Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 271. (Read 131018 times)

In fact waves just need adoption not airdrops lol. It will come with smart contracts on main net, I'm pretty sure.
And speaking about prices, every altcoin is going/went down, it's just the market right now! ICO price was around $0.19 btw

But why do you think that an airdrop will stimulate anything right now? Its giving away resources for free and who knows if anybody really becomes more active only because of an airdrop.

To be honest I also didn't get this part "What's the difference between accepting 1 ERC20 token or 10 ERC20 tokens?"

We're still seeing DEX errors and our project participants are seeing DEX errors. Account balances not showing, buy and sell orders not showing, unable to place by and sell orders. But community manager stated above DEX is now functional. Can we confirm DEX is working 100% now? This way we can check and see if the problem is something else. Thank you!

There is currently a vote on which ERC20 tokens should be listed on the DEX, voting.wavesplatform.com

But my question is: what's the point of the vote? If they want to start listing ERC20 tokens, then just list them all. It's not like it's really more work for them.

If the point is just to show how blockchain voting can work, as a proof of concept, then they have also failed on this point. Let me explain...

Just like the DEX, they try to pass it off as decentralized while in reality, it is centralized. As we have seen with the recent DNS hijacking, the dex is controlled by a single server. Yes, there is the capability for people to run their own DEX if they want, but the current DEX that all the clients use is just one server, just one Matcher that gets all the trading fees. NOT decentralized.

The voting is similar. They have you verify your account through client.wavesplatform.com. Okay, nothing wrong with that, let's give them the benefit of the doubt and just trust that they're not saving your private keys. They use this to verify your Waves address and record your vote. When voting closes, they tally up the number of WCT that each account has, to use as their voting power, and the token with the most WCT voted for it wins.

The problem here, if you didn't realize, is that the votes themselves are not recorded on a blockchain. What's to stop them from saying that an account with alot of WCT voted for something when really they didn't? Yep, it's centralized - they can completely control the results of the vote.

More clarifications concerning your questions about ERC20 voting will be announced in our social media such as Twitter: https://twitter.com/wavesplatform and Telegram news and announcements channel: https://t.me/wavesnews
in the near future. Kindly rely on your patience and understanding.
But I mean, what's the point for the whole platform to be engaded in falsification of the voting results if someone can discover his wallet in this list?
This is an unjustifiable risk for the whole project.

Kind regards,
Waves Community Manager

Don't get me wrong, I love Waves and now hold alot because it's a steal at this price. But I'm just saying what others are thinking, and no answers are forthcoming... I believe my posts are thoughtful and intelligent, and I genuinely hope that Waves can clean up its act.


I'll have to disagree with you there. What's the difference between accepting 1 ERC20 token or 10 ERC20 tokens? When the work is done for 1, 99% of the work is done for all. That's the whole point of ERC20 tokens.


You missed the whole point of my post. It's that the voting is centralized and not on the blockchain. Waves can make up votes if it wants, and have them appear on that list, to force whatever token they want to win. Hence, no point in that vote. To have a proper vote, it needs to be on the blockchain. Eg, send any minimal amount of Waves to a certain address that corresponds to your vote. That's how I've seen other votes be done in the past. Other projects using Waves tokens are looking at how Waves itself does things, and this is not the correct way to hold a vote at all.

Wow two consecutive fud posts! This guy is trying hard.  

Hello. There will be a payment gateway for ERC20 tokens as a temporary decision before atomic swaps. Obviously there are difficulties with implementing a new payment gateway because Waves Platform has only the following gateways: Bitcoin, Ethereum, Litecoin, Zcach, Bitcoin Cash, Dash and Monero. That's why it's not very easy to add all Ethereum-based tokens via payment gateways.

Speaking about voting, it's impossible to be included in the list of voters without taking part in voting because anyone can check the list of wallets there. There's no point in this.