Bitcoin Forum

After seeing this thread (https://bitcointalk.org/index.php?topic=1215911), I suddenly began to think of the future of WAVES (https://bitcointalk.org/index.php?topic=1387944). It will be better than bitcoin, to be sure, as a payment system. And if bitcoin has proven itself to be a better payment method than Western Union, why not WAVES will prove itself to be better than the most of the payment systems? There you go with my prediction now: Within the 4 year period after its launch, the WAVES platform will surpass all of the payment systems except for the most established top 4, when their daily volume is compared.

Slick graphic design. No significant technological innovation documented. Browser plugin  ??? Don't they understand the browser is dying along with the desktop!

Git: https://github.com/ScorexProject/Scorex

Full node client will be built is Scala, on Scorex platform which Kushti and his team have been developing. Lite, end-user, client will be in JS. Also there most probably will be a full-node C++ client.

First paper: http://arxiv.org/pdf/1603.07926v1.pdf

Faq: https://blog.wavesplatform.com/faq-7664c1d1b1bf#.7knihl6g3

Vision: https://blog.wavesplatform.com/waves-platform-vision-a532840ba061#.9abpighet

Blog: https://blog.wavesplatform.com/

This is a very optimistic vision, and I am not really sure that this is included in Waves objectives...

If you are implementing truly decentralized exchange, then I assume you are paying attention to my explanation (and help) provided to jl777 on how to implement it correctly:

https://bitcointalk.org/index.php?topic=1364951.msg13925984#msg13925984

Yes, i am following your discussion, jl777 is advising also

https://bitcointalk.org/index.php?topic=1387944.msg14104607#msg14104607

I voted "I don't know", as at this point I have no idea how the devs will proceed with this coin and how they can achieve enough public awareness and acceptance. The coin itself looks good, but its future depends on marketing.

On tech, marketing and being used by the people. Team is great, there will be next paper soon, marketing team is also in place.

A cross-platform application version of the lightweight client will be an easy thing to achieve. Once the Chrome plugin is ready, the work needed to create a desktop and mobile app is measured in hours.

Browsers aren't dying - they are wrapped in thin apps.

That all depends on adoption, which is the point where a lot of cryptocurrencies choke. :-\

Guys, please check our first Newsletter!

WAVES — “Newsletter No. 1”

https://cdn-images-1.medium.com/max/800/1*wa1kuxWHrPQeBWoT-W8r6Q.jpeg

Read more: https://blog.wavesplatform.com/waves-newsletter-no-1-a9826d739cf6#.9icqegp7q

My point is that a browser GUI wallet will not by itself drive mass adoption. To drive mass adoption, you need a use case on mobile.

I applaud attempts to modularize code and improve succinctness. I am also a Scala programmer, so I understand its benefits and also its drawbacks.

However, I think you are entirely wrong about proof-of-stake and when the fix I am making for proof-of-work arrives, I think you will find it won't fit into your current separation-of-concerns (http://chepurnoy.org/) without significant refactoring.

But moreover, I just don't think a colored coin concept is the key to mass adoption. It may be worthwhile for speculation markets.

Who is Kushti in real life? May I review his LinkedIn account so I can determine his career experience and accomplishments? I might be interested in working with him (I am searching for talented developers).

It is obvious that a cryptocurrency initiative will not be successful without the support from licensed financial institutions, and it would also be rightfully claimed that the strength of a cryptocurrency or a crypto-platform is correlated with that of the businesses based on it. With WAVES, we have these two components of strength combined together. That is, it is WAVES's cardinal feature to work with well-regulated financial institutions for fiat integration. Thus, the businesses utilizing the platform is the financial institutions that give power to the platform. There has been no crypto-initiative to achieve, even to aim this.

In several places in this forum, too, you see people claiming it would be against the nature of the blockchain technology to incorporate fiat currencies into the basis of a decentralized network. Well, challenge accepted! We will make crypto-fiat as the founding feature of our system. And you will be astonished by the positive consequences.

Don't be so smug. The licensed financial institutions system is the one that is dying and will collapse in a heap of chaos from 2018 - 2032. A new decentralized Digital Age is emerging (https://bitcointalk.org/index.php?topic=1416129.msg14369688#msg14369688).


We may be astonished, but I am betting against it be a positive outcome.

I am in no way a supporter of the currently prevailing corporate system, nor of its guardians, i.e., the legal mafia. I may have misconstrued my sentences if I sounded so. But if this corrupt and unscrupulous system is to die, it will bury itself alive and die afterwards. Let us be the ones to celebrate its autoimmune agony.

No disagreement. If WAVES can milk that tit without siphoning off our capital to the dying system as Ethereum, Bitcoin, and most every other coin except maybe Monero, then great! But I have my skepticism about colored coins ending up just being more means for the speculation experts to rape the naive amongst us.

Some more info on Kushti https://bitcointalk.org/index.php?topic=1387944.msg14373167#msg14373167

I too see big potential with WAVES.
I hope the ICO is successful and the launch can moved forward as planned.

He can't afford lighting:

https://www.youtube.com/watch?v=QMSA5W7jx1E#t=566

Note his Scorex was apparently commissioned by Charles Hoskinson (an Ethereum founder) at IOHK.oi (https://iohk.io/about/). Old timers might remember Charles and I lamenting on Bitcointalk in 2013 (when Charles was with Bitshares) that we couldn't code in Scala for crypto projects.

Charles is aware of Waves development.

Waves Whitepaper

http://wavesplatform.com/whitepaper_v0.pdf

Exactly. Creating a cryptocurrency is much like making a film or writing a song. It's difficult to know which ones will gain traction and become a hit! 8)

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I've read the whitepaper and I'm not that impressed. What I like is the modular design, as already was pointed out.

But the other two main "selling points" are asset-to-asset trading and hidden order books. Asset-to-asset-trading is not really revolutionary, and it will be implemented soon in all cryptocurrencies that are based on the Bitcoin code via enhancements like PeerAssets.

But what I really dislike are the hidden order books. These will make it even easier to scam asset holders than it is actually with Nxt and comparable platforms. A really big scam could damage the reputation of cryptocurrencies as a whole.

The so-called fiat integration is centralized and offers no advantage to Ripple and NXT.

So no, I think Waves will be perhaps a top-20 altcoin (in the initial P&D even top 10), but not more than this.

As a former Nxt enthusiast, I hope WAVES will succeed. The white paper is promising great things but as known from Nxt, the project could be a new step ahead when they do not try to implement the jack of all trades device as Nxt did. I think the chance is good to succeed by implementing the fiat/crypto interfaces. CoinoUSD has prooven that it works.

I like how you will be able to withdraw fiat from the wallet through payment gateway, this is for many fiat user a huge deal. If it succeeds Waves will be very big and will get many new users and partnerships like Mycelium already did.

The trick is to concentrate on one thing and do it succesfully.
I have high hopes for WAVES.

Agreed, most successful projects focus on 1 or 2 things and just do it right, see Bitcoin or famous apps. Waves will do the same thing.

Yes, I get your point despite my flippant response! However I think the devs have the ability to develop & drive uptake on mobile platforms as well as desktop. And they have the financial resources, too.

i do like waves, but calm down OP. there is alot to improve before we start thinking it will be bigger than bitcoin.
let's see how its gonna be in their launch, what price the market will aprove and the next developments steps, but till the moment they are doing a great job, i've really liked their wallet, their websites and their support.

I just hope we will make a lot of $$  :P :-*