STABILA: A solid choice for those who want to spend money without risking it too much.

INTRODUCTION

StabilA is a stablecoin company that aims to provide a decentralized financial system. With more and more people trying to enter the cryptocurrency market and new cryptocurrencies popping up everyday, it can be very difficult for currencies to stand out against each other. Stablecoins help bridge this issue by giving people the freedom to exchange their currency without having too much volatility. They also have applications for DApps in preventing fraud as well as minimizing risks for users.

The goal of this initiative is to develop a fund that will help various organizations and individuals who are interested in contributing financially so that the project can reach its goals.

Stabila is like a symbol of worldly unity, harmonious coexistence and equality. It’s a stable currency that’s distributed in a decentralized manner - which means it can be used as a global currency or form of payment to anyone in any country, despite the economic state of that particular region. The nature of Stabila’s network means there is no central authority behind it who could shut the operation down at any time because Stabila is accessible by everyone.


THE FEATURES OF STABILA

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.


SMART CONTRACT

​Stabila is a platform that has been created from the ground up using industry leading practices to create a completely #decentralized network for shared services. It's built using technology by Google, Ethereum, and an application layer that is intelligently architected in order to achieve its objectives securely. Using it means being able to stay in constant contact with manufacturers at every stage of wanting or ordering products, and it also gives one the power of self-executing smart contracts not only for buying but also for renting based on trust. 


DECENTRALIZED EXCHANGE

Decentralized  exchange  features  are  built in  to the  STABILA network Multiple  trading  pairings make  up a #decentralized  exchange.  A trade Market  between  SRC10 tokens,  or amidst  a SRC 10 token  and #STB, is referred  to as  a trading pair  (notation  "Exchange").  A  trading pair between  any  tokens  can  be  created  by  any  account


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.


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 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


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.


ACCOUNT

In the #Stabila network, there are three different kinds of accounts.

1. A contract account is basically a smart account that's been established by an ordinary account and can also be activated by one.

2. Normal transaction is handled through a regular account.

3. An SRC10 token is stored in a token account. 

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.


TOKENOMICS

Max supply........30,000,000

Total supply......... 30,000,000

Consensus................ 15

Circulating supply..... 20,000,000

Block producing Speed.................. 3

Miners....................... 2


CONCLUSION

STABILA's system is designed to help the everyday person stand out in a sea of commodities. Every user can apply to become an executive by making sure they meet the requirements. Those who have been voted for by other players, which makes them more credible and trustworthy, will receive rewards based on how successful their advice turns out to be. In turn, executives are at risk of losing their position if they don't produce quality guidance for fellow players as well as provide appropriate recommendations when faced with challenging situations that either grow or shrink their own business investments as well as others.



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: Flouba 

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3433589

Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59130430#msg59130430

Telegram Username: @fuba22 

STB Wallet Address: SiVrhxKiJR5hMqQ9MgtT9gJjidGsCM38sy


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