[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Eyan Ronaldo. 𓃵𓃵🏆 [@Timidey4you](/creator/twitter/Timidey4you) on x 27.1K followers Created: 2025-07-02 06:18:10 UTC The $Waves blockchain tracks account balances with precision and transparency, maintaining a complete ledger of all assets owned by each account. Unlike some blockchain platforms that use an unspent transaction output (UTXO) model, Waves' account-based approach makes balances directly accessible and easy to understand. Each account can hold multiple assets simultaneously, from the native $WAVES token to custom assets issued on the platform. Account balances change through transactions, with each valid transaction immediately updating the relevant accounts. When tokens are transferred, they are deducted from the sender's balance and added to the recipient's balance in a single atomic operation. This direct approach simplifies reasoning about account states and transaction outcomes. The system tracks both available and effective balances for each account. The available balance represents tokens that can be freely transferred, while the effective balance includes tokens that have been leased to staking nodes. Leased tokens remain in the account's ownership but contribute to another node's staking power, allowing even small token holders to participate in consensus economics. Beyond the native $WAVES token, accounts can hold any number of custom assets issued on the platform. Each asset is tracked independently with its own balance, allowing users to manage diverse portfolios from a single account. This multi-asset capability enables sophisticated use cases like decentralized exchanges and portfolio management applications. All balance information is publicly visible on the blockchain, allowing anyone to verify an account's holdings without requiring trust in third-party reports. This transparency contributes to the overall integrity of the ecosystem while enabling valuable services like blockchain explorers and analytics platforms. 🔷 The $Waves blockchain ensures transaction integrity through a multi-layered validation process that happens before, during, and after a transaction is included in a block. When a user initiates a transaction, their wallet application first performs local validation, checking that the transaction meets basic requirements like having sufficient balance and proper formatting. The transaction is then signed with the sender's private key, creating a cryptographic proof of authorization. Once broadcast to the network, nodes perform independent validation checks, verifying the digital signature against the sender's public key to confirm authorization. Nodes also validate that the transaction complies with all protocol rules, such as transaction format, fee requirements, and script conditions if applicable. Only transactions passing these validation steps are considered for inclusion in the next block. The LPoS consensus mechanism then determines which node has the right to generate the next block, with selection probability proportional to each node's stake. The selected node bundles valid transactions into a block, signs it, and broadcasts it to the network. Other nodes verify the block generator's eligibility and validate the entire block before accepting it. This consensus approach ensures that no single entity can control the blockchain while providing economic incentives for honest participation. Once a transaction is included in a block and that block has subsequent blocks built on top of it, the transaction is considered confirmed and its effects are permanent. The depth of confirmation (number of blocks built afterward) determines the security level, with more blocks providing greater assurance against potential reorganizations. This careful balance of cryptographic verification, economic incentives, and distributed consensus creates a system that can securely process transactions without requiring trust in any single participant.  XXXXX engagements  **Related Topics** [ledger](/topic/ledger) [blockchain](/topic/blockchain) [cristiano ronaldo](/topic/cristiano-ronaldo) [$waves](/topic/$waves) [coins defi](/topic/coins-defi) [coins pos](/topic/coins-pos) [Post Link](https://x.com/Timidey4you/status/1940293906278580266)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Eyan Ronaldo. 𓃵𓃵🏆 @Timidey4you on x 27.1K followers
Created: 2025-07-02 06:18:10 UTC
The $Waves blockchain tracks account balances with precision and transparency, maintaining a complete ledger of all assets owned by each account. Unlike some blockchain platforms that use an unspent transaction output (UTXO) model, Waves' account-based approach makes balances directly accessible and easy to understand. Each account can hold multiple assets simultaneously, from the native $WAVES token to custom assets issued on the platform.
Account balances change through transactions, with each valid transaction immediately updating the relevant accounts. When tokens are transferred, they are deducted from the sender's balance and added to the recipient's balance in a single atomic operation. This direct approach simplifies reasoning about account states and transaction outcomes. The system tracks both available and effective balances for each account.
The available balance represents tokens that can be freely transferred, while the effective balance includes tokens that have been leased to staking nodes. Leased tokens remain in the account's ownership but contribute to another node's staking power, allowing even small token holders to participate in consensus economics. Beyond the native $WAVES token, accounts can hold any number of custom assets issued on the platform. Each asset is tracked independently with its own balance, allowing users to manage diverse portfolios from a single account.
This multi-asset capability enables sophisticated use cases like decentralized exchanges and portfolio management applications. All balance information is publicly visible on the blockchain, allowing anyone to verify an account's holdings without requiring trust in third-party reports. This transparency contributes to the overall integrity of the ecosystem while enabling valuable services like blockchain explorers and analytics platforms.
🔷 The $Waves blockchain ensures transaction integrity through a multi-layered validation process that happens before, during, and after a transaction is included in a block. When a user initiates a transaction, their wallet application first performs local validation, checking that the transaction meets basic requirements like having sufficient balance and proper formatting. The transaction is then signed with the sender's private key, creating a cryptographic proof of authorization.
Once broadcast to the network, nodes perform independent validation checks, verifying the digital signature against the sender's public key to confirm authorization. Nodes also validate that the transaction complies with all protocol rules, such as transaction format, fee requirements, and script conditions if applicable. Only transactions passing these validation steps are considered for inclusion in the next block. The LPoS consensus mechanism then determines which node has the right to generate the next block, with selection probability proportional to each node's stake. The selected node bundles valid transactions into a block, signs it, and broadcasts it to the network.
Other nodes verify the block generator's eligibility and validate the entire block before accepting it. This consensus approach ensures that no single entity can control the blockchain while providing economic incentives for honest participation. Once a transaction is included in a block and that block has subsequent blocks built on top of it, the transaction is considered confirmed and its effects are permanent.
The depth of confirmation (number of blocks built afterward) determines the security level, with more blocks providing greater assurance against potential reorganizations. This careful balance of cryptographic verification, economic incentives, and distributed consensus creates a system that can securely process transactions without requiring trust in any single participant.
XXXXX engagements
Related Topics ledger blockchain cristiano ronaldo $waves coins defi coins pos