yes, we can use VDS and distributed ledger technology to build a trustworthy voting platform that cannot be manipulated

VDS fully understands the meaning of decentralization and has summed up the requirements necessary for a highly-efficient autonomous community. It first requires absolute decentralization, second must possess a mechanism that allows full freedom to participate in decision-making; and third necessitates that decision-making efficiency be improved by the elite group chosen to guide its development.

You’re talking about EOS.
In VDS, VIDs make weekly vote for the leader of the community.

The upcoming 59th U.S. presidential election in November 2020 has been in the news for more than a year. Will Donald Trump, the controversial US President be re-elected? Was America “Great Again” during his time in office? What kind of candidate will Democratic Party field against Trump? Who will be the next leader of the largest centralized institution in the United States? Discussions never stop.

There is no doubt that centralized institutions, including the U.S. government, need leaders to set the rules to maintain order and distribute wealth as fairly as possible. In the decentralized world where trust is built on the chain, people are now entangled in whether they need leaders, how must management authority should be given to them, and how to select qualified leaders, etc. Leader is elected to run community, but if he has too much power in hand, it will become a test in human nature by the increase in the possibility of using his power for evil.

Is there a way of voting to fairly select the most trusted leaders of all while preventing them from doing evil to the greatest extent?

The non-centralized voting function of VDS perfectly balances the demands for ecological leaders with the philosophy of decentralization. In about five years after its launch, VDS ecology will automatically activate non-centralized voting function. At that time, all members in the ecosystem can make weekly vote for the leader of the VDS community.

In fact, VDS is not the only crypto in the industry with voting system. The well-known competitive crypto EOS has voting mechanism as well. But only master nodes are eligible to vote in EOS, which are selected by users with tokens, each token represent one vote. This means that in the world of EOS, whoever with most tokens will be elected as master node, and the way to become a leader is to get support of capital rather than the public. VDS is different, as it is a real ecological referendum. VID is the community identity of VDS ecological network. Players who have turned into VID are both voters and candidates of this decentralized voting system. The only path to become a leader in VDS is to increase the level of trust among ecological members.

Non-centralized voting function in VDS integrates the seemingly contradictory concepts of “non-centralization” and “management makes community stable” to the greatest extent. It also includes the idea of a “weekly election”, which eliminates the possibility of bad or incompetent managers.

Bitcoin pioneered the era of cryptocurrency, but its lack of a decentralized management model has led to the separation of interests between Core group and the miners. By holding a weekly election, VDS avoids the situation of managers’ inaction or bad behavior since managers can only continue their serve when they’re recognized by the majority. A high degree of democratic autonomy means that a leader can be dismissed at any time when he becomes unpopular.

The non-centralized voting function of VDS maximizes the orderliness and autonomy of the ecology by allowing every participant to vote for the leader, thus establishing a healthy and fair model of autonomy on the chain. Ultimately, everyone in the ecosystem becomes the decision maker, and VDS will become a truly decentralized democratic community.

No, Bitcoin and crypto as the store of value aren't dead just because they had a super shitty day. In the coming months the world will see what anti-fragile means.

Agreed.
Bitcoin isn't a get rich quick scheme.
Bitcoin is a get free quick scheme.

Can we switch back to VDS?

I also believe in holding long term as the space and technology is new, crypto with true utility fixes every issue money has.

Based on smart contracts and backed by the Trust Stamp, VDS Blockchain Business Contracts constitute a decentralized model of commerce.
It will work eventually.

Actually, I’m talking about VDS. This crypto project turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue.
Of course, I would much prefer crypto than paper money.

With the rapid development in recent years, many social platforms now have a huge number of users. For example, Facebook has 2 billion users worldwide. Many e-commerce platforms are targeting at major social platforms since it will greatly reduce the seller’s cost of publicity to spread product info and sell. The social platform itself has enormous user base, including lots of interpersonal networking, therefore more likely to achieve word-of-mouth marketing. However, when it comes to buying from social platforms, there are many layers of middlemen. You don’t know how many layers of middlemen you have paid for, nor how much commission the middlemen get from it.

Middlemen are indispensable in any business pattern because of its role in promotion. If this is the case, can we make the interests of middlemen transparent, and make everyone’s promotion profitable? Through the smart contract system, VDS utilizes its social networking function-the Trust Stamp Network, to form a decentralized business pattern called Blockchain Business Contracts. Blockchain Business Contracts use smart contracts to decentralized the sale of goods and transparentize commissions, so that each consumer can become a “middleman” and get promotional revenue.

Global suppliers can register as merchants on the VDS chain, set up the sales amount of the product and the commission to VIDs in the Trust Stamp System, then release product info through the VAD system to every VID within the ecology. When a certain VID buys product from one merchant, the 12 directly-related VIDs above this VID in his Trust Stamp System obtain corresponding Vollar according to the commission set by the merchant.

There’s no way for consumers of e-commerce on conventional social platforms to figure out the commission of the goods they purchase, and even less likely to receive promotional commissions themselves. Blockchain Business Contracts in VDS makes the middleman’s commission transparent and prevents bad middlemen from earning high spreads. It offers commission rebate to VID under the Trust Stamp System so that all VIDs can share the promotion info under the incentive of commission. For merchants, the consumers become resellers, all VIDs may be part of the sales team. Not only can they find more consumers through a multi-level social network of the Trust Stamp, but also add new members to the sales team. The design of the Blockchain Business Contracts is a win-win for both merchants and consumers.

VDS ecology comes with its own ad-bidding broadcast system VAD, which is also decentralized and free from the content audit from the centralized institutions. The ad-bidding process is completely open and transparent. When the bidding price becomes the highest in history, the ad will become the Top Ad. Top Ad will always display at the very top and get better publicity before the next Top Ad appears. Compared with the complicated auditing and factors of interference from centralized publishing platforms, which has no uniform and fair competition standard, VDS, on the contrary, sets no limit on the content. VAD bidding is based solely on the price. Merchants compete for the ad spot on a fair basis, regardless of other factors. Any merchant can establish his own decentralized business circle without restrictions through the Blockchain Business Contracts coupled with VAD system.

VDS is based on smart contracts and backed by the Trust Stamp Network with huge user groups. Blockchain Business Contracts can be implanted into the Trust Stamp System of every VID, creating a new type of decentralized business pattern. The setting of commission arouses the enthusiasm of each VID, allowing consumers to find larger consumer groups for the merchants and boost product sales. This has never happened in a centralized business pattern. It is precisely because of decentralization that the trust mechanism between people are easily established. VDS hopes to break the bottleneck of the current centralized business pattern and redrew the blueprint of global business layout with a decentralized way of thinking.

It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income.

But how exactly can we send all our wealth to a piece of paper and put it in our pocket?

Monero is routinely seen as the gold standard of the privacy niche, and for good reason. It’s the longest running of the major contenders, boasts the largest market cap, and has successfully protected XMR transactions from unwanted eyes for years.
But that hasn’t stopped Monero users from being identified and reprimanded, over and over again.
While other privacy coin fail, VDS might be the ultimate solution..

I don’t think value of crypto with real utility will fall, even in the times of crisis, that’s when we’re in desperate need to find something to lean on, right?

VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation.

Appreciate your optimism. But still, I’d much prefer to ensure my source of income.

In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis.

Since the value consensus of Bitcoin has been formed and is widely acknowledged, many people chose Bitcoin as a safe-haven when regional financial crisis occur. However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms. The advent of VDS once again frees up the privacy in Bitcoin transactions, we can convert Bitcoin safely into Vollar through VDS’s resonance trade. When you choose Vollar as the property category, its build-in decentralized and distributed trading mechanism will transform your Vollar into the type of wealth you desire in a secured manner.

Vollar is the only circulating medium in VDS ecosystem. Bitcoin can be converted into Vollar through resonance trade, and Vollar can be converted into any currency through the built-in decentralized OTC function. Similarly, you can exchange fiat for Vollar with OTC and then convert Vollar into Bitcoin. Every function is decentralized within VDS, so your transactions are completely free.

Bitcoin can not only be freely traded but also appreciate in value after being converted into Vollar. First of all, VDS utilizes blockchain technology to allow everyone to build their cash flow channel through multi-layer interpersonal fission promotion. This is called the Trust Stamp system, through which everyone can get a continuous flow of cash while VDS gets an exponentially growing user base. As the users grow rapidly, so will the demand for Vollar. Meanwhile, VDS also incentivize people to build super master nodes with high income such as transaction fee and issuance rewards to expand and maintain the stability of the network, and enhance user experience. The construction of super master node takes 10,000 Vollar as a deposit. After the establishment, super master node will receive a steady stream of income, and consequently with the decrease in circulation volume, the 10,000 Vollar deposit will also appreciate in value. Super master nodes will continue to grow, which cast a positive control of Vollar circulation and make the market in short supply, price will inevitable climb. In conclusion, VDS not only start a channel for Bitcoin holders to achieve freedom of wealth through resonance trade, but also conduct a permanent value-added wealth management for those who participate in VDS ecosystem.

The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.

Followed your article from “Truman Show”. I did a calculation, yeah, the return of VDS super master node does exceed the vast majority of investment products nowadays.

The Truman Show, one of my favourite movie of all time. I can totally relate to considering our current circumstances. A secured coin with application scenarios might be that "exit door".

Bitcoin has gone through 10 years to reach this far, VDS needs more time.