Review on Waves by Fanuel PORPORTY
Official WAVES wallet
The Waves wallet is a cryptocurrency wallet built on a proof of participation (POS) algorithm. It allows users to customize their own token on the platform. The portfolio does this in order to easily run decentralized applications. It is the official application of the Waves platform. This wallet provides a secure way to store and trade digital assets. Using the wallet, you can also access the Waves blockchain. It is available both as a desktop client and as a mobile app.
Pros
- The transaction fee is often regarded as a “flat fee model.” Waves charges 0.003 Waves per transaction. This is approximately 0.44 cents (USD 0.004412), which is very cheap. There are no third party charges for purchasing coins.
- The wallet’s interface is quite intuitive.
- Waves allows you to use your wallet anonymously.
- The wallet is very secure. Being an open-source wallet also confers an additional layer of credibility.
Cons
- More security = less usability (this is a problem with all cold wallets).
