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Author Topic: WAVES. Ultimate crypto-tokens blockchain platform.  (Read 2389182 times)
Mallyx
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June 14, 2017, 06:19:26 AM
 #40241

So my token can be delisted for any reason at Wave platform. This is bad. Decentralisation is number 1 in crypto or not?

Since the tokens still exist on the Waves blockchain, what's to stop somebody from building their own Waves DEX? It would obviously be separate from the official wallet but isn't the official wallet just a "client" for the DEX? Surely someone can code a DEX on Waves that has no filters.

Not sure to understand the questions.
On the node's config file you can setup a new genesis block among some other options to create easily your own blockchain based on Waves.
So yes, with some tricks anyone could create his own DEX on his own blockchain.
NorrisK
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June 14, 2017, 06:47:17 AM
 #40242

So my token can be delisted for any reason at Wave platform. This is bad. Decentralisation is number 1 in crypto or not?

Since the tokens still exist on the Waves blockchain, what's to stop somebody from building their own Waves DEX? It would obviously be separate from the official wallet but isn't the official wallet just a "client" for the DEX? Surely someone can code a DEX on Waves that has no filters.

Not sure to understand the questions.
On the node's config file you can setup a new genesis block among some other options to create easily your own blockchain based on Waves.
So yes, with some tricks anyone could create his own DEX on his own blockchain.

He doesn't mean create a new blockchain, but create a new marketplace on top of the blockchain to allow for coins to be traded that are not supported by the official DEX.

As far as I understand, the trading is still decentralized, it's just the trading pairs that can be moderated. Didn't even silk road moderate certain "goods" at one point?
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June 14, 2017, 07:12:46 AM
 #40243

So my token can be delisted for any reason at Wave platform. This is bad. Decentralisation is number 1 in crypto or not?

Since the tokens still exist on the Waves blockchain, what's to stop somebody from building their own Waves DEX? It would obviously be separate from the official wallet but isn't the official wallet just a "client" for the DEX? Surely someone can code a DEX on Waves that has no filters.

Not sure to understand the questions.
On the node's config file you can setup a new genesis block among some other options to create easily your own blockchain based on Waves.
So yes, with some tricks anyone could create his own DEX on his own blockchain.

He doesn't mean create a new blockchain, but create a new marketplace on top of the blockchain to allow for coins to be traded that are not supported by the official DEX.

As far as I understand, the trading is still decentralized, it's just the trading pairs that can be moderated. Didn't even silk road moderate certain "goods" at one point?
Why should anyone trading those coins? Where do you see the value in those coins?
I do not think, the devs would allowed that anyone create a new marketplace on top of the existing DEX

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June 14, 2017, 07:24:08 AM
 #40244

So my token can be delisted for any reason at Wave platform. This is bad. Decentralisation is number 1 in crypto or not?

Since the tokens still exist on the Waves blockchain, what's to stop somebody from building their own Waves DEX? It would obviously be separate from the official wallet but isn't the official wallet just a "client" for the DEX? Surely someone can code a DEX on Waves that has no filters.

Not sure to understand the questions.
On the node's config file you can setup a new genesis block among some other options to create easily your own blockchain based on Waves.
So yes, with some tricks anyone could create his own DEX on his own blockchain.

He doesn't mean create a new blockchain, but create a new marketplace on top of the blockchain to allow for coins to be traded that are not supported by the official DEX.

As far as I understand, the trading is still decentralized, it's just the trading pairs that can be moderated. Didn't even silk road moderate certain "goods" at one point?
Why should anyone trading those coins? Where do you see the value in those coins?
I do not think, the devs would allowed that anyone create a new marketplace on top of the existing DEX



I think it highly important to sort of moderate the tokens or assets created on WAVES DEX as there are lots of scam tokens to steal money from new innocent users. This is bad for crypto and especially for WAVES platform. I have already seen 2 to 3 fake assets trying to copy MobileGO on DEX. And 2 to 3 days back, we even had a fake  Ethereum on DEX! What the hell?!?

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Mallyx
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June 14, 2017, 07:26:03 AM
 #40245

So my token can be delisted for any reason at Wave platform. This is bad. Decentralisation is number 1 in crypto or not?

Since the tokens still exist on the Waves blockchain, what's to stop somebody from building their own Waves DEX? It would obviously be separate from the official wallet but isn't the official wallet just a "client" for the DEX? Surely someone can code a DEX on Waves that has no filters.

Not sure to understand the questions.
On the node's config file you can setup a new genesis block among some other options to create easily your own blockchain based on Waves.
So yes, with some tricks anyone could create his own DEX on his own blockchain.

He doesn't mean create a new blockchain, but create a new marketplace on top of the blockchain to allow for coins to be traded that are not supported by the official DEX.

As far as I understand, the trading is still decentralized, it's just the trading pairs that can be moderated. Didn't even silk road moderate certain "goods" at one point?
Why should anyone trading those coins? Where do you see the value in those coins?
I do not think, the devs would allowed that anyone create a new marketplace on top of the existing DEX



I think by tweaking the lite wallet you can create your own market place with selected markets.
But peoples will have to download it.

Quote
I think it highly important to sort of moderate the tokens or assets created on WAVES DEX as there are lots of scam tokens to steal money from new innocent users. This is bad for crypto and especially for WAVES platform. I have already seen 2 to 3 fake assets trying to copy MobileGO on DEX. And 2 to 3 days back, we even had a fake  Ethereum on DEX! What the hell?!?

They are working on unique asset names for the new release.
Should be soon.
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June 14, 2017, 07:28:13 AM
 #40246

FART/BTC now live on WAVES

"Monetize the gas that comes out of your a$$"

https://bitcointalk.org/index.php?topic=1965901.0
Mallyx
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June 14, 2017, 08:42:21 AM
 #40247

Why the "spams" tokens aren't that bad.

Let's start from the beginning...

1. Waves is a fee-market
Anyone can lease, it's easy and only require the user to hodl the coins.
No coins will be ever created. It mean that the total amount of available Waves can only decrease (= peoples losing their seed).
Leasing/mining is to collect fees only.

2. How fees are generated on the blockchain ?
Any transaction require a fee.
Creating a token require a fee.
Using the DEX require a fee.
Even the "spam" tokens generate some fees though the DEX or common transactions.

3. Leasing/mining rewards analysis
According to http://dev.pywaves.org/generators/, the last 24h generated a revenue of 2BTC.
A month ago it was around 1BTC.
But the total amount of coins used to lease/mine didn't moved a lot (stuck to 37M).
So the reward will continue to climb as the network generate more and more fees, also as the price per Waves is growing.
Even spam tokens are healthy for the networks.

4. How to fight those "spam" tokens ?
The issue is that peoples get lured or bored.
The Waves team is working on unique asset names. It's a first step.
Then, they should work on some filters on the lite client to hide/show the tokens we want or not.
The fee to create a token is good and shouldn't be increased. The more tokens we have, and the more the network will be valuable.

5. Conclusion
I'm happy to see Waves growing, even with the bad side of that grow.
It's important for miners/leasers to have new users that use the features I shown on 2.
Nat2021
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June 14, 2017, 10:31:34 AM
 #40248

Today Sasha Ivanov, CEO Waves, speaks about "investments or ICO" on Blockchain Conference Astana

https://bconference.kz/ru/#!schedule
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June 14, 2017, 10:36:46 AM
 #40249


Sasha can ignore these investors because nobody cares about 'other' people's money, just their own. This is why crypto adoption will take longer than some here expect, regular users are used to having fraudsters and scammers charged and prosecuted, and in the cryptosphere dishonesty goes unpunished, even when the dishonest activity is done out in the open for all to see.
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June 14, 2017, 11:10:31 AM
 #40250

I post, because I want to follow Waves bitcointalk. Don't mind me.
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June 14, 2017, 11:20:40 AM
 #40251

I post, because I want to follow Waves bitcointalk. Don't mind me.

You can just click the watch button if you want to follow the thread. It will show up in the watch list whenever someone post in this thread.
Regarding some token in the last day, i think we need some filter for those spam token. I agree that we should have the ability to hide some token we don't want.

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starff
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June 14, 2017, 11:21:11 AM
 #40252

Hi, guys.
Does the Waves have a legal entity in any country?
Thx.
GizmoHF
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June 14, 2017, 11:28:36 AM
 #40253

I post, because I want to follow Waves bitcointalk. Don't mind me.

You can just click the watch button if you want to follow the thread. It will show up in the watch list whenever someone post in this thread.
Regarding some token in the last day, i think we need some filter for those spam token. I agree that we should have the ability to hide some token we don't want.

I appreciate your help, thanks.
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June 14, 2017, 11:42:35 AM
 #40254

Why the "spams" tokens aren't that bad.

Let's start from the beginning...

1. Waves is a fee-market
Anyone can lease, it's easy and only require the user to hodl the coins.
No coins will be ever created. It mean that the total amount of available Waves can only decrease (= peoples losing their seed).
Leasing/mining is to collect fees only.

2. How fees are generated on the blockchain ?
Any transaction require a fee.
Creating a token require a fee.
Using the DEX require a fee.
Even the "spam" tokens generate some fees though the DEX or common transactions.

3. Leasing/mining rewards analysis
According to http://dev.pywaves.org/generators/, the last 24h generated a revenue of 2BTC.
A month ago it was around 1BTC.
But the total amount of coins used to lease/mine didn't moved a lot (stuck to 37M).
So the reward will continue to climb as the network generate more and more fees, also as the price per Waves is growing.
Even spam tokens are healthy for the networks.

4. How to fight those "spam" tokens ?
The issue is that peoples get lured or bored.
The Waves team is working on unique asset names. It's a first step.
Then, they should work on some filters on the lite client to hide/show the tokens we want or not.
The fee to create a token is good and shouldn't be increased. The more tokens we have, and the more the network will be valuable.

5. Conclusion
I'm happy to see Waves growing, even with the bad side of that grow.
It's important for miners/leasers to have new users that use the features I shown on 2.

Good or bad they should release a spam filter if they do that, it would be awesome in every way possible.
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June 14, 2017, 12:55:49 PM
 #40255

So what is happening with the whole Kraken thing? Are they going to list WAVES, and when?

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June 14, 2017, 12:57:57 PM
 #40256

What are the next milestones in the waves project?

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June 14, 2017, 01:30:19 PM
 #40257

If I lease all my WAVES I will receive WCT on every 15th day of month?
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June 14, 2017, 01:44:44 PM
 #40258

If I lease all my WAVES I will receive WCT on every 15th day of month?

You don't need to lease, just hodling is enough. You must hodl for the whole period to max your WCT.
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June 14, 2017, 01:59:50 PM
 #40259

Ios wallet error
Please
https://i.hizliresim.com/LnaazZ.png
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June 14, 2017, 02:02:54 PM
 #40260

FART/BTC now live on WAVES

"Monetize the gas that comes out of your a$$"

https://bitcointalk.org/index.php?topic=1965901.0

This is very funny, well with all the gas going on, we needed this new token rofl. I will go check it out in a little while. Also I am holding 234 WAVES for the long term so will I get WAVES COMMUNITY TOKEN in the next airdrop?  Smiley


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DeFi on Tron
and trustless token exchange
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JOIN OIKOS

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