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Waves Mainnet Adds Smart Contract Feature To Its Platform

Waves have approved the introduction of smart contracts to its platform. This led to the release of the first phase of its smart contract as described in a blog update on the 26th September 2018.

Waves MainNet’s Smart Contract

According to the announcement on the official blog after a process of voting by the Waves miners, the blockchain platform agreed to introduce the smart contract to its platform.
Previously, Waves had announced starting the process of activating smart accounts activation on its platform. This has now been brought to fruition. The smart contract was introduced as planned on the block #1,190,000.
The smart contract is noted as the first phase for its users, and it is already activated on the platform. The feature is one of the most hotly anticipated on the blockchain platform, and the group of miners has agreed on it at the appropriate time.
The first phase of the smart contracts launched is smart accounts. The smart accounts are non-turing complete smart contracts; this simply means the smart contracts possess limited functionality.
Notably, the smart accounts create a better opportunity to develop a decentralized application on the Wave platform. This makes setting up an application with RIDE IDE; a unique programming language meant for making the Wave smart accounts.
Also, video tutorials have been made available to the Wave users to understand how the new feature functions on the platform. These can be accessed with this links; Console, Escrow example, and Multisig example.

About Waves Mainnet And Recent Plans and Achievement

Waves is a blockchain project that aids individuals to create their token immediately without any form of prior knowledge on programming. This enables people that have no special training or technical know-how on offering digital currency to have a seamless process in their projects. Also, the blockchain offers services of Waves Client and DEX.
Further, the blockchain has experienced drastic growth of recent, one of which is the increase in the numbers of its wallet users, hitting one million. This is expected to increase with the introduction of smart contracts on the platform.
Also, the blockchain also added new and improved look for Waves DEX and the new Waves Client V1.0 recently.
Meanwhile, plans are underway for more achievement in 2018. This is to come in the implementation of turing complete smart contracts. This achievement among others is expected to impact growth in the trading volume of the Wave cryptocurrency.

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