About WAVES

WAVES is a blockchain platform designed for building decentralised applications and custom digital assets. It was launched in 2016 by Russian physicist Alexander Ivanov. The WAVES platform is known for its user-friendly interface that allows anyone to create, trade, and exchange custom digital assets without any programming knowledge. The WAVES platform uses a hybrid consensus mechanism known as Leased Proof of Stake (LPoS), which allows token holders to lease their tokens to full nodes and receive a share of the block rewards. This makes it easier for smaller token holders to participate in the network and earn rewards. The WAVES token is the native cryptocurrency of the platform and is used to pay for transaction fees and create new custom tokens. The platform also has a decentralised exchange (DEX) built-in, where users can trade WAVES and other custom tokens. The team behind WAVES has also developed a range of tools and APIs to help developers build and deploy decentralised applications on the platform. WAVES is based in Switzerland and has a global community of developers and users.