Review on Waves by Othere Obtentus
Custom coins
Waves is a blockchain network. It was created by Sasha Ivanov at the start of 2016. The platform is versatile and has the primary objective of generating personalized coins on it. Those currencies are further constructed and distributed via the blockchain in the exchange of personalized tokens or other assets. The Wave Network not just launches the Waves currency. It also launches tons of other types of tokens through the main network. Any of these coins go through the ICO and provide a real potential. The Waves network not only accepts fiat currency, but also cryptocurrencies such as Bitcoin, Ethereum Classic, and many others. Waves has been, and remains to be, one of the pioneers in crypto,pioneering innovations such as one of the earliest decentralized platforms (DEX) and gaining several collaborations with mainstream companies at a period when other ventures were only starting out in the cryptocurrency field.
Pros
- High network speed that allows hundreds of transactions per second
- Everyone has to manage their own crypto assets
- Allows its users to create custom tokens
- Significantly well for crowdfunding
- Best of both the centralized and decentralized systems
Cons
- The smart contract of Waves Coin is not as complex as the Ethereum
- Need KYC/AML if you want to withdraw or deposit fiat currencies
