Waves (WAVES) outperforms other cryptocurrencies – Waves News Today

With the increasing number of cryptocurrencies, it is becoming more and more difficult for the investors to find out about the winning cryptocurrencies. There are quite a few Altcoins which you can choose from these days. That is why, when you’re looking at the winning cryptocurrencies, it is important to look into the consistent performance of these cryptocurrencies. Only once you are able to look into the consistent performance, thereafter it will become easier for you to make a decision. In this regard, waves is a cryptocurrency which has certainly outperformed the others. That is why, if you’re looking for cryptocurrencies which are showing faster growth, you should definitely look into waves.

Waves Price Today

Name Price24H (%)
Bitcoin (BTC)
$8,632.26
-1.39%
Waves (WAVES)
$0.77
-1.05%

Waves-is it the fastest cryptocurrency in the market?

Waves platform was introduced last year. As a result, the transaction time of this cryptocurrency was reduced significantly. Moreover, the deficiencies which are present in the Bitcoins network are eliminated as well. As a result, the network of waves became much more popular. In addition to that, it uses the proof of stake algorithm. As a result, it is much better as compared to some of the other cryptocurrencies. Also, it can process several thousand transactions within 60 seconds. As a result, it is widely regarded as one of the fastest cryptocurrency networks.

Smart contracts:

WAVES platform also integrated smart contracts with itself on April 28, 2018. As a result, the cryptocurrency appreciated sharply as well. This is another welcome addition which will make the cryptocurrency much more versatile. With the help of smart contracts, various transactions can be easily executed on the platform. Moreover, the blockchain can be used for a variety of different purposes as well. That is why the indication of smart contracts was a welcome addition for the platform.

Also, Waves is certainly challenging the usage of the smart contracts by Ethereum cryptocurrency. As it is fast to execute, in some regards it can be better as compared to the Ethereum blockchain. This is the reason why it is directly challenging the Ethereum cryptocurrency as well.

If indeed, you believe that speed is the way to go when it comes to cryptocurrencies, you should definitely be looking at waves. The reason for this is that it can be widely regarded as the fastest cryptocurrency which is present currently. As a result, it will certainly gain more traction in the future as well. If you’re looking to invest in cryptocurrencies, you should definitely look at waves as it will be expanding its features in the future as well which will attract more and more investors as well as users.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.