STABILA: The Best Cryptocurrency To Buy In 2022
INTRODUCTION
STABILA is a #decentralized #blockchain platform that provides a public service to the world of financial systems (Payment Systems and Applications) with high transaction throughput per second, flexibility, and reliability. With DApps in the payment processing space, #STABILA minimizes fraud for its users in order to make payments for resources on the network more convenient.
STABILA FEATURES
A. STABILA ARCHITECTURE
STABLA is a #blockchain-based #decentralized platform for shared services. Utilizing three layers, the #StabilA protocol is built on Google Protocol Buffers, Ethereum’s Consensus Layer, and an application layer. It removes unnecessary intermediaries from transactions in supply chains and customer relations, ensuring that distributors have direct contact with manufacturers at every step of choosing, ordering and using products. It gives users total control over the goods they wish to purchase or order through trust proxies like smart contracts.
B. 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.
C. SMART CONTRACT
Smart contracts serve one of the most important functions in #blockchain - they are how you can confirm that things happened. However, we know that at times smart contracts can be problematic because they cannot interface with real-world data. We hope that by adding a small portion of our application onto the Ethereum network , it will help us overcome this barrier and enable us to provide the best experience possible for everyone involved
D. 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.
E. 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.
E. 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.
F. 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.
- 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 - 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.
G. 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.
H. 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.
I. 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.
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
In the #STABILA network, anyone can be an Exec. Executives are voted for by the general public and the top 21 highest-voted execs will be promoted from Vice President to share a block-making power with the Governors. Every 6 hours, votes will be counted and executives will updated accordingly based on their popularity. However, becoming an executive is not free of charge. There is a fee required when applying to become one to avoid hostile attempts at lying their way into a position of power. This application fee is 1 000 STB and, once paid, applicants will receive all privileges associated with being considered for VP, but only then can they start applying for Executive roles and voting rights through our system.
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: Zumec
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3434507
Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59046886#msg59046886
Telegram Username: @zumec20
STB Wallet Address: SjpNNHa6u3BPES5fJp8RdbnXS9CBDjC1sb