INTRODUCTION
STABILA is a project dedicated to the #decentralization of the financial system. The #STABILA Protocol offers public #blockchain service and support of high throughput, high scalability. The goal of the project is to bring the entire financial system to the same technical level of modern technology. The main advantages of the project are the presence of a reliable, speedy and secure infrastructure and ability to provide interoperability between #blockchain networks, which allows to create a single, global ecosystem. This is planned to be achieved by integrating a number of #blockchain-based solutions, creating their own public #blockchain platform
FEATURES OF STABILA
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.
SMART CONTRACT
Smart contracts serve one of the most important functions on this blockchain, they enable you to verify that agreements formed online are being followed by the parties concerned and in a way, serve as an additional layer of trust for anyone navigating independently through these new kinds of digital terrains. That said, it's wise to remember that smart contracts have their flaws just like any technology. The challenge for us will be overcoming this obstacle and enabling prospective buyers and sellers on our platform to make fully informed decisions about how things proceed. From what we can tell from this initial encounter with smart contracts, we believe that adding a small portion of our application to the Ethereum network is the way to go since it offers both parties peace of mind.
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.
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.
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.
- 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.
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.
- Normal transactions with regular bandwidth use cost bandwidth points.
- 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.
- 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
Miners............... 21
Block producing speed.... 3
Consensus........ 15
CONCLUSION
#STABILA ensures that anyone can become an Executive. The Executives in #STABILA are elected by the populous and thus receive their positions through popular vote. The top 21 highest-voted for executives then get to share a forging power with the Governors. Every six hours, votes are re-calculated and Executive ranks are reassigned based on popularity as measured by each participant's #STB holdings. Anybody who wishes to apply for a position must pay 1 000 #STB in processing fees in order to prevent corruption, which could compromise the integrity of the platform's credibility if placed in undeserving hands.
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: Martinport
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3433564
Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59098438#msg59098438
Telegram Username: @Martinport
STB Wallet Address: SZT8GpWmfdPvqagY3YHudLxkh2eTEwCrMx