Volare – The World's First Commercial Blockchain Network
Welcome every crypto lovers again for my latest Project review in the crypto industry. If you are new to this crypto world, I like to introduce you what are the basics and a short history summary about cryptocurrency platforms. if you already know about these basic things you can skip my first paragraph.
Blockchain Introduction
Everyone knows about the most famous coin in the world. yes, you are right, that is Bitcoin. Satoshi Nakamoto is the founder of Bitcoin.
If you think this Coin is like a vehicle, it needs a road to run. so every kind of vehicle needs its own path to run. Boats need Reservoirs like sea, river. an airplane needs the sky to fly. that’s so simple to understand what is the blockchain network. there are many networks right now like roads & many coins, tokens have like vehicles. you need to select the right vehicle and road to drive it. if you choose a car you can only drive it on roads, if you put it to the water, it will be sink definitely. That’s how Blockchain networks work. there are so many popular networks working in recent. so many will come. bep20, erc20, polygon, Solana, Tron network are some of them.
Abstract
Since the creation of the Bitcoin cryptocurrency in 2009, there has been a rapid increase in the total number of digital currencies in circulation globally. In simple words, a cryptocurrency is a digital or virtual currency designed to function as a medium of exchange. Over the years, cryptocurrency’s meaning has shifted from a mere means of online payment settlement. It has broadly expanded that many projects have emerged to define use cases for crypto and the blockchain. Digital Assets are becoming mainstream and need infrastructure that can combine efficiency with real-world required compliance. However, despite the positivity and euphoria that surrounds this new emergence, certain issues are still of concern to users. There’s not enough infrastructure that can combine blockchain efficiency with real-world required compliance and the number of use cases.
The Volare project provides an important leap forward as the first blockchain network in the industry in terms of Equilibrium’s strengths, innovation capabilities, and speed. This deals with the pith hoping to make the blockchain biology program a real business.
About Volare
The Volare Network has shown that the alternative blockchains currently on the market are not as suitable as fully commercialized blockchains. These blockchain networks have considerably slow trading speeds compared to the old client-server strategies, as well as poor measurability. For users who are used to the high speeds of traditional networks, the sluggishness of these blockchain networks will not meet users' wishes. Furthermore, its low scalability because of its structural limitations is also a big problem. The transaction load on a particular service can drop to any or all of the other services within the network, leading to low utility for users and therefore a major disadvantage for operators.
The Volare Network was designed with a structure capable of supporting an infinite flow of data, providing fantastic computing functions, unlimited storage for all types of data and unparalleled speeds. The innovation based on Volare Network, the Equilibrium engine, reached 4,500 TPS and block generation and confirmation time of less than 3 seconds, consequently a new stage of blockchain that can match the functional speed of existing financial systems.
One of the main challenges of blockchains today is the inability to skillfully collect and transmit data within a network with a multitude of users. The implication of this bottleneck is that your dream of buying a particular house, for example, is smashed to smithereens because your blockchain platform is overloaded and stopped. There is no such bottleneck with the Volare Network.
Micro-chain Architecture
Volare aims to achieve a distributed, trustless, perfect ledger that is fully transparent and verifiable by the public. It aims to bring intelligence to the blockchain layer through an equilibrium network architecture that addresses scalability, performance, and cross-chain communication.
Volare has established an open source community in which both enterprise users and developers can contribute to the development of blockchain technology.
ECOSYSTEM
Volare Network is a company specializing in the operation of blockchain, including blockchain game development and blockchain game operation.
Volare Network is committed to fostering a healthy decentralized application ecosystem that is not just user-friendly but also helps develop a healthy blockchain community.
API Features
Volare Network enhances the use of the digital assets ecosystem by creating an environment that promotes the development of high quality services, especially blockchain-based games.
Third-party developers will be able to easily integrate into the Volare Network, develop services, and use the blockchain network as they will be given smart contracts in the form of APIs, required for service development. This means that a variety of appropriate services will be developed, and services in the ecosystem will have a good chance of increasing the value of each token through friendly competition.
Tokenomics
Tokenomics provides the distribution or allocation of tokens in percentage of the total ss supply.
- Private Sale: 15%
- Public Sale: 5%
- Reserve: 40%
- R&D: 25%
- Marketing ( Airdrop, bounty campaign etc.): 5%
- Team and Partners: 8%
- Advisors: 2%
Roadmap
Conclusion
Volare is a blockchain project that uses Equilibrium's technology to enhance scalability, speed, and security. It aims to create the world's first commercially viable blockchain network based on the strengths enabled by Equilibrium's technology strong scalability and speed and to act as a public chain that can be used by enterprise users.
$VOLR #Volare #mVOLR #VOLR #Cryptocurrency #HODL #Airdrop #whisper
For more information, please visit:
Website: https://volare.network/
Twitter: https://twitter.com/volare_official
Telegram: https://t.me/volareofficial
Youtube: https://www.youtube.com/channel/UCIB26JuIgcg36faGVgPTzpA
Medium: https ://medium.com/@Volare_Official
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