Bitcoin Forum

Hi,

I see more and more coins which are "built on the waves platform".
Why? What is this?

I know that there is a wave coin but I don't understand, you don't get coin "built on the bitcoin platform".

Thanks.

Good question I want to know that to and what is the advantage over the similar platforms?

these coins are tackling new problems but using the Waves blockchain. Instead of taking all the time and investment to create their own blockchain they are using one they believe to be reliable. Most new coins these days are built off of the Etherium blockchain, Waves Blockchain, or Nem blockchain. Bitcoin is pretty limited on what you can do, so most new coins tend to use other options.

you mean that transaction about wave coins and kayi coin (those built on the wave platform) will both appear on the wave blockchain?

How weird.

Wouldn't those kayi coin reduce waves performance (transaction confirmation time) since they would also be embeded in the blocks?

The one i know of, and am holding is Darcrus. It is built on waves platform. I recommend checking it out, it is a very nice coin, that is still a good investment.

Its same as token like in Ethereum in my opinion. Though waves is a platform, they have their own exchanges in their sites. As of now, it is easy to make your own coin inside the waves platform. It has many features, better to open your waves wallet there.

Your observation is not wrong and more coins shall still be built on wave platform.

For clarity purpose, the type of coin that is built on wave platform is called TOKEN and they are as good as any other coin tokens, this also confirms that wave coin shall soon receive a good price increase because wave coin is the cheapest coin with the ability to create tokens.

Token creation on wave platform is also very easy and you are not to be a code guru before you can create one for yourself.

Well, there is lots of things to say.

Token can easily be created on Waves Platform. In a minute and 1 Wave fee.

When you creat the token, the token will be traded at Waves DEX immediately.
So it has some advantages.

Nowdays its much easier and faster to create a new project on the platform like ETH or WAVES, so u could save some time and money on development. You should call them assets and you can check assets of different platforms in here http://coinmarketcap.com/assets/views/all/

Waves is a platform like Ethereum.Ethereum is little bit complicated, they use smart contracts
but waves is very simple.
All functionality is easy and people can add different plugins easily in this platform.
Its a great way of crowdfunding and issuing personal asset.

And why would a wave token be better than waves coins?

So I just pay 1 wave, give a token name and BOOOM, wave coins with a new name? what's the point.

Does wave has many advantages than other platforms? Or this is also same like oher platform?