ALT WARS! Episode I: Wavesplatform mainnet launched.
Waves Light Client is finally here. And it’s looking good! You can download it through the chrome store and install it as a plug-in!
Download:
Chrome:
https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm
Github:
https://github.com/wavesplatform/WavesGUI/archive/v0.3.0.MAIN.zip
After you download the client, you need to create a new account as follows:
Don't forget to save your SEED, if you lose it you won't be able to recover your wallet later. Now that you have nice wallet adress you can withdraw your tokens from the ICO platform: https://ico.wavesplatform.com
wallet adress should look something like this: 1W3P3cTX7Fa5SfAXPSVVrM3CBsauDE88hBHdf
You will recieve a confirmation email, click the link inside to confirm your wallet adress. The withdrawal will be processed by the Team as soons as possible.
The Waves launch seems to be going as smoothly as possible especially after Lisk’s difficult launch. The Waves platform will provide great commercial features that have the potencial to become widely used, such as asset-to-asset Exchange and fiat tokens. The creation of fiat tokens will allow users to benefit from blockchain technology without having to worry about volatility. Waves plans to be a KYC and AML compliant platform with multiple bank partnerships.
Waves is working with Mycelium wallets.
Original Steem Post by Kanopt (Antonio Madeira)
Well I can see what all this excitement is all about, but there is still a trade off involved, which is ovelooked on the basis of offering security against volatility.
The issue is that Waves is built on top of the traditional and currently obsolete credit Institutions infrastructure, in order to offer pegged blockchain tokes (sort of pseudocurrencies, $, € etc.). It means that if one day for some reason they decide to stop interacting as gateways, then all those holding savings on those tokens are officially bankrupt.
I may be wrong, but still take sometime to think again how you may use the platform at your own benefit, by first assesing its trustless nature.
Afterall, this is Bitcoin's most valuable feature. Volatility is just a side effect of:
Of course my points about bitcoin hold true for any other altcoin that is built upon the same principles. I think anyone who is into crypto currencies should have a part of his savings in btc or other similar crypto currency as a hedge against any type of "force majeure".
Yes, Waves values it's practical use over the trustless enviroment. This is why I believe it will be successful, it may not uphold the "crypto" ideals, but it will be a useful tool for users and corporations alike, if it works as intended.
what you state about the partnerships is completely true. Waves depends on them to operate. lets see what happens! :)
Well that was painless.
I would never hurt a fellow steemer