Stabila : Aims To Decentralize The Financial System

Introduction :

STABILA aims to decentralize the financial system. The public blockchain services of the STABILA Protocol are well-known for their high throughput, adaptability, and consistency. The STABILA ecosystem's Decentralized Applications (DApps) have all been licensed to fight fraud and safeguard users.

STABILA uses a revolutionary Delegated Proof of Stake (DPoS) consensus method in which the 21 Governors generate network blocks (G). The top 21 executives chosen by STB account users who CD their accounts are chosen to serve as governors. The STABILA protocol network generates blocks every three seconds.

The stabila platform has a big plan for decentralization of finance. It is a mainstream crypto secured by cryptography, which means it cannot be double-spent. It is decentralized and based on the proof-of-stake consensus. One important feature of the platform is that it is not owned by any central body, so no governing authority can control the movement and activities of stabila. Am extra logic layer is added to minimize manipulation and fraud on the platform #Blockchain. Many new platforms have proposed the use of the proof-of-stake network. Token possessors of STB lock their tokens, and they can now become block validators #STB. The block validators request and vote on the next block.
Just like Ethereum, Stabila has built its own dApps, wallet, and smart contracts. However, when it comes to supply, it is different from Ethereum because it has a limited supply of tokens. It also has plans to create more meaningful features for their ecosystem such as a trading platform. The total supply of Stabila coin(STB) is 30 million, and its circulating supply, 20 million #STB. What this means is that only 10 million of these stabila coins are left for miners.
Here is a brief history of stabila:
Stabila platform was officially founded in March 2019.
In February 2021, Moneta Holdings, an important name for stabila was built in St. Vincent and The Grenadines.
May 2021 featured Stabila opening its own open-source protocol.
In September 2021, stabila launched its own testnet and introduced its first web wallet.
In November 2021, stabila elected governors through users' votes.
That month, stabila launched its mainnet #Stabila.
In that same month, stabila's first block was created.
Governance
All accounts on stabila have the right to apply to become an Executive(E) #Stabila. If the votes favor them, they can simply become an executive. The first 21 executives will become Governors. Governors will have the right to create blocks. For better execution, votes are counted again, and the Governors are updated. Users are required to meet certain standards before they can become an Executive. This way, the platform can avoid unnecessary attacks. The users applying for Executive position will be charged 1000 STB from their account. They can then go ahead to apply for Governor position after they have passed the Executive stage.
Every 6 hours that the votes are counted, the top 79 Executives will share 78 STB amongst themselves. This reward is called Executive reward. It will be shared based on the highest of votes earned amongst the Executives.
The 79 Executives will earn 28,834 STB every year.
The 21 Executives who are called Governors(Gs) will share 1,596 STB mined every 6 hours #STB. This block incentive is also called Governor reward. It will be equally shared amongst the 21 Governors(Gs).
The 21 Governors will earn 2,330,657 STB every year. Note that every two years, the STB mining reward will be halved #STB. So, users who decide to participate in the interests of the platform will have Executive and Governor rewards to enjoy.

A VIRTUAL MACHINE IN STABILITY
Stablia is a virtual machine (SVM)

This is a completely virtualized machine called SVM, which stands for STABILA Virtual Machine Its goal is to provide a blockchain service that is efficient, convenient, dependable, secure, and scalable. In the beginning, SVM was a branch of the TRON TVM. SVM is an extension of the current Solidity smart contract development platform.

SVM also supports the DPoS consensus [5]. Using SVM, a concept known as UCR is employed. On SVM, no STB is required for transactions or smart contracts. The compiler generates bytecode from the Solidity smart contract.

As mentioned, SVM is able to perform both reading and writing. The SVM then uses opcodes, which are similar to stack-based finite state machine logic, to handle the data.

THE USE OF SMARTPLANTS IN CONTRACT
SVM is compatible with EVM and will be compatible with other virtual machines in the future. A license process is being advocated before any user can deploy a smart contract because of the potential for fraud.

Smart contracts are ineffective and will continue to be so for the foreseeable future, according to licensing agreements. They are unable to communicate with the outside world because they lack asset backup proofing measures. As a result of the proposed licensing model, only smart contracts that are asset-backed by the underlying logic and organizational structure would be allowed. Any time a smart contract owner falls behind on his smart contract obligations, the STABILA network's clients are protected by another party who will step in.

Sets of STABILA CHAINS
Supply 20,000,000: The total quantity of STB coins in circulation and available to the general population.
The total supply of STB is 30,000,000, which is the number of STBs that are either in circulation or locked for mining purposes.
The maximum supply refers to the maximum quantity of STB coins that will ever be produced.
Speed 3: Seconds every one block created.
21: Block-producing nodes for miners/governors
Sixty-seven percent of the 21 governors agreed to produce the following block, according to Consensus 15.
Units 1,000,000: The tiniest STB unit is the UNIT.

For More Information Visit:
Website : https://stabilascan.org/
Whitepaper : https://stabilascan.org/api/static/Stabila_Whitepaper_(7).pdf
Twitter : https://twitter.com/moneta_holdings
Facebook : https://www.facebook.com/stabilacrypto
Telegram : https://t.me/stabilastb
Linkedin : https://www.linkedin.com/company/stabilacrypto
Instagram : https://www.instagram.com/monetaholdings/
YouTube : https://www.youtube.com/channel/UChFtE8tAVlkWGkFrUb-7KOQ
Ann Thread : https://bitcointalk.org/index.php?topic=5379020

Publishers Informations :
Bitcointalk Username : Ubakama
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=3395620

Stabila Wallet Address: SUFsHJVFoHpm59HjdA7yJoVQYL4xeF8gLC