STABILA: Stabila DAO seeks to give individuals the ability to create and operate their very own autonomous organization that anyone can join.
INTRODUCTION
#STABILA is a #decentralized cryptocurrency platform that allows individuals to invest in their user-friendly currency platforms. The #STABILA protocol offers unique #blockchain solutions capable of providing excellent transaction speeds as well as user-friendly trading options that allow newer investors access to the more detailed technologies in cryptocurrency markets they may have been looking for modern platforms with #blockchain components able to be tailored to their investment needs. With the presence of a secure, cost-efficient and highly scalable infrastructure, these new investors are now able to move fluidly between #blockchain networks expanding the overall ability of this ecosystem to reach a global scale.
A #STABILA network is full of #decentralized features. Marketplaces, dApps, and different trading pairings comprise an exchange. This creates a platform where any new token type can be created.
The #STABILA #Blockchain Protocol is a #decentralized marketplace that will allow online users to access modern financial tools and options that are not currently available in the market at this time. The presence of a stable, secure and highly efficient ecosystem for all of its users allows for streamlined investment opportunities for newer market players looking for up-to-date technologies that would be suited to their individual needs as both investors or owners of digital assets. With the option to move between several different #blockchain networks seamlessly and in an easily accessible manner, users now have full control over the future development of their own community and its direction
#Stabila DAO changes how investment is done by removing the need to trust others and instead verifying code - 100% transparent, verifiable with all authority vested in the code itself.
THE FEATURES OF STABILA
CONSENSUS
The #STABILA consensus mechanism uses a delegated proof of stake approach in which the network's blocks are created by 21 Executive Governors (EGs). #STABILA account holders who convert their accounts are able to vote for someone from the group of Executive Governors, who will become one of the 21 Governors that process transactions and create network blocks.
In recent times, many new cryptocurrency formations have been suggested. One of the most popular ones is Proof of Stake, a technology where token holders lock their tokens up in order to be able to participate and validate each block within the network. The blocks are validated using validators who propose and vote on them as they go down the line. PoS systems usually have what is known as a staking model which results in validator power becoming proportional to the amount of coins that are being staked, rather than by computational power like Proof of Work does. However, these systems possess one major flaw - users with large stakes hold excessive control over the blockchain ecosystem because they eventually become the network’s stakeholders and can execute double spends at their will.
SMART CONTRACT
#Stabila is a complete #blockchain driven #decentralized platform for shared services. Utilizing three layers, the #Stabila protocol has been created using Google Protocol Buffers, Ethereum’s Consensus Layer, and an application layer. It removes unnecessary intermediaries from transactions in supply chains and customer relations. This means that users have direct contact with manufacturers at every step of choosing, ordering and using products. Additionally users have total control over the goods they wish to purchase or order through trust proxies like smart contracts
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.
STABILA VIRTUAL MACHINE
Stabila Virtual Machine is a fully virtualized #blockchain service created to provide users with a safe, reliable and convenient living environment with the most advanced technology in the #Stabila series of virtual machines. SVM currently supports DPoS consensus [5], transaction rewards, smart contract liquidity providers and other cash services (UCR). SVM delegates operate using 3 unalterable rules of conduct which are inherent to the code itself: - User Rewards - Prevent Transaction Faults - Decrease Type Errors These three methods work in tandem with one another.
DECENTRALIZED
EXCHANGE
A #decentralized exchange is made up of multiple trading pairs. In each pairing, you're able to trade a SRC10 token with #STB or any other SRC10 token out there. So, for instance, if you wanted to exchange one of your SRC10 tokens for another type of SRC 10 token, this is called a single pair (notation "Candlestick"). Similarly, if you were to trade your SRC10 token against #STB (or vice versa), this would be considered a single pair as well (notation "Candlestick"). Also note that any number of single pairs can exist within this structure.
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.
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.
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.
TOKENOMICS
Circulating supply.... 20,000,000
Consensus................ 15
Total supply....... 30,000,000
Max. Supply..... 30,000,000
Miners............... 21
Block producing speed.... 3
CONCLUSION
#STABILA accounts are eligible to become Executives. Executives are nominated by the public, and a maximum of 21 executives (labeled as G‘s) are elected per round. G‘s have the power to create blocks and will be re-elected every 6 hours based on the votes they receive. Applicants must pay a fee to become an Executive. They will be charged 1 #STB for their application, plus 0.0005 #STB per STABILA they have in their account when they apply.
The amount of Stabila Power (SP) required to cast a vote is determined by the voter's CDed assets (STB). The following formula is used to compute SP: 1 SP = 1 STB CDed To acquire bandwidth, Every STABILA network account has the ability to vote for their own Gs. Users will lose all SP if they don't have any CDed assets following the release (UNCD, accessible in 3 days). As a result, until #STB is CDed again to vote, all votes for the current and future voting rounds become worthless.
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
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