Maybe WAVES 2.0?

I think it will be Waves 2.0. However I would like to see Waves enter the metaverse properly and also have proper cross-chain integration. It is too difficult currently to engage with Waves in a DeFi way. Lets see though what they come up with.

This was just a teaser ("announcement of an announcement")

Here you can read more detailed information that were published yesterday: https://wavestech.notion.site/wavestech/Waves-is-Transforming-1-2-c57b90770e314a5cb3ee6d1d1e6710af

Waves Keeper looks like it swaps between Waves tokens only? Do you have plans to make it possible to swap between chains for example from Waves to Polygon?

Waves exchange has a built in bridge where you can withdraw Eth for example from a wrapped version to the non-wrapped version. There are several bridges actually for different coins. Withdrawing ETH is very expensive on Waves just like any other exchange and you pay both Eth fees and some Waves fees but the Waves fee is negligible. So there are cases where one would pay ETH fees.

To those that stored waves in the nano ledger and thus use it with the waves exchange, how do you restore your waves if


Something happens to your computer?

Something happens to your nano ledger?



Is all you need your nano ledger S seed phrase and that is all?  Do you need to copy down your waves address for that waves account linked to nano ledger?  What about the account number like account id 0 etc?




I had set up the waves wallet with nano ledger but im not sure if it did it correctly.  But as long as you send a tiny amount of waves from your seed phrase wallet to the waves linked nano ledger... and send waves from the waves linked nano ledger back to the seed phrase wallet... then you did it correct right?  Before I could send the waves from the waves linked nano ledger to the waves seed phrase account, it had me verify the long waves receiving address before I can confirm and send.  So as long as I got there... then I set it up correctly?



Also right now... I open waves exchange desktop client and enter my local waves account password in order to get into my account.  When I do this, the first account I see is one of my seed phrase account.  I then click switch account and I could switch to another waves seed phrase account I have.. and also the waves account I just created linked to the nano ledger.  I could see the balance in all of these.  So this is the correct way for me to log into my waves account right?  Because I already have a waves account in a NON EMAIL account, that is the method for me to log in?   It did not let me sign up for a new account on the same pc when I tried to click on ledger/waveskeeper.   For example when you open the waves exchange client, i always click on logging in the software method and entering my waves local password... then when i do that... i then have access to my two waves seed phrase accounts... and the waves linked nano ledger acccount.  I would have thought... wouldn't i connect with clicking on logging in with the middle option which is the ledger or waveskeeper option?  But because of my old setup... the way im doing it is correct right?



Now if i want to send any coins from the waves linked nano ledger account, I need to have my nano ledger connected to pc and confirm all transactions right?  But if i want to have waves sent to the waves linked nano account... its not necessary right since well the waves address is literally right there on the top right corner?



Now this is what has me confused.  If I do not have my nano ledger connected to my pc, could I stake/unstake waves or even trade coins in the waves exchange?  I know I can't send any waves from the waves linked account to any other waves account unless nano ledger connected to pc and I approve the transaction.  But could you trade though without it?  Example imagine wanting to trade waves for btc or usdn or any other coin in  and vice versa in the trading tab.  At firsI it has to be required... but then I thought... no way that would be the case.  Which is it?  

Hey man thanks for the very long response on this.  I have a few more questions and your answers are very clear.  I never had anyone that answered my waves questions so clearly and appreciate that.



1.  I assumed you have removed your waves app from nano ledger few times and re-added it back assuming you use a nano ledger s since it has little space and you needed to add new apps?  Or you never done this because you either didn't need to you have the nano ledger x?  Should I test removing the waves app and re-adding the waves app to see if there is any issue?  I read a case where someone mentioned they removed their waves app due to not much space on their ledger s temporarily and then when they re-added, they mentioned their waves account was not added back... but like their account id 0... it showed a completely different account with 0 waves.  Do you know how this is possible or what kind of issue there is?  They never answered if they found out the solution to this or not.  This is why I also asked if we needed to know if the account id number but you say you just need the waves seed phrase.



2.  Have you ever restored your seed phrase ever with the nano ledger?  I have done that before but i only had btc and bch in it and after adding the apps and the accounts to ledger live, then it showed up.  I'm curious if you ever did this yourself such as restore you entire nano ledger seed phrase and then tested... okay the waves are still there.




3. You say Yes, it seems you did it correctly. When you first set the waves with nano ledger, on the waves instructions, there is a step where it ask Confirm the request on Ledger Nano device by comparing the request hash between the Waves.Exchange app and the data on the Ledger screen. If the hash is correct, confirm it on your device. It is a very long request hash like gmia68ufsoijfkalsjdflasjdfljfkasdklajfdasljfsa if you look at the instructions on this. I am looking at the instructions of it again and I am close to positive I did this when I first did the setup but not 100% though I'm close to positive I had to confirm a long hash like this at setup.  But as long as I had sent waves from the waves seed phrase to the waves nano ledger account and then did it other way around... when it showed the waves receiving address on the nano ledger s screen before me confirming it on the nano ledger device itself...then its 100% that i did this correctly right?  Again, I just want to make sure for certain this new waves account is indeed linked to the nano ledger.  




4.  Do you use the waves exchange desktop client or the waves exchange website?  I always do everything on the desktop client as I'm concerned about doing it in the online wallet.  Though I heard... both is still the same thing in terms of safety?  Or is that not true?  Now you originally had your waves in a seed phrase like most people right?  So did you do exactly what I did?  Basically log into the waves exchange desktop client, enter your local password for software wallet.  Then got into account.  Went to switch account.  Then add account and then add account and thus added the new waves account linked to the ledger?  




5.  You used the term Waves Exchange Master Account.  Wow I like this term as this makes everything easier to describe. Yea... so I could use the same waves exchange master account and only have the waves nano ledger account in it and no issue? Right now I have waves in both of my seed phrase accounts and also in the nano ledger account.  But if i move all my waves from both seed phrase accounts to the waves nano ledger account, can i still log in as I do right now?  But would it even matter in terms of safety if say I have 0 waves in my two waves seed phrase accounts?  The thing is I do not mind keeping these two seed phrase accounts as well even if say it has 0 waves.  But if I move all my waves to the waves nano ledger account, does this mean I can still login by clicking on software and entering the same local password?  If I do this, will the first account that load actually be the waves nano ledger account or one of the other two seed phrase accounts?  I do not actually want my waves seed phrase accounts gone.


So did you uninstall your old waves master account and created a new waves master account with new password and click log in with nano ledger each time now?  Thus your log in now is different than before?  So do you just open waves exchange desktop client, click on connect with nano ledger and enter the new password each time you log in?  




6.  You say Any action that you perform that moves or affects coins that are stored on you Ledger device, like an outward transaction, you will have to review and confirm on the device before actioned. Every time going forward including trading and staking. It is the safety of the device and how it is designed.



I am shocked by this.  So every single trade you need to do, you need to review it and confirm it.  So when you go to stake something, what exactly does it show on the screen?  Do you want to take to this waves address?  When you want to do a trade like say trade 1 waves for btc, what exactly will it display on the ledger screen?  Is it actually going to display the transaction like okay do you want to trade 1 waves for like 0.0000001 btc or something?  

Hey man thanks again for clarifying all of this in detail.  These are my last few questions to your response and that will be all.




1.  My nano ledger has btc, bch apps installed on it.  I recently installed the waves wallet app.  I would not say the waves wallet app is that small, it still uses like 34kb or so?  The apps like bch, ltc are tiny as they are 2kb only.  Btc of course is a bit bigger at over 60kb+.  Right now i still have over 30kb+ available space on my nano ledger s.  I have not needed to remove an app and re-add an app because I don't own so many different coins.  But if I did and say I only had one device, the one app I would make sure to not remove and re-add would be btc.  But now after adding waves, it might be waves I do not remove and re-add.  But have you removed the waves app and re-added it a bit later and no issue?  I can try it as a test but curious if you already did it and it works.




2.  I wanted to know if you ever restored your seed phrase with the nano ledger and then everything restored like normal with the waves.  I have done this before previously with just having btc and bch in it and it was fine.  Oh no... if you tell me it works for you, I trust you and not bother with this.  




3.  So am I fine with this then?  Send pretty much almost all my waves from both of my seed phrases to the waves nano ledger account and say keep just a few waves in each of the waves seed phrases?  Like say keep
1 or 2 waves in each account and send everything to the waves nano ledger account?  The reason I actually want to do this is because I like the way my login is right now.  But even if I send all my waves, its still fine as you say?  Thus open waves desktop client, click on software, enter my waves master account password.  Then it immediately logs into one of my seed phrase accounts and all I have to do is just switch account and go to the other seed phrase account or the waves nano ledger account.  Like since it works the way it is now, I like to keep it that way.  



4.  You say the way I have it now is the same exact security I get if I log in to the second option of the nano ledger with the master account password since it still requires me pressing buttons.  So there really is no point of changing the way I log in right?  Again my concern was me leaving it this way might have issues in the future if I need to restore my nano ledger seed phrase because right now I click on sign in with software... vs ledger in the sign in menu options.  But you said as long as its connected which I already did at setup and have the nano ledger seed phrase, I'm fine.  I also noticed something.  With my two waves seed phrase accounts and the waves nano ledger account... whichever account you are on... before you close the waves exchange desktop client... the next time you log in with the local password, it would open the last account that was closed.  So since I want the waves nano ledger account to show up always first, then I can just make sure its on that account before I close the client each time?



5.  I said

So did you uninstall your old waves master account and created a new waves master account with new password and click log in with nano ledger each time now?  Thus your log in now is different than before?  So do you just open waves exchange desktop client, click on connect with nano ledger and enter the new password each time you log in?  


You said

When you login to the Waves Exchange, select the Ledger option and then type in your Master account password and thats it.





Just to confirm above.  You are saying at the moment, open the waves exchange desktop client.  Click on ledger option to log in.  Then enter the exact master password I am using right now with the software wallet for the ledger option?  I cannot imagine it being like this... I thought you always have to create a new password each time for a different type of login whether its software or ledger?  With this method, you do not need your nano ledger connected to the pic right when you do this?  I know you said earlier you only need it when needing to confirm a transaction.




Because if you look at it from someone who isn't tech savy, doesn't it seem like if you already have a waves nano ledger account, you have to log in with the second option as oppose to the software option?  And it would seem if you weren't tech savy, if you have a waves seed phrase account, you have to click on the software option to log in? Because two different people could literally each have a waves nano ledger account and say a seed phrase account... but one person logs in by clicking on the ledger option...but the other person clicks on the software option?  Then they each click on switch account whenever they want to check their other account whether its the waves nano ledger or the seed phrase account?

Hey man thanks for the response.  Well my only concern is just the way I log into my waves desktop exchange account now assuming I send most or all of the waves to the waves nano ledger account.



Again, I am


Opening Waves Exchange Desktop Client

Logging in by clicking on the software option and then typing in my local password

Then the account I am on... is either one of the two seed phrase accounts or the waves nano ledger account.  But of course I can click on switch account and go to any of the accounts.  Again I have no issue logging in this way each time but this would be the way for seed phrase wallets only.  It just feel strange always logging in this way when you have a waves nano ledger account.




This is different from how I assume most people log into their waves nano ledger account which would be


Opening Waves Exchange Desktop Client

Logging in by clicking on the ledger option and then typing in the local password




The instruction video on the waves site, literally shows creating a waves nano ledger account as if this is the first time someone is creating a waves account.  They don't show a video of someone already having a waves seed phrase account on the same computer and showing that.  



But right now, can I open the waves exchange desktop client and log in with second option of ledger... and type the same local password im using right now to log into software wallet which i always done?  When you mentioned this, that had me confused because how could it be the same local password since logging into the second option of ledger... wouldn't that be completely different?  I would have though you needed to create a new account and thus another local password if you want to log in via second method ledger vs... software.



Yea im concerned about this because I want to make sure everything is correct.  Because I am not sure i set up my waves with nano ledger correctly because Im not clicking the log in via ledger second method each time and clicking on software wallet each time.  There doesn't seem to be issue now, but my concern is if I do a restore of laptop or the seed later on.