Wave X

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Wave X – project overview and Hardforka.

What is WavesX?

Waves X is a cryptocurrency created as a result of the Waves hard drive. Using the basic principles of digital assets, such as openness, decentralization, community participation in project development, the WavesX team will take the original Wave project code as a basis and make changes that will make this platform faster, safer and decentralized, the results of these actions and will become WavesX.

With the development of the cryptocurrency industry, there is a need for separate platforms with assistance where many new users will be able to make tokens for their needs and support their project activities. Waves and Ethereum are such platforms nowadays, they make it easy to release your own tokens and start using them. Both platforms have many positive aspects, but at the same time offer their own vision of certain moments. Waves has a very significant service for the crypto community because of its technological solutions, but technology is evolving and fans can offer their improvements to the original product. The main objective of the Wave X project is to improve the original product,

Solutions and Benefits

First, you need to repeat once again that Wave X will retain all the main advantages of the original Wave, but first, let’s list them.

The proposed solution can significantly improve the existing Waves platform, significantly adding stability and stability to its work, the transaction speed in the Waves X network will be 10 times more than in Waves, now even ICO which is claimed will not be able to reduce the network.

Waves X will give users ready-made templates to make their tokens, which will greatly simplify the process of making digital assets.

Waves X will set a very low price and still use the platform.

This project will provide its users with a decentralized exchange, developed with all new achievements in this field. It is possible to buy any tokens on the stock exchange, the commission will be very low, and the security level will be higher than in the existing stock exchange.

To make the network more centralized, stable and secure, the project team will switch to the PoS-PoW hybrid consensus protocol. The fact is that these two protocols have advantages and disadvantages, but the Waves X team decided to take the best from each of these protocols and use such hybrid protocols without flaws in the network.

Smart contracts on the new platform will be significantly increased. Now smart contracts can be programmed in various languages, including JavaScript, Solidity, C ++, Simplicity, Python, Vyper and RIDE, separate templates for smart contracts will be available, which will significantly speed up and simplify the process of releasing tokens.

As you can see, this project offers concrete solutions to native platform problems.

And for the benefits of Waves including:

High transaction speed. This is many times bigger in this parameter, bitcoin and broadcast

Low stability and transactions. No matter what the load is on the network, transaction costs are always the same and far less than the costs on other networks.

Convenience On the Waves platform, it’s easy to release your own token.

It is difficult to argue with the fact that this quality is indispensable for mass applications of platform capabilities, stability and ease of use make this platform really attractive to users.

Wave X Solution

Waves X will give users ready-made templates to make their tokens, which will greatly simplify the process of making digital assets.

Waves X will set a very low price and still use the platform.

As you can see, this project offers concrete solutions to native platform problems.

Waven X Token

The new token will not only be the main payment unit for service platforms, it will become a full cryptocurrency, which has many advantages compared to its competitors.

However, there is one more good news, because Waves X is a fork of Waves, all original project coin holders will receive WVSX coins (new project tokens) in a 1: 5 ratio, that is, 5 WVSX coins for each wave token. The snapshot wallet will be made January 17, 2019.

The total number of WVSX 500 million tokens

PoW-PoS (hybrid) mining protocol

Project roadmap

One important component of project success is a clear action plan, which is needed to achieve its objectives, Wave X has such a plan and is displayed on the project roadmap.

The idea was born at the end of 2018, since then the concept of fork and future improvement has been developed.

Already on January 17, 2019, a hard fork will be produced and a new WVSX coin will appear.

The first quarter of 2019 will be very important for new projects, because many innovations await, including the introduction of a complete set of functions for ICO, listing of WVSX tokens on the stock, audit platform code …

The second quarter of 2019 will continue to develop projects with active speed, smart contracts will be added to the platform, the project team will be expanded and work will begin on decentralized exchanges and work will begin on the cellphone wallet.

In the third and fourth quarters of 2019, mobile applications are expected to be launched, making smart contract templates, features to simplify working with dApps, and many, many other innovations awaiting the project.

Wave X Wallet

Already in the second quarter, the project will begin the process of developing its own mobile wallet for Android / iOS and in a short time they will be available to the general public to use, as well as wallets for PCs and wallets online.

Conclusion

The Waves X project wants to solve the existing problem from one of the most popular platforms to hold the ICO and issue its own token, it plans to combine all the advantages of the existing solution and make deep work on the shortcomings, which will make Waves X much more: