$WAVES is not your ordinary crypto-currency. The developers behind WAVES have created the backbone for something that I believe will truly be huge. As you watch the price of WAVES rise going forward (okay, I'm calling it), maybe from the sidelines, consider the future potential of this coin, of which I will try to sum up for you here.
WAVES already has many great features such as Proof of Stake, Leased Proof of Stake, 1 2 3 Token Creation, and cheap as hell trading fees and transaction fees. Proof of Stake is the environmentally friendly mining model that gives blockchain ledger maintainers (nodes), who hold the sufficient minimum required amount of WAVES to participate in the process, the ability to verify transactions ("mine"), and in doing so, receive so-called "mining" rewards. When you add leasing into the equation, now these nodes can "borrow" your coins to increase their chances of "mining" the blocks, and accordingly reward you with a share of the rewards for the success of the node (might you have an insufficient balance to run your own node). Time to start selling those Bitcoin mining rigs!
It needs to be said that transacting in WAVES is already FAST. You can send yourself coins from an exchange, and they will be available in your wallet to spend or trade on the WAVES Decentralized Exchange (DEX) faster than almost all cryptos out there today. This is a huge plus, especially when time is of the essence. Now let it be known that the WAVES team has developed a protocol, dubbed WAVES-NG, which will increase the transaction speed EXPONENTIALLY. We are talking about turning a high end sports car into a rocketship here. This feature is due to launch within the next month or two and I can promise you the market will react positively to this.
Nextly, the WAVES DEX is a built in decentralized exchange to the official Waves Lite Wallet. This exchange creates trading pairs between all WAVES tokens, in addition to all of the cryptos that gateways have been created for (so far Bitcoin, Ethereum, and I'm sure more are to follow). This alone is a HUGE feature. I must admit that the DEX is not the most flashy GDAX-esq exchange at its current stages, but it damn sure is fully functional and adds tons of value to the coin. But wait, there's more...The DEX is getting an extreme makeover and will soon resemble an "online brokerage account", and it looks like it will offer many charting tools, such as those found on TradingView.com. I cannot stress how excited this makes me, a complete overhaul of something that is already great, in addition to increasing processing speed discussed above. This will be the future folks.
All in all, this is not financial advice, and of course you should only invest what you can afford to lose, but, however, if you buy in now, you will not be losing any money...unless of course the world breaks out in nuclear warfare, then you may lose some money on this one. Seriously though, WAVES is ready to moon, and it is long over due. Don't miss out on the future.
sounds pretty cool.
Very excited about this coin!
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