Review on Waves by Amos joseph
Wave wallet
I've used this wallet for quite long although I've been using the web version which is also very scalable for use there is mobile version available for use also I guess to save space on my phone I've choose to use the web version of the wallet.
Waves wallet uses proof of stake algorithm POS which make the wallet a decentralized wallet users can add additional features to the wallet such as customiitze their token Waves wallet is an open source decentralized wallet available for new features integration. it provide users with opportunity to have direct access to wave blockchain and exchange whereby users can be able to perform trading activities within the wallet.
Waves have been in crypto space since 2016 which makes it a competitive crypto currency today the wallet support use of fiat currency which can be used for making exchange on the wallet in general like all wallet Waves wallet is used for sending, receiving and storing crypto and exchanging fiat and crypto currencies.
There is trading fee charge of about 0.003 waves for making transaction using the wallet know as flat fee model.
The wallet is very secure being an open source which gives users to have control over their wallet with their password and secret phrase keys which means if you lose your phrase keys it maybe hard to retrieve your wallet back backup is required and necessary.
Pros
- Uses proof of stake POS algorithm
- Has simple user interface
- Web and software version compatibility
- Security level includes pin, phrase keys and finger print
- Support multiple crypto coins including fiat y
Cons
- Competition is very high there are other wallet with more features
