Waves is a blockchain operating upon a Leased Proof-of-Stake (LPoS) consensus. The LPoS system allows for users to lease WAVES to contractors running full nodes. Nodes which get to produce a block can then pay a percentage of the transaction fee they earned to their WAVES leasers.
Transactions are very fast on the Waves Platform. Tokens take the same amount of time moving from the H20X website to my desktop wallet as it takes me switching view from one computer window to the other.
H20X was created by a friend of a friend (I met on the LoMoStar app). The site has its own token, the H20X (ticker: H20). Holding a balance of 10 H20 (value of approximately 0.33 WAVES) allows me to consecutively open multiple new tabs and to avoid having to return to the main faucets page between each individual claim. I also believe holding 1,000 H20 gets you to claim all unclaimed faucets at once (meaning one click, I guess) but I haven't tried it yet.
https://h2ox.io/U_6DN1QRFM3DJXIC
In order to trade your tokens, you'll need to have access to the Waves DEX which is conveniently a built-in of the Waves client. So far, I've mostly been using a desktop version, but writting this blog post has pushed me into downloading the mobile one which seems like a slick app.
https://client.wavesplatform.com/
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