STABILA: The future of decentralized finance; faster payments, security and stability.


INTRODUCTION

STABILA is a project dedicated to decentralizing the financial system. Its protocol provides a public #blockchain service with high throughput, flexibility, and reliability that is optimized for applications (DApps). All in all, the #STABILA platform fights fraud and minimizes risk for users interested in decentralized trading space.

#Stabila is a revolutionary service that brings the digital world closer to your physical life by helping to generate entirely new and innovative ways in which you’ll never have to worry about online payments or other tasks for friends, family and others for yourself.

#Stabila is a Tokenized Platform that Put [Cryptocurrency](https://stabilascan.org/) and #Blockchain to Work. Stabila makes sure that everyone who uses our platform receives immediate payments in the form of tokens (they can also be referred to as coins) to help make their lives easier daily. Security is a big issue for cryptocurrency users in this digital age, which is why #Stabila has taken #blockchain technology and applied it not only to payment methods but to keeping information safe by providing dynamic encryption software to protect important data. Also, on top of advanced security measures, #Stabila offers users a secure method of [transferring](https://t.me/stabilastb) funds from one person to another or even across different countries and continents at low cost because of where they are based (the Caribbean) which allow us to pass saving on directly so that customers are able to keep more besides just having access to important cashflow via smart contracts without any third party interference.


STABILA PROTOCOL

The STABILA Blockchain Protocol is a revolutionary platform that brings together traders and investors in one ecosystem so they can interact with each other and enjoy the kind of asset-backed investments that aren’t generally available through traditional channels. As a secure online marketplace for trading securities, it enables new players to invest how they want by using new financial tools for the online future – all with the aim of ensuring their money doesn’t sit idly by or go to waste if not invested properly. Enabling both investors and owners with the option to have quick access to products](https://www.facebook.com/stabilacrypto) that in most cases might not be available anywhere else but are accessible through our Blockchain-based platform for buying and selling, STABILA is a much-needed safe haven for both groups. This prestigious independent marketplace allows users to interact with one another anonymously, focusing on making short-term trades in order to get some of the fastest performance rates currently available online specifically when it comes down to investments and their return on investment.


THE STABILA FEATURES

STABILA ARCHITECTURE

The STABLA Platform is a fancy word for multidimensional network based on #blockchain technology. This platform allows different people to directly connect with each other without intermediaries who might negatively interfere with what's going on. This direct peer-to-peer connection makes transactions much faster and more effective – plus it cuts out the unnecessary middlemen that might be hindering some of your business transactions in the past.


STABILA VIRTUAL MACHINE

The Stabila Virtual Machine (SVM) is a #blockchain service that uses the #Stabila #Blockchain. SVM currently provides protection against transaction faults, user rewards and efficient transactions. The #Stabila Virtual Machine enforces five rules of conduct: - Fully-Automated Control - Mission Analysis - Proactive Preventative Systems - Scalability Technology - Secure Platform The combination of these elements allows for high performance with fairness, security and scalability.


DECENTRALIZED EXCHANGE

 A decentralized exchange allows for different kinds of cryptocurrencies to be traded. For example, let's say someone has some SRC10 tokens and wants to trade it with other types of cryptocurrency. The person can make a request which is put up on the decentralized exchange. When someone else has that particular cryptocurrency the requester wants, they can then accept the trade from each party involved. This way people can freely trade their various cryptocurrencies that they might have for ones that they desire.


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


BANDWIDTH

Smart contracts consume both bandwidth and units of conventional resources, while also consuming UCRs.

Users can earn bandwidth credits simply by generating deposits. These are contracts of deposit, which are listed and distributed by the #STB network. There is a limited number of free bandwidth points that can be accessed every day to help users pay their expenses. When an #STB transaction is broadcast, it's replicated across the Tokenbox and distributed as a byte array which includes information about the specific coin that has been transferred by its owner. The amount of bytes needed to store the transaction multiplied by the same number of bandwidth points required for one transaction equals daily max payout limits for such a currency network.


CONSENSUS

#STABILA uses delegated proof of stake which relies on executives and Governors. There are 21 Executive Governors in #STABILA, who handle the creation of blocks. Account holders can delegate their voting power to any one of them by converting their unvested balance into vested cryptocurrency tokens. Having done this, customers can trade their tokens for someone else's vested token and thus vote for that person as an Executive Governor during election periods scheduled every six months. The highest voter will become the new Executive Governor after a multi-step verification procedure is completed.

One of the most exciting new cryptocurrency advancements is a process known as "Proof Of Stake." The advantage of this technology is that it helps responsible participants to help validate each new transaction block within the network. This particular strategy helps all type of currency systems are open, democratic and #decentralized by allowing anyone with tokens at stake to all be eligible.


TRANSACTION

#STABILA uses 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 to get our public key. This is done before any transactions take place for added security during application development execution. To start building a platform #blockchain, we must first convert unprocessed information into byte format and then hash it using SHA 256 afterwards to lock things in place and make it all happen as required when implementing features into production.


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.

 - 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

 -  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.

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

3. Normal transaction is handled through a regular account.


FEES

The STABILA network is completely free to use, with most transactions being completely free and open to the public. However, certain additional features will incur a transaction fee owing to network constraints and fairness.

1.Transactions with normal bandwidth costs cost bandwidth points.

 2. Smart contracts are not only expensive in terms of UCR, but rather they consume bandwidth as well for the transaction to be broadcasted and verified. 

3. There is no charge for any query transactions and neither does it cost bandwidth nor UCR.


TOKENOMICS

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

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

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

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

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

Circulating supply.... 20,000,000


CONCLUSION

Every #STABILA network member is eligible to apply and become an Executive. Executives are voted on by the general public. The top 21 executives with the highest votes will be elected as Governors, having the power and responsibility to create blocks. Every six hours, the votes are counted, and the Gs are updated appropriately. There is a fee to becoming an Executive in order to avoid malicious attacks.

There are three ranks a person can have in the #STABILA network: regular user, executive, and governor. The ranks of executive and governor are voted into office by the people as a whole whereas regulars must submit an application to be considered for these positions. Application costs 1000 #STB to deter malicious users from trying to make themselves vested without being elected. Only those who apply will see their application fee returned if they do not become either executives or governors after two weeks of applying (the reason for this is because we are incentivising applications that make sense.) All applicants start out at one rank, but will be asked to renew their rank status when they max out with 900 STABILA or gain more than 10000 total #STABILA through other means like referrals.


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: Babrasoki 

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3437418

Proof of Authentication: https://bitcointalk.org/index.php?topic=5379099.msg59110846#msg59110846

Telegram Username: @babrasoki 

STB Wallet Address: 0xeBC157033d2E1176a78AA119E5309EA9090f6efA




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