STABILA: Creating Unique Opportunities for Customers In Online Games And In The Filed of Digital Asset Trading
INTRODUCTION
#STABILA is an innovative revolutionary #blockchain-based protocol created with the aim of serving as a holistic digital platform in the sphere of #decentralized fintech innovations that ensures high-speed transactions along with transparency and accessibility to users. All of its features have been built for the purpose of countering fraud, thereby making it safe for use by people from all across the globe.
STABILA FEATURES
STABILA ARCHITECTURE
#STABLA is one of the worlds first #blockchain-based platforms for shared services that dramatically improves the way people procure and share products in a #decentralized ecosystem. Utilizing three levels the StabilA protocol based on Google Protocol Buffers, an Ethereum-based layer called Consensus and an application layer. #STABLA redefines supply chains and customer relations. By putting every user in direct contact with manufacturers at every step of choosing, ordering and using products, it allows users to order goods themselves or through trust proxies like smart contracts.
- SMART CONTRACT
Smart contracts are the most important instruments of #blockchain and the vision of the future. However, they are not perfect yet. Their main problem is that they cannot connect with the outer world, which makes them ineffective in many cases. To solve this problem, we are implementing parts of our platform on top of Ethereum .
- DECENTRALIZED EXCHANGE
A #decentralized exchange is a cryptocurrency trading platform that is not run by any company or anyone. It is instead a network of users who interact with each other. What makes it a true #decentralized exchange is the fact that there is no single point of failure or control. The primary platform that the #Stabila Network is built on and will run on is a #decentralized exchange. The #decentralized exchange is built into the network as part of its architecture. There are several different components of this exchange. This blog will look at these components and how they work together.
- STABILA VIRTUAL MACHINE
The SVM (svm) is a Turing complete virtual machine that is lightweight. The SVM is fully integrated into the current environment. It features a new machine register, the single-bit register, which allows operations between the CPU and RAM.
A virtual machine is a computer that emulates a physical computer. A virtual machine allows multiple operating systems to run on the same physical computer. The SVM provides the environment in which operating systems can be run.
- TRANSACTION
#STABILA uses a typical elliptical curve domain (ECDSA) cryptographic system for transaction signatures. We currently have our choice of the SECP256K1 curve to use as our selection. The public key is a point on the elliptical curve, while the private key is a random number that is first multiplied by the base point of our elliptic curve equation to get our public key. This is done before any transactions take place for added security during application development execution. To start building a platform #blockchain, we must first convert unprocessed information into byte format and then hash it using SHA 256 afterwards to lock things in place and make it all happen as required when implementing features into production.
- CONSENSUS
The #STABILA consensus process incorporates a novel Delegated PoS approach in which 21 selected members called governors review and confirm the network’s transaction blocks. The network's members who hold CD accounts have the opportunity to select the governors, with the top 21 being selected by supermajority vote.
Many new networks suggested the Proof of Stake (PoS) consensus technique. Token holders in PoS networks lock their token holdings in order for them to be able to produce blocks. The longer the period of token holdings being locked, the more opportunities a token holder will have to produce blocks. The more blocks a token holder produces, the more rewards that token holder will gain.
- ACCOUNT
In the #Stabila network, there are three different kinds of accounts. A) A normal transaction is handled through a regular account. B) An SRC10 token is stored in a token account. C) A contract account is basically a smart account that's been established by an ordinary account and can also be activated by one.
a. Account Creation
There are three ways to create an account on the #Stabila platform. The first is the easiest and fastest way and it only requires the user have some basic technical knowledge so they can use the API and create a new account through code. Additionally, it is also possible to move SRC10 tokens to an existing #STABILA address or send any SRC10 tokens to a new #STABILA address directly via your command line wallet, if you happen to prefer this method of creating an account.
b. Private key and addres generation
An address and a private key can be used to create an offline key pair. The user address generation algorithm begins with the creation of a key pair, followed by the extraction of a public key, which is then incorporated into the #blockchain in order to complete a transaction.
- BANDWIDTH
Smart contracts consume both bandwidth and units of conventional resources, while also consuming UCRs.
Users can earn bandwidth credits simply by generating deposits. These are contracts of deposit, which are listed and distributed by the #STB network. There is a limited number of free bandwidth points that can be accessed every day to help users pay their expenses. When an #STB transaction is broadcast, it's replicated across the Tokenbox and distributed as a byte array which includes information about the specific coin that has been transferred by its owner. The amount of bytes needed to store the transaction multiplied by the same number of bandwidth points required for one transaction equals daily max payout limits for such a currency network.
- FEES
Most of the transactions you perform on the #STABILA network are free, but bandwidth usage is subject to costs owing to system constraints and fairness. 1. Normal transactions with regular bandwidth use cost bandwidth points. 2. Smart contracts that are not coded effectively for cheaper bandwidth can prove both expensive in UCR as well as requiring additional bandwidth points so that their transactions may be broadcasted and verified by other users. 3. There is no charge for any query - it costs neither UCR nor bandwidth.
- STABILA VIRTUAL MACHINE
SVM is an acronym for #STABILA Virtual Machine, which is a fully virtualized machine. Its purpose is to create an efficient, convenient and reliable blockchain service. SVM was initially a fork of TRON TVM that works in tandem with the existing Solidity smart contract development environment. DPOS consensus is also supported by SVM. The notion of UCR (Unique Chain Register) is used in SVM because transactions and smart contracts executed on SVM are free of charge and no #STB is required. The compiler converts the Solidity smart contract into bytecode that SVM can read and execute accordingly.
TOKENOMICS
Circulating supply.... 20,000,000
Total supply....... 30,000,000
Max. Supply..... 30,000,000
Block producing speed.... 3
Consensus........ 15
Minners......... 21
CONCLUSION
#STABILA is a #decentralized platform for decision making and reaching consensus that works and has been shown to be more effective than traditional ways. It’s a platform where everyone can participate, such as by giving feedback or suggestions from their experiences in the industry which are then taken into consideration. The platform also disperses consensus in real time, meaning that anyone can give their opinion in an emergency situation if there's an urgent need for one wherein everyone will immediately know how best to proceed using common knowledge of things like how payments are processed. With a multi-pronged approach, STABILA works to solve issues with the way currency travels through various channels at the moment while also improving communication within organizations.
PROJECT LINKS
Website: https://stabilascan.org/
Telegram: https://t.me/stabilastb
Whitepaper: https://stabilascan.org/static-pages/white-paper
ANN: https://bitcointalk.org/index.php?topic=5379020.msg58848428#msg58848428
Facebook: https://www.facebook.com/stabilacrypto
Twitter: https://twitter.com/moneta_holdings
Youtube: https://www.youtube.com/channel/UChFtE8tAVlkWGkFrUb-7KOQ
Reddit: https://www.reddit.com/r/moneta_holdings/
LinkedIn: https://www.linkedin.com/company/stabilacrypto
Instagram: https://www.instagram.com/monetaholdings/
AUTHOR
Bitcointalk Username: Helpcruel
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768343
Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59005968#msg59005968
Telegram Username: @Helpcruel
STB Wallet Address: SXbJSfy1Av7Dd1pA2fKUpAxXc3MkKTzA16