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Author Topic: Valuable Asset Transport Layer and Units [VATL]  (Read 124 times)
namor
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June 08, 2021, 04:53:52 PM
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Goal: universal transport layer/protocol to support all possible assets including money, stocks, blockchain assets, images, private chat messages, documents etc.

Concept of a Valuable Information: Any asset acquires its value since it was stored as digital record. It must be handled as immutable set of bytes to keep a value. Such information can be converted, transferred, and processed using universal protocol or Valuable Asset Transport Layer (VATL) to provide immutability. Only one entity of a valuable asset can exist at a time. A valuable asset cannot be duplicated or copied, but a new entity can be created.




VATL is a universal recognizable shape of digital assets, that can be transferred and stored as a real-world analogue. Transferring VATL asset you transfer exact asset as set of bytes, but not only change accounts amount. You can store digital assets on the servers, local SSDs or client's USB flash drive. Design classical bank systems, valuable document storages or blockchains using VATL. VATL supports all type of assets from classical currencies to blockchain-based crypto and private messages and documents.

Units

Units are a universal VATL asset. Any VATL asset can be converted to units. Units created to solve mutual conversion issue and intended to provide VATL protocol unlimited communication. Units are abstract entities or technical “currency” and are used as base for valuable assets/information conversion. You can earn 1 VATL unit once per day from unique IP. VATL supports dynamic rules for assets generation and storing. Above conditions might be changed.

New Word in Privacy

Following the rule of one entity at a time, VATL asset can be owned only by one account/person/institution. And that’s why delegate ownership to 3rd parties is not always a best practice. A good example is an abstract VATL mobile messenger. Client 1 sends message to the Client 2. Now message is stored in the Client 2 phone and owned exclusively by him. No 3-rd party must be able to access this information.


Website: https://vatl.io
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MMOStars
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June 08, 2021, 11:45:46 PM
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Haven't seen a unique project on this board for more then a month time.

Since I'm not a coder questions would be there are some kind of API's to utilize your blockchain? Would this be like 1 blockchain for 1 company etc?

How does the blockchain move? Like a mining action needs to be made to move the whole blockchain? Does the size of the blockchain grow and difficulty of moving the blockchain increases over time?

Currently don't see a GitHub for your project, it's gonna be made public or will remain closed source?

You plan to connect the project to an exchange so it becomes an asset?

What's the total possible unit amount if there is any? Basically tokenomics of the project would be interested as nothing mentions them on official website.

Anything else you wanna add that I might not have thought to ask is welcomed.
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June 19, 2021, 07:17:22 AM
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Amy updates on the project?  Embarrassed
namor
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June 22, 2021, 09:13:37 PM
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Any updates on the project?  Embarrassed

Thank you for the excellent questions. And yes, we are planning to inform you about updates more frequently here.


Since I'm not a coder questions would be there are some kind of API's to utilize your blockchain? Would this be like 1 blockchain for 1 company etc?


Yes, we have an API  Smiley Documentation will be added after we finish our mobile app we are currently working on. The goal of VATL protocol is to allow to transfer any type of valuable information. For example, for 1 company it can be:
- documents/images stored on hard drives using VATL protocol;
- VATL compatible stocks stored on the cloud;
- tokens stored on the blockchain etc.


How does the blockchain move? Like a mining action needs to be made to move the whole blockchain? Does the size of the blockchain grow and difficulty of moving the blockchain increases over time?


You need to provide small VATL POW in terms of blockchain. It must be executed from unique ip and account to issue 1 Unit. Units can be spent or converted into any other VATL asset. No, any difficulty changes but POW rules might be modified one day.



Currently don't see a GitHub for your project, it's gonna be made public or will remain closed source?


It is closed right now. We are trying to focus on development of universal protocol, not next cloned blockchain opensource. And our next step is development of secure VATL opensource messenger with both frontend and backend published.


You plan to connect the project to an exchange so it becomes an asset?


Yes, we hope exchanges would be interested in VATL protocol in the first place and Units as an asset.


What's the total possible unit amount if there is any? Basically tokenomics of the project would be interested as nothing mentions them on official website.


No, there is no any kind of limitations here. Personally I like the real world expandable model of economy, so limits are something that we're trying to avoid. The only possible limitation is a total number of IPv4. Anyway, this is a dynamic rule that might be changed.
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August 09, 2021, 05:55:36 AM
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Any updates on the project, website on 503 Service Temporarily Unavailable?
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