VANTA Network - A decentralized Network

samuraijin February 14, 2019

Hello. Today, I would like to tell you about a project like VANTA. I understand that now is not the best time to invest in such projects, but still I will try to tell about it, and then decide for yourself


What is VANTA and what is it all about?

VANTA plans to build a real-time intelligent network that will allow individuals and companies to quickly develop services that will be able to efficiently transmit and process data in real time, as well as commercialize their services at a low price without creating any additional infrastructure. Creative services will be provided and integrate into the VANTA ecosystem, and the VANTA blockchain will become a blockchain, which will make a great contribution to improving the daily lives of people and enterprises.

Realtime networking technology covers a wide range of areas. The technology can be used for messaging, file transfer, voice and video calls, large-scale real-time video streaming and transmission and processing of various real-time data collected from IoT sensors. In addition to solving these problems via the VANTA blockchain, VANTA will provide and expand corporate-level telecommunications network solutions for enterprises and corporation customers.

Using blockchain technology and cryptoeconomics designed for real-time networks, VANTA will create a system in which nodes participating in the network facilitate the transfer and processing of real-time data, without relying on traditional centralized systems and various networks. low cost, but also network functionality based on blockchain technology. Any user, regardless of existing platforms, can participate and use the network using API, SDK or modules to integrate with existingtheir applications. VANTA can easily expand the ecosystem with modules that integrate applications and platforms that require all the networks that operate in realtime.

What solutions does VANTA offer us?

VANTA will strive to solve problems through a decentralized intellectual network based on blockchain technology. What these tasks will be, I will tell below:

→Increase network bandwidth and cost

Current networks and infrastructures that support various real-time networks reach bandwidth limits, and of course price increases. This means that companies will not be able to provide reliable services, as the cost of the network and server will increase along with increasing the amount of data transmitted.

VANTA will address bandwidth and cost problems by creating shared computers and mobile devices around the world, whose performance is growing rapidly every year to facilitate the creation of networks in real time.

→Real-time network development costs and problems with centralized services

Many companies are limited or fail to develop network services in real time because of the cost, time and lack of skills necessary to develop and operate such services. As a result, more and more A number of companies use centralized API services that help develop real-time network functions. However, there are some problems with centralized APIs. After using centralized About the API, the fee increases significantly as the use of these services increases. Moreover, the API provider can suddenly change the policy, stop the API service without notification, or simply be downtime services that adversely affect the company developing services based on the provided API.

Also, since the data is stored on a centralized server, it cannot be free from hacking or privacy issues. These problems can be solved by creating a decentralized network for real-time networks that are not owned or controlled by anyone, and this can be used to provide various network connections. Real-time API for companies.

→Privacy issues related to the transfer and storage of personal data

In the future, more diverse personal data will be transmitted over the network between devices and stored on various centralized servers to ensure uninterrupted service. But if users cannot know whether they are correctly encrypted, transferred, stored and their data has been deleted from the server, they will worry about various types of hacks, and so will also be monitored by the state and the corporate network. Personal data leakage will cause bGreat damage. But with the help of blockchain you can transparently confirm the process of transfer, storage, deletion of data. Decentralized nodes transmit and store real-time data that prevents hacking and malicious use of personal data.

→Access to data generated by devices and charges for using data

In the future, there will be a growing need to transmit and receive data in real time between people and devices, and also between devices, that is, transfer from one device to another device. It is necessary to have a system that can operate transparently and accurately in accordance with the rules established between devices without human intervention to automatically obtain permission to access data, setting up a temporary network for Acquiring data and paying for using data. Therefore, VANTA intends to create an efficient system that in turn will be able to quickly and safely send and receive data in real time, while creating a competitive system that will instantly set up networks in accordance with each situation.

→Confidence in communication between the parties and confidence in the data transmitted from various devices

People evaluate purchases using shopping and mass media, but there is no assessment of people or devices with which people communicate. In the future there will be more and more real-time communication between people and devices, which will require reliable evaluation. Confidence will be achieved in the future, regardless of whether the person is engaged in everyday life or conducts his own business.

What position does VANTA take and create competition?

VANTA is a blockchain specializing in real-time networks. It is a blockchain platform that can solve problems that in turn could not solve general-purpose blockchains and develop various services that require a real-time network. Ethereum or EOS can be classified as platform blockchains, and Storj or Golem are classified as target blockchains. Among these blockchains, VANTA is an intelligent network platform that can be classified not only as a blockchain platform, but also as a special purpose blockchain.



The platform itself and the modules that are in it
VANTA builds its own ecosystem in the form of a blockchain platform, creating a variety of network applications and real-time services. VANTA will provide a basic module in the form of an SDK or API to provide platform-independent access to the VANTA network. In turn, this causes all platforms and applications who need real-time networking capabilities can use these services, which in fact will lead to the rapid expansion of the VANTA ecosystem.


What are the benefits of using VANTA?

→Developers of services based on VANTA

With VANTA, it is possible to start and operate scalable, stable and secure network services in real time at a low price. Developers can quickly and inexpensively develop real-time network capabilities based on VANTA without creating a separate server, well, or developing real-time network from scratch.

VANTA network resources use VNT stacking tokens. It is available free of charge with the exception of a small fee when VNT tokens do not use stacking. If the developer does not have enough VNT tokens to protect the resources needed for maintenance, he has the ability to create a policy requiring users to put VNT tokens on all or part of the use of their own resources (as I understand it, they can be mine) In other words, developers and users can share VNT tokens to start the service. This will significantly reduce l costs the development and operation of real-time network services.


→For users of the service based on VANTA

Users using the services of VANTA benefit from reduced service costs and privacy. Well, this is when the service developer puts a sufficient number of VNT tokens for the network resources of the service, users usually do not need to put VNT tokens to use their own resources ( stacking). But if the service is configured so that users can use VNT tokens to start the service, as described in the previous sections, each user must use VNT tokens that were earnedAna on stacking (own resources)

Users can also easily create a VANTA account without a separate subscription or authentication procedure. This has become possible because network participants interact through an anonymous hash value that cannot be used to track their identities. In addition, users can create a new account at any time, further assuring that the person cannot be identified. Since no centralized authority will track you, even if the government requests identification, all e data is securely encrypted and not stored permanently on certain servers. This means that you can use secure decentralized communication services without problems with confidentiality. (this has a lot of advantages, think about the minuses yourself)


→What are the benefits for organizations from adopting VANTA as a telecommunications network?

Because VANTA specializes in real-time networks and has various communication functions, the VANTA blockchain can be used by organizations such as governments, businesses and schools that want to build their own network. The blockchain telecommunications network VANTA can be built quickly and cost-effectively without the need for a separate server or infrastructure.

VANTA will also provide direct consulting and software development orders in which the government, business company or school, etc., have technical difficulties using VANTA as a telecommunications network. Thus, each organization can build an optimized blockchain-based network.



Blockchain and the VANTA consensus algorithm


→Necessity of a new consensus algorithm

Since VANTA is a blockchain designed for processing network tasks in real time, its efficient processing requires a new consensus algorithm. Since previous consensus algorithms were based on proof of performance or proof of rate and wasted computing power, they were unsuitable for use. with VANTA. VANTA aims to use the computational power and network resources of network nodes that will be used for real-time networks and Dismantle the evidence for these problems with block generation and consensus algorithms to make a consensus algorithm optimized for VANTA.

→The PoN-VRBFT

Consensus algorithm VANTA created an algorithm called Proof of Networking, which allows each node to contribute to the transmission, processing and storage of data in the network in real time. This was combined with BFT and VRF to develop a unique consensus algorithm called PoN -VRBFT.


Token Distribution


Project roadmap






More information about the project on the links below.




Author
Bitcointalk Username: samuraijin

Ethereum Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
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