What is Waves? WAVES is a decentralized blockchain platform focusing on custom blockchain tokens operations. National currenciesShow more [+] transfer is maintained on the WAVES blockchain through compliant gateway operators.
The WAVES token serves as the ‘fuel’ for all operations on the Waves network and as a spam-prevention mechanism. A fixed supply of 100 million WAVES tokens was created after the crowdsale. The transaction fee for simple WAVES or token transfers is 0.001 WAVES, whilst it costs 1 WAVES to create a new token on the network.