ERC20 vs waves

[Xenrise]

I am more on ERC20 coins, especially those coins that can be store at myetherwallet.com. Those coins are most likely going to pump. Unlike in the waves platform, not pumping once stored.

[dirgayeah]

if you want a familiar and trusted token you must choose ERC20.
based on ethereum technology this will become a strong security.
but the negative impact of this ERC20 are many developer now become lazy for develop their own token protocol.
so they just use ERC20 without any new innovation.

[TanyaDegurechaff]

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.

well you can't blame me for thinking that way. Although it's bad to generalize ICO's based on the platform but have you seen an ICO that's based on waves become more successful than the ones use ERC 20? or at least become successful to get known?

[Beicin]

I would go with ERC20 if you have the knowledge required to do it. The platform is much more adopted already and the developers are working nonstop to improve it. On waves you can't be sure it'll still be there a few years from now.

[thepo1m]

I don't think this is comparable, just look at the top 30 on coinmarketcap, 10 or more of the tokens there are ERC20 and there is a reason for this

[CryptoScorpio]

Not at all comparable.Waves tokens are easy to create so scammers will exists more in waves.ERC20 needs some skills so I prefer ERC20 tokens compared to waves.

[mdzahed134]

I recommended ERC20 because everybody like this method.On the other side Waves method is something difficult I mean not effective it is my personal opinion.I support ERC20.

[sujonali1819]

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?

I desire that ERC20 [etherneum based token] is more attractive to the investor than waves based Method.Now a days about 90 % of token are created by etherneum based because all the investor like it and easy to use.

[kahei626]

Is the acceptance of both ERC20 and waves great for an ICO project?

[Anita1873]

Nowadays ERC20 tokens is the trend of ICO's and mostly ICO's using ERC20 tokens against investment and some companies issue waves tokens but waves platform have very low volume. ERC20 tokens popularity is growing day by day and those tokens are easily tradable and have good volume. In my opinion, ERC20 tokens are good rather then waves tokens.

[ruffles2016]

ERC20 tokens are superior to Waves tokens. ERC20 tokens are basically more popular. And there are smart contract technology allows so many different things like decentralized exchanges. On the other hand Waves tokens are hard to trade.

[Darrylld]

Ok, I guess a better question is:

Not considering the investor/ trader part, just the consumer use part. If you went to Vegas, and downloaded a branded Android app, would it matter if the coin/ wallet/ exchange were built on waves api or with erc20?



I really appreciate this feedback, and most likely will go erc-20 route.

[shinharu10282016]

I would like to say it is a necessity for a token to be created in the ERC20 Platform.

Less fees, but as Vitalik said in his recent interviews, ETHEREUM is gonna be huge in the next years.

Cheers for that. lol

Well anything can go wrong but with smart contracts, all is good.

[SIHIN]

I see ERC20 growing rapidly in recent months in comparison with Waves which at this time the price is very far down. I do not know why their developers have no idea to bless their prices as well as their very quiet market.

[Xclusive5]

Investors like to invest in ERC 20 tokens these days compare to wave supported token. Ethereum network is faster than wave network.

[FissioncoinXpres]

Waves created tokens hardly find investor, while erc20 was a widely mass adopted! So the sign is pretty clear!
But I choose the other way!

[rjbtc2017]

If you want is market then choose ERC20, but I'd still prefer WAVES since i have experience on using it, specially on trading the token on DEX with a lot of TOKENS to choose from(with green check of their name, which means that TOKEN is verified).

[Coinve.st]

Ethereum has a larger community, more support, and more functionality as a platform.  Smart contracts were supposed to be released in Q3 for Waves but now they have pushed it back to Q2 of 2018.  That alone should convince you not to use Waves.  Additionally, look at the quality of projects on each platform.  Since it is so easy to create and deploy a token on Waves, there's been a lot of bad projects that have hurt the credibility of the platform. 

[Ponylon]

Waves is alright, but any serious projects will be using Ethereum (ERC20). Waves has its completely own ecosystem and it's not that flexible as ERC20 tokens are. ERC20 has already set the standard and it implements great updates and solutions (PoS coming soon, privacy centered transactions etc.) These are things that waves is lacking, and unless they implement similar things they will be left out of the race. Statistically, the majority of the projects use ERC20, which gives you a good idea (unbiased one) whether it's the best option or not. The usefulness of a product is usually reflected by it's adoption, and Ethereum has done until now a fantastic job in getting adopted by thousands of projects, and we see on a daily basis more and more joining the space. In my opinion, you'll be much better off using ERC20 - but you do need the know-how to create the smart contracts, which are not as necessary with Waves, it's up to you. It's a matter of implicity over quality in my opinion.

[yugyug]

what i dislike with waves is the initial amount to be funded when making coin transfer , it needs 30 USD to buy waves before you can do waves based tokens transactions, unlike erc20- ethereum based token, it only need at least .01ETH or 3 Usd to make token transaction as for GAS processing, and it only needs .001 ETH to filled-up that GAS to make token transfer, but that .001 are large enough for the gas it can make more than 100 token transactions unlike waves, every token transactions need .001 waves which more expensive to me.