Grabity is a public Blockchain project, to transform the Internet paradigm from a centralized network to a distributed network.
Current hardware performance has increased dramatically, even enough for smartphones to have better performance than the previous server.
However, it does not use 100% storage space or computing power.
Anyone can share computer resources through mastered devices such as smartphones, tablets and PCs, and users can receive as many awards as they provide resources, and DApp developers can use shared computer resources to operate services at lower costs.
When the Grabity project reaches the commercialization stage, anyone will be able to use distributed nodes to change the Internet paradigm.
The Orbits Network is a Grabity decentralized main network that describes P2P networks that are truly distributed by utilizing all idle computer resources that are wirelessly connected.
Transactions from Orbits Network are managed efficiently through the use of Genesis Hoisting technology, which can process transactions simultaneously and quickly.
In addition, Smart Contracts and resource files can be stored in separate sections to each of them using distributed storage technology and Defrag technology.
Function that can remember each part and execute in streaming format.
Network layer: P2P-based overlay network. Verify and then spread transactions between nodes through layers.
The principle is to use the most basic network bandwidth.
Data Layer: Blockchain data structure and physical storage space.
Including Merkle Tree, Hash Function, Data Block, digital sign and others that store blocks and DApp files that contain transaction history.
Agreement Layer: Nodes that generate transactions directly verify transactions themselves, and transactions that have been verified by most of the closest nodes are generated as blocks.
This is distributed to other nodes, and if a node is set to be a malicious attack, the transaction details are initialized and synchronized with the details of the verified transaction.
Application Layer: Provide an application interface on the Blockchain. Smart contracts, virtual machines, DApp, etc. Included and connected directly between data users.
Layers of Management: Toolkits and SDKs are provided to form ecosystem development and place 3rd Parties.
The Grabity Ecosystem consists of nodes, communities, DApp, and platforms, and each institution contributes to the ecosystem based on economic tokens.
We present the token economy and various requirements for the ecosystem to function and develop as follows.
Token Economy
Request for GBT
Consumers who need computer resources must buy GBT.
Need to buy GBT to participate in ICO on DApp-Based Network Orbits
GBT is the DApp's main currency, and if DApp users increase, demand can increase.
Prizes for providing computer resources after the main net launch can be expected to increase demand for GBT, determined from additional computer resources and GBT.
Supply
The initial 10,000,000,000 GBT for the development and operation of the project were removed from the Ethereum network.
The ERC20-based GBT will be replaced with GBT-based Network Orbits after the main net launch.
In addition, since the main network, GBT was issued in addition to considering inflation rates for the purpose of compensating computer resource providers.
The inflation rate can be flexible, but it will be determined in a way that does not exceed 5% to protect token holders and ecosystem participants.
Incentives enter the GBT ecosystem
Consumer computer resources can use the Orbits Network using GBT for less than the cost of building or maintaining an existing server, and computer resource providers can obtain GBT by providing Orbits Networks with idle resources or extra devices from their own devices.
Token sale
- Total number of tokens: 10,000,000,000
- Token total sales: 7,000,000,000 GBT
- Percentage of sales Tokens from total Tokens: 70%
- Hard stamp: 30,000,000 USD
- Soft cap: 10,000,000 USD
- Pre-Sales Tokens: 20%
- Bonus: 10%
- Public Sales:
- Token Sale Rate: 30%
- Bonus: 0%
Token distribution
Roadmap
2018 Q4
- Smart Deploying contract
- ERC20-based Token problem
- GBT Pre-Sale
2019 Q1
- Network Layer Development
- (P2P based overlay network)
- Planet Wallet Launches
- GBT Public Sales
2019
- Development
- Consensus Layer Development Layer Q2
2019 Q3
- Testnet Launches
- Toolkit Development & Development Developer
- Blok Explorer
2019
- Development of the Application Layer Q4
2020
- Development of Management Layer Q1
2020 Q2
- Orbits Network Launches
- GBT-based DEX, Launch DApp Store
FORMORE INFO:
WHITEPAPER: https://github.com/grabityorg/WhitePaper/blob/master/Eng.MD#grabityio-whitepaper
FACEBOOK: https://www.facebook.com/Grabity.io
TWITTER: https://twitter.com/GrabityOfficial
TELEGRAM: https://t.me/GrabityENG
NEW WALLET: 0xc63c8Ef3ee45501873f8bB147751366298FAA755
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