Review on Waves by Özgün A
Will Waves coin be able to forgive itself?
Wawes is a platform created with Blockhain technology for users to keep their digital assets securely hidden. Wawes coin is also the digital currency of this system. Waves Coin is similar to Bitcoin in that it uses open source code.
The main purpose of the establishment of the Waves platform is to enable users to transfer fiat money over Blockchain without any problems. In addition, it provides various opportunities for those who want to create their own digital assets.
Of course, Wawes coin also works on blockchain, but it does not necessarily need Blockchain due to its few features that differ from other cryptocurrencies. Waves coin has an algorithm structure that combines nodes rather than nodes in the Bitcoin network. In short, we can say that it combines lightwieght and full nodes instead of working with nodes on the network.
Waves is not mined, but gives you the opportunity to produce blocks called "Masternodes". We know that the Wawes coin was disappointing last year, but I think its value and transaction volume will increase rapidly from 2021. Their business deal with the Russian-based Exobank is a proof of this.
Pros
- Opportunity to produce blocks
- Clear and understandable future goals
- Partnership agreements with large companies
Cons
- The disappointment this year
