Grabity Unique Platform
The Orbits Network is Grabity`s decentralized principle net that draw a genuinely distributed P2P network by using all wired/wirelessly connected idle computer resources. Transactions from Orbits Network are managed efficiently through utilizing Genesis Hoisting technology, which can process transactions simultaneously and rapidly. In addition, Smart Contract and resource files can be stored in separate bits into each by utilizing the distributed storage technology and Defrag Function technology that can recall each part and execute in a streaming configuration.
The sequential exchange processing structure has constraints in the processing speed that cause problems in adaptability. The fundamental method to address adaptability issue is to handle simultaneous transactions. The simultaneous exchange processing is to be implemented on the Orbits Network and is in a producer-structure in which a node becomes the exchange generating, processing and verifying user. This solves the problem of versatility because the number of nodes that process and verify exchange likewise increases as the number of transactions increases, unlike the existing methods in which the network is overloaded as the number of transactions increases. The simultaneous exchange processing structure overcomes the need to collect and process transactions, creating a single square at the same time as generating an exchange and storing it in each node, that is responsible for processing including itself when the square is validated.
As the current Blockchain structure develops over time, the size of the distributed storage accumulated in each node increases equally, subsequently reducing the efficiency of the entire network and reducing node versatility. However, it is essential that numerous nodes participate freely with the end goal to commercialize the Blockchain. Genesis Hoisting was devised for this purpose. Genesis Hoisting is a technology that sets up the distributed ledger and transfer all squares to the super node when the storage space of the devices of each node reaches a certain sum. The term Genesis Hoisting is used to refer to the process of overwriting file after the computation of providing a square index number that is one higher than the existing square in the process of overwriting the file after count.
Defrag Function is a technology that can recall distributed DApp source files in real-time streaming configuration. The distributed storage of the capacities, that comprise the program source and the fundamental unit, prevent balance by looking at the hash values of the capacities with other nodes. Because Defrag work does not need to save all the first source files, it does not need to save works that are not used or used infrequently, along these lines reducing the burden on storage space and keeping the network efficient.
Current DApps store database in the Blockchain and the source files are stored on a central server. Due to the fundamental restrictions of the Blockchain technology and correspondence technology, it operates in a cross breed structure. This structure can be protected through Blockchain to some extent yet is still at a vulnerable state, however when the central server becomes disabled, the whole system will collapse. A genuinely distributed application ought to permit source files to operate and store in dispersion. However, an efficient storage system and processing system is needed in dealing with the source files in the Blockchain because the limit increases exponentially. Unlike the existing structure in which capacities are stored in the entire memory and reading the contents of a specific capacity, the program source on the Orbits Network have their capacities hashed and stored in essential units.
Planet Wallet is the node client and authority wallet of the Orbits Network. With the end goal to secure the users, Planet Wallet will be released before the dispatch of the fundamental net with the capacity of transferring token conveniently through mobile phone number, alongside storing and transferring token in the application between exchanges. After the principle net dispatch, node application capacity and DApp Store will be added.
GBT TOKEN ECONOMY
The Token Economy of the Orbits Network provide value through interaction by circulation of tokens that participate as token consumer and node, for example, consumers of computer resources, platform users, ICO members, node that desires more reward, and providers of computer resources and gets GBT as reward. The consumers of computer resources can use the Orbits Network utilizing GBT for less than the expense of building or keeping up existing servers, and the provider of computer resources can acquire GBT by providing Orbits Network with idle resources or extra devices of their own devices.
Smart contract Deploy
ERC20 based Token issue
Network Layer Development
(P2P-based overlay network)
Planet Wallet Launching
Data Layer Development
Consensus Layer Development
Toolkit & SDK Development
Block Explorer Development
Application Layer Development
Management Layer Development
Orbits Network Launching
GBT-based DEX, DApp Store Launching
Visit the links below for more information:
- Website: https://grabity.io/
- Whitepaper: https://github.com/grabityorg
- Telegram: https://t.me/GrabityENG
- Facebook: https://www.facebook.com/Grabity.io
- Twitter: https://twitter.com/GrabityOfficial
Authored by Lelvin: Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1275173
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