Stabila is a unique cryptocurrency, just like bitcoin, but different in its terms of operation especially unit of value. Stabila platform wants its token, STB to allow transactions without the need for a middleman #STB. It will be decentralized, and all users will be able to access stabila and its token. This blockchain will help users take control of their financial assets and make good use of it with the help of stabila #Stabila. The platform makes use of a voting system where they elect a governor to govern the activities of the platform and maintain the network. All the accounts on stabila can apply to become an Executive(E) on the stabila network. These executives are voted in by the community. The top 21 executives that have the highest votes will become the Governors, responsible for creating blocks. Every six hours, the votes placed will be checked, and the governors will also update. For such an important position, a fee is required before one can successfully become an executive. When the user applies, they will be charged with 1000 STB as charge. It is from here that the executive account can now decide whether to apply for the governor election.
ELECTION
Users use Stabila Power(SP) to vote and the quantity of SP needed usually depends on the voter's staked assets(STB) #STB. Here is the formula used to calculate SP. To locate the bandwidth, 1 SP= 1 STB(To use of vote during election).
Every Stabila network accounts can vote for their governors by their own free will #Stabila. Users will suffer the loss of their stabila power if they don't have enough STB CD ed assets after the release. This means that STB is ready to be voted during the election, all the current and future voting rounds are cancelled.
EXECUTIVE REWARD
The top 79 executives will share their earnings(78 STB) earned once per round. The price given to each of them will depend on the number of votes each executive score. 28,834 STB will be given to the 79 G's every year.
BLOCK INCENTIVE
The top 21 executives(G's) voted in by the community will share their earnings among each other(1,596 STB). This will be done every round. This reward is also known as the Governor reward, and it will be shared among the 21 G's. 2,330,657 STB will be given to the 21 Gs every year #STB. Every two years, the usual reward used to mine stabila is halved.
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.
CONCLUSION
Blockchain technology has strongly effected the finance world, and with the help of decentralized finance, it will go introduce a new phase of finance. As finance changes, our everyday life concerning finance also changes. Stabila will help push the idea of complete decentralization of finance to the crypto world #Stabila. With its STB token, the platform will help give back all that investors have lost to scammers. They will put the control of funds back in the hands of their users, giving them space to invest and earn profits from doing so. Users can get in touch with the stabila platform and experience their token during their airdrop which will take place on Telegram #Stabila.
For More Information Visit
Website : https://stabilascan.org/
Whitepaper : https://stabilascan.org/api/static/Stabila_Whitepaper_(7).pdf
Twitter : https://twitter.com/moneta_holdings
Facebook : https://www.facebook.com/stabilacrypto
Telegram : https://t.me/stabilastb
Linkedin : https://www.linkedin.com/company/stabilacrypto
Instagram : https://www.instagram.com/monetaholdings/
YouTube : https://www.youtube.com/channel/UChFtE8tAVlkWGkFrUb-7KOQ
Publishers Details :
Forum Username: Onwuba
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3405891
Stabila Wallet Address: SfjoMjgYS72tgnSbTt9njEvzNiEC7ABAgP