I'm trying to understand Waves a bit better. Could somebody give me a couple of real world situation where waves is the perfect coin to solve the problem?
Sorry if this is a newbie question, just wanted to learn more, and I sometimes find the amount of info overwhelming yet lacking sometimes... I need examples... I'm a simple man
Sorry if this is a newbie question, just wanted to learn more, and I sometimes find the amount of info overwhelming yet lacking sometimes... I need examples... I'm a simple man
Dont say sorry.
A good use case is where a business wants to focus on the business side of things making use of tokens in their business model for one or other reason. The business wants to focus on business matters and does not want to worry about coding of wallets, issues with mining, looking after chains etc. With Waves those mundane matters are outsourced to the Waves platform where the Waves ecosystem takes care of it.
Also a noob question.. isn't ethereum in a sense doing the same thing?
In a way they are competing yes. This gives you a hint about future prospects for Waves. A real world example would be to issue a token for lets say a loyalty program like Incent. Several other coins are also in the process of swapping out to Waves tokens to remove the overhead. One such example is Dot.