What are Waves coin?

The Waves blockchain is designed to enable users to create and launch custom crypto tokens . Waves allows for the creation and trade of crypto tokens without the need for extensive smart contract programming. Rather, tokens can be created and managed via scripts that run in user accounts on the Waves blockchain.

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How does wave exchange work?

How Does Waves Exchange Work? Like most other cryptocurrency exchanges, the Waves Exchange also operates on a decentralized ledger called a blockchain network . The only difference is that it has built its own blockchain network that is secured by a novel consensus mechanism called LPoS or the Leased Proof of Stake.3 Mar 2022

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