get your secret data (password, passphrase, secret key, etc.)

Official website of the online wallet - https://beta.wavesplatform.com

Waves wallet for Google Chrome.

Currently, this extension for the Google Chrome browser is not supported by developers.

Waves app for Android and iOS.

You can download the official Waves wallet apps for Android and iOS from the following links:

https://itunes.apple.com/us/app/waves-wallet/id1233158971?mt=8

https://play.google.com/store/apps/details?id=com.wavesplatform.wallet

It is worth noting that in mobile applications the functionality may be slightly limited.

Waves wallet for desktop: Waves Client and Waves node.

The most optimal option in terms of reliability and convenience will be Waves Client. You can download the latest version of the client from the official website https://wavesplatform.com (there are versions for Windows, Mac OS, Linux).

For developers and owners of 10,000 or more Waves coins, a full node is required (i.e. the entire Waves blockchain will be on your computer). You can download the files from this link:

Github https://github.com/wavesplatform/Waves/releases

Full node installation instructions can be found here:

http://www.waveswiki.org/index.php?title=Tutorials:_How_to_set_up_a_Full_Node

A full Waves node allows you to not only test and develop code, but also "mine" Waves.

How to create a Waves wallet?

The easiest way is to create an online Waves wallet. Go to the site https://beta.wavesplatform.com and click the "Create a new wallet" button:

Create a username and password for your account. These accesses will be relevant only for the device through which you create your wallet. Those. if you create a wallet through a browser, and then decide to log in using a username and password, for example, from a Windows wallet, then nothing will come of it. You will need to restore the wallet from the backup and come up with a username and password for this device. In other words, losing your login and password is not critical if you have a backup (passphrase or SEED phrase - 15 random English words generated at the time the wallet was created). If you lose or do not save these 15 words, you will no longer be able to restore access to your wallet.

If you suddenly missed this step - don't worry: as long as you have access to the wallet, you can always make a backup (i.e. write down the passphrase).

How to make money with Waves Wallet?

There are two passive ways to get Waves coins - Mining and Leasing. Both methods are mutually exclusive.

How to mine Waves cryptocurrency? PoS mining of Waves cryptocurrency.

Waves cryptocurrency mining is based on the principle of PoS - proof of stake- literally translated "proof of share". We will not analyze the features of this type of mining in detail, but below we will briefly analyze this principle using Waves as an example.

Operations within the Waves network can be paid in Waves currency or any tokens issued on the basis of this blockchain platform. In theory. In practice, no one needs unknown coins and the payment of the lion's share of commissions takes place in the Waves currency and several well-known tokens.

Because Blockchain in its essence is a kind of big book with records of all transactions carried out on the network since its inception, it requires constant maintenance and updating. It is this task that the "miners" are jointly engaged in.

In addition, each operation, for example, transferring tokens from wallet to wallet, requires network confirmation (usually several independent nodes - full nodes). For this, full node holders receive a reward - the same commission that we pay when transferring Waves. This is how Waves is mined.

So for that to start mining Waves at least 2 conditions must be met:

• You must have a full Waves blockchain node installed.
• The wallet account must have at least 10,000 coins.

If it is not so difficult to install a full node on a computer, then the second point is not so simple. With an average price of one coin of 5-10 dollars, you need to invest at least 50-100 thousand dollars to start mining. Those. For most coin holders, this mining option is not suitable due to the relatively high entry threshold.

Leasing Waves. How to lease Waves?

Considering that the maximum number of Waves coins is 100 million pieces, and at least 10,000 coins are needed for mining, the maximum number of miners in the whole world can be no more than 10,000. In practice, the coins are distributed extremely evenly: out of more than 250 thousand wallets with a minimum presence of Waves, only 900-1000 of them have enough coins (data from the blockchain here: http://dev.pywaves.org/assets/waves).

Plus, there is a relatively high entry threshold - tens of thousands of dollars. These restrictions led to the fact that small holders of the Waves coin began to unite in pools.

Now you can find a large number of Waves pools and lease your coins to them. Many pools have relatively similar remuneration conditions - pool organizers take only a small part of the income for themselves and accrue income with a certain frequency.

Leasing Waves is very easy - the wallet itself has a coin transfer function. There you can also issue a refund of coins at any time. In fact, the most difficult task will be to find a pool that suits you (you specify the address of the pool when transferring coins for leasing).

Pools (mining / leasing) Waves.

How to create your own cryptocurrency (token) on the Waves platform?

The process of creating a token on Waves (your own cryptocurrency) is very simple and takes a few minutes. The cost of creating your own token is 1 Waves. This is the minimum amount you need to have on your account to create a token. We discussed above how to replenish the Waves wallet.

To create a token, go to the "Issue token" section in your Waves wallet and enter the details of your issue:

Field values:

Name (name of your token)- The name of our token. Minimum 4 characters

Description (description)- description of the token. This field can be left blank

Total Token (total tokens)- volume of output.

Token Decimals (decimals)- a number of simbols after comma. For example, Bitcoin has a value of 8.

Re-issuable (re-issued)- the possibility of re-release. If the checkbox is not checked, then the volume that you are currently releasing will be final and it will be impossible to fix it.

After the fields are filled in, click "Release" and once again confirm the conditions in the pop-up window.

Within a few minutes, on the "Portfolio" tab, you will see the credited tokens.

Waves Official Sites.

https://wavesplatform.com - official website

https://beta.wavesplatform.com - online wallet

http://support.wavesplatform.com - Waves technical support site

http://www.waveswiki.org - Wiki site

http://wavescommunity.com - Waves community site

https://wavestalk.org - project forum

https://t.me/wavesnews
http://twitter.com/wavesplatform
https://www.facebook.com/wavesplatform

This review is dedicated to a relatively young, but promising and ambitious cryptocurrency - waves(note: from English waves)! It has a number of advantages that clearly distinguish it from many new and old crypto assets. In addition to commercial speculative value, it can be used for other useful practical purposes, which will be discussed later. Cryptocurrency Waves not just a coin - it is a full-fledged blockchain platform that allows you to create, transfer, exchange various assets using digital technologies.

So, the platform was created in March 2016 by Russian entrepreneur Alexander Ivanov, written from the popular NXT project. Like many modern crypto projects, it entered the market thanks to ico crowdfunding. The WAVES team managed to raise about 30,000 bitcoins.

Waves official website: wavesplatform.com
Wallet: WavesLiteApp Browser Application

Even at the inception stage of the Waves resource itself, its team collaborated with a major crypto wallet service, Mycelium. Its leader (A. Kuzmin) acted as a guarantor at the stage of crowdfunding. Transactions use the Mycelium electronic wallet, which simplifies and speeds up the distribution of coins. The following agreement was made with the Australian company BitScan Pty.Ltd. The document concerns the development of the Incent network. Whose essence boils down to the fact that each user himself sets the amount of commission when making a transfer waves. The main goal of the project is to minimize commission costs when conducting m / s transactions with digital and fiat funds. Also wave cryptocurrency collaborates with the American BioViva, which is exploring the possibilities of slowing down the aging process of the human body.

It functions due to the updated Proof-of-stake - LPoS model. The new model is notable in that users of the “wave” network can lend their coins to full nodes on a leasehold basis in exchange for a portion of the mining profits. At the same time, the right to return your funds at any time is reserved. At the time of publication of this material (see date), the capitalization of the altcoin was $210,457,000, and the market value was $2.

Waves mining is not for everyone!

As for the mining of a new crypto-coin, the creators are forced to disappoint traditional miners. Blocks are generated only by users selected by the balance of the token (i.e. full GCDs can be mined within the platform). The rest of the network members can only transfer their crypto coins to them for mining. They are not involved in the mining process itself. The number of full nodes is limited to 100 units, which ensures that the block is in the chain within 10 seconds. In order to ensure the immutability of the block chain, the classic public key encryption method (as in bitcoin) is used. If the owner retains full control over the key, this provides full control over the available tokens and the right to dispose of them.

Cryptocurrency outlook wave

Now about those practical advantages that promise development prospects:

• First of all, the waves cryptocurrency allows system participants to issue their own assets, trade on a decentralized platform or exchange with others. The team is working with regulators to be able to work freely in a number of countries. In the waves token blockchain, the main digital money is also represented as an asset, which allows for decentralized trading based on bitcoin. And this is important for future crypto projects that want to launch their own crowdfunding.
• Waves developers have implemented plans for self-organization of communities, the potential for communication, including with the administration of the service.
• The next advantage is the availability of plugins. This expands the functionality of the platform, contributes to overall optimization.

Where to buy waves? Investments and trading on stock exchanges

Let's start with the statistics and chart of the price movement after entering the trading floors:

The Waves project is a decentralized token exchange platform with support for “colored coins” technology. "Colored coins" (colored coins) are called assets that can be created by any of the participants in the system. For example, it may be participation in a joint financing project or an analogue of an enterprise's share.

Also, the user can create his own game token, a ticket to an event, or even an analogue of fiat currency. According to its idea, this resembles the already known one. However, Waves is distinguished by the presence of a developed scripting language, which already creates common points of contact with Ethereum.

Material navigation:

Waves exchange rate to the ruble and US dollar (online)

The current Waves exchange rate against the ruble and US dollar, trading volume and Waves token price dynamics chart:

Project concept

Calling Waves the next digital currency would most likely be wrong. The team presents its development as having a certain functionality. This is a kind of platform based on blockchain technology, decentralized and “sharpened” for transactions with user tokens. It supports fundraising, crowdfunding campaigns and the purchase/sale of financial instruments, with all operations carried out through a distributed database.

When the team was just working on the idea (and the team, as we have already noted, has solid experience in this area), among other issues, the task of preventing a number of shortcomings inherent in already existing crowdfunding solutions was also solved. This meant the volatility of tokens and the lack of options when it comes to ways to raise funds. As a result, the new project allows users to attract investments in their developments both in bitcoins and in the currencies we are used to (dollar and euro), and, of course, in Waves tokens.

The platform concept allows users to create tokens and determine their value. This innovation is especially important for the development of ideas based on crowdfunding. In addition, when making payments in one currency, and the addressee's account is opened in another, thanks to the innovation from Waves, problems with commissions will be greatly simplified.

And another direction of the platform that is interesting for many is services for exchanging cryptocurrencies for fiat money with low commissions.

"Light client" is a plugin for the Chrome browser. The developers promise that right from the browser it will be possible to launch your own project co-financing company, as well as use decentralized markets. Assets created by users will be available for trading on the project's own exchange.

There is a lot in common with Kickstarter, while a share in the project can be obtained in a digital, crypto-protected form, with the possibility of transferring it or selling it to other users. At the same time, exchange trading is anonymous (just like on a regular exchange, traders anonymously place orders “in a glass”).

At the same time, the creators of Waves promise that trading in shares and similar financial instruments using the platform will not cause claims from regulatory authorities. Support for assets linked to fiat currencies is already reminiscent of. Although it is expected to be tied to assets denominated in cryptocurrency.

Thus, users get a decentralized platform for:

• Trade in various goods;

• Joint financing of projects;

• Exchange speculation in assets, fiat money and cryptocurrencies.

Messaging between participants and voting will also be decentralized. The implementation of new features is expected through plugins, which allows you to get away from the practice of creating "hard forks". The reputation of users is implemented through a “karma” system that takes into account user reviews, the number of transactions, and other blockchain activity.

History of the WAVES Blockchain

The platform was created in March 2016 by Russian entrepreneur Alexander Ivanov, based on the popular NXT project. Like many modern crypto projects, it entered the market thanks to . The WAVES team managed to raise about 30,000 bitcoins.

Even at the stage of the birth of the Waves resource itself, its team collaborated with the major crypto-wallet service Mycelium. Its leader (A. Kuzmin) acted as a guarantor at the stage of crowdfunding. Transactions use the Mycelium electronic wallet, which simplifies and speeds up the distribution of coins.

The following agreement was made with the Australian company BitScan Pty.Ltd. The document concerns the development of the Incent network. Whose essence boils down to the fact that each user himself sets the amount of commission when making a transfer waves. The main goal of the project is to minimize commission costs when conducting m / s transactions with digital and fiat funds. Also wave cryptocurrency collaborates with the American BioViva, which is exploring the possibilities of slowing down the aging process of the human body.

It functions due to the updated Proof-of-stake - LPoS model. The new model is notable in that users of the “wave” network can lend their coins to full nodes on a leasehold basis in exchange for a portion of the mining profits. At the same time, the right to return your funds at any time is reserved. At the time of publication of this material (see date), the capitalization of the altcoin was $210,457,000, and the market value was $2.

Platform manifest

The creators of the Waves resource outlined their vision of the modern financial world and the interaction of its various branches in a kind of 7-point manifesto.

They pay special attention to the decentralization of services and interaction with financial institutions, especially banks:

1. In the first paragraph of their appeal, the authors of the project emphasize that they did not try to fill a niche for cryptocurrency fans, but created a product worthy of becoming the main product of the future.
2. Further, we are talking about the fact that developers have nothing against banks and do not want to confront them. Their main task is to make banks work for society, to become more open to new technologies.
3. Mass introduction of blockchain technologies is possible only with decentralization. The main goal of the project is to take the crypto mainstream.
4. The authors also emphasize that it is wrong to perceive blockchain technology in terms of money, it is rather a business relationship, equal and transparent.
5. The created platform focuses on crowdfunding projects and, according to the developers, should become the final destination for processing open projects.
6. The Waves service does not issue a new currency, it presents new opportunities for existing ones.
7. And, finally, the team is sure that interaction with existing financial institutions is simply necessary, as this is the way to change and improve them. At the same time, we are not talking about revolutionary, but about rapid evolutionary changes.

Here is such an appeal. Agree, quite ambitious. However, time will tell how true the words will be.

Risks in the model

Having a number of advantages, this platform was not without some risks, however, like any other resource in this area.

These risks can be divided into 3 groups:

1. The first is technical risks like bugs, which, in general, are present in almost any computer program, but in our case they cause a drop in the value of tokens, which is not very cool. This type of risk is inherent in the model itself.
2. The second group is associated with such a widespread phenomenon on the Internet as fraud. Eliminate these risks completely, unfortunately, impossible. But it can be completely reduced if you apply the KYC assessment system to projects hosted on the resource. True, it should be noted that there are practically no successful attempts of fraud in relation to investors in cryptocurrency projects, because they trust their money only to those people who have earned a positive reputation and have long been known in their environment.
3. And the third group is legal risks. Here, in order not to get into trouble, it is necessary to competently approach the assessment of the model and find out how it complies with the laws of a particular country. Sometimes you have to choose countries with more loyal jurisdiction.

Mining coins

As for the mining of a new crypto-coin, the creators are forced to disappoint traditional miners. Blocks are generated only by users selected by the balance of the token (i.e. full GCDs can be mined within the platform). The rest of the network members can only transfer their crypto coins to them for mining. They are not involved in the mining process itself. The number of full nodes is limited to 100 units, which ensures that the block is in the chain within 10 seconds.

In order to ensure the immutability of the block chain, the classic public key encryption method (as in bitcoin) is used. If the owner retains full control over the key, this provides full control over the available tokens and the right to dispose of them.

Waves wallet - how to create and use?

To store Waves tokens, participate in multicurrency trading on the DEX decentralized exchange, and use other project features, you need to create a wallet. There are two wallet options - full, with blockchain support (mining capability) and Lite Client. guaranteeing real benefits from this for both you and the blockchain system. Let's stop on Lite Client. There are two options for using the wallet - a browser-based online client or installing an application on a computer.

To start using the browser version, you need:

1. go to the official Waves website - wavesplatform.com;
2. go to the “Product” tab;
3. select the “Online Client” option;
4. after reading the warning about the danger of losing control of the wallet in case of loss of the key from randomly generated words (SEED), you must click “I UNDERSTAND”;
5. fill in the name, password and copy the SEED (a series of words generated by the program) to a safe place, then click “REGISTER” - the Lite Client wallet has been created.

Video instruction on registering a Waves wallet and working in it:

Development prospects

Unlike some cryptocurrency projects, most mentions of Waves do not contain loud promises, but a description of the successes achieved. In addition to the usual tendencies for such projects to link fiat money and cryptocurrencies, the creators see Waves prospects in the further integration of cryptocurrencies into real life - the economy, politics, investment projects, etc. Another undoubted advantage of Russian developers is a lightweight multicurrency wallet with a friendly interface.

Now about those practical advantages that promise development prospects:

• First of all, the waves cryptocurrency allows system participants to issue their own assets, trade on a decentralized platform or exchange with others. The team is working with regulators to be able to work freely in a number of countries. In the waves token blockchain, the main digital money is also represented as an asset, which allows for decentralized trading based on bitcoin. And this is important for future crypto projects that want to launch their own crowdfunding.
• Waves developers have implemented plans for self-organization of communities, the potential for communication, including with the administration of the service.
• The next advantage is the availability of plugins. This expands the functionality of the platform, contributes to overall optimization.

You can buy Waves cryptocurrency for BTC (Bitcoin) on one of the cryptocurrency exchanges. The most famous of them is Bittrex. To see the balance of supply / demand and the current rate of the Waves cryptocurrency opposite “BITCOIN MARKETS”, you need to enter “waves” and click on the “BTC-WAVES” line that appears.

You can also buy Waves on the YoBit exchange. To register on YoBit go to

If everyone has already figured out the blockchain and bitcoin. Or at least aware to one degree or another, then there is not so much information on alternative coins. We will try to understand the essence of the Russian development of Alexander Ivanov - the Waves platform. Is it worth investing in it, what are the risks and is this investment safe?

Brief information:
blockchain- decentralized database technology, such a database consists of blocks. Each block is a set of records, transactions. Blocks are verified by random machines - miners. Signed, verified blocks cannot be changed. This is a reliable database, a copy of which is stored on each machine participating in the system.

bitcoin- the first issued settlement unit in the protocol blockchain.

Cryptocurrency- a generalized name for currencies built using blockchain technology.

Altcoins- all other coins except bitcoin.

Smart Contracts- smart contracts, aka smart contracts, when you can set conditions inside a transaction. In a programming language. For example, you transfer 5 units of cryptocurrency with support for smart contracts to Vasya as a payment for an iPhone, and enter the smart contact condition - "If the price of an iPhone on the site blablabla.ru is $500, and the current cost of the cryptocurrency is $100 per 1 transaction, please accept for processing ". Very simplistic so that you understand the meaning.

Token- token, token. The same cryptocurrency, they just started to release them for use inside all sorts of startups, as shares, and also so that it would be possible to use the services of these projects using tokens as a fee. For example, a start-up releases new solar panels and offers to keep records in tokens. At the same time, an ICO is carried out, it's like an IPO on the stock exchange, that is, you can become the owner of a part of the company that does not exist yet, bypassing brokers and the stock exchange as such ;-)

Crowdsale- this is a sweet word crowdfunding, that is, the sale of crypto-currencies, tokens directly to people

I will make a reservation right away, the article is not advertising and not custom-made. I myself have been a user of the platform for more than three months now, I understand the functionality, smile at thoughtfulness, swear at glitches. And since I have been interested in cryptocurrency since the time when bitcoin cost $ 3 and no one believed in it, any innovations in this area interest me completely.

What is the Waves platform and why is it needed?

Waves is a logical continuation of the development of bitcoin and blockchain technologies. At the same time, Waves, unlike hundreds of other altcoins, has a number of advantages. The main difference is the ability to quickly release your own tokens (electronic tokens) on the platform. In fact, without knowing a programming language, you can release your own units of exchange and use them for anything. Issuing your token under your own name costs only 1 WAVES inside the platform, at the moment the cost is 1 WAVE = $5.

My observations while working with the platform:

1. A ready-made convenient working platform, with its own wallet, it is easily installed as an application in the Chrome browser + mobile applications for Android and iOS. Unfortunately, everything is in English. Since the main investors are abroad, the product was originally aimed at conquering the bourgeoisie. Over time, I think, a translation into Russian and other languages ​​will be made. In the wallet, you can hold other cryptocurrencies, bitcoin, etherium, and convert them inside the exchange.
2. Low transaction cost, minimum 0.001 WAVE, transaction speed is currently high, no delays. But there hasn't been a big load yet. . On 08/11/2017, the system broke through at the peak of 92,000 transactions per second and did not collapse, not bad.
3. Open source, everything is on GitHub
4. Low cost of emission of own tokens in the 1 WAVES platform. You can issue directly in the wallet, specify the name, description, number of tokens, how many zeros after the decimal point, and whether it will be possible to make an additional issue or call the tokens invariably.
   
5. A decentralized DEX exchange built into the wallet with the ability to exchange cryptocurrencies. This is very cool. No need to take risks and deposit money into the account of incomprehensible third exchanges that collapse and merge almost every half a year. Yes, while the interface of the exchange leaves much to be desired. In particular, it is impossible to conduct a detailed candle analysis (by clicking on a candle, you will not find out the opening price, closing price, nothing, it is simply impossible to do this). This is the case in the desktop version of the wallet Lite Client 0.4.34a. It will not be possible to change the timeframe, it is locked for 30 minutes by default. You won't even be able to rewind the chart and see the history. In the Android version, things are better. You can change the timeframe and the chart is rewound.
6. Money, unfortunately, can be made from bank cards only with a wild commission, there is also no support for ruble cards now, as well as a direct WAVES\RUB rate. Everything will happen with a double, triple conversion + percentage of third-party services for entering paper money (fiat, as paper money is called in the circle of crypto traders). Thus, depositing $50 directly from the card to the wallet, you risk getting only $25-30 after all commissions. Nevertheless, you can deposit cryptocurrency without commissions, and only then change it to WAVES at the current exchange rate.
   If you are interested, I will tell you how to deposit money cheaper, ask questions in the comments.
7. They promise to make smart contracts. Alexander said that they are in the process and will soon arrive in time. This opens up new spaces for developers who want to issue their own tokens on Waves and use them in their projects.
8. The Russian community is completely dead, there are simply no Russian experts communicating with the public, investors online.
9. Waves are mined according to the principle proof of stake(PoS), that is, you do not need to buy equipment. Each coin acts as a virtual machine. If you have enough coins in your account, your account becomes an authority in the system and, with a certain degree of probability, can begin to confirm transactions within the system. Coin pooling is possible, just like with regular hard mining, only you lease coins inside the wallet. At the same time, the coins are not written off completely in favor of the pool, which has a positive effect on security. Namely, they are leased, with the possibility of recall at any time. Leasing reward maximum 0.2-0.5% of your leased coins, reward every 1000 blocks (approximately 16 hours). The start of real mining starts from 10,000 WAVES. What equates to $50,000 at this rate is not sour, is it? Investments in equipment are not required, but investments in coins are still possible. For a home miner, this is an exorbitant amount, so it’s easier to lease coins. And then, will such a low yield suit you?
10. About security. Waves wallet is protected by a SEED phrase. These are 15 random words, generated at the first start of the wallet, it is worth writing down on a piece of paper and putting it in the safe. Do not leave as a screenshot on the phone!!! If you forget them, you will forever lose access to your wallet. Next comes the password, I recommend putting 12-16 characters, using caps, using symbols and numbers. You can specify a pin code for mobile applications, which will remove the hassle from you every time you enter a password. Unfortunately 2FA authentication is not yet available. Hope it appears in the future.

Investing in Waves.

WAVES, in my opinion, is a potentially highly profitable financial instrument. Aggressive marketing, the team is replenished with professionals every week. This is not an empty ICO with incomprehensible processes and people from the "snuffbox", postponed somewhere in the future. ICO now is when it all comes down to a magic piece of paper white paper, i.e. is only at the level of the idea. You pay for an IDEA, without any result and without any guarantees. You can earn, you can burn out. Alexander has created a worthy product, already in the current phase he is worthy of all praise.
After all, more often than not, those who have not been given money by venture investors go to ICOs. Whose ideas are recognized as untenable. Or who just didn't even make it through the first interview without getting the first round of investment. Everything is simpler in an ICO like with Hollywood blockbusters. Often the script and execution are not the main thing, the main thing is how much money you invested in advertising, so many people will come after seeing your teaser. Everyone knows this. ICO, I think, is the main problem of inflating a soap bubble in the cryptocurrency market, it will definitely burst - the question is when. More on this in some other article. I am too skeptical at the moment about all these hundreds of millions in ICO.

Alexander IvanovScreenshot from DEX:


A brief technical analysis of the current situation on 08/14/2017: At the moment, the price is systematically decreasing, the trend is down, and this is the time to put your hands up and buy cheap. Or wait for the entry point to the market according to your strategy. If you do not have it, then you can simply buy according to the principle of "buy and hold" shares - buy and hold when the asset grows up. But do not think that this will happen tomorrow or in a month, immediately tune in for a year or better two.

You can buy, for example, on the support line, which is currently formed at a price of 0.00100000 BTC. For the DEX, a 20 BTC wall of orders is essential. Will there be a drop even lower than 0.001 ? I do not exclude such a scenario, follow the schedule. So far, there is no trend reversal on the chart. The fall of WAVES/BTC is primarily due to the fact that the main crypto instrument, bitcoin, has now broken through $4,200 per 1 piece. That is, this is not fundamental catastrophic news for WAVES, it's just that people are shifting on emotions into a more mobile asset that is moving up into the stratosphere.

Who buys when the asset falls? That's right, very risky guys who take a big risk and earn the most in the future. The main thing is to pick it up really at the bottom, and not 1/3 of the fall. Or losing capital ;-) That's why it is an exchange. Don't take on more risks than you can afford to lose! Never!

I will answer your questions in the comments ;-) ! Success!

How to buy Waves for rubles the cheapest?

The cheapest thing at the moment is to buy waves through exchanges - exchangers.

In short - that's all, there will be questions - leave comments! And yes, congratulations to all the holders, Waves = $13.5 and this is just the beginning!

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Collective action is more effective for society than an individual initiative, therefore, recently, economic science has begun to pay more attention to the evolution of joint economic relations. And this trend was reflected in the fact that in 2009 the Nobel Prize was awarded to Elinor Ostrom precisely for her work on such collective economies.

One of the tools, let's call it in the usual sense for us, "collective farm" relations is the collection of voluntary folk funds or crowdfunding. So the Waves startup was conceived as a smart blockchain system that is capable of issuing its crypto assets for the collective collection of funds or crypto assets for the implementation of various socially useful initiatives.

Tokens that can be issued by anyone or by this or that community are called colored currency, so Waves can be considered such a colored decentralized crypto asset. We will analyze the features of this cryptocurrency a little later, and now we will indicate how these tokens are attractive to the Russian patriotic audience, because its creation is associated with fellow countryman businessman Alexander Ivanov.

• Official website of the project wavesplatform.com

The first sale of crowdfunding in the ICO process was carried out in 2016 and turned out to be more than successful, as more than 30 thousand bitcoins were collected, and the cost of one BTC was then within 500 US dollars. For a long time, Waves crypto assets did not arouse interest among the mass user, however, with the growth of the rate of the main cryptocurrencies, both exchanges and traders began to involve the so-called color crypt in their field of activity, which actually affected the rate of this cryptocurrency:

Rice. 1. Waves chart for the whole history

From this visualization, we can conclude that the Waves cryptocurrency was unstable, starting from May 2017 until it exploded in November to a maximum of $15.0 on December 12 and, after a slight decline, showed a new trading record of $16.2 on December 22. That is, just on the eve of Gray Friday, when all cryptocurrencies began to lose their positions.

Convert Waves to USD and RUB

WAVES calculator:

WAVES

AED AFN ALL AMD ANG AOA ARS AUD AWG AZN BAM BBD BDT BGN BHD BIF BMD BND BOB BRL BSD BTC BTN BWP BYN BYR BZD CAD CDF CHF CLF CLP CNY COP CRC CUC CUP CVE CZK DJF DKK DOP DZD EGP ERN ETB EUR FJD FKP GBP GEL GGP GHS GIP GMD GNF GTQ GYD HKD HNL HRK HTG HUF IDR ILS IMP INR IQD IRR ISK JEP JMD JOD JPY KES KGS KHR KMF KPW KRW KWD KYD KZT LAK LBP LKR LRD LSL LTL LVL LYD MAD MDL MGA MKD MMK MNT MOP MRO MUR MVR MWK MXN MYR MZN NAD NGN NIO NOK NPR NZD OMR PAB PEN PGK PHP PKR PLN PYG QAR RON RSD RUB RWF SAR SBD SCR SDG SEK SGD SHP SLL SOS SRD STD SVC SYP SZL THB TJS TMT TND TOP TRY TTD TWD TZS UAH UGX USD UYU UZS VEF VND VUV WST XAF XAG XAU XCD XDR XOF XPF YER ZAR ZMK ZMW ZWL

You can switch the calculation to dollars, rubles or bitcoins. Click on the currency icon on the right. To convert back, enter a number in the other field.

History of Waves

A good start for the crowdfunding of this project was provided thanks to the guarantee obligations of a large resource of cryptocurrency wallets called Mucelium, which is under the supervision of another of our fellow countrymen A. Kuzmin. Moreover, these guarantees were given not for beautiful eyes, but due to the fact that Mucelium has its direct interest in this project, since its powers are involved in transactions to speed up and simplify the distribution of Waves Coin crypto assets.

Another launch pad was one of the Australian companies, which joined the project with its development of the Insept-network. The main idea of ​​this lies in line with the concept of crowdfunding and concerns commissions, namely, that any user decides for himself what amount of commission is acceptable for him in the process of Waves turnover. What, according to the developers, should reduce costs when transferring both crypto assets to fiat, and vice versa.

But it is also unknown for what motivational reasons the BioViva company from America itself, where they don’t give out “cookies” for free, joined the project, known for wanting to find the “elixir of immortality” (just kidding!), is looking for ideas to to slow down the aging of the human body.

The Waves functionality is based on the updated LPos approach or confirmation of a certain share of the cryptocoin code, the production of which is determined in a pseudo-random order, which means that the probability of getting a part of the code to a particular miner is determined by his wealth, in other words, from the size of his crypto wallet. This is Proof-of-stake, in our opinion, well, it does not correspond to the principles of financial talk or scientific crowdfunding. Although there are opinions that differ from ours on this matter, which we will consider in the next section of Waves features.

Waves Token Features

The main and distinctive feature, unlike many cryptocurrencies, is, according to opponents, the ability to give the Waves currency for use or rent using the new version of Proof-of-stake. Moreover, with full nodes, and for this they receive their part of the income from mining with the ability to either immediately capitalize them into fiat currency or leave them for storage.

The selection of new miners is carried out in such a way that only full NODs can mine new tokens, and the rest can only be lessors and lessees of Waves. At the same time, the number of complete GCDs (nodes) is limited to about 100, and each new digital code is created within 10 seconds.

The next feature of the blockchain platform is the real opportunity to launch crowdfunding in a matter of minutes, and users or investors can receive cryptocurrency in exchange for fiat, with the help of which they can immediately enter trading on exchanges. The developers have provided in the project the possibility of regulating Waves depending on the legislative norms of certain countries in order to protect the rights of investors.

All fiat on the blockchain is pegged to major currencies, which simplifies crowdfunding operations for those who are used to handling traditional money. Another incentive, or rather a whole set of them, is the possibility of sending messages, decentralized voting, which are not only communication tools, but also crowdfunding community management.

In addition to these features, a light client option with a clear interface is available for community members on one of the browsers, and for those who own a blockchain node, software in the full package required for the server is available.

A special system called "Karma" has also been developed, which is a system for assessing the reputation of a particular user and serves not only as an archive of transactions, but also allows you to analyze various indicators of working with Waves.

Dynamics of Waves for today

As you can see, the current rate of this cryptocurrency has the silhouette of a two-humped camel with highs of $14.05 and $14.10, respectively, at 21:19:12 and 23:18:45 Moscow time on January 9, with a minimum of $12.20 at 08:58:59 on January 10 :

Rice. 2. Waves chart per day

At the same time, if we express all the parameters of the current state of trading in ruble terms, then the exchange rate, high and low indicators and trading volume will look like this:

WAVES rate for today

$ 2.75

0.000679

₽ 175.55

Waves parameters in ruble equivalent

How to mine WAVES

Those who are going to mine these tokens, the developers summed up, as they say, under the monastery, because they provided this opportunity only to the elite, who are selected by the presence of crypto assets. Because many are called to the blockchain, and only one hundred of them have nodes.

Moreover, the rest can only experience real nostalgia, both for past mining nostalgia and for real - they are only given the opportunity to rent their crypto assets to selected miners and receive passive income from this.

How to store - wallets

Both storage and participation in trading on multi-cryptocurrency decentralized exchanges require a wallet. There are two types of Waves crypto wallets. The first is a full-fledged storage resource with the ability to mine and the second is a Lit Client type.

Rice. 3. Wallet for Waves

Moreover, the first one requires up to a fig of power resources, as well as special settings and constant being on the alert online, and given the fact that you and I, the mining process, as they say, is not ordered and will be available by default, we will analyze the possibility of creating a Lit storage location client.

For this:

• go to the Waves resource;
• select the desired option on the "Product" tab, namely "Online client";
• read the warning about a possible danger. We copy the generated words in case the key is lost, by clicking on “I ANDESNEND” and save this code in a safe place;
• fill in the name and password lines and now you have already created a crypto wallet.

Rice. 4. Waves resource for storing, exchanging, renting and trading tokens

As for the purchase of Waves coins, this can be done, and for Bitcoins, as one of the options, for example, on a crypto exchange called Bittrix. A good exchange for purchasing tokens is an exchange such as YObit.

Are there any prospects - exchange rate forecast

Undoubtedly, there is, and this can be seen not only from the graphs presented here, but also from the fact that, unlike many projects, the creators of Waves do not scatter promises right and left, but report, first of all, on what has already been achieved.

The most encouraging prospect of this cryptocurrency is that, as we started our review, it is most suitable for pairing in the form of fiat and digital currencies, which will contribute to the speedy integration of the latter into all spheres of human activity. Starting from economics and politics and ending with various investment crowdfunding projects in the interests of society.

Well, this will be facilitated by such an advantage of the Russian crypto asset as a simple, but reliable multi-currency wallet with a quite friendly interface.

And if we add to all this the ability of Waves to any of the participants in the system to issue their own crypto assets, organize trade and exchange, and other opportunities, then this decentralized blockchain, in fact, has no equal in terms of potential.

And the most important advantage of this project is that it embodies the idea of ​​community self-organization, where there are tools for both communication and the implementation of community management democracy. Or, according to a proverb common in England, that 2 dogs catch many more hares together than 4 dogs that chase them separately.

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