Bitcoin and blockchain technology has the potential to transform our world in many ways. It has the potential to give digital wallets to those who do not have access to financial services, fight fraud, and replace legacy systems with more efficient ones. As blockchain technology is developing at a faster rate than expected, cryptocurrencies are becoming significantly more popular. The cryptocurrency business has experienced significant growth and expansion, attracting a large number of new entrants as well as seasoned traders and investors. While Bitcoin (BTC) gets most of the attention, those who are familiar with the cryptocurrency know that Ethereum has been the top-performing blockchain overall for the past several years.
The Ethereum blockchain has been the basis for a large number of decentralized applications (dApps). Furthermore, ETH engineers contribute to the strength and value of the Eth blockchain. Early users who are still developing their own blockchain versions are reluctant to give up ETH because doing so requires a significant investment of time, effort and money. Additionally, if you are going to start from scratch and develop the blockchain today, there is no way you can choose Ethereum as the platform on which to do so. Ethereum technology is too slow and too expensive to be practical. As a result, the majority of future developers will base their projects on the Stabila blockchain.
What exactly is the Stabila blockchain?
STABILA is a project that aims to decentralize the financial system as much as possible. A high-throughput, flexible and reliable public blockchain service, while still being cost-effective, is provided via the STABILA protocol. STABILA has licensed all DApps in the STABILA space in order to prevent fraud and reduce risks for its individual users. Customer-centric services and long-term partnerships are made possible through digital transformation, and STABILA is proud to be among the change makers by enabling these services.
Ethereum technology, like any other competing technology in the market, is more user-friendly, faster and cheaper than Stabila technology. Stabila is a blockchain-based smart contract platform for powering decentralized financial technology applications, sometimes known as DApps. It competes with other blockchain-based smart contract platforms, including Ethereum and Bitcoin. Using the delegated Proof of Stake method, the blockchain is protected while maintaining its speed and efficiency at the cost of a certain degree of decentralization. The network is powered by STB, the network's original cryptocurrency, which is used for payments, incentives for miners, and provision of network services.
In 2018, Moneta Holdings released Stabila, a cryptocurrency and blockchain. Smart contracts and decentralized applications (also known as DApps in the crypto industry) are backed by the Stabila software, making it a viable platform for other cryptocurrencies in addition to the Stabila cryptocurrency, which is essential to the functioning of the blockchain network.
How do the characteristics of Stabila:
Proof of Stake – Stabila has a delegated Proof of Stake mechanism, which means that it consumes significantly less power than competing currencies like Bitcoin. The Stabila network is much faster than Proof of Work systems such as Bitcoin, which relies on an extensive network of crypto miners to process transactions. Open Banking in Stabila crypto unites banks, third parties and technology suppliers, allowing them to communicate data in a simple and secure way for the benefit of their respective consumers. Stabila helps you hedge against crypto volatility by allowing you to build your own stablecoin. Pair your cryptocurrencies with assets such as fiat money and gold, and you will be able to benefit from a more stable crypto world, which will help promote greater security among crypto users.
In order to decentralize the financial system, Stabila is a project dedicated to this goal. The STABILA protocol provides public service and support for all (DApps) in the STABILA ecosystem, with the high throughput, high scalability, and high availability that the protocol offers.
STABILA is built on a three-tiered design
Storing sensitive data and digital assets is made possible through the use of multi-decentralized technology that provides military-grade security while also meeting data privacy compliance standards. With DataVault Storage SaaS, companies may benefit from a proprietary blockchain operating system (OS), which provides an extraordinarily secure environment for data storage and management. In particular, it is designed to assist companies and financial institutions, as well as governments, in secure communication and management of sensitive data and digital assets in a permission-based, non-fraudulent and impenetrable environment.
In addition to being a command line version of a wallet, Core-Wallet-Cli also includes key tools for interfacing with the public STABILA chain. A web wallet is a wallet that integrates with a blockchain explorer. StabilaClick is an amazing STABILA wallet dedicated to providing customers with comprehensive capabilities, convenient user experience, and secure financing alternatives at an affordable price.
STABILA Blockchain Explorer is the name of the app. It includes all necessary features, such as search for transactions/accounts/blocks/nodes/smart contracts, on-chain statistics, token generation, built-in online wallet and decentralized exchange (DEX).
The STABILA protocol is built on the Google Protobuf standard, which by default allows the extension of multiple languages.
STABILA Virtual Machine (SVM) - SVM is a complete, lightweight Turing virtual machine that is optimized for performance and efficiency. Currently, SVM is fully integrated into the existing ecosystem.
Decentralized Exchange (DEX) - The STABILA network has pre-installed decentralized exchange elements. A decentralized exchange consists of a number of trading pairs. A trading pair (called an “exchange”) is a swap market between SRC-10 tokens, or a swap market between SRC-10 and STB. Any account has the ability to create a trading pair between any two tokens.
For more information, please visit:
Website: https://stabilascan.org/
Whitepaper: https://stabilascan.org/static-pages/white-paper
Telegram: https://t.me/stabilastb
Facebook: https://www.facebook.com/stabilacrypto
Twitter: https://twitter.com/moneta_holdings
YouTube: https://www.youtube.com/channel/UChFtE8tAVlkWGkFrUb-7KOQ
Linkedin: https://www.linkedin.com/company/stabilacrypto
Reddit: https://www.reddit.com/r/moneta_holdings
Author
BTT Username: AdrianD3Maestas
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=3402160
STABILA Wallet Address: SSDS3P9v1kDNRjrobA3MbpnPFmMsM3r8zG