Waste of Time is the cousin of Waste of Space. He is a character created by RedPuppy47 for the Egypt RP. Red originally only intented this character to be mentioned in one POV, when WoS mentions him after Red states that trying to break the door down was a waste of time. Waste of Space then asked 'What was that about my cousin?'.
It was suggested by some that Red should develop the WoT character into a real character. This will be happening soon, once Red finished working on the final touches for a bit of him and his cousin's background story, which is designed to give the biggest laughs.