waves_logo Docs
  • Why Waves
    Why Waves
  • Waves Basics
    Waves Basics
  • Account
    • Creating Account
      Creating Account
    • Address
      Address
    • Account Balance
      Account Balance
    • Account Data Storage
      Account Data Storage
    • Alias
      Alias
    • dApp and Smart Account
      dApp and Smart Account
    Account
  • Token (Asset)
    • Non-Fungible Token
      Non-Fungible Token
    • Smart Asset
      Smart Asset
    • Token ID
      Token ID
    • WAVES
      WAVES
    Token (Asset)
  • Transaction
    • Transaction Fee
      • Sponsored Fee
        Sponsored Fee
      Transaction Fee
    • Signature and Proofs
      Signature and Proofs
    • Transaction Types
      • Burn Transaction
        Burn Transaction
      • Create Alias Transaction
        Create Alias Transaction
      • Data Transaction
        Data Transaction
      • Exchange Transaction
        • Order
          Order
        Exchange Transaction
      • Genesis Transaction
        Genesis Transaction
      • Invoke Script Transaction
        Invoke Script Transaction
      • Issue Transaction
        Issue Transaction
      • Lease Cancel Transaction
        Lease Cancel Transaction
      • Lease Transaction
        Lease Transaction
      • Mass Transfer Transaction
        Mass Transfer Transaction
      • Reissue Transaction
        Reissue Transaction
      • Set Asset Script Transaction
        Set Asset Script Transaction
      • Set Script Transaction
        Set Script Transaction
      • Sponsor Fee Transaction
        Sponsor Fee Transaction
      • Transfer Transaction
        Transfer Transaction
      • Update Asset Info Transaction
        Update Asset Info Transaction
      • Ethereum-like Transaction
        Ethereum-like Transaction
      Transaction Types
    • Transaction Validation
      Transaction Validation
    Transaction
  • Block
    • Transactions Root Hash
      Transactions Root Hash
    • Genesis Block
      Genesis Block
    Block
  • Node
    • Leasing
      Leasing
    • Generator’s Income
      Generator’s Income
    • Monetary Policy
      Monetary Policy
    Node
  • Mainnet, Testnet, Stagenet
    Mainnet, Testnet, Stagenet
  • Unit Zero
    Unit Zero
  • Oracle
    Oracle
  • Protocols & Data formats
    • Cryptographic Practical Details
      Cryptographic Practical Details
    • Leased Proof of Stake
      Leased Proof of Stake
    • Waves-NG Solution
      Waves-NG Solution
    • Waves-NG Protocol
      Waves-NG Protocol
    • Waves 1.5
      Waves 1.5
    • Blockchain Data Types
      Blockchain Data Types
    • Binary Format
      • Address Binary Format
        Address Binary Format
      • Alias Binary Format
        Alias Binary Format
      • Block Binary Format
        Block Binary Format
      • Network Message Binary Format
        • Block Message Binary Format
          Block Message Binary Format
        • Checkpoint Message Binary Format
          Checkpoint Message Binary Format
        • Get Block Message Binary Format
          Get Block Message Binary Format
        • Get Peers Message Binary Format
          Get Peers Message Binary Format
        • Get Signatures Message Binary Format
          Get Signatures Message Binary Format
        • Handshake Message Binary Format
          Handshake Message Binary Format
        • Peers Message Binary Format
          Peers Message Binary Format
        • Score Message Binary Format
          Score Message Binary Format
        • Signatures Message Binary Format
          Signatures Message Binary Format
        • Transaction Message Message Binary Format
          Transaction Message Message Binary Format
        Network Message Binary Format
      • Order Binary Format
        Order Binary Format
      • Transaction Binary Format
        • Burn Transaction Binary Format
          Burn Transaction Binary Format
        • Create Alias Transaction Binary Format
          Create Alias Transaction Binary Format
        • Data Transaction Binary Format
          Data Transaction Binary Format
        • Exchange Transaction Binary Format
          Exchange Transaction Binary Format
        • Genesis Transaction Binary Format
          Genesis Transaction Binary Format
        • Invoke Script Transaction Binary Format
          Invoke Script Transaction Binary Format
        • Issue Transaction Binary Format
          Issue Transaction Binary Format
        • Lease Cancel Transaction Binary Format
          Lease Cancel Transaction Binary Format
        • Lease Transaction Binary Format
          Lease Transaction Binary Format
        • Mass Transfer Transaction Binary Format
          Mass Transfer Transaction Binary Format
        • Reissue Transaction Binary Format
          Reissue Transaction Binary Format
        • Set Asset Script Transaction Binary Format
          Set Asset Script Transaction Binary Format
        • Set Script Transaction Binary Format
          Set Script Transaction Binary Format
        • Sponsor Fee Transaction Binary Format
          Sponsor Fee Transaction Binary Format
        • Transfer Transaction Binary Format
          Transfer Transaction Binary Format
        • Update Asset Info Transaction Binary Format
          Update Asset Info Transaction Binary Format
        • Ethereum-like Transaction Binary Format
          Ethereum-like Transaction Binary Format
        Transaction Binary Format
      • Transaction Proof Binary Format
        Transaction Proof Binary Format
      Binary Format
    • Validation Rules
      Validation Rules
    Protocols & Data formats
  • Glossary
    Glossary
      • English
      • Русский
      On this page
        • Tokenization
        • Smart Contracts
        • Leased Proof of Stake
        • Performance
        • Transparency
        • Infrastructure for Developers
        • Join the Waves Community
      waves_logo Docs

          # Why Waves

          Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions.

          # Tokenization

          Issuing your own token on the Waves blockchain is a piece of cake. The token is available for transfers and trading immediately: that's perfect for crowdfunding and ICO. More about token issue

          # Smart Contracts

          Waves offers a unique approach to decentralized application development: by avoiding gas and non-Turing-complete language we keep the system secure and predictable. For smart contract creation, Waves provides its native language called Ride. Its straightforward and developer-friendly syntax makes blockchain development easy and intuitive. More about Ride

          # Leased Proof of Stake

          Waves is based on a Proof of Stake consensus algorithm. Each participant's chance to generate the next block is proportional to their economic stake in the network. Unlike Proof-of-Work, Proof-of-Stake is hardware-savvy and power-savvy, making attacks profitless for miners.

          Users can lease their WAVES to a Waves node and get a part of the node payout as a reward, preserving full control over their WAVES under their accounts. More about leasing

          # Performance

          The Waves-NG protocol boosts blockchain performance to hundreds of transactions per second by using “liquid” blocks that grow continuously until the next block is created. It usually takes about 2 seconds to add a transaction to the block, which contributes to user experience of your apps. More about Waves-NG

          # Transparency

          The Waves protocol is totally open, with the source code available on Github . The protocol's updates and improvements are discussed by the community on the Waves Enhancement Proposals forum. Activation of new features and reward changes are accepted by voting of the nodes.

          # Infrastructure for Developers

          Beyond the blockchain functionality and its underlying protocols, the Waves ecosystem offers a diverse collection of tools, products, and components to streamline the process of building and running dApps. The tools are developed both by the Waves team and the developer community.

          Applications

          Developer tools

          Client libraries

          Waves APIs

          # Join the Waves Community

          • Launch your own node and get rewarded for block generation.
          • Earn on leasing WAVES.
          • Create decentralized applications for gaming and gambling, DeFi, digital identity, supply chains, and many other purposes.
          • Use apps built on Waves.
          Waves Basics
          Waves Basics