Categories: Ethereum

Waves Enters DApps Market, Launches Smart Contract Function

Click here to view original web page at

Blockchain solutions platform Waves on Tuesday announced that it is extending support for the development of decentralized apps (DApps) on its platform.

The company has launched a new programming language called RIDE to allow blockchain developers to write apps on its blockchain, which will also allow the development of collectible DApps like Cryptokitties.

With this, the Zug-based company is directly competing with giants like Ethereum, EOS, and Tron. According to the company, its proprietary programing language has many advantages over its competition like lazy evaluation, formal verification, no gas requirement, flat transaction fee, and better scalability.

Commenting on this development, Alexander Ivanov, founder and CEO of Waves, said: “DApps are considered to be the future of the decentralized world and a platform that stays ahead in this battle will rise at the top,’ he comments. ‘We aspire to be at the top because we build original solutions that have never been released before, and take into account the problems of implementations that are already available in the market.”

Suggested articles

Introducing Trader's Room v3 by B2BrokerGo to article >>

Tackling blockchain issues

Launched in 2016, Waves has developed a high-performance blockchain platform, prioritizing speed of transactions. Last October, its network recorded 6.1 million transactions in a single day.

Being a for-profit company it was not developed by a decentralized community, however, the network allows more people to participate in the network maintenance rather than confining it to a few centralized nodes.

“For blockchain developers, this means a cheaper and more convenient coding process than ever before, while those from outside the blockchain segment will see the entry threshold substantially lowered and new opportunities arrive,” Ivanov added.

The lucrative DApps market

According to Waves’ estimation, the DApps industry is currently valued at $3.2 billion and the top 4 platforms are serving to around 800,000 users. The company decision to jump into the sector is also boosted by the bullish prediction of DApps market.

Waves is also attracting the attention of the blockchain investors as in last December it secured $120 million from both venture capitals and individual investors. Earlier this year, the blockchain company also launched its own decentralized crypto exchange.

The company has launched a new programming language […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Should You Use MST Gift Cards at US Casinos?

US-facing online casinos don’t exactly feature a robust selection of deposit methods. Most gaming sites only offer a couple of… Read More

20 mins ago

Bitcoin {BTC} the reigning asset: Why Gold Barons and Value Investors constantly shun the king coin

Warren Buffett is a popular investor who was once one of the richest men in the world. He has claimed… Read More

20 mins ago

Bitcoin’s Bull Run Could Be Just Getting Started—Here’s Why

Bitcoin has soared so far this year, with the bitcoin price rising more than 200% since the beginning of the… Read More

21 mins ago

Late Hal Finney Predicted $10 Million Per BTC After Satoshi Release

Although some Bitcoin critics will spite anyone who believes that the cryptocurrency will be worth more than 1000× its current… Read More

6 hours ago

Bitcoin {BTC} adoption: chief as well as U.K. Central Bank leader are optimistic about virtual currencies

Bitcoin is placed right at the top of the market, with the BTC dominance rate currently at 68.7%. The trading… Read More

6 hours ago

Top Pro Athletes Like Messi Would Make a Killing in Bitcoin Earnings

According to Messari research, Lionel Messi's take-home pay would be "12,700 $BTC" annually. Cristiano Ronaldo's would be 10,000 bitcoins. |… Read More

6 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More