WAVES Weekly No. 21

Development Update

Now that full nodes and tokens have been launched and the network is stable, we’ll be moving onto implementing gateways (and assisting others to do the same) and working on the DEX, Waves’ decentralized exchange. Gateways will be used not only for moving fiat money onto the Waves blockchain but as on- and off-ramps for other cryptocurrencies. This will enable users to trade any supported crypto or fiat currency against any other in a decentralized manner on the DEX. We will also be looking at implementing decentralized voting mechanisms.

In parallel to all of these will be scalability updates, which will allow us to maintain a streamlined blockchain and minimise the resources necessary for running a full node. You can find more updates on latest Waves Q&A here.

Waves Network

The Waves community continues to establish a strong network. At the last count we had between 85 and 95 full nodes running, and the Lite client software has been downloaded more than 6,300 times from the start. If you would like to run a full node, please download the latest releases at https://github.com/wavesplatform/Waves/releases/. Anyone can run a node, but you will need at least 10,000 WAVES to generate blocks. You can read the installation guide here.

For regular users, the Lite client can be downloaded from https://wavesplatform.com. Do not download the client from other sources for security reasons. (Please be aware that there have been issues with fake GitHub repositories, as well as fake Twitter accounts and Slack identities.) Alternatively, the standalone Chrome app will automatically update as new versions are released.

Events and Networking

The past week saw Scorex research fellow Dmitry Meshkov and Waves CEO Sasha Ivanov give presentations at the Moscow Blockchain Developers Meetup at the Digital October Center. Sasha and Dmitry discussed authenticated data structures and looked at different approaches to blockchain scalability. On Sunday, Sasha pitched Waves’ features to representatives from Microsoft in the company’s Moscow headquarters.

Anyone who would like to work with Waves is invited to join our Slack to discuss it further, and for technical assistance. Please email rideon@wavesplatform.com for an invitation.

ChronoBank ICO

Time-based cryptocurrency initiative ChronoBank is launching its crowdfund on 15 December. ChronoBank is raising funds for the marketing and development of its platform, which is aimed at disrupting the short-term recruitment industry. By partnering with labor-hire companies, ChronoBank will allow employers to connect directly with freelancers, who will be compensated with Labour Hour (LH) tokens. A reputation system and labor exchange allow workers to access appropriate remuneration for their skill level and location, and to sell their LH for other currencies.

The ICO will accept a wide range of crypto coins, and LH tokens will be issued on several different blockchains, including Waves. For more information, visit www.ChronoBank.io.

Waves Weekly Crypto Roundup

Episode #12 of WWCR has been released. This week’s episode takes our usual look at the bitcoin and traditional markets, and we catch up with Addy Crezee again. If you would like your project to feature on WWCR, please get in touch via Slack.

Press and Articles