Topic: 🚀 [ANN] Stabila Public Chain (STB) | Decentralize the financial system. 🚀 - page 3. (Read 2177 times)

Too many projects promise magic but never release any working product or prove any revenue, at least within a short release time. Is your project also like this? What makes your project different from other projects?

Talking teams, how experienced is the founding team?
What are the benefits of Stabila DeFi? Is it useful in borrowing and lending? How is it applied for decentralized marketplaces?

I have recently seen SRC20 deployed. Is there any TVL? How fit is your liquidity mining? No info about the private sale, token allocation. What is your staking mechanism? Is there one? Moreover, what is your offer with security and Scalability?

Solana and Cardano are ethereum derivates, no more than faulty jokes. One is a complete scam, the other is not working at all. Have you tried those networks? i guess NO. Bitcoin is first and Ethereum is second for a reason: sponsored by VEB bank, a pocket bank owned by the Russian president. How long do you think it will HODL?))) All respect to him he developed the infrastructure but the world realized it already that Satoshi translates to Putin.


We will mainly support stablecoins of all countries of the world and wrapped mainstream cryptocurrencies. Additionally, there will be an STO marketplace and commodities.

Coinmarketcap is a popular website but they are no authority nor they are someone to be considered seriously. No team, rigged info etc... You can google who they are yourself.
We are selling our coin from our website. 12 mln STB sold already. We have our own algorithm based on min purchase of STB 100 and max 1000 per person. I am not the one to explain you how exactly it works as it was developed by a special team. The more we sell the more it goes up. It is not like with BTC, where only 1mln are on the market and the rest just stays somewhere with no use.

3 layer architecture relates to senior-level devs. Security is not a layer, it is a must component.



Stabila has engaged in a major cryptocurrency effort in recent months, launching USDM stablecoin and new decentralized features to buy and hold the digital coins. Join Stabila STB DAO at https://stabilascan.org/

Wow that's a big claim. Ethereum is second valued coin after btc and you saying its no more worthy rather everyone is jumping into Stabila now. Can you give some evidence of how true your claim is. Eth, Solana and Cardano are still big projects as compared to your launch. Just my few satoshis.

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Starting an organization with someone that involves funding and money requires a lot of trust in the people you're working with. But it’s hard to trust someone you’ve only ever interacted with on the internet. With Stabila DAO you don’t need to trust anyone else in the group, just the Stabila DAO code, which is 100% transparent and verifiable by anyone.

The goals of the project may be hard to achieve but if the team has capability to materialize these goals, why not? You have long list that you wanted to accomplish here but maybe not to overwhelm with your targets, focus first on your top preferences. As you get your customers on board with your initial services, expansion would be easy as you already have solid base foundation. And if you have satisfied customers, they can always bring a new one by word of mouth. So before competing with popular networks like BSC or SOL, you need to deliver first your own products and attract users.

To be honest, what Stabila team is trying to achieve, is:
- scam/fraud free
- Easy of use and access, good usability.
- we have more than any other known platform ever had. Stabila has Blockchain, Smart contracts, Defi, NFT, Wallet, Lottery, DEX, CEX, IEO, STO, own solidity compiler compatible with ethereum, oracles, custody, marketplace.
   

Ethereum is too expensive and slow and old, Solana is broken, Cardano doesn't even exist. It's a shit show out here in crypto. Thankfully all the talent and interest is flooding into Stabila now.

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We had a bounty of $200,000 to hack our DPOS. In the 90 days trials, we registered multiple failed DDOS attempts, brute-force, injections, cross-scripting and etc. No participant has achieved the yellow or red zone.    

Yeah, right))))
https://www.cnbc.com/2022/02/02/320-million-stolen-from-wormhole-bridge-linking-solana-and-ethereum.html

You got it wrong my friend, its not that easy to launch 51% attack on DPoS algorithm. There will be 21 governors at the moment not that there are 21 total governors. There is a pool of nodes from which 21 are randomly selected as governor at the time. So its secure not sure how much secure. Thats wt my understanding is about DPoS.

Quickly going through the website I came to conclusion that its just another p2p cash transfer platform (correct me if I am wrong). OP can you tell reason for launching such platform, as we already have many of such platforms in the market?

1 sec transactions are common for blockchains that provide DAPP or DEX functionality meaning services that depend on confirmation times do not get stuck while processing on-chain things. XRP is just a corporate sissy pissy scam, they havent evolved since 2015. Their transactions contain nothing but bloat from bots they run to fake the network activity. I do not get why you compare yourself with Solana. Solana got network effect and a passel of investor money stacked in. They are incentivized to protect themselves against these failures like none other. Do not worry for them.

An XRP transaction takes 3-7 seconds to process and over 2 minutes to get to a solidified state. Ripple is a centralized system, so it is a disgrace to process a transaction so long. For a centralized system, a transaction should be below 1 sec if considering high volumes and less than 80 millisec at the current state. They do not have a consensus, so basically, their servers only process transactions. I wonder what would happen if they switched to decentralized? They would process in 6-9 hours, worse than Ethereum. Moreover, if you compare their servers' power, you would question why their system is so slow.
 
A Stellar Lumens (XLM) transfer takes 3-5 seconds and 3-4 hours to get to the solidified state. Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline. Stellar's major issue has now been highlighted publicly: The project is not decentralized, at least not to the extent expected at this point. Same story as Ripple.


An STB transaction takes 3 seconds to process and 56 seconds to get to solidified state. Decentralized environment.

Here is a link to the official Website where you can find the current price https://stabilascan.org/  the price is $18 according to the site but not on any exchange yet, base on my previous discussion with the team, listing will be around February I don't know of any specific date, you should probably join their official Telegram for more information regarding that.


You can buy from the website if you already register an account, there is an option to with eth, btc or usdt although am not seeing any deposit option, the team can explain better.

Same here. I don't agree that cmc or coingecko are scam sites because they are just tracking websites depending on the market's API provided. So if you want actual figures, you can always go to the trading platform itself. But to get an overview of the coin, these sites are actually helpful. And don't understand why he is labeling this as scam site. 
We will see in the coming month, how STB will perform in the market as expected it will be in the trading market. I hope no pump and dump will happen here.

I'm not agree with you. Because i know that those coin tracking website can't provide real data always that means those aren’t scam or something like that. All of crypto fans have to check their coins price movement and many things through these sites. So i think a project will not be fulfill without listed on those sites.

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.

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?

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.



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.

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?

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?