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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 16, 2016, 08:36:25 AM |
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for our vision.
mxxxxxx, can you try in one sentence to describe your vision? I know that's hard but I'd love to know! Waves team is building first production system on top of Scorex framework where Waves token will be the fuel of whole platform and all transactions happening there, from issuing the assets, through transfer, depositing and withdrawing other supported currencies on the platform. Focus is on custom asset creation, lite client, end-user, no blockchain download, decentralized exchange, asset-asset trading, fiat assets, working with payment providers from the start and being decentralized kickstarter at the same time. Other features and apps/plugins center will be appearing in meantime. Waves will have its own implementation of POS, its own transaction types, its own unique reputation system on the blockchain and many more things. Rewards will be distributed between all network users who have a balance, above full nodes, all lite client end-users will be able to lease their balance to full nodes and receive rewards also. So above Waves token being the fuel of the whole platform there will be also incentives from the network itself. We will develop own crosschain asset protocol for Waves-Ethereum assets and similar blockchains and we will integrate crosschain asset protocol from SuperNET as for Bitcoin blockchains also.
sasha35625 "We support the Mycelium vision of creating a full-scale blockchain-agnostic mobile wallet, and would like to help Mycelium team bring it even further - by providing not only cryptocurrency but also fiat transfers within their wallet service. We believe in a certain convergence of fiat and crypto in the long run, so this should be one of the first steps in this direction. We need to provide some kind of an open-blockchain solution that can be used by existing financial services in order to reduce costs and provide a certain level of decentralization for their users. Blockchain-powered fiat transfers will be used in variety of applications, including cross-border remittance, traditional online merchant payments, crowdfunding etc. The sky is the limit here."Can you elaborate little more on the following: -fiat assets -> what are they? more details please if possible... -working with payment providers from the start -> what payment providers? do you talk to any of them? -own implementation of POS -> what will be differences between regular POS and your implementation? -all lite client end-users will be able to lease their balance to full nodes and receive rewards also -> is this something like delegated harvesting in NEM? Fiat tokens issued and fully backed by payment providers, will be announced before gateways integreation. Tech paper will be available in late May/early June. Anyone who has balance above 0 will be able to get rewards from the network by hosting full node or leasing their balance. No idea about NEM.
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tomkat
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May 16, 2016, 08:46:12 AM |
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for our vision.
mxxxxxx, can you try in one sentence to describe your vision? I know that's hard but I'd love to know! Waves team is building first production system on top of Scorex framework where Waves token will be the fuel of whole platform and all transactions happening there, from issuing the assets, through transfer, depositing and withdrawing other supported currencies on the platform. Focus is on custom asset creation, lite client, end-user, no blockchain download, decentralized exchange, asset-asset trading, fiat assets, working with payment providers from the start and being decentralized kickstarter at the same time. Other features and apps/plugins center will be appearing in meantime. Waves will have its own implementation of POS, its own transaction types, its own unique reputation system on the blockchain and many more things. Rewards will be distributed between all network users who have a balance, above full nodes, all lite client end-users will be able to lease their balance to full nodes and receive rewards also. So above Waves token being the fuel of the whole platform there will be also incentives from the network itself. We will develop own crosschain asset protocol for Waves-Ethereum assets and similar blockchains and we will integrate crosschain asset protocol from SuperNET as for Bitcoin blockchains also.
sasha35625 "We support the Mycelium vision of creating a full-scale blockchain-agnostic mobile wallet, and would like to help Mycelium team bring it even further - by providing not only cryptocurrency but also fiat transfers within their wallet service. We believe in a certain convergence of fiat and crypto in the long run, so this should be one of the first steps in this direction. We need to provide some kind of an open-blockchain solution that can be used by existing financial services in order to reduce costs and provide a certain level of decentralization for their users. Blockchain-powered fiat transfers will be used in variety of applications, including cross-border remittance, traditional online merchant payments, crowdfunding etc. The sky is the limit here."Can you elaborate little more on the following: -fiat assets -> what are they? more details please if possible... -working with payment providers from the start -> what payment providers? do you talk to any of them? -own implementation of POS -> what will be differences between regular POS and your implementation? -all lite client end-users will be able to lease their balance to full nodes and receive rewards also -> is this something like delegated harvesting in NEM? Fiat tokens issued and fully backed by payment providers, will be announced before gateways integreation. Tech paper will be available in late May/early June. Anyone who has balance above 0 will be able to get rewards from the network by hosting full node or leasing their balance. No idea about NEM. "Fiat tokens issued and fully backed by payment providers" - how is this going to work? can you give a practical example? do you talk to any payment providers about service integration?
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 16, 2016, 08:50:03 AM |
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for our vision.
mxxxxxx, can you try in one sentence to describe your vision? I know that's hard but I'd love to know! Waves team is building first production system on top of Scorex framework where Waves token will be the fuel of whole platform and all transactions happening there, from issuing the assets, through transfer, depositing and withdrawing other supported currencies on the platform. Focus is on custom asset creation, lite client, end-user, no blockchain download, decentralized exchange, asset-asset trading, fiat assets, working with payment providers from the start and being decentralized kickstarter at the same time. Other features and apps/plugins center will be appearing in meantime. Waves will have its own implementation of POS, its own transaction types, its own unique reputation system on the blockchain and many more things. Rewards will be distributed between all network users who have a balance, above full nodes, all lite client end-users will be able to lease their balance to full nodes and receive rewards also. So above Waves token being the fuel of the whole platform there will be also incentives from the network itself. We will develop own crosschain asset protocol for Waves-Ethereum assets and similar blockchains and we will integrate crosschain asset protocol from SuperNET as for Bitcoin blockchains also.
sasha35625 "We support the Mycelium vision of creating a full-scale blockchain-agnostic mobile wallet, and would like to help Mycelium team bring it even further - by providing not only cryptocurrency but also fiat transfers within their wallet service. We believe in a certain convergence of fiat and crypto in the long run, so this should be one of the first steps in this direction. We need to provide some kind of an open-blockchain solution that can be used by existing financial services in order to reduce costs and provide a certain level of decentralization for their users. Blockchain-powered fiat transfers will be used in variety of applications, including cross-border remittance, traditional online merchant payments, crowdfunding etc. The sky is the limit here."Can you elaborate little more on the following: -fiat assets -> what are they? more details please if possible... -working with payment providers from the start -> what payment providers? do you talk to any of them? -own implementation of POS -> what will be differences between regular POS and your implementation? -all lite client end-users will be able to lease their balance to full nodes and receive rewards also -> is this something like delegated harvesting in NEM? Fiat tokens issued and fully backed by payment providers, will be announced before gateways integreation. Tech paper will be available in late May/early June. Anyone who has balance above 0 will be able to get rewards from the network by hosting full node or leasing their balance. No idea about NEM. "Fiat tokens issued and fully backed by payment providers" - how is this going to work? can you give a practical example? For depositing/withdrawing fiat you will need to do KYC on fiat gateways that will be integrated. While depositing your fiat will be converted to proper fiat token. Next you can trade it for Waves token and other currencies, assets supported on the platform. For trading crypto only and trading fiat tokens only without depositing/withdrawing fiat on the platform no KYC needed. Waves fiat tokens will be also integrated in Mycelium wallet.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 16, 2016, 08:51:40 AM |
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do you talk to any payment providers about service integration?
Nope, that would be a mess if we would integrate all that contacted us.
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iambitcoin5
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May 16, 2016, 08:56:21 AM |
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Waves doing great so far! Will invest more BTC near end of ICO.
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110110101
Legendary
Offline
Activity: 1382
Merit: 1002
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May 16, 2016, 09:16:35 AM |
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Waves doing great so far! Will invest more BTC near end of ICO. The growth is steady with the expected spikes prior to each bonus reduction. It will be interesting to see whatever happens as we get closer to the end of the ICO. From the looks and feeling of the matter, new people are coming to Waves every day. Maybe more buzz with more partner announcements, tech paper release or other news will bring even more investors to the project. 15K BTC seems within reach with two weeks left of the investing period.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 16, 2016, 09:27:07 AM |
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Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
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May 16, 2016, 09:31:29 AM |
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Nice, is that Vitalik speaking?
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narielle
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May 16, 2016, 09:32:24 AM |
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nice.retweet. done!
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Dekker3D
Sr. Member
Offline
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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May 16, 2016, 09:32:53 AM |
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Waves doing great so far! Will invest more BTC near end of ICO. The growth is steady with the expected spikes prior to each bonus reduction. It will be interesting to see whatever happens as we get closer to the end of the ICO. From the looks and feeling of the matter, new people are coming to Waves every day. Maybe more buzz with more partner announcements, tech paper release or other news will bring even more investors to the project. 15K BTC seems within reach with two weeks left of the investing period. Waves devs have access to lots of BTC so there's no excuse this being a bust. I'll just wait for the waves to be launched and let the wave take me
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ICOcountdown.com
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May 16, 2016, 09:33:25 AM |
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Nice, is that Vitalik speaking? Yeah it's Vitalik, if WAVES does the same marketing strategies as Ethereum in the early days we will be winning, nice to see they are at the same conferences as him.
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electronicash
Legendary
Offline
Activity: 3164
Merit: 1052
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May 16, 2016, 09:38:33 AM |
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it really gets interesting upon seeing bitkaptal to operate on waves platform. https://bitcointalk.org/index.php?topic=1421572Waves doing great so far! Will invest more BTC near end of ICO. its not too late though but you should have bought more when there were still bonuses.
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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May 16, 2016, 10:54:02 AM |
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when can we expect trading to start july ?
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 16, 2016, 11:08:31 AM |
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when can we expect trading to start july ?
Right after the ICO.
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Devesh
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May 16, 2016, 12:11:31 PM |
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when can we expect trading to start july ?
Right after the ICO. So 16 more days left then before the ICO ends and we will see how waves will be used.
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prettybuds
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May 16, 2016, 12:19:29 PM |
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Very excited to be able to use and send around Waves soon. Oh yeah
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TrueAnon
Legendary
Offline
Activity: 1120
Merit: 1000
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May 16, 2016, 01:04:33 PM |
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Very excited to be able to dump Waves soon. Oh yeah
fixed for most peoples actions.
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110110101
Legendary
Offline
Activity: 1382
Merit: 1002
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May 16, 2016, 01:18:42 PM |
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Very excited to be able to dump Waves soon. Oh yeah
fixed for most peoples actions. Not saying anything about user prettybuds, but I would think that most people might consider selling of a bit to spread the risk or to gain a little profit if the price starts to go up. Solely dumping for the sake of it might not be the best of moves as the platform is brand new. Too early to say what will happen with the value in 6-12-24 months time. That said, I think I'll be holding on to my Waves
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barbierir
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May 16, 2016, 01:39:50 PM |
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For depositing/withdrawing fiat you will need to do KYC on fiat gateways that will be integrated. While depositing your fiat will be converted to proper fiat token. Next you can trade it for Waves token and other currencies, assets supported on the platform. For trading crypto only and trading fiat tokens only without depositing/withdrawing fiat on the platform no KYC needed. Waves fiat tokens will be also integrated in Mycelium wallet.
Please correct if I'm wrong: there will be special gateways that are "official" partners and they are expected to be the most trustworthy ones. At the same time anyone can create a gateway since (unlike Ripple) Wave is a fully decentralized blockchain. So it's up to the users to make due diligence in order to avoid scammers. The reputation system will help and I expect to see the emergence of rating services.
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