25 Mar '16, 8pm

[BLOG] Waves platform vision.

[BLOG] Waves platform vision.

After the success of Ethereum project many people are asking us why we’re launching WAVES, cannot everything be done on Ethereum? Obviously everything cannot be done on one platform, however versatile it might be. I would summarize our approach to be complementary to Ethereum. We are ascending from maybe more trivial problems, such as usability, flat learning curve for end-users, to more fundamental ones — such as consensus algorithms, reducing transaction times, scaling issues. We believe that current blockchain technology is “production-ready” so to say, and should already be made accessible to the widest audience possible. Why is it needed, maybe we should work on more fundamental things, and invent the killer blockchain app? In my opinion killer blockchain app is the blockchain itself! Decentralization that it provides could be a game-changer for many industries alread...

Full article: https://blog.wavesplatform.com/waves-platform-vision-a532...

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