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RE: Waves Platform: What’s all the hype about?
I checked the lite client yesterday, it is really fast. I had some waves but my share shrank to almost 1/3 of what it was due to more people buying if i got it right a couple of weeks ago.
yes, unlike the DAO where tokens were created according to Eth sent, Waves had a finite number of coins to be sold. the first guy to send btc had 85M coins at some point (in theory) xD
I had read about this in the Bitcointalk forum or Slack channel - it seems that the number of Waves shrank as more were sold, but apparently the value was supposed to adjust accordingly - increasing in value while decreasing in quantity, to balance out.
I have not verified this is the case, though this is what the Waves team were publicly claiming...