Saturday, November 10, 2018

GRABITY - NEW PARADIGM OF INTERNET


Hello everyone, If you are interested in joining the GRABITY project, it is a good idea to read reviews that can help you get information that might help you see their vision and mission, below:

WHAT IS ORBITS NETWORK

The Orbits Network is Grabity`s decentralized main net that draw a truly distributed P2P network by utilizing all wired/wirelessly connected idle computer resources. Transactions from Orbits Network are managed efficiently through using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate portions into each by using the distributed storage technology and Defrag Function technology that can recall each part and execute in a streaming format.


Planet Wallet

MAKE YOUR OWN PLANET

Planet Wallet is the node client and official wallet of the Orbits Network. In order to secure the users, Planet Wallet will be released before the launch of the main net with the function of transferring token conveniently through mobile phone number, along with storing and transferring token in the application between exchanges. After the main net launch, node application function and DApp Store will be added.


Token Economy

GBT TOKEN ECONOMY
The Token Economy of the Orbits Network provide value through interaction by distribution of tokens that participate as token consumer and node, such as consumers of computer resources, platform users, ICO participants, node that desires more reward, and providers of computer resources and obtains GBT as reward. The consumers of computer resources can use the Orbits Network using GBT for less than the cost of building or maintaining existing servers, and the provider of computer resources can obtain GBT by providing Orbits Network with idle resources or extra devices of their own devices.

Token Distribution


ROADMAP

2018 Q4
Smart contract Deploy
ERC20 based Token issue

2019 Q1
Network Layer Development (P2P-based overlay network)
Planet Wallet Launching

2019 Q2
Data Layer Development
Consensus Layer Development

2019 Q3
Testnet Launching
Toolkit & SDK Development
Block Explorer Development

2019 Q4 Application Layer Development
2020 Q1 Management Layer Development

2020 Q2
Orbits Network Launching
GBT-based DEX, DApp Store Launching

To find more relevant details from the GRABITY project, please follow some sources for the following references:


Bitcointalk username: Aray80