Launched in 2016, Waves protocol has developed into a full-fledged evironments for DeFi applications as well as other dApp cases, combining both security and high transaction speeds for a wide range of on-chain operations and featuring community-driven monetary policy. Waves supports development of dApps of any kind thanks to the protocol’s purpose-designed programming language, Ride. Ride offers formal verification with flat fees and no ‘gas’, resulting in low and predictable operating costs and a zero failure rate for transactions.
The open protocol is developed with the support of the Waves Association located in Frankfurt. Read more about the Association on the website: https://wavesassociation.org