Sasha Ivanov, the CEO and Co-Founder of WAVES and Units.Network, is a prominent figure in the ever-evolving crypto sector. WAVES operates as a blockchain network using the proof-of-stake consensus mechanism, while Units.Network is an interconnected blockchain ecosystem promoting innovation with cross-chain solutions. In a recent interview, Ivanov discussed the achievements of “Power Protocol” and the potential of blockchain technology to revolutionize the financial sphere.
Blockchain technology, according to Ivanov, has the potential to create a more transparent, cost-effective, and secure financial infrastructure by removing intermediaries. He sees blockchain as a tool to disrupt societal structures and create decentralized governance models, driving a new era of administration.
Despite the present inactivity in the crypto trading markets, Ivanov remains optimistic about the future, highlighting the potential of crypto as a hedge against traditional financial uncertainties. He also discussed the innovative ‘Power Protocol’, which aims to advance DAO governance by introducing governance accountability and rewarding decision-makers for successful outcomes.
The ‘Power Protocol’ stands out from other governance models due to its continuous process of governance improvement, which assesses the efficiency of individual DAO participants and adjusts their governance power based on their performance. Ivanov also discussed the characteristics of Units.network, emphasizing its goal to enable a simple process for launching blockchains and securing blockspace.
The Waves ecosystem, operating on the Power Protocol, is fully decentralized, with projects funded through the Waves DAO. Ivanov stressed the importance of decentralized incentives in driving blockchain ecosystems and ensuring their self-sustainability.
Looking towards the future, Ivanov remains positive about the growth of the DeFi sector and the potential of initiatives like Units.Network and “Power Protocol” to lead the way to a brighter future in the DeFi realm. He also hinted at the upcoming launch of Units.Network, which will transform Waves into a fully decentralized, multi-purpose ecosystem capable of supporting any Web3 endeavor.