Decentralized blockchain platform Waves has announced the release of two of its signature features on mainnet: the decentralised exchange (DEX) and Leased Proof-of-Stake (LPoS). The DEX is accessed via a full node or via the API at start but will also be made available or users of the lite client. LPoS, allowing anyone to lease their mining power to a full node and receive rewards while increasing network security.
Wavesâ€™ DEX offers a number of advantages, including asset-to-asset trading, increased speed with trades being executed almost instantly due to the matching engine, but are still settled on the blockchain. It also offers crypto and fiat tokens integration, allowing users to trade most popular crypto and fiat assets represented by corresponding tokens. When the GUI is completed for the DEX and integrated in the lite client, traders will experience an interface similar to the bitcoin/altcoin exchanges that exist in the cryptocurrency sphere.
The Matcher enables decentralised cryptocurrency trading in near real-time with new technology. Matcher nodes pair buyers and sellers, executing trades instantly whilst still ensuring these are ultimately settled on the blockchain for maximum transparency and security. Matchers will receive fees for the service they provide, adding an additional revenue stream for Waves full nodes.
In addition to the release of DEX on mainnet, ordinary users will be able to lease their mining power and receive rewards from the fees from transactions that the node processes whilst the holder maintains full control over their funds, and can cancel the lease at any time. Only two transactions are required: Lease and Cancel. WAVES mining power is leased to an address associated with a full node. Leasing will shortly be implemented within the lite client.