Volare Network's Stable And Growing Ecosystem Will Allow Virtual Assets' Value To Expand Consistently
Volare Network argued that the other blockchains available today fall short of the standards necessary for a truly commercial blockchain. These blockchain networks have minimal scalability and slow transaction speeds compared to conventional server-client architectures. Users who are accustomed to the fast speeds of conventional networks will find that these blockchain networks are too sluggish. The restricted scalability inherent to its structural limitations is another major issue. When there is a high volume of transactions on one service, it affects all other services in the network, leading to decreased customer satisfaction and a major issue for the network operator.
To date, no other commercial blockchain network has been able to address these two key issues as well as Volare Network.
EQBR Holdings
Let me now take a moment to present a few of the divisions that make up EQBR Holdings, the parent company of Equilibrium.
Numerous services are available and detailed on the EQBR Holdings webpage. The multidirectional services established by EQBR Holdings are a prime example of the effective commercialization of blockchain technology.
Services
- Whisper MSG
Whisper is a service that grew out of the realization that users' private data and identifying information are not adequately safeguarded in the digital sphere. Whisper MSG, developed to address this issue, makes use of the lightning-fast processing speed of the Equilibrium engine to send messages to users in real time. Furthermore, full P2P encryption allows for a safe messenger service. Whisper MSG reveals intuitively that it has the potential to be a successful commercial solution and that it might potentially address the inadequacies of blockchain technology, where poor speed has been a big concern.
- SLUSH
Using the Slush service, you may store and manage your digital assets in a secure blockchain wallet. There are other wallets out there whose purpose is to handle virtual assets, but an all-in-one solution like this one is ideal for keeping track of your virtual possessions no matter where they may be located. Wallets serve the purpose of transferring funds, but their slow speeds and lack of smart contract features prevent them from providing any other value-added services. Slush makes use of Equilibrium's escrow features, allowing its users more freedom in their choice of payment and exchange options.
- EQBR DEX
In order to facilitate the trade of virtual assets in a decentralized setting, EQBR DEX was created. Users' assets are stored and managed on a single server in a centralized exchange, which opens the door to a number of potential security threats. However, users of decentralized exchanges are in charge of safeguarding their own funds.
- MyFlex
You may trade in NFTs that are in great demand on MyFlex, an NFT marketplace powered by the Equilibrium engine. Built on the Equilibrium platform, it offers the same swiftness as a conventional server-client based marketplace and is distinguished by great speed and scalability. These benefits are what have us expecting a significant increase in the NFT sector in the near future. Since this facilitates P2P trades between users, it is also a great illustration of the philosophy behind blockchain technology.
Tools
This time around, you'll learn about some of the exclusive resources EQBR Holdings has created.
- EQBR Block Explorer
The ledgers of Equilibrium-based networks are displayed on this page. The Block Explorer is a crucial benchmark since it is a publicly distributed ledger based on the blockchain idea. As an alternative to Ethereum's EtherScan, consider using Block Explorer instead. The purpose of creating Block Explorer was to facilitate the retrieval of data pertaining to network transactions and blocks. Furthermore, it enables search options for each user, block, and transaction to quickly examine and verify transactions, making it more convenient for both developers and regular people to utilize.
- EQBR Gateway
The EQBR Gateway was created to facilitate exchange of information across various systems. Crucial to the success of microchain-based networks based on the Equilibrium protocol is the Gateway solution. It paves the way for value transfer across networks with varying nodes. For instance, the Gateway solution may be used to bring in frequently traded virtual assets like Bitcoin and Ethereum. Existing networks' inability to quickly process asset transfers has been overcome.
Equilibrium
Equilibrium details the methods for improving transaction times and scaling. In contrast to the majority of the current crop of blockchains, Equilibrium does not rely on Proof-of-Work (PoW) for its network consensus. EQBR Holdings' own consensus algorithm, Equalize, is designed based on PBFT. Improvements in speed are the consequence of these modifications to the consensus method and other enhancements.
Finally, the lack of scalability is no longer an issue thanks to the new architecture. Given the challenges with existing blockchains that are also present in monolithic systems, EQBR Holdings has adapted the notion of micro services architecture to the blockchain, resulting in the Micro-Chain variant of Equilibrium. In this episode, we have explained the benefits of Equilibrium in a very concise manner. The subsequent issue will provide further information.
Volare Ecosystem
Volare Network has established a stable and developing ecosystem, through its different services, that will allow the value of virtual assets inside the network to rise steadily.
Thanks to API Supporter services, service operators and developers have had seamless access to Smart Contracts, allowing for more robust ecosystem engagement. In addition, an increasing number of high-quality services are being added to the ecosystem, which opens up several doors for encouraging competition to drive up the utility of each token.
Having Volare Network's DEX in the ecosystem has increased the value of virtual assets. In addition to the many advantages of decentralized exchanges already well-known to the public, virtual assets exchanged on DEX create liquidity pools inside the network, and the exchange value allocated to each token allows operators to deliver better services. Further increasing Volare's Exchange Value and developing a forward-thinking ecosystem is the Volare Network DEX, which facilitates the trading of digital assets from other networks.
For more information visit:
Website: https://volare.network/
Telegram: https://t.me/volareofficial
Twitter: https://twitter.com/volare_official
Whitepaper: https://s3.ap-northeast-2.amazonaws.com/cs-files.eqbr.com/VOLARE/Volare_Business_WhitePaper.pdf
Medium: https://medium.com/@Volare_Official
Wallet: https://whispermsg.com/
Reddit: https://www.reddit.com/r/VolareNetwork
Bitcointalk username: AF_Nill
Whisper MSG Wallet Address: 0x1k1f5f83897d37c711650f2fcf21143e3a3c640cff6a88+1cefcf9a4c8c2958a9cdc5e485ee8d6c5f539af674a466eea4cfc9e09f014c5a
$VOLR #Volare #mVOLR #VOLR #Cryptocurrency #HODL #Presale #Whisper