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Review on Waves by John Nau
Too much nickle and diming to play in a closed box.
Too much nickle and diming to play in a closed box.
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Pros
- The Wave Platform provides a simple interface familiar to most people who are regularly using apps on their phone, especially those with similar trading apps. There's a wallet to display holdings within the Waves platform and a built-in exchange. Touted as being a platform for ICOs.
Cons
- I don't want to call the exchange "decentralized" because you can only access it through the Waves wallet or through their website. You don't have BTC or ETH or any of those currencies on their platform. Those wallets are waves wrapped wallets like WBTC or something. You send in BTC, and it's stuck, because you need to have Waves to do anything, so you spend outside money to buy waves outside of this platform to send to it so you can use the BTC. Then when you decide you're done messing and want to withdraw, there's the Waves fee, then a fee of 0.001 BTC for some kind of middleman. Tons of crap tokens being dumped on me, like spam mail but with crypto... it's like how you don't check your email because of all the junk, now you don't care to look at your wallet because of all the crap you have to hide or burn.
