VANTA-decentralized network without permissions
VANTA-decentralized network without permissions
Hello, guys, I want to tell you about new crypto. And the name of crypto is VANTA Network.
VANTA-decentralized network without permissions, which provides real-time, secure, and private interaction. With VANTA, individuals and corporations will be able to develop real-time data services and commercialize these services at low cost. In the end, VANTA will provide unlimited connectivity between all devices regardless of their location.
Installing the main VANTA client on your computer or mobile device or installing applications developed using the VANTA API will allow you to participate. Network members compete with each other to get the data transfer/storage processing task requested by the network in real time and perform key tasks such as finding and connecting peers (for exchanging data in P2P mode), relaying data, caching, processing and verification.
VANTA's goal is to allow individuals to create decentralized networks that perform real-time data transfer, and also process and store this data by selecting intelligent partners, collaborating and evaluating each other using the VANTA network protocol and consensus algorithm.
VANTA Network is a Decentralized Network for Real-time, Secure, and Private Connectivity.
About Vanta
VANTA Network is a decentralized and unlicensed network that ensures real-time, safe and personal connectivity. Through the VANTA Network, both individuals and companies will be able to develop real-time data transmission services and commercialize these services at a low cost. The VANTA network will ultimately aim to allow unlimited connectivity between all devices regardless of location.
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.
AIMS / GOALS
Allow individuals to create decentralized networks that perform real-time data transmissions as well as process and store that data by selecting intelligent peers, collaborating, and evaluating each other using the VANTA network protocol and the consensus algorithm.
The World’s first decentralized network that enables fast and low-cost development and operation of scalable services that provide infinite connectivity
PROPOSED SOLUTION
VANTA will solve the throughput and cost issues by making the common computers and mobile devices around the world, whose performance rapidly increases each year, contribute to real-time networking.
By building a decentralized network for real-time networking that is not owned or controlled by anyone, Vanta can provide various real-time networking APIs to companies which helps the companies reduce cost, and mitigate hacking and privacy issues.
With Vanta Blockchain, it will be possible to transparently confirm the process of transmitting, storing and deleting data. Decentralized nodes, in addition, transmit and store real-time data, which prevent hacking and excessive/malicious use of personal data.
VANTA intends to create an efficient system that can quickly and safely send and receive data in real-time by creating a competitive system that instantly configures networks according to each situation.
PROBLEMS VANTA AIM TO SOLVE
Increasing network throughput and cost: Current networks and infrastructures that support various real-time networking are reaching throughput limits. This means that companies will not be able to provide reliable services since network and server costs will increase along with the increasing amount of data transmitted.
Real-time networking development costs and problems with centralized services: Many companies are limited (or even fail) to develop real-time networking services because of the cost, time, and skills required to develop and operate such services. As a result, an increasing number of companies are utilizing centralized API services that are prone to cost increase as usage increases, and to hacking or privacy issues because the data is stored on a centralized server.
Privacy concerns resulting from transferring and storing personal data: Currently, a lot of our personal data is being stored on centralized servers in order to provide smoother services/experiences, but at the cost of data being leaked and exposed to the public when the servers become compromised.
Access to data generated by devices and the data usage fees
Trust in the communication between parties and trust in the data transferred from various devices
VANTA provides private blockchain solutions to enterprises, public institutions, and hospitals looking to set up telecommunications infrastructure. A blockchain-based telecommunications infrastructure is cost-effective and easier to use.
The Intelligent Network Platform
VANTA’s intelligent network is a decentralized network that performs real-time transmission, processing, and storage of data. It is comprised of intelligent nodes that select, collaborate, and evaluate each other. All the nodes in the network participate in real-time communication work competition based on their computing power, network bandwidth, memory, reliability, and contribution. And the nodes that have successfully proved their work can participate in block generation. This process gradually evolves the scalability, reliability, and efficiency of the network.
STAKING
Tokens are staked in Vanta for :
API Usage (application developers): Companies that want to develop and operate services based on VANTA must stake VNTs in order to transfer, process, and store data using the VANTA API. There will be an expected amount of workload per month required for each service, and service providers should stake VNTs proportional to it.
API Usage (end-users): In cases when an application developer does not have sufficient funds to continue providing its services, a sudden influx of users, or when required by the business model of the service, developers can set staking rules for their end users. When a new user joins the service or uses the service heavily, the developer can allow the end user to stake the additional amount of tokens required for its workload
Joining as Nodes: Worker nodes that perform real-time networking jobs and participate in the consensus round are required to stake an amount of VNTs in proportion to its workload. Any device can participate in the VANTA network as contributors. They will be working on various real-time networking jobs, verifying each other, generating blocks, and receiving rewards. Participating nodes can be divided into job tracker nodes, worker nodes, or verifier nodes, depending on their roles in the network.
TOKEN SALE: SINCE 14 JAN on https://www.cashierest.com
Ticker: VNT
Token type: ERC20
ICO Token Price: 1 VNT = 0.0009 USD
Fundraising Goal: 15,000,000 USD
Total Tokens: 56,200,000,000
Available for Token Sale: 35%
Accepts: ETH, BTC
The cohesive team brings them considerable experience in companies such as Microsoft, Apple, Oracle, Samsung, IBM Korea, and Voiceloco, the latter also providing significant support and assistance. The team is going to use its network, and VANTA will work with Microsoft Korea to add VANTA connectivity to Microsoft teams, and this will allow enterprises using Microsoft commands to easily connect incoming/outgoing calls through the VANTA decentralized network. In addition, after launching the ARKAS protocol, VANTA will promote and sell services such as UCaaS, as well as voice and video APIs, to customers around the world, joining the Oracle Partner Network.
Website: https://vanta.network
Twitter: https://twitter.com/vantanetwork
Telegram: https://t.me/vantanetwork
Bitcointalk: https://bitcointalk.org/index.php?topic=5095100
Facebook: https://www.facebook.com/vantanetwork/
Author: pasukanbounty
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