🚀 [ANN] Stabila Public Chain (STB) | Decentralize the financial system. 🚀

[srhash]

Do you have any telegram community group? I didnt find any in your website and from this ANN.

Its mentioned right on the footer of this Thread, just read the thread carefully. They have 16k members at there TG and thts a good progress in few months of initial launch.

[stabilastb]

Do you remember using ETH in the last months or who is using ETH now?
No sane person will use ETH. People migrate to quality networks.
The crypto industry is in its inception phase and has not matured a single bit. What we do is a process of maturation, building up trust, and spreading the use of blockchain. Adding functionality, interoperability etc...  

Yes i used ETH very often and see the market cap of ETH you will find there are hundred or thousnads of people who used this on daily basis.
You better talk about your project, stop comparing your project with coins that are well established in the market.

You have probably heard of the 10,000-hour rule, which Malcolm Gladwell popularized. It tells, the rule goes like this: it takes 10,000 hours of intensive practice to achieve mastery of complex skills and materials.

Competence is defined as the capacity to respond to individual or societal demands to perform an activity or complete a given task. It is developed through acting and interacting in formal and informal educational or professional contexts and requires going beyond the mere reproduction of acquired knowledge. At its highest level, this conceptualization of competence implies choosing and adapting from within the acquired processes necessary to solve an unknown complex task or problem.

What is meant above is you are welcome to join constructive talks and assert your level of expertise and reply if you have something to say. Just having an aggressive stance and bringing words out of context will not help.

You claim to have used ETH 'very often'(do you mean in the past or still using it). Can you multiply 'very often' by fees and let us know how much you have spent in the last year. When you do it, let the community assert the degree of your madness. Whether you are blind and don't see other better blockchains with lower fees, or maybe you are a very reach dude who does not care.  

We achieved it already at launch. 21 Governors in place, which means 21 servers spread all over the world and controlled by different entities. As the network grows, the governors' number will increase as well. So we may reach thousands of governors in a few years. We reached 15928 active wallets(wallets with balances) in 2 months, steady growing.

you have 21 governors in place, right? with just 21 governors chances of 51% attack become more obvious since one need to take control of 11 or 12 governers to control the entire network. Can you explain a bit how your protocol avoids the 51% attack risk?

DPOS is a bit different. Someone needs to get control of 70% to be able to do the attack. So from 21 Governors: ((21/3)*2)+1=15. Governors are elected by Stabila holders. Please note the governors may increase to thousands etc...
DPoS overview
The role of consensus is to select the executives in the blockchain system. The executives verify the transaction data and keep the account in order. They broadcast new accounts to other nodes in the network and obtain the new accounts' approval from other nodes. As a specific implementation of consensus, DPoS works in the following way:
The DPoS consensus selects some nodes as executives in the blockchain system based on the number of votes they receive. First, when the blockchain system starts to operate, a certain number of coins/tokens will be issued, and then the coin/tokens will be given to nodes in the blockchain system. A node can apply to be an executive candidate in the blockchain system with a portion of the coins/tokens. Any token-holding node in the blockchain system can vote for these executives. Every t period, the votes for all the executives will be counted. Top N candidate nodes with the most votes will become executives for the following t period. After t period, the votes will be counted again to elect the new executives, continuing the cycle.

[Duchess]

How will you back your stable coins? Normally for a stable coin to be "stable" you have to back it with something otherwise the price will not stay the same as the fiat currency it is pegged to. Good stable coins have 1:1 of fiat currency to back the stablecoin.

[stabilastb]

How will you back your stable coins? Normally for a stable coin to be "stable" you have to back it with something otherwise the price will not stay the same as the fiat currency it is pegged to. Good stable coins have 1:1 of fiat currency to back the stablecoin.

1. Client creates custody account with Stabila.
2. Client deposit fiat in the custody account.
3. Stabila mints stablecoin to the client's address.
4. Client asks to burn stablecoins.
5. Stabila release custody funds.

A more in-depth here: https://stabilascan.org/api/static/how_banks_can_succeed_with_cryptocurrency.pdf

[AntChe]

Where is your Github, cant see it on this thread. If you are not revealing the real code then its fine otherwise for every decentralized its code is available on Github. do you have plan to share it on github.

[lalabotax]

Do you have any airdrop or bounty program that is yet to come? I am interested in grabbing your coin via bounty or airdrop.

Don't you check the bounty section?
They have a bounty program, bro.
- https://bitcointalk.org/index.php?topic=5379099.0
- https://bitcointalk.org/index.php?topic=5379533.0
You can join the signature campaign or the bounty program if you want to earn STB tokens. You still have time to join because they are planning to run the bounty or signature campaign for 16 weeks. Just register immediately.

[stabilastb]

Where is your Github, cant see it on this thread. If you are not revealing the real code then its fine otherwise for every decentralized its code is available on Github. do you have plan to share it on github.

https://stabilaprotocol.github.io/documentation-en/
https://github.com/stabilaprotocol

[stabilastb]

1. Client creates custody account with Stabila.
2. Client deposit fiat in the custody account.
3. Stabila mints stablecoin to the client's address.
4. Client asks to burn stablecoins.
5. Stabila release custody funds.

A more in-depth here: https://stabilascan.org/api/static/how_banks_can_succeed_with_cryptocurrency.pdf

Stable coins are not decentralized rather centralized, for instance, USDT, BUSD are all centralized ones. So going for stable coins clearly means that you are not centralized as you are claiming from very start. There are many standards which you have to meet to become fully decentralized.

Anything in DAO code is decentralized as it exists on blockchain and functions by itself. Minting anything is not a decentralized process as it has exterior actions to take. Example: Receiving and checking custody of funds in a bank. We are working on a blockchain-based custodian where stablecoins will be issued from staking crypto assets, a fully decentralized process. However, it is due next month.

[pealr12]

Lot much is said about decentralized environment but only btc is purely decentralized rest are just created by teams and there is no guarantee of there decentralisation. Even we know that ethereum blockchain is created by a person and who knows he has the loop hole to take control one day.

Btc was also created by team but the only difference is they are anonymous to you but that doesn't mean they are not aware of what is happening (i.e if they are still alive) so you can not say btc is purely decentralized when it was created by a person or group of people who decided to stay unknown. btc is decentralize and open to the public but it was created by a human(s).

Supposing vitalik and the eth team decided to also stay anonymous when the created the ethereum network you will also have the same perception towards eth.

[stepwilli]

Public blockchains have some disadvantages. Mainly the high power consumption required to maintain a distributed public ledger. Other issues include a lack of complete privacy and anonymity. This can lead to weaker security of the network and user identities. In addition to genuine contributors, participants sometimes include fraudulent members who can engage in malicious activities such as hacking, token stealing, and network congestion.
How do you overcome these?

But, is there a crypto that is only composed of full advantages? Even the bitcoin itself still have disadvantage. That's normal and not a big deal but since I mentioned btc earlier. I think stabila is the same as btc because both have public ledger but thanks for the info, I didn't know that it can cause a high power consumption.

Now, I know why so many are against with btc because they say its not greener as other coins. Being transparent might be bad to some but we have anonymous cryptos too that they can use. No need to worry in shady activities because like we said earlier, any transactions are shown publicly, we can easily trace those criminals.

[stabilastb]

Lot much is said about decentralized environment but only btc is purely decentralized rest are just created by teams and there is no guarantee of there decentralisation. Even we know that ethereum blockchain is created by a person and who knows he has the loop hole to take control one day.

You can not be sure of that. The real BTC decentralization reports, prepared by experts, indicate Russian control.  

Lot much is said about decentralized environment but only btc is purely decentralized rest are just created by teams and there is no guarantee of there decentralisation. Even we know that ethereum blockchain is created by a person and who knows he has the loop hole to take control one day.

Atleast they are trying to deliver something that is long awaited. Let's see whether they can deliver such solution or not. We may criticise them once the product is launched and actual goal is missing. Its now become habit to criticise every new project launched.

Yeah but Anonymous193 has a valid point that if we don't know the real situation and just believe in them. It could be a great loss at the end of the because it's a very big risk indeed. So, that's why i think we should criticize and know whether it really speaking the truth or not.

Everything speaks for itself. Soon big investors will start joining Stabila.

Public blockchains have some disadvantages. Mainly the high power consumption required to maintain a distributed public ledger. Other issues include a lack of complete privacy and anonymity. This can lead to weaker security of the network and user identities. In addition to genuine contributors, participants sometimes include fraudulent members who can engage in malicious activities such as hacking, token stealing, and network congestion.
How do you overcome these?

Power consumption is a ferry-tail. You have to be very naive to believe in all the BS on social media. Blockchain tech can not be private and anonymous as this is the only difference with banks. The max security can be achieved only on blockchain, that is why security is top notch and user identities do not exist, only private keys.

[yawars20]

I know it could be a foolish question but still am very curious about this option of " In Circulation " means in Stabila exchange. As you mention earlier posts, That it is not listed on other exchanges yet.

[Arkright]

Reserve for future updates.

How can we buy token?Is there any guideline?

A bit of patience. We list in February 2022 when users will be able to trade STB.
If you want to buy now the only place is buying from other Stabila holders or from Stabila web wallet at https://stabilascan.org/

So it's almost an end of february, what is the process now? how can we buy now, are we supposed to buy from other who have stb or we can buy from you directly? 

[AmoreJaz]

I know it could be a foolish question but still am very curious about this option of " In Circulation " means in Stabila exchange. As you mention earlier posts, That it is not listed on other exchanges yet.

i believe it is within their platform itself as they have their own site where you can buy their coin and so they have internal pricing here also. the in circulation i believe are those current holders of their coins. but not yet available outside their platform.
curious to how far they will achieve here as promoting another decentralised financial system. we know, they have several competitors here.

talking about competitors, can stabila team come up with comparison table along with their top competitors in the market? i don't know if it already exists but would be nice to see a comparison table and the major features. it will give us good insights on how this network will be of edge with others.

[stabilastb]

I know it could be a foolish question but still am very curious about this option of " In Circulation " means in Stabila exchange. As you mention earlier posts, That it is not listed on other exchanges yet.

i believe it is within their platform itself as they have their own site where you can buy their coin and so they have internal pricing here also. the in circulation i believe are those current holders of their coins. but not yet available outside their platform.
curious to how far they will achieve here as promoting another decentralised financial system. we know, they have several competitors here.

talking about competitors, can stabila team come up with comparison table along with their top competitors in the market? i don't know if it already exists but would be nice to see a comparison table and the major features. it will give us good insights on how this network will be of edge with others.

Circulating Supply is the total number of Stabila STB coins that are actively available for trade and are being used in the market and in general public. Stabila was created with 30MLN STB total supply, 20MLN of the whole supply was made available for circulation. The Circulating Supply is always lesser compared to a coin's total supply. You can see now 20,587,442. The amount above 20MLN was mined.

Reserve for future updates.

How can we buy token?Is there any guideline?

A bit of patience. We list in February 2022 when users will be able to trade STB.
If you want to buy now the only place is buying from other Stabila holders or from Stabila web wallet at https://stabilascan.org/

So it's almost an end of february, what is the process now? how can we buy now, are we supposed to buy from other who have stb or we can buy from you directly?  

Can you tell us when stabila coin will be entering one of the known exchanges in the market? Last time it was said to be listed in February but it seems that's not going to happen, perhaps the bearish period the crypto market is currently facing could be a cause for delay in the exchange listing? It will be good to know if this will happen any time soon.

Guys the work on exchange is in progress. A lot of effort went into launching the DEFI, stablecoins, oracles, etc... This week all these features were implemented in the wallet. A lot of work went into security upgrades and  DDOS protection. We are constantly working on the project, except Sunday). Buy STB from your wallet, it is an easy and automatic process. On CEX, ongoing testing may take a few weeks and the DLT license is delayed so we are doing our best so far.  Expectations? 2-4 weeks.

I know it could be a foolish question but still am very curious about this option of " In Circulation " means in Stabila exchange. As you mention earlier posts, That it is not listed on other exchanges yet.

i believe it is within their platform itself as they have their own site where you can buy their coin and so they have internal pricing here also. the in circulation i believe are those current holders of their coins. but not yet available outside their platform.
curious to how far they will achieve here as promoting another decentralised financial system. we know, they have several competitors here.

talking about competitors, can stabila team come up with comparison table along with their top competitors in the market? i don't know if it already exists but would be nice to see a comparison table and the major features. it will give us good insights on how this network will be of edge with others.

We have been asked a few times to stop comparisons with other platforms) If you are curious?
https://stabilascan.org/api/static/Stabila_Balanced_scorecard_(2).pdf

We all the world situation right now, Russian is attacking Ukraine. we don't know what will happen next  and also we saw a little down on crypto market so, what is your prediction on this situation . Did Stabila also face the same problem like other crypto or it's doing well?

I will speak about Stabila. Because of undervaluation Stabila's price is not affected by anything except the customer demand. The more buyers the more it goes up. We encounter an influx of users. Most of them buy Stabila for BTC and ETH.

[stabilastb]

You are supposed to get listed on some exchanges on February. And now we are almost in march, So did you list stabila on any exchanges? can i have the name of the exchange?

Guys our exchange developers' office is being relocated now. It is very difficult to work under such circumstances. Patience and will get there.


ZOOM is being launched as a rewards-based Decentralized Finance (Defi) token based around STABILA coin and designed for the STABILA blockchain. It is being built from the ground up on the Stabila Block Chain (SBC). ZOOM has been designed with a unique rewards system and a focus on continuous, sustainable growth through innovative Decentralized Application. Apply through telegram: https://t.me/stabilastb

[Bitstar_coin]

I will speak about Stabila. Because of undervaluation Stabila's price is not affected by anything except the customer demand. The more buyers the more it goes up. We encounter an influx of users. Most of them buy Stabila for BTC and ETH.

Perhaps if stb was actually trading in the exchange then this statement can be justified, it would have been known if undervaluation will prevent the price of stb to be affected in this very hard times in the crypto space, because the majority of investors are afraid of the outcome of what is currently happening so not much buying is going on, rather people are selling for cash pending when things will come back to normal.

[mdzahed134]

Reserve for future updates.

How can we buy token?Is there any guideline?

A bit of patience. We list in February 2022 when users will be able to trade STB.
If you want to buy now the only place is buying from other Stabila holders or from Stabila web wallet at https://stabilascan.org/

In which exchanges STB right now listed? I didn’t find any news about it listing because February already ended. If i have to buy STB from others buyers who hold STB token, means it’s pre sale/public sale finished?
There are no planning to add it on Coinmarketcap or Coingecko? Because i don’t see no way to track this coin price.

[stabilastb]

I will speak about Stabila. Because of undervaluation Stabila's price is not affected by anything except the customer demand. The more buyers the more it goes up. We encounter an influx of users. Most of them buy Stabila for BTC and ETH.

Perhaps if stb was actually trading in the exchange then this statement can be justified, it would have been known if undervaluation will prevent the price of stb to be affected in this very hard times in the crypto space, because the majority of investors are afraid of the outcome of what is currently happening so not much buying is going on, rather people are selling for cash pending when things will come back to normal.

You are right. Let's wait until we roll out the exchange. In the meantime, our sales are steady and growing. Only 2 mln STB left unsold so far, compared to 14 mln sold already in the first 90 days.

As you mentioned that “all the decentralized application (DAO) in the STABILA space are licensed to counter fraud and minimize risk for it’s users” so how will you ensure that the risk will be minimized where thousands of hackers could be out there to bread the security and stole the money?

Contracts are reviewed and checked by our devs. If they issue a licensed mark, it is safe and hacks resistant.

where is your road map? how much are really achieve of that map? can i get the full roadmap?

Usually the docs are on websites. https://stabilascan.org/api/static/Stabila_Road_Map.pdf

"ZOOM is being launched as a rewards-based Decentralized Finance (Defi) token based around STABILA coin and designed for the STABILA blockchain. It is being built from the ground up on the Stabila Block Chain (SBC)"  found it  on your twitter. Do you have any ownership on this project or it's just  built on you?

It is built on Stabila blockchain and owned by the community.

I didn't understand the smart contracts licensing, If third party assumes responsibility and ensure that clients are safeguard
then there are lots of possibilities that they could be hacked and how do we ensure that the third party are trustable? there
are always a security concern and a lot could happen.

Stabila will mark 'Fraud' and will not license incognito deployed contracts. A contract is licensed when the team has been audited and screaned, proving the concept and usefulness of the deployed contract, maintenance procedures, and code inspection by our team. If it is asset-backed, custody accounts etc...

Reserve for future updates.

How can we buy token?Is there any guideline?

A bit of patience. We list in February 2022 when users will be able to trade STB.
If you want to buy now the only place is buying from other Stabila holders or from Stabila web wallet at https://stabilascan.org/

In which exchanges STB right now listed? I didn’t find any news about it listing because February already ended. If i have to buy STB from others buyers who hold STB token, means it’s pre sale/public sale finished?
There are no planning to add it on Coinmarketcap or Coingecko? Because i don’t see no way to track this coin price.

First exchange for stabila listing is Moneta Digitec. https://moneta-fx.com/  CMC and CG and other lot will follow after. Track the price on https://stabilascan.org/ or https://moneta-fx.com/

[nimogsm]

First exchange for stabila listing is Moneta Digitec. https://moneta-fx.com/  CMC and CG and other lot will follow after. Track the price on https://stabilascan.org/ or https://moneta-fx.com/

Is this an exchange from your project or not?I haven't heard of her before and haven't seen her anywhere.Are there approximate dates for listings for monitoring?I want to add a coin to the watchlist.