STABILA CRYPTO
Countdown to Stabila (STB) Listing on Major Crypto Exchanges
"The value of true crypto assets lies in its decentralization nature and its isolation from the financial system. "
Proof of Stake is the most probable direction for the future because it is truly decentralized, distributed, secure and ASIC resistant, thus rendering null the incentive for mass-mining, Stabila coin will remain in the control of the cryptocurrency owners, regardless of any exterior efforts to hijack or manipulate the blockchain.
Stabila aims to be the cryptocurrency for the people, enabling the coin holders to gain from its inherent model and from the range of financial instruments made available through Moneta ecosystem.
The main characterising element of Stabila crypto-asset is that it is not a claim on either an issuer or a custodian. However, its users attach value to it because they believe that:
i) its supply will remain limited, and
ii) market participants will agree on its price
Total/Max supply
30,000,000
Settings
Because every transaction published into the blockchain imposes on the network the cost of needing to download and verify it, there is a need for regulatory mechanism, typically involving transaction fees, to prevent abuse. Developing and maintaining the blockchain and it’s ecosystem is based on the support funds.
Proof of Stake (PoS)
Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more Stabila owned by a miner (Governor/Gs), the more mining power it has.
KEY TAKEAWAYS
• With Proof of Stake (POS), Stabila Governors( miners) can mine or validate block transactions based on the amount of Stabila a miner holds.
• Proof of Stake (POS) was created as an alternative to Proof of Work (POW), which is the original consensus algorithm in Blockchain technology, used to confirm transactions and add new blocks to the chain.
• Proof of Work (POW) requires huge amounts of energy, with miners needing to sell their coins to ultimately foot the bill; Proof of Stake (PoS) gives mining power based on the percentage of coins held by a Governor(miner).
• Proof of Stake (POS) is seen as less risky in terms of the potential for Governors(miners) to attack the network, as it structures compensation in a way that makes an attack less advantageous for the miner.
Roadmap
