Waves X

Waves X

cryptocurrency created as a result of the Waves hard drive

In the initial development and deployment period, Wave X will open to all 

utility tokens (their utility characters will be determined by the community along with 

management platforms). After that, the main update will introduce the 

security token functionality, opening Waves X for projects whose tokens represent digital shares or 

cryptographic securities. In the current regulatory climate, security tokens will 

become increasingly popular in the next two years. We expect digital securities to take part 

at least 30% of the market by the end of 2020. Meanwhile, Waves X will not only introduce 

a wider range of KYC controls and white list features, but also obtain all 

the necessary licenses.

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.

Waves X aims to be a user-friendly platform for launching new projects, which will meet the needs of founders and large, self-funded teams that include professional coders. Smart contracts are an important element of such a system: indeed, while someone can issue tokens and collect funds without a smart contract, people certainly cannot build applications that function without it. The fact that a smart contract has not been on the Waves Platform for two years has led to the emergence of dozens of useless and low-quality tokens that are not needed by anyone. By introducing a fully functional smart contract as soon as the platform is launched and pairing it with a community voting mechanism, we can ensure that only feasible projects will issue tokens and make dApps on Waves X. Unlike the original Waves platform, Waves X will use neutral language, which means that it will be possible to compile new smart contracts in the Turing-complete programming language, including JavaScript, Solidity, C ++, Simplicity, Python, Vyper, and RIDE. It is also possible to migrate the existing dApp to the Waves X platform quickly and easily. New functions will be added continuously, starting from a large introductory package that will include blocks and ready templates. In this case, the Waves X development team was inspired by a successful WordPress model – a website creation platform. On WordPress, users can get free access to a large number of blocks, widgets, and extras that have been compiled before, with more advanced functionality available at a cost as a premium package. In general, the better the code, the less premium is needed.

Challenges and disadvantages

The Waves platform clearly offers advantages not found on 

other blockchain platforms, such as speed, fixed costs, and ease of use. This is the quality that is 

admired by the development team of Waves X and will be brought to a new network after a difficult time 

. However, it is impossible to deny that Waves’s model, concept, and execution 

also contain a number of very serious weaknesses: from claims of decentralization to 

security vulnerabilities.

Why does Waves do Hardfork?

Well, first of all, we know that Waves did a number of very good indicators and received significant ratings, released many tokens and also received many thanks from the ICO project, namely in the simplicity of creation and accessibility. However, if you see the current situation of all tokens, news, attacks, security holes, then you need to take action and therefore  WAVES  decides to make a difficult fork, which will change serious and significant changes in the system.

Advantages of Hardforka Waves X:

Troubleshooting and we were offered a Wave version that was significantly improved and optimized, i.e. (  Wave X  ).

• Fully decentralized (maximal)
• Democrats.
• High speed – Transaction speed is a Wave of 1000 TPX per second, which is higher than Bitcoin (less than 10tps) and Ethereum (25 tps). However, this Wave X will not stop and will increase the transaction speed to 10,000
• Useful for the crypto community and the ICO project.
• A very important advantage of WAVES X – Deploying blockchain projects of all complexity!
• Accessible and acceptable – We all know that the Waves platform doesn’t use GAS, unlike Ethereum, and this is an advantage in accessibility. That is, the Waves X commission is 0.001 WAVES

And yes, additions such as fundraising, that is, every user without knowledge can make tokens and start raising funds – this is a prostate use and a significant advantage, but as written in technical documents, the list of possibilities is limited.

At the launch of the Wave of Decentralization Exchange X.

Waves X  – offers us the necessary and convenient tools that are clear and easy to use, which will be significantly successful in trading for crypto traders. Yes, I want to tell you that there will be a very important part for traders, the following funds will be included in the exchange (ERC-20, BTS, Ethereum, etc.). In addition, users will be given high-speed P2P exchanges. 

Waves X  – future plans for creating derivative trading and providing margin loans.

Why Waves of Decentralization X, and not other competitors, and what are the differences?

The fact is that Waves X will implement matching orders without chains, that is, users of the Waves X platform will be able to send their orders to the entire network without recording them on the blockchain, thereby reducing delays in time and transaction costs. 

Conversely, look, the network elements in which all transactions through exchange will not have access to the matching process, so Waves X will make it possible to decentralize the trading process, while maintaining its speed and availability. Also, misuse of forms (frontline orders) would be very possible with Wave X. And hacking exchanges is almost impossible – this is a strong advantage of Wave X

You can join or participate in the WAVESX sales crowd through the following link:

WEBSITE:  https://waves-x.com/

WHITEPAPER:  https://waves-x.com/whitepaper.pdf

ANN THREAD:  https://bitcointalk.org/index.php?topic=5091265.0

TWITTER:  https: / /twitter.com/wavesx_platform TELEGRAM

:  https://t.me/wavesx

Username: COB 

Link: https://bitcointalk.org/index.php?action=profile;u=1929500