Quote from: stabilastb on January 21, 2022, 08:46:55 AM

Quote from: Bitstar_coin on January 21, 2022, 07:45:00 AM

Quote from: stabilastb on January 20, 2022, 09:07:22 AM

Quote from: Bitstar_coin on January 19, 2022, 05:33:21 PM

Quote from: stabilastb on January 19, 2022, 09:41:11 AM

Quote from: Bitstar_coin on January 19, 2022, 08:22:20 AM

Comparing stabila network with ethereum network won't give a proper record until stabila has been able to prove it can provide all these services and handle them smoothly as mentioned in the whitepaper, stabila has no projects in its ecosystem yet so it is possible it can process such high transaction per second compare to eth that has thousands of projects using the smart contract,
So the big question is what will make new projects to use stabila instead of the rest alternatives, sol, polygon, polkadot, avalanch, tron already provide cheap transaction fees and good service, what is different with stabila network.

Thank you. I can say your question is essential in the sense of signaling genuine, meaningful, and necessarily-ongoing inquiries. These are grapple-worthy, substantive questions that not only require wrestling with but are worth wrestling with, that could lead users to some critical insight.

"So the big question is what will make new projects to use stabila instead of the rest alternatives, sol, polygon, polkadot, avalanch, tron already provide cheap transaction fees and good service, what is different with stabila network."

First of all, it is people's choice. Why have to choose from many yogurts if there is greek yogurt. Why have to choose from many brands when there is one initial brand?

Now talking about brands. Every brand distinguishes itself with certain elements like quality, style, price, etc...

The Solana blockchain has suffered an outage for the third time in a matter of months. It is unclear whether the issue was a simple network failure because of high traffic or collapsed because of hackers' distributed denial of service (DDoS) attack. Reports indicate other developers are dissatisfied with the drop in confidence Solana's repeated glitches have caused, complaining of a lack of transparency at the decision-making and at protocol developers' group Solana Labs and expressing frustration that new problems keep appearing. Words like "reboot," "downtime," "transaction failure," and "hard restart" generate terrible press and are not the ones people want to see as they are prepared to inject millions of dollars into a relatively new, fast-growing blockchain financial system.

Ethereum has many problems, and apparently, they will be fixing those problems over six years. They will not recover as their system is old, heavy, and not fit to change. Vitalik Buterin considers the personnel working with Ethereum as a bigger problem than the actual software, as he stated in a recent interview. While the personnel working on the project may or may not be problematic, it is undoubtedly not the only shortcoming. The new rollout and software upgrades will not solve the long-term problems plaguing the network from reaching leadership again. They will slowly fade away, the same as Polaroid did some time ago.

The whole Plkadot ecosystem revolves around money. Those who have more money (DOT) control everything in this blockchain. Ultimately many support the theory - it will fail.

Avalanche has its issues like transactions may be delayed if validators do not agree on the status. There is no liveness guarantee where conflicting transactions are concerned.

Tron is printing TRX out of thin air, worse than Federal Reserve does lately. TRX is minted out of nowhere, and the chain is not decentralized; versa, it is under totalitarian control. It is a dangerous game for its supporters or users.

Finally, the fraud on these blockchains is epic. Moreover, no one seems to have an interest in stopping that. It just raises questions about the actual stuff going on behind the scenes.

Stabila niche choice is :
Fraud & Scam Free
Financial Instruments

And Yes, I do agree Stabila needs a proper record and should not compare to ethereum until stabila has been able to prove it can provide all these services and handle them smoothly. The comparison was based on Stabila tests. Nevertheless, let us wait for the Defi ecosystem to be deployed in the nearest future. We shall get the answers very soon.

Well thanks for the detailed explanation and am glad you brought up the issue solana blockchain recently encountered, although it is not very clear what was the cause of the outage but i want to believe it was as a result of a network failure not anything related to hack otherwise that would have been made public for everyone to know, and since even the strongest networks have all experience one breakdown or another, what is stabila doing to prevent this from happening when the ecosystem start growing and more projects start using this network!

And do you really think you can build a scam free network? how exactly do you intend to achieve that because in this space ones there is a hype be it on a project or niche people wants to take advantage and that includes scammers,
will stabila verify every projects that wants to use the network, if so how you intend to achieve that?

Solana just fixed a bug that could allow hackers to steal millions an hour. Rug pull and network exploits have dominated public opinion in the crypto industry. Defi applications have now lost more than $ 2 billion to such hacks.

At Stabila, we test first, review, test again, and only deploy if a safe consensus has been achieved.

Stabila will verify every project that wants to use the network.
Secondly, Stabila will stop fraudulent concept contracts, and mainly the issuance of useless tokens made to defraud people of their funds is a priority. The network governance has set up a smart contract deployment fee of 1000 STB to start with; this way, many scams are not even attempting to deploy. Licensing is a process of reviewing the concept of the contract, its economic bases, and utility, followed by KYC, AML, documents review, pretty much like a bank or financial organization does. Licensing filters 99% of scams and fraud.

Many Defi projects are created with the idea of pulling assets together so the teams behind those projects will run away with those funds later.

Today 99% of tokens are useless. This asset class has no value unless it is a security token or is real-asset-backed. Asset backing comes in the form of crypto/fiat/securities/commodities. In most cases, asset backing is an official process. The token owner must register the issue with the securities commission or any other authority responsible for the instrument used. Stabila does not have all of this infrastructure yet, but the idea is to build it.

We all see BSC being the frontrunner of this fraud epidemic. People seem to enjoy pumping dollars into thin air. It is their right. However, when the disease starts to cure, people will start asking where their funds are gone and how they could fall for this. This wake-up process will probably lead to the search for genuine projects that actually do something to minimize fraud and scams.

Quote from: mdzahed134 on January 19, 2022, 04:50:53 PM

As i know that Stabila (STB) didn’t listed on exchanges but in the stablia website price is up & down around 18$. Also showing 24 hours volume and total market cap. But i searched and i couldn’t found it CMC or Coingecko. That means STB token already trade on it’s own DEX?

Coin Market Cap and Coin Geko are purely scamming websites only. They directly and knowingly manipulate the information of multiple listings. They falsify information, write, publish and promote blatant lies about coins/tokens to further that manipulation. There are no companies, and there are no teams behind these websites. Very comfortable if an investigation comes your way in the future. These websites are popular as people "Do not look up" to question what is the truth behind these websites.

Stabila price is based on the internal algorithm and its internal pool. It regulates according to demand and sales flow. Stabila will migrate to market pricing in Feb when trading on the exchange starts.

Good to know someone is thinking along this line because the growing rate of useless and scam projects is very alarming, if we want sanity in the crypto space then it is important that strict process of verification are implemented for proper sanitization, now talking about this verification on the stabila network, will it be an automated process or will it be somewhat manual?
1000 stb just to deploy smart contract in current price is quite a lot (more than $16,000) definitely no scam project would want to pay such a huge amount of money, only a real project with dedication and commitment will follow this procedure,

Your opinion on cmc and coingecko seem rather strong, they are your opinion but you do realize that majority of crypto community access these sites for clue of their investment decisions and several other stuffs, for stb to gain exposure as it start trading on the open exchange will require listing on these platforms, have you thought about this?

And talking about asset backing, what is stabila backed on and will you follow the process you mentioned above?

Opinion on CMC and CG: It is not my opinion and it is not an opinion. It is a proven fact. You are free to read reviews and make your own investigations. Many people rely on these services because there is no other or they don't look at correct or legitimate sources. It's their choice only. If they base investment decisions on what CMC and CG tell them, no wonder fraud is thriving, it only makes them make wrong decisions. LOL

For STB to gain exposure as it starts trading on the open exchange will require listing on these platforms, have you thought about this?
There are no authorities to require listing on any websites! There is no consensus on where to list. The industry is not regulated and has no serious or trustworthy teams to fix that. Most probably there is no interest doing that otherwise there will be threads and discussions about that)

And talking about asset backing, it relates to tokens only as all tokens claim to be something or carry some sort of value. Stabila is a coin and is backed by its own technology, like ETH or BTC.

How can I buy token? Is it now tradable?