Grabity
GRAVITY - The new internet paradigm
Hello everyone, in this good opportunity I will present the Grabity Project and, to know the benefits of the Grabity Project, the following is an explanation:
Grabity is a public project of Blockchain, for the transformation of the Internet paradigm from a centralized network to a distributed network. The current hardware performance has improved dramatically, even enough for smartphones to perform better than previous servers. However, it does not use 100% of storage space or computing power. Anyone can share computing resources through inactive devices they already own, such as smartphones, tablets and PCs, and users can receive rewards as much as they provide resources, and DApp developers can use shared computing resources to operate services at a cost less. When the Grabity project reaches the commercialization stage,
Orbits Network is Grabity's decentralized main network that draws a truly distributed P2P network by using all inactive computing resources connected by cable / wirelessly. Orbits Network transactions are managed efficiently by using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate parts in each using distributed storage technology and defragmentation function technology that can be recovered by each party and executed in a transmission format.
Network layer: overlay network based on P2P. Verify and then propagate transactions between nodes through the layer. The main one is to make the most use of basic network bandwidth.
Data layer: blockchain data structure and physical storage space. Includes Merkle Tree, Hash Function, Data Block, digital signature and etc. which store blocks and DApp files that contain the transaction history.
Consensus layer: the node that generates a transaction directly verifies its own transaction, and the transaction that has been verified by the majority of certain nearby nodes is generated as a block. This is distributed to other nodes, and if there are nodes that are considered malicious attacks, the details of the transaction are initialized and synchronized with the details of the verified transaction.
Application layer: provide the application interface at the top of the Blockchain Smart contracts, virtual machines, DApp, etc. they are included and directly linked among the data users.
Management layer: the toolkit and the SDK are provided to form the ecosystem development and are located in the third part.
The Grabity ecosystem consists of nodes, communities, applications and platforms, and each institute contributes to the ecosystem based on chip economy. We present the economy of cards and various requirements for the ecosystem to work and develop in the following way.
Symbolic economy
GBT Demand
Consumers who need computing resources must buy GBT.
Need to buy GBT to participate in the ICO on the DApp based on the Orbits network
GBT is the main currency of DApp, and if the users of DApp increase, the demand may increase.
The reward for providing computing resources after the launch of the main network can be expected to increase the demand for GBT, determined from the additional computing resources and GBT.
GBT Supply
The initial 10,000,000,000 GBT for the development and operation of the project are issued from the Ethereum network. The GBT based on ERC20 will be replaced by the GBT based on the Orbits network after the launch of the main network. In addition, given that the main network, GBTs are issued in addition to the consideration of the inflation rate in order to compensate the providers of computing resources. The inflation rate can be flexible, but it will be determined in a way that does not exceed 5% to protect the owners of chips and participants in the ecosystem.
Incentives for entry into the GBT ecosystem
Consumers of computing resources can use Orbits Network using GBT for less than the cost of building or maintaining existing servers, and the IT resource provider can obtain GBT by providing Orbits Network with inactive resources or additional devices of their own. dispositives.
Chip
sales Total chip amount: 10,000,000,000 GBT Token sale amount: 7,000,000,000 GBT
Percentage of total token sales tokens: 70%
Hard cap: 30,000,000 USD
Softcover: 10,000,000 USD
Tokens, except for pre-sale and public sale, sold in private rounds.
Tokens other than 24 must be incinerated.
Pre sale
Chip sales rate: 20%
Bonus: 10%
Public sale:
Chip sales rate: 30%
Bonus: 0%
Chip distribution
Road map
2018 Q4
Intelligent contract Deployment
ERC20 based
GBT token issuance Pre-Sale
2019 Q1
Development of network layer
(overlay network based on P2P)
Planet Wallet Launch of
GBT Public-Sale
2019 Q2
Development of the data layer Development of the
consensus layer
2019 Q3
Testnet Launching
Toolkit & SDK Development
Block Explorer Development
2019 Q4
Development of the application layer
Development of the management layer for the first quarter of 2020
2020 Q2
Orbits Network
DEX launch based on GBT, Application store launch
Hello everyone, in this good opportunity I will present the Grabity Project and, to know the benefits of the Grabity Project, the following is an explanation:
Grabity is a public project of Blockchain, for the transformation of the Internet paradigm from a centralized network to a distributed network. The current hardware performance has improved dramatically, even enough for smartphones to perform better than previous servers. However, it does not use 100% of storage space or computing power. Anyone can share computing resources through inactive devices they already own, such as smartphones, tablets and PCs, and users can receive rewards as much as they provide resources, and DApp developers can use shared computing resources to operate services at a cost less. When the Grabity project reaches the commercialization stage,
Orbits Network is Grabity's decentralized main network that draws a truly distributed P2P network by using all inactive computing resources connected by cable / wirelessly. Orbits Network transactions are managed efficiently by using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate parts in each using distributed storage technology and defragmentation function technology that can be recovered by each party and executed in a transmission format.
Network layer: overlay network based on P2P. Verify and then propagate transactions between nodes through the layer. The main one is to make the most use of basic network bandwidth.
Data layer: blockchain data structure and physical storage space. Includes Merkle Tree, Hash Function, Data Block, digital signature and etc. which store blocks and DApp files that contain the transaction history.
Consensus layer: the node that generates a transaction directly verifies its own transaction, and the transaction that has been verified by the majority of certain nearby nodes is generated as a block. This is distributed to other nodes, and if there are nodes that are considered malicious attacks, the details of the transaction are initialized and synchronized with the details of the verified transaction.
Application layer: provide the application interface at the top of the Blockchain Smart contracts, virtual machines, DApp, etc. they are included and directly linked among the data users.
Management layer: the toolkit and the SDK are provided to form the ecosystem development and are located in the third part.
The Grabity ecosystem consists of nodes, communities, applications and platforms, and each institute contributes to the ecosystem based on chip economy. We present the economy of cards and various requirements for the ecosystem to work and develop in the following way.
Symbolic economy
GBT Demand
Consumers who need computing resources must buy GBT.
Need to buy GBT to participate in the ICO on the DApp based on the Orbits network
GBT is the main currency of DApp, and if the users of DApp increase, the demand may increase.
The reward for providing computing resources after the launch of the main network can be expected to increase the demand for GBT, determined from the additional computing resources and GBT.
GBT Supply
The initial 10,000,000,000 GBT for the development and operation of the project are issued from the Ethereum network. The GBT based on ERC20 will be replaced by the GBT based on the Orbits network after the launch of the main network. In addition, given that the main network, GBTs are issued in addition to the consideration of the inflation rate in order to compensate the providers of computing resources. The inflation rate can be flexible, but it will be determined in a way that does not exceed 5% to protect the owners of chips and participants in the ecosystem.
Incentives for entry into the GBT ecosystem
Consumers of computing resources can use Orbits Network using GBT for less than the cost of building or maintaining existing servers, and the IT resource provider can obtain GBT by providing Orbits Network with inactive resources or additional devices of their own. dispositives.
Chip
sales Total chip amount: 10,000,000,000 GBT Token sale amount: 7,000,000,000 GBT
Percentage of total token sales tokens: 70%
Hard cap: 30,000,000 USD
Softcover: 10,000,000 USD
Tokens, except for pre-sale and public sale, sold in private rounds.
Tokens other than 24 must be incinerated.
Pre sale
Chip sales rate: 20%
Bonus: 10%
Public sale:
Chip sales rate: 30%
Bonus: 0%
Chip distribution
Road map
2018 Q4
Intelligent contract Deployment
ERC20 based
GBT token issuance Pre-Sale
2019 Q1
Development of network layer
(overlay network based on P2P)
Planet Wallet Launch of
GBT Public-Sale
2019 Q2
Development of the data layer Development of the
consensus layer
2019 Q3
Testnet Launching
Toolkit & SDK Development
Block Explorer Development
2019 Q4
Development of the application layer
Development of the management layer for the first quarter of 2020
2020 Q2
Orbits Network
DEX launch based on GBT, Application store launch
For more information, please visit link below :
WEBSITE : https://grabity.io/
WHITEPAPER : https://github.com/grabityorg/WhitePaper/blob/master/Eng.MD#grabityio-whitepaper
FACEBOOK : https://www.facebook.com/Grabity.io
TWITTER : https://twitter.com/GrabityOfficial
TELEGRAM : https://t.me/GrabityENG
WEBSITE : https://grabity.io/
WHITEPAPER : https://github.com/grabityorg/WhitePaper/blob/master/Eng.MD#grabityio-whitepaper
FACEBOOK : https://www.facebook.com/Grabity.io
TWITTER : https://twitter.com/GrabityOfficial
TELEGRAM : https://t.me/GrabityENG
Author : Vehawendit
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2094792
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