dolores12
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December 28, 2016, 08:30:31 PM |
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THERE WILL BE ......
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BrainShutdown
Legendary
Offline
Activity: 1052
Merit: 1004
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December 28, 2016, 10:01:36 PM |
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Why 15k and not 10k? I still believe
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CoinMode
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December 28, 2016, 11:06:42 PM Last edit: December 28, 2016, 11:39:50 PM by CoinMode |
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Waves community tokenWaves platform is all about custom application tokens and community based projects. Now, once we have basic token functionality, we start building crowdintelligence-based mechanisms for projects approval and screening. It should engage the community to monitor and vet the upcoming projects, and provide more exposure to valid projects. You might consider it to be some sort of DAO with enhanced security through a certain degree of centralization. The Waves Community Token (WCT) is intended to provide a tool for community assessment of crowdfunding campaigns launched on the Waves platform and incentivize long-term holding by providing an additional income stream for WAVES token holders in the form of regular asset distributions. WCT will be a virtual community organization. It will be launched in several stages based on the technical maturity of the Waves platform. Projects launching tokens on the Waves platform can request different services, exchanging these for a certain share of their overall token issue, which will be distributed to WCT asset holders as rewards. Services include: - Business side verification - Proof of Concept verification - Token specs advice - Help with testing - Help with product and services integration - An introduction to community Based on current functionality the first stage of asset implementation will be as follows: WCT will be distributed in stages over a period of 9 months to all Waves holders excluding exchanges. Distribution will take place on the 15th of each month based on a snapshot of WAVES balances. 20% of all WCT assets will be distributed in the first month, with 10% distributed each subsequent month. In this way WCT will constantly add value to all active holders. The next phase of WCT operation will involve using the upcoming voting functionality. WCT holders will be able to vote for different projects. This will provide some level of community-based KYC and screening.Thus WCT aims to reward long-term holders, incentivise community engagement and provide added value to new projects hosted on the Waves platform. The first distribution of 20% of all WCT tokens will take place on January, 15 2017. It will be distributed to all waves addresses excluding exchanges proportional to their balance. https://blog.wavesplatform.com/waves-community-tokens-e9e8b5db0b49#.tntto4bcd Weird concept. Why can't Waves do all the above? Distribution of a voting token is a way to target the specific portion of investors who are engaged enough to care about the issues surrounding WAVES. Many have never actually made a transaction to or from a wallet. Lots of coins have been purchased on exchanges without being sent anywhere. The people who own those WAVES are much less likely to follow news or have any interest in the goings on around the ecosystem. By issuing tokens to active members of the community you will have a bigger chance of them being used by informed individuals who can make better decisions in the voting process. Somebody who just buys a few and leaves them sitting in an account somewhere probably isn't the type whose votes would be very beneficial. This is a simple method of doing vote qualifications which will positively impact the effectiveness of the electorate. Don't listen to the trolls who have no idea what they are talking about in this thread. They said full nodes would never be released. Price was supposed to be around $0.01 by now. Nobody involved has a clue about advertising even though they got more initial funding than Ethereum. Financials supposedly look horrible even with 20,000 BTC still provably sitting in reserve with about $5million in liquid cash and a burn rate of barely over $100,000/month. They talk crap for one of three reasons: 1) They are paid to shill against WAVES for the benefit of a competing crypto 2) They own some altcoins and want the money invested in WAVES to flow into other blockchains or 3) They are slowly accumulating for themselves and want the lowest buy-in price possible. Even the most deranged troll wouldn't waste time coming to a boring site like bitcointalk unless money was involved. There are really just two bad things that have happened thus far in the project. One is a minor issue that is being blown way out of proportion and the other is actually a problem. Sasha sent out two tweets about Poloniex, one critical and another rude, about them not taking on WAVES yet. Trolls are treating it like he was throwing around racial slurs and calling for murder. Since then he has apologized and not repeated the mistake. As much as some would like us to judge people and companies by one or two inappropriate tweets it is my choice to not let social media control my decisions to such a degree. The other bad move has been the announcement of deadlines that were not upheld. I can forgive the initial road map being changed because I've been around long enough to see how unpredictable the development of this type of technology can be at times. What makes this a serious issue is that new deadlines were set and also not upheld. When I first looked into WAVES there was a big question about whether or not anything would ever come to fruition. Was this all just a scam? Are they going to take the BTC and head for the Caribbean like some were saying? We found out that wasn't the case and there is actually a team of employees in Russia and other countries working to build what was promised. Why do I care about any of this? Because I decided to start trading crypto four years ago and knew right from the start that the biggest missing piece of the puzzle was decentralized exchanges. Luckily I didn't lose any coins in Mt.GOX but unfortunately lost some due to other hacked exchanges. It is preposterous that we are forced to hold in online wallets just to be able to trade what is supposed to be a decentralized digital asset. There have been previous attempts to make a DEX but all have failed thus far. Sasha had a great idea in that you can have a centralized matching engine with decentralized settlements. Not only does this mean your coins can't be stolen out of their wallet but it is also a way to avoid the extremely tight limits on withdrawals. Right now the largest altcoin exchange, Poloniex, has a $25,000 per day maximum limit and that is only if you give them your ID and SSN. That's absolutely ridiculous considering there are whales on there right now putting up buys and sells for thousands of BTC at a time. It would take you over a month just to get 1,000BTC out of there and possibly several months for some of the larger whales. Decentralized exchanges are badly needed if bitcoin or any cryptocurrency is ever going to make good on the concept of a worldwide decentralized economy. Is WAVES going to be the platform to do it right? I don't know, but they have the best approach so far. I couldn't give a damn about a couple tweets and some non-critical scheduling blunders. Go take a look at the competition. BitSquare or the DEX running on Ethereum are plain awful which is why their volume is just a few thousand dollars per day even though they've been operating for months already. I'd love to be able to use them but they just don't offer the tools that traders want. Hopefully WAVES or something else can pull through. Either way, don't let whiny, vitriolic trolls affect your decisions.
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jwiz168
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December 28, 2016, 11:08:03 PM |
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It is kinda disheartening to see how waves token is performing at the market. Now below ICO how can investors have confidence on this. The flip side is newcomers will have the opportunity to buy waves so cheap.
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CrowdFunder
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December 28, 2016, 11:23:06 PM |
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It is kinda disheartening to see how waves token is performing at the market. Now below ICO how can investors have confidence on this. The flip side is newcomers will have the opportunity to buy waves so cheap.
It's ok Sasha said he would support the price. With barely any buys at the beginning. He also said 30k btc he does not need. I mean 25k btc are sitting. It's ok too. Everything is alright, it's such a great buy in opportunity also think Sasha.
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lestherat
Legendary
Offline
Activity: 986
Merit: 1001
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December 28, 2016, 11:49:26 PM |
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Stop crying trolls and fudsters. Waves is doing awesome check other coins for example Synereo AMP from 40k ico price now 3500 sats, just imagine if you bought 10 btc of AMP, now you have 1 btc worth. So, yes, Waves is not doing bad with Btc at 1000 usd
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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December 29, 2016, 12:18:38 AM |
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Stop crying trolls and fudsters. Waves is doing awesome check other coins for example Synereo AMP from 40k ico price now 3500 sats, just imagine if you bought 10 btc of AMP, now you have 1 btc worth. So, yes, Waves is not doing bad with Btc at 1000 usd That is a good example with AMP but how much lower are we heading before BTC stops.. I think most alts are going to keep heading down for the time being, Waves being one.
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GEO, RLC & QRL.
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CoinMode
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December 29, 2016, 02:16:54 AM |
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Waves community tokenWaves platform is all about custom application tokens and community based projects. Now, once we have basic token functionality, we start building crowdintelligence-based mechanisms for projects approval and screening. It should engage the community to monitor and vet the upcoming projects, and provide more exposure to valid projects. You might consider it to be some sort of DAO with enhanced security through a certain degree of centralization. The Waves Community Token (WCT) is intended to provide a tool for community assessment of crowdfunding campaigns launched on the Waves platform and incentivize long-term holding by providing an additional income stream for WAVES token holders in the form of regular asset distributions. WCT will be a virtual community organization. It will be launched in several stages based on the technical maturity of the Waves platform. Projects launching tokens on the Waves platform can request different services, exchanging these for a certain share of their overall token issue, which will be distributed to WCT asset holders as rewards. Services include: - Business side verification - Proof of Concept verification - Token specs advice - Help with testing - Help with product and services integration - An introduction to community Based on current functionality the first stage of asset implementation will be as follows: WCT will be distributed in stages over a period of 9 months to all Waves holders excluding exchanges. Distribution will take place on the 15th of each month based on a snapshot of WAVES balances. 20% of all WCT assets will be distributed in the first month, with 10% distributed each subsequent month. In this way WCT will constantly add value to all active holders. The next phase of WCT operation will involve using the upcoming voting functionality. WCT holders will be able to vote for different projects. This will provide some level of community-based KYC and screening.Thus WCT aims to reward long-term holders, incentivise community engagement and provide added value to new projects hosted on the Waves platform. The first distribution of 20% of all WCT tokens will take place on January, 15 2017. It will be distributed to all waves addresses excluding exchanges proportional to their balance. https://blog.wavesplatform.com/waves-community-tokens-e9e8b5db0b49#.tntto4bcd You say that WCT will only be distributed to holders with WAVES in a non-exchange wallet. Does that also include those who haven't bothered to move their coins from the ICO wallet? If they can't be bothered to even do that then it shows the same lack of involvement, perhaps even more so, as those who haven't taken a few minutes to move coins off of an exchange. It requires maybe a few minutes to move coins into long term storage and if you are too lazy to do that then I wouldn't want you to vote.
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Twiggy Smile
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December 29, 2016, 04:03:28 AM |
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Waves community tokenWaves platform is all about custom application tokens and community based projects. Now, once we have basic token functionality, we start building crowdintelligence-based mechanisms for projects approval and screening. It should engage the community to monitor and vet the upcoming projects, and provide more exposure to valid projects. You might consider it to be some sort of DAO with enhanced security through a certain degree of centralization. The Waves Community Token (WCT) is intended to provide a tool for community assessment of crowdfunding campaigns launched on the Waves platform and incentivize long-term holding by providing an additional income stream for WAVES token holders in the form of regular asset distributions. WCT will be a virtual community organization. It will be launched in several stages based on the technical maturity of the Waves platform. Projects launching tokens on the Waves platform can request different services, exchanging these for a certain share of their overall token issue, which will be distributed to WCT asset holders as rewards. Services include: - Business side verification - Proof of Concept verification - Token specs advice - Help with testing - Help with product and services integration - An introduction to community Based on current functionality the first stage of asset implementation will be as follows: WCT will be distributed in stages over a period of 9 months to all Waves holders excluding exchanges. Distribution will take place on the 15th of each month based on a snapshot of WAVES balances. 20% of all WCT assets will be distributed in the first month, with 10% distributed each subsequent month. In this way WCT will constantly add value to all active holders. The next phase of WCT operation will involve using the upcoming voting functionality. WCT holders will be able to vote for different projects. This will provide some level of community-based KYC and screening.Thus WCT aims to reward long-term holders, incentivise community engagement and provide added value to new projects hosted on the Waves platform. The first distribution of 20% of all WCT tokens will take place on January, 15 2017. It will be distributed to all waves addresses excluding exchanges proportional to their balance. https://blog.wavesplatform.com/waves-community-tokens-e9e8b5db0b49#.tntto4bcd You say that WCT will only be distributed to holders with WAVES in a non-exchange wallet. Does that also include those who haven't bothered to move their coins from the ICO wallet? If they can't be bothered to even do that then it shows the same lack of involvement, perhaps even more so, as those who haven't taken a few minutes to move coins off of an exchange. It requires maybe a few minutes to move coins into long term storage and if you are too lazy to do that then I wouldn't want you to vote. All ICO payments are always come from this (Waves Genesis) address - http://wavesexplorer.com/address/3PAWwWa6GbwcJaFzwqXQN5KQm7H96Y7SHTQSo, those members who still have not withdrawn their ICO tokens will not be able to participate in WCT.
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CoinMode
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December 29, 2016, 04:17:08 AM |
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Waves community tokenWaves platform is all about custom application tokens and community based projects. Now, once we have basic token functionality, we start building crowdintelligence-based mechanisms for projects approval and screening. It should engage the community to monitor and vet the upcoming projects, and provide more exposure to valid projects. You might consider it to be some sort of DAO with enhanced security through a certain degree of centralization. The Waves Community Token (WCT) is intended to provide a tool for community assessment of crowdfunding campaigns launched on the Waves platform and incentivize long-term holding by providing an additional income stream for WAVES token holders in the form of regular asset distributions. WCT will be a virtual community organization. It will be launched in several stages based on the technical maturity of the Waves platform. Projects launching tokens on the Waves platform can request different services, exchanging these for a certain share of their overall token issue, which will be distributed to WCT asset holders as rewards. Services include: - Business side verification - Proof of Concept verification - Token specs advice - Help with testing - Help with product and services integration - An introduction to community Based on current functionality the first stage of asset implementation will be as follows: WCT will be distributed in stages over a period of 9 months to all Waves holders excluding exchanges. Distribution will take place on the 15th of each month based on a snapshot of WAVES balances. 20% of all WCT assets will be distributed in the first month, with 10% distributed each subsequent month. In this way WCT will constantly add value to all active holders. The next phase of WCT operation will involve using the upcoming voting functionality. WCT holders will be able to vote for different projects. This will provide some level of community-based KYC and screening.Thus WCT aims to reward long-term holders, incentivise community engagement and provide added value to new projects hosted on the Waves platform. The first distribution of 20% of all WCT tokens will take place on January, 15 2017. It will be distributed to all waves addresses excluding exchanges proportional to their balance. https://blog.wavesplatform.com/waves-community-tokens-e9e8b5db0b49#.tntto4bcd You say that WCT will only be distributed to holders with WAVES in a non-exchange wallet. Does that also include those who haven't bothered to move their coins from the ICO wallet? If they can't be bothered to even do that then it shows the same lack of involvement, perhaps even more so, as those who haven't taken a few minutes to move coins off of an exchange. It requires maybe a few minutes to move coins into long term storage and if you are too lazy to do that then I wouldn't want you to vote. All ICO payments are always come from this (Waves Genesis) address - http://wavesexplorer.com/address/3PAWwWa6GbwcJaFzwqXQN5KQm7H96Y7SHTQSo, those members who still have not withdrawn their ICO tokens will not be able to participate in WCT. This is the right way to do it. Perhaps you could add this to the official or the future announcements regarding WCT? All it says it that people with WAVES that are not on exchanges will not get voting tokens. The ICO wallet is technically not on an exchange, right?
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kingorbust
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December 29, 2016, 04:18:47 AM |
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I wonder if BTC will dump after it reaches 1000. What if this is just resistance point and once it goes over 1000 there is no limit? Bad for all alts.
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KyLins
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December 29, 2016, 04:20:31 AM |
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Will be built into a gateway for CNY
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ecawyna
Sr. Member
Offline
Activity: 294
Merit: 250
🌟 æternity🌟 blockchain🌟
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December 29, 2016, 04:44:05 AM |
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Some project collect waves for their ICOs and BITTREX is the only place they can cash out. Without other "big" exchange with high volume and liquidity. Waves can not grow.
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Coin.millionair
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December 29, 2016, 04:52:57 AM |
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I think waves undervalued now, it is great project and the next year we should see the real price
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Qtum | | ▄██▄▄▄▄▄▄▄▄▄██▄ ▄███▄ ▄███▄▄ ▄▄█▀▀█ ▀█▄ ▄█▀ █ ▀▀█▄ ▄█▄█▀ ▄█▀ █████ ▀█▄ ▀█▄█▄ ████▄███▄▄▄▄▄▄█████▄▄▄▄▄▄███▄████ ▄██ ███ █████ ███ ██▄ █ █ ▄█▀█▄ ▄█ █▄ ▄█▀█▄ █ █ ▐█ █ ▄█ █▄ ██ ██ ▄█ █▄ █ ▐▌ ██▌ ███ ████ ████ ███ ▐██ ▀█▀▀███▀▀▀▀▀████▀▀▀▀▀▀▀████▀▀▀▀▀███▀▀██ ▐█ █ █▄ ▄█ █▄ ▄█ █▄ ▄█ █ █▌ █ █ ▀███▀ ▀█ █▀ ▀███▀ █ █ ███ ███ █████ ███ ███ ▀████████▀▀▀▀▀█████▀▀▀▀▀████████▀ ███▄ █ █▀▀▀█ █ ▄███▄ ▀█▄▄██ ▄█▀ ▀█▄ ██▄▄█▀ ▀████▄ ▀██████ █████▀ █████ ▀██▀▀▀▀▀▀▀▀▀██▀ ▀███▀
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St.Stephan
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December 29, 2016, 06:31:40 AM |
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I think waves undervalued now, it is great project and the next year we should see the real price
Next year we will certainly see more newsletters and cool greenish see through photoshop thingies with waves themes superimposed. This a big step up from 2016, which was marked by newslettters and cool dungeons and dragons style waves trading cards. Maybe some animated waves gifs in the pipeline for 2018. Holdr.
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a29654
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December 29, 2016, 07:23:25 AM |
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Can anyone help me understand the difference between komodos decentralized exchange and waves decentralized exchange?
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CoinMode
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December 29, 2016, 08:23:13 AM |
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Can anyone help me understand the difference between komodos decentralized exchange and waves decentralized exchange?
The differences in what tools they will offer to traders is not clear. WAVES plans on doing margin trading and lending in addition to straight buys and sells. The real difference between the two will come from the underlying technology. Komodo sends its blockchain onto the bitcoin blockchain using special types of transactions. They do this through a system of notary nodes but exactly what type of transactions these are is unclear. They will be using the Equihash algorithm which is the one ZCash employs while WAVES is using Scorex. Komodo is also borrowing the zero-knowledge proofs from ZCash for anonymous transfers. I haven't seen any documentation on how their trading engine is supposed to operate. From the looks of it Komodo doesn't seem to have much transparency. They've promised some things that sound good but when you go their website it seems very, very sketchy. The lead developer was working on the SuperNET project which did an ICO in 2014 and has yet to deliver anything functional. The lead GUI dev is some guy named "Boogieman" and I can't tell who he is from the cartoon drawing of him. Who is he? You can't make this stuff up. https://komodoplatform.com/#tab-id-2The whole project looks like a joke or a scam. Though WAVES development has been far from perfect at least I know who in the hell is working on it. They have a real team in a real office that is really working on something. Komodo presents as though it could be pulled off by a single lead developer who hired a graphic artist for a couple days to make some logos and a website before paying for a few articles and ads on some cryptocurrency news site. The ideas behind it sound intriguing but the track record of the one person attached to it whom I can actually identify plus the total lack of transparency is really bad. I'm certainly not ready to get cozy and go all in with WAVES, but at the same time I won't be touching any Komodo with a ten foot pole.
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DanDan
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December 29, 2016, 10:24:14 AM |
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Some project collect waves for their ICOs and BITTREX is the only place they can cash out. Without other "big" exchange with high volume and liquidity. Waves can not grow.
You must be new to waves. The ceo has a plan top take over all exchanges and make waves the biggest ever. Just keep waiting and you will hear more about it.
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.BITSLER. | ▄███ ▄████▀ ▄████▀ ▄████▀ ▄██▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▄████▄ ▄████▄ ▀████▄ █████ ██████ ██████ █████ ▀████▄ ▀████▀ ▀████▀ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄▄████▀ ▀██████▀ ▀▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ ▄▄▄▄▀▀▀▀ ▄▄█▄▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▀▄▄ ▀█▀▀ ▄ ▀████ ▀▀▄ █ █▄ ▀▄ ▀████ ▀▀ ▄██▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▀▀ ▀▄▄ ▀████ ▄▄▄▀▀▀ █ █ ▄ ▀▄ ▄▄▄▀▀▀ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▄▄ ███ ▀██ █ ▀▀ █ █ ███ ▀██ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▄ █ ▀▀ █ ▀▀▄ ███▄ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▄ █ ▀▀▄▄▄▀▀▀ ▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀ | | | | ▄▄▄██████▄▄▄ ▄▄████████████████▄▄ ▄██████▀▀▀▀▀▀▀▀▀▀██████▄ ▄ ▄█████▀ ▀█████▄ ██▄▄ █████▀ ▄ ▀█████ ████████ ▄██ █████ ████████▄ ███▀ ████▄ █████████▀▀ ▄███▀ █████ █▀▀▀ █████ █████ ▄▄▄ ████ █████ █████ ▀▀ ████▀ █████ █████ █████▄ ▄█████ ▀█████▄ ▄█████▀ ▀██████▄▄▄▄▄▄▄▄▄▄██████▀ ▀▀████████████████▀▀ ▀▀▀██████▀▀▀ | | | | ▄▄▄███████▄▄▄ ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄ █▀▀ ▄█████████████▄ ▀▀█ █▀▀ ███████████████████ ▀▀█ █▀ ███████████████████████ ▀█ █▀ ███████████████▀▀ ███████ ▀█ ▄█▀ ██████████████▀ ▀█████ ▀█▄ ███ ███████████▀▀ ▀▀██ ███ ███ ███████▀▀ ███ ███ ▀▀▀▀ ███ ▀██▄ ▄██▀ ▀█▄ ▀▀ █▄ █▄▄▄▄▄▄▄▄▄█ █▄ ▀█████████▀ ▀█▄ ▀▀▀▀▀▀▀ ▀▀█▄▄ ▄▄▄ ▀▀█████ | | | [ | | ] |
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PondSea
Legendary
Offline
Activity: 1428
Merit: 1000
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December 29, 2016, 10:53:13 AM |
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Can anyone help me understand the difference between komodos decentralized exchange and waves decentralized exchange?
The differences in what tools they will offer to traders is not clear. WAVES plans on doing margin trading and lending in addition to straight buys and sells. The real difference between the two will come from the underlying technology. Komodo sends its blockchain onto the bitcoin blockchain using special types of transactions. They do this through a system of notary nodes but exactly what type of transactions these are is unclear. They will be using the Equihash algorithm which is the one ZCash employs while WAVES is using Scorex. Komodo is also borrowing the zero-knowledge proofs from ZCash for anonymous transfers. I haven't seen any documentation on how their trading engine is supposed to operate. From the looks of it Komodo doesn't seem to have much transparency. They've promised some things that sound good but when you go their website it seems very, very sketchy. The lead developer was working on the SuperNET project which did an ICO in 2014 and has yet to deliver anything functional. The lead GUI dev is some guy named "Boogieman" and I can't tell who he is from the cartoon drawing of him. Who is he? You can't make this stuff up. https://komodoplatform.com/#tab-id-2The whole project looks like a joke or a scam. Though WAVES development has been far from perfect at least I know who in the hell is working on it. They have a real team in a real office that is really working on something. Komodo presents as though it could be pulled off by a single lead developer who hired a graphic artist for a couple days to make some logos and a website before paying for a few articles and ads on some cryptocurrency news site. The ideas behind it sound intriguing but the track record of the one person attached to it whom I can actually identify plus the total lack of transparency is really bad. I'm certainly not ready to get cozy and go all in with WAVES, but at the same time I won't be touching any Komodo with a ten foot pole. I would do some research before spouting crap.... James has been working on Supernet/Komodo for the last 2 years and is one of the true pioneers of the crypto sphere. He also gave/inspired the idea that Sasha turned into Waves. Waves will also be using Jame's tech (Multigateway) or a variation to build its proxy asset exchange/fiat gateways. So you should be thankful for the "scammer" that is jl777 for his contribution to the Waves Platform.
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dolores12
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December 29, 2016, 11:02:33 AM |
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Can anyone help me understand the difference between komodos decentralized exchange and waves decentralized exchange?
The differences in what tools they will offer to traders is not clear. WAVES plans on doing margin trading and lending in addition to straight buys and sells. The real difference between the two will come from the underlying technology. Komodo sends its blockchain onto the bitcoin blockchain using special types of transactions. They do this through a system of notary nodes but exactly what type of transactions these are is unclear. They will be using the Equihash algorithm which is the one ZCash employs while WAVES is using Scorex. Komodo is also borrowing the zero-knowledge proofs from ZCash for anonymous transfers. I haven't seen any documentation on how their trading engine is supposed to operate. From the looks of it Komodo doesn't seem to have much transparency. They've promised some things that sound good but when you go their website it seems very, very sketchy. The lead developer was working on the SuperNET project which did an ICO in 2014 and has yet to deliver anything functional. The lead GUI dev is some guy named "Boogieman" and I can't tell who he is from the cartoon drawing of him. Who is he? You can't make this stuff up. https://komodoplatform.com/#tab-id-2The whole project looks like a joke or a scam. Though WAVES development has been far from perfect at least I know who in the hell is working on it. They have a real team in a real office that is really working on something. Komodo presents as though it could be pulled off by a single lead developer who hired a graphic artist for a couple days to make some logos and a website before paying for a few articles and ads on some cryptocurrency news site. The ideas behind it sound intriguing but the track record of the one person attached to it whom I can actually identify plus the total lack of transparency is really bad. I'm certainly not ready to get cozy and go all in with WAVES, but at the same time I won't be touching any Komodo with a ten foot pole. YOU ARE FULL OF SHIT !!!!!!
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THERE WILL BE ......
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