VANTA Network is a Decentralized Network for Real-time, Secure and Personal Connectivity.
VANTA is a blockchain-based ecosystem that aims to develop smart networks for real-time networks. Using leded ledger (DLT) and crypto-economics technology, the VANTA system sees nodes participating in the network contributing to the transmission and processing of real-time data so as to eliminate dependence on traditional centralized systems. This results in a low-cost blockchain-based functional network that can be used by anyone through the API, SDK, or customizable modules that integrate with applications or platforms currently in use. VANTA can expand its ecosystem through these modules to integrate current systems that require real-time network functionality.
The purpose of VANTA Network is to enable individuals to create decentralized networks that transmit real-time data and process and store that data by selecting smart partners, collaborating, and evaluating each other using the VANTA Network protocol and consensus algorithms.
Intelligent Network VANTA also functions as a decentralized network that transmits data, processing and storage functions in real time by choosing partners who collaborate and evaluate each other. The VANTA Ecosystem also includes a Network Framework which is a non blockchain framework built on PGP encryption standards that helps networks achieve high levels of performance when dealing with secure real-time communication and data transfer. In addition, the ARKAS Protocol, a decentralized P2P network protocol, builds a smooth routing channel across nodes, while the CANAN Chain adopts a Network Network consensus algorithm that combines smart nodes, which involve themselves with Randomly Verifiable Functions (VRF) and Fault Tolerance Practical Byzantine (PBFT) to maintain efficiency in addition to cost reduction.
The VANTA network utilizes a smart peer system and the KANUS Chain adopts Proof of Networking (PoN), which consists of a self-developed smart node system that works alongside Changeable Verification Functions (VRF) and Practical Byzantine Fault Tolerance (PBFT) algorithms to help ensure scalability and the reliability of decentralized infrastructure.
Proof of Networking sees nodes getting block prizes based on their contribution to networks and computing resources such as CPU, memory and bandwidth. It is different from other BFT based algorithms that require all nodes to receive and verify blocks that are proposed to reach consensus. The CANAN chain selects several nodes based on VRF trusted functions and they participate in block proposals, verification, and confirmation. The combination of Proof of Networking (PoN), Practical Byzantine Fault Tolerance (PBFT), and Verifiedable Random Functions (VRF) creates a unique consensus algorithm called PoN-VPBFT. In addition, the verification node acts as a job verifier for real-time network processing, and can participate by risking a number of VNTs, therefore lower-end smartphones or PCs with battery performance or battery-related problems can easily contribute as a verification node. When new services are launched on the network, or when existing services migrate to use the VANTA API, the number of users participating in the network will increase, and this user device can contribute to the network by acting as a verification node.
VANTA has many strong points, therefore it might actually be easier to start with the area of concern. First, this is a Korean project and requires more time to verify, and because of the nature of VANTA there are many things that can be accepted. The project also has a high limit of $ 15 million for 35% tokens, and close to $ 43 million on a base that is fully diluted. In addition, the road map shows that prospective investors may have to wait up to six months for significant developments, and the team faces intense competition from other strong Korean projects such as ICON.
After saying this, VANTA is strong in a number of key areas. For example, this team is solid and combines significant experience in companies such as Apple, Microsoft, Apple, Oracle, Samsung, IBM Korea and Voiceloco with the latter also providing significant support and assistance. The team is set to utilize their network and VANTA will work with Microsoft Korea to add VANTA connectivity to the Microsoft Team, and this will enable the company to use the Microsoft Team to easily connect incoming / outgoing calls through the VANTA decentralized network. Furthermore, we will launch the ARKAS Protocol, VANTA will promote and sell services such as UCaaS, and voice and video APIs to all customers around the world by joining the Oracle Partner Network.
Token info
Token VNT
Platform Ethereum
Type ERC20
Price in ICO 0.0009 USD
BONUS
15% for all private investors.
Tokens for sale 19,670,000,000
Investment info
Accepting BTC, ETH
Distributed in ICO 35%
Hard cap 15,000,000 USD
Roadmap
According to the roadmap, testnet VANTA is planned to be released in Q2 2019 and mainnet is scheduled for Q3 2019.
VANTA plans to conduct an Initial Exchange Offering (IEO) and not a common Initial Coin Offering (ICO).
The current IEO date is TBA.
Team
The VANTA Network Team consists of 26 members. You can check all team members on the VANTA website — https://vanta.network/TeamFull
For more detailed information about the project:
Website: https://vanta.network/
Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5095100
Facebook: https://www.facebook.com/vantanetwork/
Twitter: https://twitter.com/vantanetwork
Telegram: https://t.me/vantanetwork
Author
Forum Username : oli2tak
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=2103005
wallet address : 0xdC519330E1a23cFFb9C4BFd335e05E4e87fAcA2b
