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Author Topic: ERC20 vs waves  (Read 3133 times)
FutureC0in
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October 19, 2017, 11:28:22 PM
 #21

Waves is a bullshit, i would not create a token in their system because nobody is going to be interested in buying your tokens, better to use a erc20 token with a smart contract instead of being greedy and only pay $5 to create a token on Waves platform.. It is better to invest $500 and create a smart contract instead of making it a not-attractive investment for all the other people who see your ANN.
Good luck with it mate


This is a very strong words.
Anyway, I inevested on both waves and eth and I really wonder why the price difference is so huge.
ahmedjamal1998
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October 19, 2017, 11:33:44 PM
 #22

In my personal opinion based on experience and using both systems, I advise you to go for ERC-20 tokens.
The smart contracts system that Ethereum offers is much more developed and has a lot of opportunities to create more.

Plus creating a token there isn't really hard at all and even you can do it by yourself. Open source of tokens is available on the ether website. You just need to modify simple info like name, supply and decimals and you're ready to go (just assuming that you want to send a normal token that's going to be traded). It seriously won't cost you more than $50. But of course you can create a custom one which requires professionals.

Waves tokens aren't as popular as erc20. And its exchange isn't as active or easy as erc20 tokens. Take etherdelta for example. You can get your token listed in no time once you decide to add it.

Most, if not all, ICOs that are available right now are in ERC.
But at the end of the day, it's your project and your choice.
CryptosapienZA
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October 20, 2017, 01:52:03 AM
 #23

I don't know of a single successful project that has been built on waves. I think this is a no brainer. I would go for erc20 without a doubt. Instead of taking chances with waves. Maybe when waves has smart contracts, things will change but for now, ETH is the boss
rube08
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October 20, 2017, 01:56:37 AM
 #24

ERC20 can use smart contracts and create tokens.  They are more than a representation of property but can execute commands.  Waves token so far is only a representation of the token and can't do smart contracts.
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October 20, 2017, 02:25:19 AM
 #25

Waves is a bullshit, i would not create a token in their system because nobody is going to be interested in buying your tokens, better to use a erc20 token with a smart contract instead of being greedy and only pay $5 to create a token on Waves platform.. It is better to invest $500 and create a smart contract instead of making it a not-attractive investment for all the other people who see your ANN.
Good luck with it mate
Too many thrash coin that already created in the waves system, The waves platform just like useless. What is the benefit by using the waves platform? Less privacy, Less on its interest and another bad thing that linked to the waves.
Sasha just unprofessional person that raised a lot of money for nothing even dex just another fail.
You must try to think for a twice for that.

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HansWermhat
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October 20, 2017, 02:55:36 AM
 #26

Ethereum definitely has a higher barrier to entry, but you will get a much more flexible and customizable token. If you don't need that, then Waves would work fine.
Winner
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October 21, 2017, 02:17:13 AM
 #27

Hello,

I am creating a coin/ token and wondered, is there a downside to using waves to create it? Its only slightly easier to create vs an Ethereum based. We picked waves due to their DEX API, what does this community think?
You'd want to go with the one that has the most support. Waves doesn't have that many people trading their coin compared to Ethereum so the answer is pretty simple.


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naruto3590
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October 21, 2017, 02:33:19 AM
 #28

I think erc20 is preferable. There are a lot of junk tokens on waves, and it might be unfair, ERC-20 has quite a bit more support and standardization than waves. Grin
hawkins
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October 21, 2017, 02:51:44 AM
 #29

so far I only know about ERC20, and that is a very good coin, because sometimes big market, just accept coin with ERC20 system. well, but so far, I just know it right there. I have not learned about platform waves
thepo1m
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October 21, 2017, 04:50:46 AM
 #30

I don't think the OP need  more information on this, there is huge gulf between ERC20 and Waves, just tell me one project on Waves that is successful, none
Cryptolive
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October 21, 2017, 05:06:38 AM
 #31

I support ERC-20 tokens more than waves as Ethereum is technically advanced than the waves token creation. Waves is just a copy cat idea and don't have much to offer.

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Darrylld (OP)
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October 26, 2017, 07:44:32 PM
 #32

Thank you everyone for the replies, which tell me which way to go.

Our project is an Android based application with a wallet, exchange and record of transactions. We are developing this around the Las Vegas tourism market, which I have worked in for 9 years. When I started with waves I liked that they had an API that we could build into our app. The features we want to have include: Wallet, exchange, user area. I am at the point of buying a server to build a node, meaning real money. I am now going to look at some other options.




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October 26, 2017, 09:40:06 PM
 #33

I would prefer ERC20 instead of Waves
As ERC20 more popular
Built on Etherum
Have its exchanges to trade as etherdelta
With all my best wishes
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October 26, 2017, 09:41:47 PM
 #34

Hello,

I am creating a coin/ token and wondered, is there a downside to using waves to create it? Its only slightly easier to create vs an Ethereum based. We picked waves due to their DEX API, what does this community think?

ETRC20 have its shitcoin ethdelta exchange so is possible to dump very fast and you don't have to make ANY deal with exchange with bribing it.
SO to me ETH is no better there is no motion on waves echanges.

Request / 26th September / 2022 APP-06-22-4587
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October 26, 2017, 09:46:10 PM
 #35

I'm using Waves for my tokens but will have to wait until Waves release smart contracts before I can do all I need to.
Darrylld (OP)
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October 26, 2017, 10:46:43 PM
 #36

I'm using Waves for my tokens but will have to wait until Waves release smart contracts before I can do all I need to.

have you seen any pushback?
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October 26, 2017, 11:34:26 PM
 #37

Hello,

I am creating a coin/ token and wondered, is there a downside to using waves to create it? Its only slightly easier to create vs an Ethereum based. We picked waves due to their DEX API, what does this community think?
If you use waves I won't definitely invest in your ICO. The ICO's that used waves are the ones ended like crap in the end and many people lose interest in waves for the past months including me. It is true that waves are easier to use but that also makes it a risk because if anyone could easily use waves as their based many scam ICOs with no effort will choose it over Ethereum based token.

"Miracles are illusions caused by insufficient observation and understanding. They're just... glorious misunderstandings."
Darrylld (OP)
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October 26, 2017, 11:40:44 PM
 #38

Hello,

I am creating a coin/ token and wondered, is there a downside to using waves to create it? Its only slightly easier to create vs an Ethereum based. We picked waves due to their DEX API, what does this community think?
If you use waves I won't definitely invest in your ICO. The ICO's that used waves are the ones ended like crap in the end and many people lose interest in waves for the past months including me. It is true that waves are easier to use but that also makes it a risk because if anyone could easily use waves as their based many scam ICOs with no effort will choose it over Ethereum based token.

So the platform alone will determine if its a scam? That seems like quite the generalization.
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October 27, 2017, 12:05:34 AM
 #39

I like erc20 more than waves. In my experience erc20 tokens are more easy to trade than trading on wavesdex.

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October 27, 2017, 12:07:45 AM
 #40

most, large markets accept ERC20 than waves, so I might prefer to use an ERC20-based coin, because of its greater market reach, or better. but that's just my mind, maybe a lot of people are liking waves in the appeal of ERC20
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