STABILA: The New Generation of Stablecoins

STABILA AND BLOCKCHAIN TECHNOLOGY

Blockchain is a distributed ledger and decentralized database that offers a secure, tamper-proof method of storing information and transactions. Anyone will be able to view and update the information stored on their devices as a result of this invention.

An electronic currency, or cryptocurrency, is a digital asset meant to function as a means of exchange, with encryption used to safeguard transactions, restrict the production of new units, and verify the transfer of assets. Cryptocurrencies are classed as a subset of digital currencies, as well as a subset of alternative currencies and virtual currencies, according to the classification system.

STABILA is a new generation of stablecoins that is meant to peg the value of its coin to the value of fiat currencies, cryptocurrencies, and even gold in the event of a fiat currency or cryptocurrency crash. The platform makes use of smart contract technology, which enables you to create your own stablecoin while also giving you the flexibility to pick whatever assets you want to peg it to. The STABILA team has examined the basic flaws in the design of existing stablecoins and determined that they must construct something altogether new. We think that by keeping our token totally independent from third-party risks and restrictions, we will be able to outperform the competition. Its staff is made up of seasoned forex traders, stock investors, and blockchain aficionados who are all dedicated to bringing about meaningful change in the cryptocurrency sector.

What STABILA Is and How It Works

The Stabila Protocol delivers a public blockchain service with high throughput, flexibility, and dependability, all while remaining cost-effective and efficient. All of the Decentralized Applications (DApps) in the Stabila space have been granted licenses in order to combat fraud and reduce risk for their users. Because of digital transformation, the world may rethink itself – and Stabila is proud to be among the changemakers who are allowing customer-centric services and long-lasting partnerships via technology.

STABILA Mission

STABILA is a system for creating public blockchains that are high-throughput, versatile, and dependable. The STABILA Protocol allows decentralized applications (DApps) that are focused on fraud prevention, risk mitigation, and offering customer-centric services.

STABILA aspires to be the first crypto-ecosystem where developers can create their own stablecoins pegged to fiat currency, gold, or other assets with low risk and high trustworthiness, while also being able to use them within an ecosystem of decentralized applications (DApps) that comply with international regulations regarding anti-money laundering and counter-terrorist financing (AML/CFT) and have built-in Know Your Customer (KYC) functionality.

Overview of the STABILA Network

The STABILA network is a completely democratic platform, with no hierarchy. This implies that the users themselves are in command and make all choices, rather than having a centralized authority choose how things will be administered on their behalf. The inefficiency of completely democratic systems is well-known, since they need broad agreement among all users in order to function. We have, on the other hand, discovered a means to make this procedure more efficient.

The STABILA network differs from other networks in that every account has the possibility to become an Executive. In other networks, each user is only permitted to vote once every block (E). This implies that if you vote for one of your own accounts to become an E in the following block, that account will be able to cast votes on your behalf in all subsequent blocks as well. As a result, you have essentially raised your vote power by a factor of one hundred percent.

With that said, there is a caveat: from that moment forward, your vote power has been reduced by 100 percent. STABILA shall charge the applicant's account 1000 STB for each time we call for votes and an E applies for itself in the ballot box. At this moment, the money is destroyed, meaning that it is permanently removed from circulation and has no future value. This provides consumers with an incentive to submit applications only when they believe the applicant merits it.

The STABILA Token (STB) is being distributed

The Stabila Token (STB) is an Ethereum-based token that will be utilized as a means of storing wealth as well as a medium of exchange on the Stabila Exchange platform. STB has a total quantity of 30 million tokens, of which 20 million will be issued during the initial coin offering (ICO). The remaining ten million dollars will be divided among the miners, the foundation, and the founders.

• The supply of Stabila Tokens (STB) in circulation is 20,000,000.

• The total amount of STB coins that are publicly accessible and currently circulating in the market is shown.

• During the ICO stage, investors will be given the opportunity to purchase STB tokens at a cost of $0.05 per STB token, which is the first public supply.

• The maximum supply of STB coins refers to the total quantity of STB coins that will ever be manufactured. The following is a breakdown of the data:

• The Stabila Exchange - Miners/Proof-of-Work method will mine 10% of all tokens, which is a significant portion of the total.

• Token burning will result in the destruction of 90% of all tokens.

Conclusion: JOIN US IN STABILA RIGHT NOW!!

Furthermore, STABILA has developed a framework that allows its users to develop their own decentralized apps (DApps), which are made available under a licensing regime that fosters trust and confidence in the Stabila ecosystem. API gateway, payment services, and smart contract technologies are just a few of the infrastructural services that DApps may take use of.

Stabilizing crypto-assets via the use of STABILA increases transparency, safety, and convenience for all parties. Today is the day to launch your own stablecoin! Join us right now in STABILA.

#Stabila #STB #Blockchain #Decentralized

Visit the following page for further information about STABILA: STABILA Information Page

Website: https://stabilascan.org/
Whitepaper: https://stabilascan.org/static-pages/white-paper
ANN: https://bitcointalk.org/index.php?topic=5379020.msg58848428#msg58848428
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Content Creator Information

BTT Username: DanielAndersson
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2109689
STB Wallet Address : SdYDzfidE3CHofNwvqoR5Rm5S7C3bqwbjE