Waves Release Event, Amsterdam (13-12-2017)

in waves •  7 years ago 

I just came back from the Waves Release Event in Amsterdam. In this post I would like to share with you some important information that I took away from the event.

Waves, current state

  1. Waves is around 1.5 billion in market cap, and is a "unicorn".
  2. Waves-NG will go live on December 22nd, which will scale its operations to 100 trx/s. It will make the blockchain more usable for real-world applications (eg. loyalty programs).
  3. Waves has a rebrand. Its logo looks more business like, and "cooler".
  4. Waves has partnerships with Deloitte and other leading law firms in the world. The partnership will result in a self-regulatory body for ICOs. The project is called Better Tokens, www.bettertokens.org. The goal is to provide better rules and regulations regarding ICOs to protect investors from scammers and low-quality crypto projects.
  5. New Waves client is released today. You can store fiat currencies, and transfer Euros and Dollars. It looks more like a bank application.
  6. In addition you can trade cryptocurrencies in a decentralized way, and create your own tokens.

Roadmap, Q1 2018

  1. Non-Turing complete smart contracts for the development of open blockchains that can compete with Ethereum's smart contracts.
  2. Will have hardware wallets.
  3. Sascha Ivanov believes that voting on the blockchain will be a huge thing going forward. Waves will have decentralized voting so that people can for example rate ICO projects on Waves. We will also see decentralized rating agencies on Waves.
  4. Messaging will be available as well.

Roadmap, Q2 2018

  1. Atomic Swaps so that cryptocurrencies can directly move from one blockchain to another when trading.

Roadmap, Q3 2018

  1. Off-chain messaging.
  2. The implementation of off-chain protocols that will allow 1000s of trx/s.

Roadmap, Q4 2018

  1. Have a lite clients.
  2. Turing-complete smart contracts for distributed computations. Waves smart contracts can be coded in any language.

In addition

  1. The physical presence of Waves will be expanded extensively. There will be Waves offices in partnership with Primalbase: Moscow, Amsterdam, New York, Berlin, Seoul, and more to come.
  2. Waves will have a Waves Lab from next week on. It will help finance and launch new blockchain projects. It provides self-regulatory guidelines and funds for new projects.
  3. Tokenomica has been approved by the Monetary Authority of Singapore several days ago. It is the first investment bank on the blockchain, and helps a startup to do a full ICO in a compliant way. It will be launched by February/March 2018.

If you enjoy reading this article, please consider following me. I mainly write about philosophy, economics, and my travels.

Follow me @chhaylin

E-mail: [email protected]

Wordpress: www.chhaylinlim.wordpress.com

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hopefully this is true, and hopefully victorious with high expectations

Yes, I hope Waves can fulfill its promise.

Aameen😇

Yes yes ! GO Waves! I can't explain why exactly, but I have super high hopes for this platform

Thank you for your comment. Follow them on Twitter and don't miss any news. :)

Thank you for the tip 🤗

I've been hearing about Waves for some time now. Guess it's time to do some research. Thanks for te info !

You're welcome! :)

Waves Roadmap, Q3 2018, over 9 months away: capacity for 1000s of Tx/s

Actual on-chain capacity for Steem blockchain:

0.27% load at 788,009 Tx/day = max 291,855,185 Tx/day = 12,160,632 max Tx/h

capacity = 3377 Tx/s


source: http://www.blocktivity.info/

Right now, already proven, fully functional, with a cool use case (social blogging platform, built on top of the chain).

Shouldn't STEEM be a unicorn (1B$ market cap)?

Yeah! I think Steem will get there soon with its Smart Media Tokens. :)