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The Waves Ecosystem: Restart and Decentralize

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On February 20, Sasha Ivanov, the founder of Waves, said on Twitter: \”The Waves ecosystem is effectively restarting. To participate in new Waves, users need Po…

The Waves Ecosystem: Restart and Decentralize

On February 20, Sasha Ivanov, the founder of Waves, said on Twitter: “The Waves ecosystem is effectively restarting. To participate in new Waves, users need Power. To receive it, you need to have your Waves on the Waves chain. You have about two weeks to take it out of the Centralization Exchange.”

Founder of Waves: users have two weeks to take the Waves token out of CEX to obtain power airdrop

Interpretation of the news:


In his recent tweet, Sasha Ivanov announced that the Waves ecosystem is undergoing a significant change – a restart that marks an important shift towards decentralization. With this new development, users will need power to participate in the new Waves, and to obtain it, one must have their Waves on the WAVES chain. Additionally, there is a two-week window for users to withdraw their funds from the Centralization Exchange.

This announcement sheds light on the underlying philosophy behind the Waves ecosystem. It is evident that the blockchain platform is gearing up for a new dawn of decentralization. Centralized exchanges have long been viewed as the Achilles heel of crypto, as they were against the spirit of decentralization. With this move, Waves is set to become truly decentralized, and users will have full control over their digital assets.

Sasha Ivanov’s announcement about the ecosystem’s restart signifies a new chapter for the platform and its users. The concept of power is crucial here, as it indicates the platform’s shift to a consensus algorithm that grants power based on contribution. By participating actively in the platform’s activities, users will earn power that can be utilized to benefit the ecosystem. This strategy will encourage participation and investment in the platform, while promoting the wider adoption of digital assets.

The tweet also highlights the importance of user-owned wallets for the new Waves ecosystem. With the new shift towards decentralization, the platform’s priority is to give complete control to users over their funds. Owning Waves on the Waves chain will grant users power to participate actively in the ecosystem’s governance and decision-making processes. The withdrawal of funds from centralized exchanges may seem like a minor step; however, it is a significant one. It clearly indicates that the platform intends to prioritize user needs and desires over its own.

In conclusion, Sasha Ivanov’s tweet is a game-changer for the Waves ecosystem. The announcement signals a new era of decentralization, where users will have more control over their assets, and the platform’s governance will be more democratic. The concept of power and ownership will play a critical role in the new ecosystem, rewarding users that participate actively and promoting wider adoption of digital assets. The move from centralized exchanges to user-owned wallets is evidence of the platform’s commitment to prioritizing user needs over its own.

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