What you need to know about Waves

What you need to know about Waves


Waves is an open blockchain platform designed for ease of use and mass adoption. Anyone can use Waves to launch, distribute and trade their own crypto token. The platform is fully decentralised, transparent and auditable.

Waves is creating a comprehensive blockchain ecosystem that will provide all the features necessary for business adoption, and the platform already has a number of powerful tools and services that make building user applications straightforward.

Highly accessible

  • Clean, familiar UX
  • Chrome app or html lite client
  • No blockchain download necessary

Fast, low-cost and scalable

  • One-minute blocks
  • Low (0.001 WAVES) transaction fees
  • Tx fees can be paid in tokens
  • Up to 1,000 txs/second

Fiat transfer

  • Fully compliant, licensed gateways into and out of the blockchain
  • EUR blockchain tokens, with USD and other currencies on the way
  • Tokens fully backed by fiat deposits
  • Bitcoin gateway and tokens also available

Easy token operations

  • Launch a new crypto token in under a minute
  • Tools for mass token distribution
  • Ideal for crowdfunding

Decentralised exchange (DEX)

  • Peer-to-peer trading from within the client
  • Trade any pair of Waves tokens
  • Near-realtime order matching
  • Blockchain settlement for security

Smart contracts

  • Non-Turing complete
  • Powerful but secure
  • Planned implementation Q4 2017

Waves has already attracted several major businesses and social programmes. These include a transparent venture capital organisation (Tokenomica); a political engagement initiative (Upcoin); a green manufacturing technology business (ZrCoin); a marketing drive for a mobile gaming platform (MobileGo); a secure VoIP and telecommunications infrastructure company (EncryptoTel); a blockchain loyalty scheme (Incent), and more.