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Waves is a blockchain platform designed to simplify the creation and exchange of digital assets and custom tokens without requiring advanced coding knowledge. Its key features include a built-in decentralized exchange (DEX), support for smart contracts, and fast transaction processing with low fees through its proof-of-stake consensus mechanism. What distinguishes Waves is its focus on accessibility and user-friendliness, allowing developers and businesses to quickly launch their own tokens and blockchain applications on a single integrated platform.