GRABITY

GRABITY: INNOVATIVE BLOCKCHAIN ​​SYSTEM

Grabity is a public Blockchain project, to change 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.

Orbits Network

Orbits Network is the main decentralized Grabity network that attracts truly distributed P2P networks by utilizing all idle, wired / wireless computer resources. Transactions from Orbits Network are managed efficiently by using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contracts and resource files can be stored in separate portions to each of them using distributed storage technology and Defrag Function technology that can call each part and execute in streaming format.

• Network layer: P2P based overlay network. Verify and then multiply transactions between nodes through the layer. The principle is to make maximum use of basic network bandwidth.
• Data Layer: Blockchain data structure and physical storage space. Including Merkle Tree, Hash Function, Data Block, digital sign, etc. That stores blocks and DApp files that contain transaction history.
• Consensus layer: Nodes that generate transactions directly verify transactions themselves, and transactions that have been verified by the majority of the closest nodes are generated as blocks. This is distributed to other nodes, and if a node is specified as a malicious attack, transaction details are initialized and synchronized to verified transaction details.
• Application Layer: Provides an application interface on the Blockchain. Smart contracts, virtual machines, DApp, etc. Entered and directly linked between data users.
• Layers of Management: Toolkits and SDKs are provided to form ecosystem development and place 3rd Parties.

Distributed Storage

The DApps store database is currently on the Blockchain and source files are stored on the central server. Because of the fundamental limitations of the Blockchain technology and communication technology, it operates in a hybrid structure. This structure can be protected through the Blockchain to a certain extent but is still vulnerable, but when the central server becomes disabled, the entire system will collapse. A truly distributed application must allow source files to operate and be stored in the distribution. However, efficient storage systems and processing systems are needed in managing source files on the Blockchain because their capacity increases exponentially. In contrast to existing structures where functions are stored throughout memory and read the contents of certain functions,

Planet Wallet

Planet Wallet is the official Orbits network node and wallet client. To secure users, Planet Wallet will be released before the launch of the main net with the function of transferring tokens easily via mobile numbers, along with storing and transferring tokens in the application between exchanges. After the main net launch, the node and DApp Store application functions will be added.

Ecosystem

The Grabity Ecosystem consists of nodes, communities, DApp, and platforms, and each institution contributes to the ecosystem based on the token economy. We present economic tokens and various requirements so that the ecosystem functions and develops as follows.

TOKEN GBT FUNCTION

Token Economy from Orbits Network provides value through interaction with participating token distributions as consumer and node tokens, such as computer resource consumers, platform users, ICO participants, nodes who want more awards, and computer resource providers and obtain GBT as a gift. Consumers of computer resources can use the Orbits Network to use GBT for less than the cost of building or maintaining an existing server, and providers of computer resources can obtain GBT by giving Orbits Network idle resources or enhancements from their own devices

Request for GBT

• Consumers who need computer resources must buy GBT.
• Need to buy GBT to participate in ICO on Dapp Network-based Orbits
• GBT is the DApp's main currency, and if DApp users increase, demand can increase.
• Prizes for providing computer resources after a major clean launch can be expected to increase demand for GBT, determined from additional computer resources and GBT.

DETAIL TOKEN DAN ICO

The initial 10,000,000,000,000 GBT for the development and operation of the project were removed from the Ethereum network. The ERC20-based GBT will be replaced with the Network-based GBT Orbits after the main net launch. In addition, because of the main net, GBT is issued in addition to consideration of 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.

DApps

The main net value depends on the number of DApp. Most DApp users come from existing application users, so Grabity provides DApp Store that is familiar to existing application users. Because the important requirements for using DApp are unlimited storage and token transaction space, the DApp Store will be released on PC and cellular versions related to wallets and other exchanges. DApp Store is classified into various categories such as games, finance, social networking, media, health, education, music, etc. And the ranking system is based on an algorithm that comprehensively considers the average number of users every day, satisfaction, transactions, and development.

Sales Tokens

Total Tokens: 10,000,000,000 GBT

Token Number of sales Tokens: 7,000,000,000 GBT

Percentage of sales tokens from total tokens: 70%

Hard cap: 30.000.000 USD

Soft cap: 10.000.000 USD

Tokens except for pre-sales and public sales are sold in private rounds.

Unsold tokens will be burned.

Pre Sales

Token Sales Rate: 20%

Bonus: 10%

General Sales:

Token Sales Rate: 30%

Bonus: 0%

Token distribution

Team member 

Further information: 

WEB SITE:  https: //grabity.io/

PAPER PAP: 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

by ; Kopisusu 4000

link: : https://bitcointalk.org/index.php?action=profile;u=1953415