Listing FairCoin on the Waves Platform

[guyj]

@matslats has created a token for FairCoin on the Waves Decentralised Exchange platform:

"I've created a Faircoin token on wavesplatform. Identifier: 5NRe99VmbCCxDQd3n1zvNtzudCWvwANc48UZ4BosyHSP
The next thing is we would have to run a waves full node somewhere."

So the question is: what is Waves and how to set up a full node...?

Hopefully this video answers the first question: https://youtu.be/GbFlpw_lGRU

How to set up a full node: https://github.com/wavesplatform/Waves#installation

Video version: https://youtu.be/nPf0p351lK8

One thing we need to confirm is that I believe to run a full node you need to have 10,000 WAVES tokens, so at currently US$8 per token this is not cheap! But possibly the tokens can be leased rather than bought, this is one feature of the Waves platform.

Edit: seems the 10,000 waves can indeed be leased to the node - from their wiki: http://www.waveswiki.org/index.php?title=Tutorials:_How_to_set_up_a_Full_Node

Anyway the software is very interesting and powerful in my opinion and I think it's worth looking into having FairCoin in the Waves DEX.

[guyj]

Another quick guide on how to use the Waves DEX: https://steemit.com/waves/@blocklab/wtf-is-waves-how-to-create-your-own-coin-practical-example-koala-coin-leasing-waves

[guyj]

Easier install guide for Ubuntu: https://github.com/wavesplatform/Waves/wiki/How-to-install-Waves-node-on-Ubuntu

[guyj]

Ok still bumping my own thread...

Apparently the 10,000 WAVES are only necessary to start mining, not to create a new token or to run a full node:

"Also, please remember, you need 10,000 Waves tokens to start mining and those tokens must be in your account for at least 1000 blocks."

WAVES NODE