Why we chose Waves Blockchain.

Hey Blockscarter’s and the wider Crypto community.

Today we wanted to talk about the reasons why we have chosen Waves as the Blockchain to launch our own Digital Asset called BLXS and what benefits users have by opting to stick to Waves Platforms.

In January 2018, we launched a small crowdfund coin offering on the Ethereum blockchain using a ERC20 coin called BLOC.

Our goals while being on Ethereum were to make a Decentralized Application (Dapp) that would allow for a decentralized ecommerce networked platform where fees would be non existent and we would have a Cryptocurrency that would be the payment method for all types of sales. Like satoshi’s goal of having a Cryptocurrency that holds value to purchase real world assets and create value based on demand and reward.

This turned out to be a big mistake if we are being honest as 2 major factors made it flawed for us while being on Ethereums Blockchain.

1: Ethereums gas price, speed of transaction and lack of development made it impossible for us to move forward.

2: If we made the Dapp then we would have a lemon coin situation where if only 1 asset was used as payment then people would struggle to use it.

This ultimately opened up ideas of where to relocate to and the best by far was Waves Platform.

Waves Platform has a major advantage over most current Blockchains in existence.

1: Speed and price of transaction.

2: It’s already POS unlike Ethereum which is trying to upgrade to & Bitcoin which have major issues being POW.

3: It offers one of the fastest, simplest and most secure exchanges with NO CENTRAL AUTHORITY.

4: Our Asset BLXS can be converted into a Sponsored Asset which means; holder will not require any other Cryptocurrency to use as gas/charge for a transaction but use BLXS itself.

5: It allows us to have multiple payment options on the Platform which we can convert to stable coins that stop volatility of funds while held in Escrow.

By having the above advantages, it was what we call a “no brainer” decision to be apart of the best Blockchain in the industry with continued development, a growing community which are backing every Waves project and a Waves Labs service that has offered us a hand in bringing the project to market.

We urge all Cryptocurrency users, hodlers, buidlers to take a moment and take in all the great progress and benefits the Waves Blockchain has to offer and how it can within a few short years become the number 1 Cryptocurrency and Blockchain in the world.

With Waves being our engine, we can soon hope to deliver a truly global peer to peer ecommerce platform which combines the speeds of centralized systems with the ever changing and innovational paradigm shift in financial systems that is a decentralised ecosystem which include transparent, trusted, non returnable, instant payments with the removal of fees.

Blockscart,

For more information regarding Waves and their amazing world changing technology, visit: Forum.Wavesplatform.com

Blockscart Team.