VOLARE NETWORK: FULFILLING SATOSHI NAKAMOTO'S VISION

in #volr2 years ago

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WHY BLOCK CHAIN TECHNOLOGY

The entire point of digital innovations and innovativeness is the radical improvement of human life and endeavors. Since their inception, computers have significantly increased the speed and accuracy of computation. The internet, on the other hand, has made interaction superlatively simple, not to mention opening up our individual cubicle-sized worlds to every inch of the globe. Yet, our lives are still not ours to monitor or manage. At the click of a button, our identities can be stolen, our bank accounts emptied, our lives destroyed.

The concept of blockchains envisioned by Satoshi Nakamoto has ushered in a new era, one of liberation and self-determination. This technology is to individuals and corporate entities what secretaries are to taskmasters—they make life indescribably easier. Leaving aside, for now, the many benefits of crypto assets and crypto currencies, blockchains lay the foundation for an easy life, allowing an individual the due privilege of truly owning themselves and never having to worry about untrustworthy intermediaries, delayed deliveries, identity theft, or any of the other deficiencies of the current system of data processing and management, and decision-making.

At its core, blockchain offers a long range of options to live without stress, make smart business deals and transactions, manage personal assets, sell, buy—the whole spectrum of everyday life.

PROBLEMS OF EXISTING BLOCKCHAIN SYSTEMS

The Nakamoto dream was to build a decentralized system of financial transactions with low transactions among others. Some platforms for this technology are already pushing the vision. Bitcoin, for example, has helped us shuffle off the coil of banking, recovering our funds and never having to pay institutions to keep our money. Cryptocurrency transactions are generally powered by centralized or decentralized exchanges. Such exchanges were built with the Nakamoto dreams. However, some of these platforms are either becoming the very institutions they are set to replace or gradually failing to meet up with users and user demands.

Some of existing problems of the block chains systems include:

  1. Centralization of power on centralized exchanges that are gradually becoming the institutions they were meant to replace.

  2. Low transaction speed leading to high cost of transaction fees in decentralized exchanges.
    Scalability Problem for Commercial Use: as a result of the fact that blockchain transactions are typically held on multiple computers, the block chain transactions are not easily scalable under the proof of work. This has necessitated the need for the proof stake to replace the proof works.

  3. The Volare Project was birthed to address the above challenges and much more. The Volare Project has taken up the baton as the first commercially viable blockchain network with the vision of providing strong scalability and speed in commercial crypto transactions. This vision of Volare Network is based on the strength of equilibrium technology developed by EQBR Holdings.

The Volare Network is designed with a framework that is able to support an endless stream of data, providing you with fantastical computational functions, boundless storage for all kinds of data, and unmatched speeds. Volare Network's based innovation, Equilibrium engine, accomplished 4,500 TPS and block generation and confirmation time of less than 3 seconds, consequently a new blockchain stage that can match the functional speed of existing financial systems.
One of the main challenges of blockchains today is the inability to deftly collect and transmit data within a network with a multitude of users. The implication of this bottleneck is that your dream to purchase a particular house, for example, is smashed to smithereens because your blockchain platform is overburdened and has grinded to a halt. There is no such bottleneck with Volare Network.

WHISPER MESSENGER

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The Volare Network is built around an architecture that allows an endless stream of users with an endless stream of demands and operations to run their lives without a hitch. The network has blockchain based messenger called Whisper Messenger.

Imagine doing your P2P transaction directly on your Facebook or WhatsApp messenger. This is what the Whisper Messenger offers. The messenger was built with the vision: "Your Privacy, Our Priority". The messenger has no central server, therefore, all messages are encrypted and automatically destroyed. This means you can share sensitive information like passwords to friends without the fear of being hacked.

The messenger also contains a digital wallet with which you can easily transfer your digital assets to friends in one place. The wallet is a true Hybrid of Social Media and Decentralized P2P transaction. For more information about the Whisper Messenger visit: https://whispermsg.com/

Moreover, your assets are hidden behind blocks of code that only you can access, change, sell off, or whatever else you want to do. No personal data is required to get started with Whisper Messenger. No KYC, No fear of being hacked, no fear of being monitored, no fear of your data being sold and lots more. Volare Network indeed offers what Satoshi Nakamoto envisioned: decentralization at its fullest and best, and a choice to own your assets without external parties playing big brother. It is a choice to create value, transact value, and get back value in whatever form you want.

It is altogether magical. Yet, it is a bit of the good life that Volare Network guarantees and has begun to offer to its clients.

FOR MORE INFORMATION ABOUT VOLARE NETWORK
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
Download Whisper Messenger: https://whispermsg.com/

ABOUT THE AUTHOR

Bitcointalk Username: lynufes
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3469271;sa=summary
Telegram Username: @akojiphilip
Discord Username: akojiufedo#4421
Campaign Category Participated: Article
Whisper MSG Wallet Address: 0x1k93b7d4d082d5411458ac77ecb5941d0457e17e0c624c+5cecd98f84b1b9572b30c780ac41bb324beb9136f2aec4d6b572007621f4d231

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