Hi everyone, today I want to introduce everyone to a decentralized network project that allows unlimited connections. It is VANTA network.
ICO : https://www.cashierest.com
The need for real-time connection between people or devices is increasing exponentially. A decentralized network that allows unlimited connections with privacy is indispensable.
VANTA will aim to provide solutions to these everyday problems. It will be optimized for real-time data transfer to provide an endless connection between everyone, equipment and information, creating new opportunities for businesses.
What is VANTA network?
VANTA is a blockchain-based ecosystem that aims to develop a smart network for real-time networking. By using the distributed ledger technology (DLT) and the pre-electronic economics, the VANTA system sees participating nodes in the network contributing to the transmission and processing of real-time data so it is not dependent on the Traditional centralized system. This leads to a low-cost, blockchain-based network that can be used by anyone through the API, SDK or custom modules integrated with the currently used application or platform. VANTA can expand its ecosystem through these modules to integrate existing systems that require real-time network connectivity.
VANTA aims to become the world's first decentralized network that enables fast and low-cost development for scalable services that provide infinite connectivity.
In VANTA, participating nodes will compete to contribute to real-time data connection, transmission and processing, providing a low-cost and highly usable smart network. By combining this competitive system with verifiable randomness, VANTA will have a consensus algorithm that will increase scalability and efficiency.
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Benefits that VANTA brings
For developers
Develop and operate a scalable, reliable and highly secure real-time communication service at a low cost.
For users
Use different high quality services for free or almost for free without having to worry about privacy.
For organizations
Build a blockchain-based telecommunications network between different organizations.
VANTA architecture
VANTA has designed an architecture optimized for real-time data. It creates its own platform ecosystem and can be applied as a module for other platforms. Therefore, a range of service developers and users will join and various services with real-time connectivity will be developed.
The VANTA network using the intelligent peer system and KANUS Chain applies Proof of Network (PoN), including a self-developed smart button system that works with Verifiable Random Function (VRF) and Tolerance Practical errors (PBFT) algorithms to help ensure scalability and reliability of decentralized infrastructure.
Evidence of Networks sees nodes earn block rewards based on their contribution to networks and computer resources such as CPU, memory and bandwidth. In contrast to other BFT-based algorithms that require all received nodes and verify proposed blocks to reach consensus. The KANUS string selects a few nodes based on VRF's reliable random function and they participate in suggestions, verifications and block validation. The combination of Proof of Network (PoN), Byzantine Fault Tolerance (PBFT) and Random Verification Function (VRF) creates a unique consensus algorithm called PoN-VPBFT. Furthermore, the verification buttons act as job verifiers for real-time network processing and can participate by betting some VNTs, so low-end smartphones or computers work. Low productivity or battery related problems can easily contribute as a verification button. When new services are launched on the network or when an existing service switches to using VANTA API, the number of users joining the network will increase and the devices of these users can contribute to the network by How to act as verification buttons.
Basic information
Symbol: VNT
Price: $ 0.00088 USD
Hardcap: 15 million USD
Total supply: VND 56.2 billion
Sale: 35%
For more information about the project, please visit the following links:
Website: https://vanta.network/
Ann Thread: https://bitcointalk.org/index.php?topic=5095100
Bounty Thread: https://bitcointalk.org/index.php?topic=5097980
Telegram: https://t.me/vantanetwork
Twitter: https://twitter.com/vantanetwork
Facebook: https://www.facebook.com/vantanetwork/
ICO: https://www.cashierest.com
my bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1213657
