Choosing a blockchain platform to build your project can be so demanding especially if you are a non-technical person without blockchain background. There are several blockchain platforms out there, each considering themselves to be the best in terms of speed, scalability and security.

In this article, we will explore some of the most interest qualities to look out for in a Blockchain platform beyond the public claims, buzz, hypes and noise.

Every project founder wants;

  • A platform that will let them easily create an asset without the need to writing code
  • A platform that let users transfer send and receive crypto at a cheap and flat (static) cost within a few seconds
  • A platform that it is easy to find developers who are familiar with developing on it

Criteria to consider when picking a platform

When choosing a blockchain platform to build your project, you as an entrepreneur should consider the following criteria:

  • Scalability and throughput of the platform, especially if you are building a payment solution.
  • Cost for transaction fees and execute the smart contract.
  • Access to information about platform: quality of their documentation, document structure, and availability of external tutorials or guides about the platform.
  • Native tools and products on the blockchain.
  • Evaluate their community. It is even better when the platform has local communities.
  • Cost and ease of setting up a node on the platform.
  • Availability of developer tools: APIs, SDKs, Tests, Sample codes.
  • Ease to trade and list your custom coin/token/asset after creation.

These eight(8) criteria above are very important things to note when picking a blockchain to build or port your ideas and solutions.

Waves is an interesting Blockchain to build on

It is important to mention that there is no harm if stuffs are simple and easy to use, besides it should be the goal of every solution we want to build.

Ethereum is complex and expensive — Henry Chukwuka

Below are some features why every founder should build on Waves

  • Waves-NG: Waves-NG is based on bitcoin next-generation protocol that serializes transactions and offers important improvements in the transaction latency(lower latency) and bandwidth(higher throughput) in comparison to Bitcoin without sacrificing other properties. Waves is scalable. Learn more about Waves NG here
  • Low transaction fee: On Waves Blockchain, it cost 0.001 Waves to transfer assets and 0.005 Waves to execute contracts. These fees are flat, meaning they do not change irrespective of the amount of asset you are transferring or complexity of the contract you are executing. See all transaction fees on Waves here
  • Waves Docs: This is documentation on everything about Waves blockchain with examples, sample codes and guides.
  • Waves Provide FREE native tools: For example; Waves.exchange — a decentralized exchange where assets created on Waves can be traded instantly without a listing fee, alongside interfaces to interact with the blockchain without a technical background. Read our comprehensive technical guide on building on Waves
  • Local and Global communities: Waves has a community spread across several continents including Africa, this enables entrepreneurs easily put their project in the front of their local audience and get support in their native language.
  • Versatile Developer Tools: Waves offers a vast range of APIs, SDKs for known programming languages including PHP, JavaScript, Rust, Java, Python, Go, C, C#. See complete developer guide to start building
  • Dedicated Developer Support: This is one of the most impressive criteria of Waves, as a global and open-source blockchain, it hosts different developers of different continents, timezone and programming background which makes the community stay active 24/7. For technically related issues, Join Waves Developer Group for instant help.

What to do now? Maybe create your project token/asset on Waves. You don’t need to code to make this happen, it cost only 1 Waves and can be done on Waves.exchange

Watch how to create your own cryptocurrency/token on Waves below

The Waves protocol is continually growing, to stay updated with the trend, quickly jump on the Waves Africa community on telegram.

Quick reminder: Waves Africa Reward Token (WART) issued on Waves Protocol will be distributed tomorrow to community members. Read more about WART with the link below:

https://medium.com/wavesafrica/introducing-waves-africa-reward-token-wart-ea4844b3dd5e

Connect with Waves Africa

Similar Posts

Leave a Reply

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