STABILA: : A decentralized application for portfolio management, buy and hold digital coins.
INTRODUCTION
STABL is a blockchain-based service that centers around helping [businesses](https://www.facebook.com/stabilacrypto) minimize and mitigate business-related risks. One of the best ways one could go about doing this is by encouraging businesses to create a #decentralized, transparent system which facilitates all transactions on the network, thus protecting them from various frauds and scams. By creating such a system, it not only saves companies considerable amounts of money but also ensures swift and accurate inter-company payments via smart contracts. It is a [revolutionary](https://stabilascan.org/) platform that brings both investors and dealers together under the same roof to establish a secure environment so they can interact with each other. As an autonomous, secure and transparent environment for buying, selling and trading [investment](https://twitter.com/moneta_holdings) products that can’t necessarily be accessed through traditional channels, it enables fresh players to invest how they want through new financial tools for the online future – at no cost or fee whatsoever – just as soon as they set foot in the door.
STABILA is a project committed to making #decentralization possible in the financial system. The protocol provides a public #blockchain service with high throughput, flexibility, reliability, and security. Applications (DApps) in the #STABILA space are licensed to counter fraud and minimize risk for their users. All #decentralization efforts are united together so that they each can support and maintain one another for a more successful route towards establishing real freedom and #decentralization for all.
THE FEATURES OF STABILA
TRANSACTION
STABILA utilizes 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 in order to get our public key before any [transactions](https://twitter.com/moneta_holdings) take place for added security during development execution. To begin building a basic #blockchain platform we must first convert unprocessed information into byte format, and then hash it in order to ensure we keep private data secure at all times during application development.
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 VIRTUAL MACHINE
Stabila Virtual Machine (SVM) is a fully virtualized #blockchain service created to provide users with a safe, convenient and efficient living environment with the latest in #Stabila series of virtual machines. The SVM currently supports DPoS consensus, transaction rewards, smart contract liquidity providers and other cash services (UCR). Users running the SVM delegate operate using three unalterable rules of conduct: - User Rewards - Prevent Transaction Faults - Decrease Type Errors These two concepts work together to create an agile machine that operates just as efficiently as it was programmed to.
DECENTRALIZED EXCHANGE
Stable Tokens are a part of the #Stabila Network. The token pairs on our #decentralized exchange consist of multiple different trading pairings. One type of pairing is referred to as an exchange because it involves one #STABILA network token (denoted as SRC) or a #STB paired up against another SRC network token or even SRC to #STABILA. The #STABILA blockchain code is written in Java and operates on the TRON TVM platform.
CONCENSUS
Many new networks have suggested the Proof of Stake (PoS) consensus technique. Token holders in PoS networks "lock up" their token holdings in order to transform them into block validators. The validators propose and vote on the next block in turn. One difficulty with traditional PoS is that validator power is proportional to the number of tokens that have been locked up. As a result, parties with huge amounts of the network's "basic currency" hold excessive power over the network ecosystem.
The STABILA Consensus Process employs a novel Delegated Proof of Stake approach in which network blocks are created by 21 elected Governors (Gs). Members who choose to enroll in the network by depositing their #STB account holdings have the opportunity to vote for a selection of executives, with executives known as Governors. The top 21 Governors consist of a Leader, Lieutenant and 20 Enablers. The Leadership triumvirate is responsible for managing governance functions such as enacting amendments and conducting consensus voting initiatives on proposals listed within our Governance section, making decisions about project token allocations and kickstarting Treasury activities. All other Executive positions serve advisory roles that help the Leadership triad, including liaison positions with external parties.
STABILA ARCHITECTURE
The STABLA platform is a #decentralized network for shared services. It uses multiple architectures - Google Protocol Buffer, Ethereum Consensus Layer, and an Application Layer - to create a multidimensional system that allows users to bypass unnecessary intermediaries involved in transactions at every step of the process when choosing, ordering or using products.
ACCOUNT
In the #Stabila network, there are three different kinds of accounts.
1. Normal transaction is handled through a regular account.
2. An SRC10 token is stored in a token account.
3. A contract account is basically a smart account that's been established by an ordinary account and can also be activated by one.
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.
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
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.
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.
Normal transactions with regular bandwidth use cost bandwidth points. There is no charge for any query - it costs neither UCR nor bandwidth.
BANDWIDTH
Smart contracts can consume both bandwidth and conventional resources and also cost UCRs. However, you may be able to earn tokens for earning your own deposit. There are a limited number of tokens that can be accessed every day to help meet the costs. When #STB transactions are broadcast, they're replicated across the network and distributed as byte arrays which include information about the specific coin that has been transferred by its owner.
TOKENOMICS
Max supply........30,000,000
Total supply......... 30,000,000
Consensus................ 15
Block producing Speed.................. 3
Miners....................... 2
Circulating supply.... 20,000,000
CONCLUSION
In the #STABILA network, every account is eligible to apply for executive positions. These roles require votes to be granted them by the general public. The top 21 executives with the highest votes will be elected as governors, and they'll have power and responsibility over block creation. Votes are counted every six hours, and governors are updated accordingly. There's a fee associated with becoming an executive to prevent malicious attacks on your account.
The more #STABILA Power that a person has, the more votes they can cast in favor of what's best for the network. To acquire #STABILA Power, simply hold CDSTB (STABILA Coin). Every STABILA network account has an equal opportunity to vote for the projects that matter most to them. If a user doesn't have any CDSTB at all following the initial release, their voting power decreases and their voting will essentially become worthless until such time as they hold enough CDSTB to make their voice heard again.
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: Ulomaco
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3427515
Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59049931#msg59049931
Telegram Username: @ulomaco
STB Wallet Address: SQAucyuEq68rzLwRi4fMDq7cavHnpP8fk6
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