WAVE PLATFORM
444 subscribers
14 photos
5 files
41 links
This is the OFFICIAL WAVE™️ CHANNEL.
All news and updates will be shared in here with our whole community.
Welcome on the next WAVE to success 🌊
Download Telegram
Hello dear WAVE Community,

Today we have reached the 60.000.000 WAVE circulating supply mark and we are proud of our community's achievements so far. The plan was to release the mainnet and discontinue our marketing model and solely focus on the usability of our cryptocurrency. We have developed an ecosystem for this purpose which we will launch shortly.
All work for the mainnet are in progress, we have maximized the security of the mainnet for you and are currently working out the other contents of all functions. The mainnet will go live today in the background, but you will not be able to access it yet. Today we will start a Beta-run for every account that holds its tokens in the system for the automatic swap and test if everything works properly in the Beta-phase. After that we will initiate our test phase of the completely new WAVECHAIN (Blockchain) which will take until the beginning of March. We will keep you informed as soon as all tests are completed.

Once more, we want to give you some insights into the current work. This is only a small part of what you can expect starting from March this year. We apologize for the delay, but it is necessary that all security requirements are met before the mainnet launch.

Kind regards,

Your WAVE Team
Dear Wave Community,

today we would like to share some news regarding the Mainnet with you.
On 17.02 we officially launched the Testnet and tested the individual functions. We discovered some bugs in the consensus process and have been able to fix them in the last two weeks. There were also many smaller tasks that had been improved by our team.
The plan was to go live with the Mainnet today, but we decided to work together with our community to check for further potential bugs, just like other well-known cryptocurrencies that have switched to their Mainnet. Establishing a Mainnet from scratch in a year has been a hard and tedious process but we are on the finishing line. Even a small bug could lead to a big damage, therefore we would like to have 50 - 60 PEOPLE from the community to test our Testnet before we launch the Mainnet.

The following features should be tested by our community:
Wave Desktop Wallet, Wave Beta Platform and Wavescan.
The following functions should be tested:
Transactions, Staking, Freezing, Export / Import Wallet, Send / receive,
etc.

If there are C++ programmers in our community, they can be invited via Github to check the coding.

If there is additional questions about the testing, our support will help you out. Important to mention is, that a test participant does not need a lot of experience with blockchain. We will do several checks in the background while you test and fix any other bugs that appear.

You want to participate?
For this please write to our support @waveio. We will give access to the Testnet to the 50 testers on 15th of March.

When will the Mainnet be available?
The test phase will take 2-5 weeks depending on the amount and size of the bugs that are discovered. After that we will be able to provide you with our mainnet with the best conscience.

We would like to thank all participants for their trust in us. We really appreciate that you are backing us up even if there had been some delays.

We are looking forward to your mesages,

Your Wave Team
We have created the following so far:

- Mainnet with POS for consensus generation
- Wavescan for searching blocks, transactions, check wallet balance etc.
- Desktop wallet with integrated staking + freezing function (even without your PC working 24 hours, the stakers are connected to a server that is always online) + you can manage multiple accounts inside the wallet
- Waveplatform 2.0 with new integrated Mainnet features

What is the difference between Staking and Freezing?
Staking
As a staker you support the consensus process and are part of the decentralization of the network. As a reward you will be credited with transaction fees. In addition, there are block rewards as with Bitcoin, which will decrease in the years towards 175,000,000 coins. The block rewards will start with 5 WAVE coins in each block.

Freezing
Freezing is a reward program for our community which is limited to 25 million WAVE coins. Freezing ensures many small transactions directly from the start. Furthermore, each user that freezes his WAVE receives APY 15-20% per year in WAVE coins. Freezing is automatically stopped when the supply of 25 million WAVE coins is reached. There is no minimum period for freezing. You can activate and deactivate it at any time.

What do I have to consider for the swap?
If you want to have an automated swap it is enough that your wave tokens are on the wave platform. We will swap the tokens 1:1 into coins. If you don't keep your tokens on the platform, you will have enough time after the swap took place to transfer your tokens to the platform and convert them into WAVE coins there. A more detailed update about the exact process will follow before the swap.

What will follow after the mainnet launch?
We will continue to expand the features of the Mainnet in 2021. Our next goal is to integrate a Smart Contract function into the Mainnet, so that users will be able to create tokens on WAVE's blockchain. After the Smart Contract function has been implemented, the decentralized exchange will follow. Our goal is to launch the Decentralized Exchange this year. On the Decentralized Exchange there will be a poll for our community, where they can vote for additional tokens that should be listed. Also the tokens that are created on our blockchain will be listed directly on the decentralized exchange.
Dear WAVE Community,

the Testnet Channel for everybody that wants to be updated about the latest news is created.
Starting from tomorrow all the information about the testing will be shared there.

Channel link: https://t.me/testnetwave
Dear wave community,

The day before yesterday we received a notice from Sambrela. Sambrela was the external developer team that convinced us that they were be able to build waves blockchain and received the job from us. However, after eleven months of ups and downs in the collaboration, the work was terminated on their part because they could not finish the consensus programming.

Last year we had the following plans for our ecosystem: 1. mainnet 2. decentralized exchange 3. marketplace 4. mobile APP. The whole ecosystem was planed to be built on the Mainnet, so it was not possible to work on anything else during that time. We had to make an important decision the day before yesterday after the termination of Sambrella, either we risk more time looking for an external C++ developer team again and to continue with the work or we postpone the Mainnet project and take care of the Wave ecosystem first and catch up with the missed products on Wave so we can focus on the mainnet later.

In the short term it is impossible to find a confidential and good team. In order not to lose more time we started to rebuild the Waveplatform the day before yesterday. We have now finished Waveplatform 2.0 and will tell more about it in the next post.

Everything that has been programmed so far is available for everyone at https://beta.waveplatform.io. You can download the desktop wallet, test the platform and the wavescan.

The following has been programmed with the current status:
Wave Wallet Desktop (Mac + Windows)
Wave Scan
New Platform with Mainnet functions
Blockchain 80%

We would like to emphasize that we are not cancelling the work or throwing it in the garbage can, but we had to postpone it until we have found the right partners to build the consensus. We have come too far to give up now. Therefore, we will resume the Mainnet project at the next opportunity. For the possibility that there might be C++ developers in our community, we are uploading all the work that has been completed so far on Github.

More about our Mainnet can be found on the new Waveplatform page.

What is missing exactly in the mainnet?
Most of parts has already been completed as described above and published in testnet. There are only problems with the consensus. The consensus can be thought as a brain, without a working consensus the blockchain cannot be trusted for truthfulness. So publishing a blockchain without a properly functioning consensus would be negligent. Consensus plays one of the most important roles in a blockchain.
Our solution:

We already started to rebuild the Waveplatform website the day before yesterday after two long days and nights Waveplatform 2.0 with ERC20 features was finished today. We have lost a lot of time and our ecosystem has not been extended for a year as all plans were forged on our mainnet. We have decided to continue as a community driven project, which means every user who owns tokens has the opportunity to decide about the next product. Every token has a vote and can vote for all upcoming products.

Waveplatform 2.0

What is new on the platform?

The internal exchange is taken out from us, but we are now represented on an external exchange that can be accessed from the back office. All exchange orders are resolved and securely transferred to your wallets.
Node and Staking has been taken disabled (instead a decentralized management platform will follow if you decide to use it). All Nodepool and Staking deposits will be closed (without fee interest from our side no matter when they were deposited).
- Referral program is disabled, since 60 million tokens have been reached.
- Internal platform wallets will no longer exist so everything runs on ERC20 Blockchain Decentralized and with higher security.
- Community Driven - Voting system was added, you can vote about the future and new products directly in the backoffice.

The first poll: Decentralized management platform vs. marketplace

Voting will end as soon as 10 million tokens have cast their vote.

Waveplatform 2.0 will start in two hours, the transmission will also take about 2 hours.
The waveplatform has been taken offline for the update. We will be back with you shortly.
Here is a short FAQ roundup with the first questions our support received:

Why was node and staking disabled from the new platform?

For that answer we need to look back to 2020 February, because at time we had to make a decision. There was two possibilitys: First, interact decentralized on ERC20 and pay Ethereum as a fee for each transaction or second, create an internal platform wallet (similar to what Binance and other platforms do). The advantage of the internal wallet was that there were no transaction fees. Anyone who has made transactions with Ethereum knows that the costs are very high. Last year we decided to work with the internal wallet to save our users from the high fees. But this became our undoing for hacking attacks, because the internal wallet was centralized.

Each user holds from now his own private keys and manages the Erc-20 wallet on the new platform. There is no longer an internal platform wallet, which will ensure higher security and secondly, each user will be able to manage their own wallet.

In order for the staking to work again, a smartcontract must be created which distributes the tokens to all stakers in a decentralized manner. For this there is build a poll at the moment.

Also the question why the referral system was removed was often asked:

We have communicated from the beginning that the referral will not stay permanently. This was a marketing purpose to grow. From the beginning we communicated that at 60 million tokens the referral would be removed. Now we are at 63.5 million tokens. Technically it is impossible to continue the referral at the moment. As we said, we don’t have longer an internal wallet, now everything runs directly on the blockchain and there is no space for a referral Program.


Why is the exchange removed?

The Exchange was based on the internal platform wallet, to avoid the Ethereum fees we had a setup like most exchanges, e.g. Binance. Also at Binance everything works on the internal platform wallets. Since we need higher security we want to move everything to the Erc-20 Blockchain and not manage Internal Platform Wallets. It led to hacking attacks in the past which is solved in this way also.

Where will we be able to trade Wave?

Currently we are on P2PB2B, but this is only for the transition phase. Later, after we have further developed our ecosystem, we will let you decide on which exchanges we should list wave.

Wave Support is here for our community 24/7!

Don't get confused, our support is here for you 24/7. You can write to @Waveio and ask all your questions. We are also deeply saddened that our mainnet could not be launched as planned. We will not give up and will continue to work on our ecosystem and then resume the mainnet.
In the backoffice you can still find the helpcenter where you can find answers to all of your questions.
Waveplatform 2.0 is now live

Our Waveplatform 2.0 is now live. You can now vote and participate in the backoffice.

You can use the trading platform p2pb2b to buy and sell Wave. We are looking for bigger exchanges and will start a poll for this soon.

This is what makes us as the Wave team. We finished the platform within 48 hours. Unfortunately, when the work is handed off, like the mainnet, we don't always have control over it and have to rely on others. We will learn from this mistake for the future. We will work more in the near future to make up for lost time and products.

Don‘t forget to vote for Decentralized Management Platform vs Marketplace.

The sooner we reach the 10 million votes the sooner we can start with the new product!

We would like to thank all the marketing teams who have accompanied us on this journey. From now on it‘s time to expand the ecosystem and take a look to to the future. The next poll will be about a new exchange listing, which has significantly more active users than the exchange p2pb2b.

Mobile optimization and final graphical designs has not been done yet, we will adjust it during the day. The current chart and price of wave is shown on the P2pb2b exchange, it will also be adjusted to our platform as soon as we recieve the API’s from them.
Dear Community,

we reached many questions about how to send tokens out of the platform. Here is a little how to guide for you.

To be able to send wavetoken you have to switch from the Platform wallet to the ERC20 wallet.

This is easily done in 4 steps:

1. create ERC20 wallet in the backoffice

2. upload Ethereum for transaction fees

3. go to the swap page and press the Swap to ERC20 button.

4. after some confirmations you will receive your Wave tokens on your ERC20 address and now you can send them to P2PB2B or to any wallet which supports ethereum like MetaMask.
We will be listed on Coingecko later this week so the price of the token will be transferred also to Etherscan. There are already 9.000.000 votes, today we will decide which product will be built next for Wave. We will start working on the new product from today.

The Bitcoin wallet on Waveplatform is no longer of any use as the internal exchange has been taken out. Everyone can withdraw their bitcoins and move them to their own wallet. To trade Wave you have to go to P2PB2B which is our current exchange for now.
The voting is over.

Our community has made its decision: Decentralized Management Platform is the winner!

We will program a new platform, it will be totally decentralized and manageable with your own wallet like Myetherwallet or Metamask. To make the whole thing decentralized, we will program a smartcontract, which can take two to three days. This smartcontract will generate/mint new tokens every time tokens are sent into the smartcontract, attract them to the smartcontract and distribute you daily rewards.

The new decentralized platform will probably be launched on Friday!

In this time we will also take care of Coingecko and have talks with new Exchanges.
Between 00:00 - 02:00 a small update will follow that will take a few minutes.

What will been done during the update?

- Mobile optimization

- Exchange History will be downloadable under Profile

- Reset Authenticator by yourself after login

- Chart & Price from p2pb2b will be integrated into the backoffice
Dear Wave Community,

Today the listing on coingecko was done. You can now find Wave on coingecko at: https://www.coingecko.com/de/munze/wave-platform

The price of Wave has already been taken over on Metamask, on Etherscan it still has to be verified by their developer. In the next few days we will also be able to see Wave's price on Etherscan. Every external wallet provider now adopts the current value of Wave. With the Defi Platform, we will also write a article on Bitcointalk and focus around the further development of the ecosystem.
Dear Wave Community,

Today the listing on etherscan was completed. The current waveprice is updated as well and all other indications were transferred to etherscan, you can find Wave on etherscan using this link: https://etherscan.io/token/0x2f7b88458f4E6D9AbB19396b5a08b8bA7f3d4b20.

Short update about the Defi Platform:

The Smartcontract has already been programmed and tested today, it works fine. The Defi Platform still has to be added with all functions and graphical adjustments.

We will launch the Decentralized Management Platform latest on Sunday 11.04.2021 (in 2 days).
Dear Community,

The WaeDefi Platform 1.0 is now online.

We will take care of the further development of the platform during the next week, change or adapt a few graphics and functions. Mobile optimization will also be adjusted during the next week. The main function wavestaking is now running smoothly via the smartcontract which we will be checked soon for its security. Results will be also shared with you from our audit partner.

What was created between 05 - 10 April:

- Smartcontract
- Web3js connection
- WaeDeFi dezentralized platform

APY Yearly by Locktime:
10 - 99 days: 11.88%
100 - 249 days: 13.5%
250 - 364 days: 16%
365 - 999 days: 18.3%
1000 - X days: 29.9%

The process:
You can now access the new website at www.waedefi.com, you need metamask on Google Chrome or Firefox to be able to connect the wallet. When you are on the page you have to click on Stake and it will automatically connect with Metamask. Then click on Stake now and enter the desired amount and the number of days you would like to stake. The rewards are calculated per second and can be withdrawn at any time.

Staking Smartcontract:
https://etherscan.io/address/0xc45d09988a341bf0e3e0188a7ff8eccef845afb8#code
Announcement:

We are now also listed on Coinsbit but the trading has not started yet. We will start trading on Coinsbit between Wednesday - Thursday. This is not the desired exchange on which we can reach many people, so we are still looking in the background for Exchanges that have 500,000 to over a million monthly active users. We will also be listed on Uniswap next week, so you will have a higher security by trading on a decentralized exchange. This will not be calculated against Bitcoin but against ETH. From then all users are also able to buy/sell WAE against ETH.