What is Waves Blockchain (Velo Blockchain)?
What is Waves Blockchain? Waves Blockchain is a decentralized digital currency
What is Waves Blockchain? Waves Blockchain is a decentralized digital currency based on Ethereum, which utilizes smart contract technology to realize tokenized rights. It helps users participate in the network without compromising security and ensures that everyone can benefit and gain value without being attacked or hacked.WAVES is developed in collaboration with the American Computer Science Society and Microsoft, supporting encrypted payment services through the Waves wallet. As an open-source software platform, it aims to address some of the problems faced by internet giants, such as information isolation and data monopolies, which can be protected through distributed means.
Velo Blockchain
According to reports, Velo Blockchain will be integrated with other digital currencies and stablecoins.The integrated blockchain in Velo’s ecosystem is a decentralized platform for managing, transacting, or paying value (e.g., cryptographic assets), providing new data availability and security. By using Velo Blockchain, users will have access to cheaper services and more options, making transactions easier, offering a higher level of transparency to their customers, and ensuring verifiable identity and privacy. (finextra)
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