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February 19, 2020, 02:50:22 AM |
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Satoshi Nakamoto released Bitcoin whitepaper “A Peer-to-Peer Electronic Cash System” in 2008. Through the whitepaper and his posts on the forum, it is not hard to find the three points in Satoshi Nakamoto’s vision. First off, a freer trading environment, which is also the original intention of Bitcoin as a decentralized system. Only in a decentralized system can transactions be made without the authentication and permission from a third party. Secondly, a non-inflationary currency. Inflation is a problem for all countries since people’s wealth become diluted incessantly. Bitcoin has a fixed total supply, and no additional issuance will be made. The third is to protect everyone’s asset privacy. Bitcoin account can be created without identity info and you don’t need to confirm ID to make transactions.
However, alongside its development, Bitcoin is becoming kind of centralized with the involvement of an increasing number of centralized institutions, therefore incapable of protecting user privacy. VDS was born at the tenth anniversary of Bitcoin. Adhering to the original vision of Satoshi Nakamoto, VDS has added functions and business application scenarios besides the maintenance of decentralization, fixed supply and privacy protection. The ecology is open to experience, and with high degree of freedom and scalability.
In addition to basic transaction, VDS also added anonymous transaction by adopting zero-knowledge proof. More choices are available when selecting transaction type. Zero knowledge proof is the most complete anonymity technology after practice. No transaction records will be left, nor the balance of the anonymous address will be displayed or recorded. VDS guarantees absolute privacy of user assets.
All super master nodes in the VDS ecosystem constitute a distributed anonymous network on which secret chat and group OTC functions are implemented. Each one of the super master node is created with hidden IP, which protects builder privacy and also makes the entire network more anonymous. Each super master node is responsible only for data computing and information transmission, they do not save any info and make storage. In the process of transmission, information is randomly divided into fragments, each of which is encrypted and transmitted over different super master nodes. This provides absolute privacy for secret chatters, as well as better anonymity for group OTC function.
VDS does more than decentralization and anonymity, it has designed an appreciation mechanism for Vollar, the circulation medium in VDS ecosystem. The Trust Stamp System consists of numerous interpersonal relationships, people inside this system can directly or indirectly invite new users to join into VDS ecosystem and get corresponding rewards. With Trust Stamp System, everyone has the potential to obtain a steady stream of income as VDS enlarges its user base. It is a win-win situation. The demand for Vollar is bound to increase with the expansion of users. Besides, a 10,000 Vollar deposit is required for the construction of super master node. More builders will join due to its high revenue and thus decrease the circulation volume of Vollar on the market. Increased demand and reduced circulation will create a market in short supply, price will rise eventually.
VDS has fulfilled Satoshi Nakamoto’s three visions: a free trading environment, a non-inflationary currency, and the protection of asset privacy. Moreover, it has created the resonance trade system, a one-way exchange from Bitcoin to Vollar. Vollar is connected with Bitcoin through this channel, which not only brings Bitcoin ecology better level of anonymity, freedom, and decentralization to restore its liberty in the spirit of Satoshi Nakamoto, but also explored new possibilities and greater openness for Bitcoin with smart contract function in VDS ecology. Through resonance trade, VDS offers Bitcoin more head room and Bitcoin, because of its many years of development, the wide range of consensus, can also build a solid value consensus foundation for VDS. VDS and BTC share common ideals, the two complement each other for mutual achievements.
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