Post
Topic
Board Announcements (Altcoins)
Re: WAVES - Complete Blockchain ecosystem for a token economy
by
Ukraine2020
on 12/04/2019, 17:36:20 UTC
Hello! Thank you very much! This is great news for the whole community.
Now the question. What functions will this token perform and where?

Hello Ukraine2020! Vostok utility tokens are used for validating transactions on the blockchain. To use Vostok blockchain for projects, you will need to have a required balance of tokens, depending on throughput, expected number of transactions etc. You can find more information about Vostok project by using this site - https://vostok.io/

Sincerely, Waves Community Manager

Hello, Waves Community Manager! Thanks for the answer.
Yes, I know it. But then what is the difference from Waves blockchain?
How do I understand - the difference in the areas where it will be used?


Hello! Thank you for your question.
Waves blockchain is an open source with the main idea of mass adoption. Vostok blockchain is based on the same algorithm as Waves (https://docs.wavesplatform.com/en/waves-environment/waves-protocol/fair-pos.html) but available for a limited group of users, designed for providing blockchain services to a corporate and governmental segment.

Best wishes,
Waves Community manager.  

Hello! Mutually! Thank you for your reply!
Got it. What are the technological features of Blockchain Vostok?
By the way, as I understand it, I can still buy more Waves before the airdrop?