Blockchain, Featured

DApps Implementations Enable On Blockchain Startup Waves Platform

DApps implementations enable on a blockchain Startup called Waves platform as the startup has released the mainnet of RIDE for the dApps.

Developing applications for the creation of the NGEN internet was a purpose behind the design of RIDE. Lazy execution, predictable computation costs, zero failed transactions on the network, modern typed functional approach, simple & concise, and formal-verification-friendly are the features and properties of RIDE.

Logarithms and exponentiation are new mathematical functions added to the RIDE programming language. Calculations can be performed on the Waves blockchain. Models can be calculated through formulas. The models can be either economic models or physical models . An algorithmic stable coin implementation is a use case related to this functionality.

The founder and the Chief Executive officer (CEO) of the blockchain startup Waves platform Sasha Ivanov said, “I do believe that one of the main obstacles for mass development of decentralised solutions on existing platforms is unpredictable final cost of transactions due to gas. As for the Waves, all transaction fees in our blockchain are fixed and immutable. Waves ecosystem already has all the necessary elements for development: decentralized repository, possibility for creating oracles, tokenization of tangible and intangible values, and now also for development of full-fledged dApps…” Cointelegraph reported.

He has a deep understanding of business, banking, and public administration systems. He is also the founder and the CEO of a blockchain platform called Vostok, according to the official LinkedIn account of Sasha Ivanov.

RIDE was specially designed for a blockchain technology environment, Waves platform reported on Medium.

The blockchain startup Waves platform was established in the year 2016. It is located in Moscow, the capital of Russia. Tools for the development of a decentralized technology layer are designed through Waves. The layer can be the support system of Web3.0. Blockchain, Cryptocurrency, FinTech, Crowdfunding, Crowdfinancing, and Peer-to-peer (P2P) are the specialties of Waves, according to the official LinkedIn account of Waves.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

Shabnam Dhar is a Copy Editor for OWLT Market.

Leave a Comment

Your email address will not be published. Required fields are marked *