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Author Topic: I'm betting on Waves to become the best platform for smart contracts  (Read 100 times)
GoBelle (OP)
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May 08, 2018, 06:33:50 AM
 #1

As always do your own research..but this is my informed opinion after tons of research.

Reasons why I'm bullish on Waves:

1. It's the only decentralized exchange that has fiat gateways.                                                                           
                                                                           
2. Their smart contracts are working right now on the testnet, and they'll have Turing-complete smart contracts on the mainnet by the end of the year.                                                                           
                                                                           
3. Its consensus algorithm, LPoS, does more than 100tps right now, and this number can be expanded greatly (it's actually the only crypto-project using LPoS; it has shown that it can stay decentralized).                                                                           
                                                                           
4. Transaction costs are very low and this won't change, because the fee is fixed. Right now they cost around $0.0045 per transaction, therefore with $1 you can do 222 transactions.                                                                           
                                                                           
5. The token creation is done via their main client, which is actually by far the most user friendly and featured wallet out there. Just try it and you'll probably end up agreeing with me.                                                                           
                                                                           
6. It does not use Proof of Work, for anything, therefore it's environmentally friendly.                                                                           
                                                                           
7. They have extremely active software development: https://github.com/wavesplatform/ - 36 repositories, half of which have had code added in the past week.                                                                           
                                                                           
                                                                     
StickySteeez
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May 08, 2018, 06:35:13 AM
 #2

Waves is starting to get outdated, their DEX lacks sufficient pairing and their overall price is just enormously hyped. I would take a look at universa for smart contracts.

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NeuroticFish
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May 08, 2018, 06:40:39 AM
 #3

I don't feel like Waves is hyped, at least not when I look at Ethereum Smiley
All in all, the competition comes and the best platforms for smart contracts will survive.
It doesn't have to be one. And we don't have to forget that Ethereum has the advantage of being the first, advantage that will still be there for some time.

If done right, Waves, universa (it's the first time I read about this) and others will have a good place and a good share of the market.

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Simayi
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May 08, 2018, 06:45:57 AM
 #4

I don't know about the advantages of waves, but they are worthless on the tokens I know about waves, and I haven’t seen any successful tokens on waves so far.

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Pump N Dead
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May 09, 2018, 05:07:41 AM
 #5

Those reasons are not enough to overtake Ethereum. The only clear right now is Ethereum have more successful token that being produced compared to Waves that there was no popular token that are being produce right now.
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May 09, 2018, 05:29:35 AM
 #6

Okay loads of good things here but the reality is everyone going other way round and asking for the ether platform to ease themselves. This is why mostly we see more than eighty percent of the projects evolving on the ETH smart contracts and not in the waves, kick etc etc.

It's all about the ETH these days and as long as ICO creators are giving preference to this platform then ETH base will also grow strong eventually. Not the waves.

Off course all your points are true one.
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May 09, 2018, 07:10:51 AM
 #7

Waves is starting to get outdated, their DEX lacks sufficient pairing and their overall price is just enormously hyped. I would take a look at universa for smart contracts.

I read somewhere Mcafee is going to use Universa as the platform for the Mcafeecoin ICO which should give it plenty of attention

Universa has a relatively low marketcap and the masternodes are still quite cheap

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