CRYPTOYUSRA- CRYPTOCURRENCY ON THE WAVES PLATFORM
Introduce
If you're an acquaintance of the cryptocurrency market, you've probably heard of the Waves Platform. In 2016, in the process of raising capital, Waves raised about 30 thousand BTC, ranked 7th among the capital raising programs in the world (not to mention Bancor, this new project will break a record of 150 million) $ of The DAO)
What is the wave platform?
The Waves platform is defined as an "open" Blockchain platform, one that has the same functions as Bitcoin and extends these functions further, beyond just being monetary value. The idea of Waves is not to create a currency like Bitcoin, but to create a platform in which Bitcoin, other cryptocurrencies, cash and all other currencies and assets in the world, can be distributed, transferred and exchanged in a completely decentralized (Decentralized) way. The Waves platform also provides the ability to raise funds through a shortened version of the Waves e-wallet.
Although the idea of decentralized exchange is nothing new, often these ideas have not worked yet. Not only are they complicated by the exchange process, they also require users to find an unorthodox solution to transfer tokens to cash and vice versa. Waves took advantage of the strengths of both sides to build a fully functioning exchange system, both as fast as a centralized system but without security problems thanks to Matcher, the exchange process. Asset-Asset Exchange and Innovative Access to Tokens The cash-to-electronic conversion problem is also solved through Waves cash gateway.
Waves cash gateways are run by suitable gateway operators, who are organizations (e.g. payment service providers), so that users can easily convert their cash to tokens on Waves blockchain. The tokens representing that cash (for example, wUSD, wEUR) can then be transferred on the blockchain a lot faster than traditional bank transfer methods, and for a much smaller fee. Users can then withdraw those representative cash tokens and convert them into real cash after they receive it. Other cryptocurrencies can also be converted into tokens on the Waves blockchain, for example wBTC, the corresponding Bitcoin unit on Waves has a value of 1: 1 compared to real Bitcoin.
Those functions can be accessed via the shortened Waves wallet, which doesn't require users to store blockchain on their machines. Users can download the wallet and run it as an HTML file, or as an app on Chrome, which will be automatically updated when a new version is available. This shortened e-wallet is also available for Android.
Link download waves wallet: https://play.google.com/store/apps/details?id=com.wavesplatform.wallet&hl=en
Through its lightweight and easy-to-use application, along with the integration of cash payment gateways, Waves offers its subscribers a vast world of blockchain technology and cryptocurrencies. .). Users can deal with cash or familiar goods on the blockchain and then, if they wish, explore investment opportunities like Bitcoin or other currencies. Users can also invest in company stock or assets through the Waves capital raising system. It also makes it easier for developers and companies to raise capital for their projects. For more experienced users, Waves can also be "dug" or created. Because Waves is a non-inflationary system with a limited number of coins, users can "host" a complete "node" (nodes) to receive rewards from transaction fees. Users are required to have a minimum of 10,000 Waves tokens to fully "host" a node.
Currently, the Waves platform is still in the development stage but many of the above functions are already working, including the release of asset units with just a few simple mouse clicks. These types of assets are called Custom Application Tokens (CATs) and can be transferred in bulk or in individual units. That makes them very suitable for capital raising programs. Waves also incorporates a special (and already active) function, which is that transaction fees can be paid with custom tokens for local currency. This opens up a lot of possibilities for the whole ecosystem. WAVES will always be accepted, but that functionality keeps the application built on Waves without having to worry about the complexity of having to provide a second currency for fees. The Bitcoin portal allows users to send BTC directly to the Waves platform, and from there can switch to wBTC and vice versa.
Waves is currently implementing a decentralized exchange system, which will allow users to exchange CAT units (mentioned above), custom tokens and WAVES tokens directly through the Waves application completely. decentralized. Cash gateways are also being integrated, starting with the EURO port that allows users to deposit and withdraw EURO tokens on the Waves platform - Although users will have to go through KYC (Know your customer) steps. and AML (Anti-money Laundering) (these two steps are mandatory steps for exchanges in the world to combat money laundering crime, the major Chinese exchanges in in the past time, money has been banned due to not complying with these 2 steps). Activities related only to transfers, exchanges for cryptocurrencies or units representing cash will not have to go through the above two steps.
At the same time, Waves is also working with many innovative technologies with the aim of enhancing functionality and scalability, for example Improved Authenticated Dynamic Dictionaries, Bitcoin NG POS and non-Turing complete smarter smart contracts. Details you see here.
Overall, the Waves platform is a very powerful and interesting platform that I firmly believe will be used by businesses and individuals, as well as to expand the cryptocurrency user community.
Why do traders choose Wave exchange to trade?
Some may be surprised, but the majority of cryptocurrency trading platforms today are centralized. This completely contradicts the basic principles of privacy and decentralization.
While centralized exchanges are quite popular and effective, there are still notable drawbacks. The first problem is poor security, which is evident through a series of attacks. . Another important limitation is that centralized exchanges are vulnerable to government regulations.
Unsurprisingly, most traders and investors prefer Decentralized Exchange (DEX), including Waves DEX, as they are completely private and transparent.
Besides these key advantages, Waves DEX also provides users with many other valuable benefits.
Because Waves DEX is a decentralized exchange that requires no intervention or the use of third-party services, transactions are automatically much faster and cheaper than in the case of exchanges. concentrate.
In addition, Waves DEX offers users the ability to transfer money directly to their hardware wallets.
Waves DEX is part of the Waves platform's decentralized trading service, with a strong focus on providing an accessible environment to deploy new ICO projects and cryptocurrencies.
Interestingly enough, Waves DEX is a good platform in both a centralized and decentralized world. In short, Waves DEX uses a centralized combination service to speed up the transaction process.
Users can trade Ethereum or Bitcoin with the Waves token, as well as for any other tokens listed on the platform such as Zcash, Litecoin. Basically, any currency built on the Waves platform is supported.
A unique feature of the Weaves network is that it allows users to set up and distribute versions of their crypto assets, which can then be traded on the DEX platform.
Trading on Waves DEX is not complicated, because the platform has a fairly user-friendly interface. Users simply have to log in and make transactions in a tab.
Introducing CryptoYusra #CRYPTOYUSRA
Yusra global cryptocurrency is a unique combination of many ideas, technology solutions and technology development in the field of blockchain technology. All elements are aggregated and configured in a way that creates a truly decentralized means of payment. And finally aim to create a new generation of cryptocurrencies with outstanding advantages: easy to use, fast, use anytime, anywhere not only in the closed ecosystem but also in daily life. days, it integrates closely according to the world market.
So far, many cryptocurrencies have been created with many different functions and uses, but the common point between them is that they are used and developed on the basis of Blockchain technology. And #Yusra was created based on the Wave platform, which is a one-stop blockchain platform. The Yusra ecosystem will be built on its core technology, #YUSRABLOCKCHAIN, developed as a Waves token and combined with the special Yusra Pos technology. With the main purpose of transforming a pure Blockchain project into a social project, the development project is spread all over the world.
Instructions for registering an account on yusra platform
If you have learned about Waves and the Yusra platform, you have confidence in this project, you want to invest in the project but do not know how? Here I will guide you to register an account.
- You access the website by following the link: https://app.yusra.global/
Website interface as shown below
- You proceed to register an account, fill in the information including: username, email, password. Then click on the register button.
- After registration is complete, you log in to your account according to your newly registered information.
After completing the registration, you can proceed from the beginning and have your passive income.
Conclude:
Yusra is developed based on the Waves platform, so it takes all the advantages of a solid technology foundation. You should research more about this potential project, Yusra will be successful by their ideas and dedication. If you want to invest and have an automatic income, refer to my guide above.
For information about the project, please visit:
- Website: https://yusra.global
- Web-wallet: http://app.yusra.global
- Twitter: https://twitter.com/YusraGlobal
- Instagram: https://www.instagram.com/yusra.global
- VK: https://vk.com/yusra.global.blockchain
- Telegram: https://t.me/YUSRAGLOBAL
- Medium: https://medium.com/@YusraGlobal
Author: yenyen143
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2370719