The Waves platform complements the Waves Client with a focus on exchange functionality DEX

Waves , one of the leading players in the blockchain market and the pioneer of Web 3.0, is constantly striving to improve the platform, making it as efficient and convenient as possible. According to the research and analysis of user feedback, the Waves team decided to focus the development of the desktop client on trading.

“Before that, we developed Waves Client as a universal application with broad functionality ,” comments Alexander Ivanov , founder and CEO of Waves.

“For almost three years, we collected feedback, analyzed user behavior and concluded that, in order to meet the interests of users, the product needs to be changed.”

An analysis of user behavior has shown that an absolute majority of them work with DEX stock tools. The functionality of the leasing wallet will remain an integral part of the exchange. However, priority in product development will now be given to stock instruments.

Now Waves Client allows you to install scripts on your account, and these functions, as the study showed, are used only by developers.

The script installation function in the decentralized exchange will no longer exist, it will go to the Waves IDE: all the conditions for creating and debugging such scripts are created there. However, the function of installing the script to an asset will be saved: it is necessary for those who issue tokens on the Waves platform and apply their business logic to them. Still, any tokens released on Waves will be automatically available on DEX.

For more efficient product development, it was decided to launch a separate communication channel with an audience of traders. Various aspects of trading will be discussed in the new Twitter account Waves DEX .

In addition to new accounts in social networks, Waves DEX will have a new site. Exchange will be available on the domain dex.wavesplatform.com , but when moving to a new domain, users will be redirected to client.wavesplatform.com . This is done so that all passwords stored in the browser continue to work.

The exchange interface was also improved :

• redesigned navigation;

• moved the menu to the top of the screen;

• Added buttons 25%, 50%, 75% and 100% in the formulation of the order.

The mobile application will develop according to the same principles – with an emphasis on exchange functionality and taking into account the interests of users.

The Waves team, as before, adheres to the roadmap and is not going to deviate from it – all the promised functions will be implemented in accordance with the plan:

• Multiaccount. Users can easily switch between accounts in one application.

• 2FA. Two-factor authentication will provide Waves DEX users with even more security.

• Gateway ERC-20. Creating a gateway for ERC-20 tokens in the Waves ecosystem will allow trading any tokens of this standard on the platform.

• Market orders. Traders can quickly sell tokens at market prices.

• DEX optimization. Improving DEX performance and optimizing device memory usage.

There will also be offered a more convenient API for trading with bots and optimizing UX / UI in order to implement the best design solutions for trading platforms.

O waves

Waves belongs to the world leaders in the blockchain industry and is one of the pioneers of Web 3.0. Since its founding in 2016, the Waves mission has been to build a blockchain ecosystem that allows us to solve real problems in various fields. The Waves team is developing tools to create a segment of decentralized technology, which will be the basis of Web 3.0 – the digital landscape of the future.

Waves provides everything you need for backend development of Web 3.0 services, including an intuitive and user-friendly UX for end users, including IDE, code plugins, nodes, oracle manager, API interfaces (DEX, Data Services, Node, Auth, Payment, Waves Keeper), libraries and explorer (testnet, mainnet, PyWaves). Also, the Waves team developed RIDE, a special programming language for creating smart contracts and decentralized applications on the blockchain platform.

In April 2017, the decentralized DEX exchange, a fast and secure tool for trading popular cryptocurrencies, was successfully launched. At the end of 2017, the Waves-NG protocol was activated, providing unprecedented bandwidth, while the validation of each transaction takes no more than a few seconds. In March 2019, the RIDE programming language for dApps was updated, allowing developers to create full-fledged applications for Web 3.0 on the Waves blockchain.

Publication date 03/06/2019
Share this material on social networks and leave your opinion in the comments below.