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Author Topic: ANN : Embark on the Blockchain Evolution with Savitri: Opportunities as Ambassad  (Read 215 times)
And_Krav (OP)
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March 19, 2024, 05:46:56 PM
 #1



We are thrilled to unveil Savitri, a trailblazing project at the forefront of blockchain innovation. Savitri's mission transcends the conventional boundaries of blockchain technology by fostering an ecosystem where digital interactions are not only secure and efficient but also universally accessible. Our vision is to democratize technology, making the transformative power of blockchain accessible to individuals and communities around the globe.

Introducing Savitri: A New Paradigm in Blockchain Technology

Savitri distinguishes itself through a harmonious blend of technology, vision, and community:

  • Proof of Unity (PoU) Consensus Mechanism: At the heart of Savitri lies our revolutionary consensus model, Proof of Unity. Designed to address the pressing issues of scalability, security, and environmental impact, PoU is a collaborative consensus mechanism that ensures transactions are processed efficiently, securely, and in an eco-friendly manner. This innovative approach promises to enhance the user experience by providing faster transaction times and reducing costs, all while maintaining a commitment to decentralization and sustainability.

  • Accessible and Empowering: Savitri strives to eliminate the barriers to blockchain adoption. Through the Savitri Foundation, we provide comprehensive educational programs, development tools, and resources designed to empower users, developers, and enthusiasts. Whether you're a seasoned blockchain developer or a newcomer intrigued by the potential of decentralized technology, Savitri offers the tools and support you need to explore, innovate, and contribute to the blockchain space.

  • Sustainable and Decentralized Ecosystem: We are building a future where digital services and applications are both secure and equitable. Savitri's ecosystem supports smart contracts, seamless IoT integration, and automated operations, creating a foundation for decentralized services free from centralized control.

  • A Call to Action for Innovators: We invite developers, entrepreneurs, thinkers, and dreamers to join us in shaping this decentralized digital revolution. Your creativity and innovation have the power to drive forward a new economy, leveraging the unparalleled capabilities of blockchain technology.

Join the Movement: How You Can Get Involved

Ambassadors and Team Members Wanted: We're on the lookout for passionate individuals to amplify our mission. Your role as an ambassador or team member will be pivotal in spreading the word, educating the community, and driving the adoption of Savitri across the globe.

Deep Dive into Savitri's Technology and Participation Opportunities

Savitri's Advanced Blockchain Solutions: Dive into our ecosystem's offerings, from purchasing SAVI coins—central to transaction and network participation—to investing in cutting-edge hardware designed to support and grow the Savitri Network. Our technology stack is engineered for scalability, security, and user empowerment, setting new standards in blockchain innovation.


Why Savitri? Huh

Choosing Savitri means embracing a future where blockchain technology is integral to solving real-world problems, ensuring security, and promoting global inclusivity. It's an opportunity to be part of a movement dedicated to creating a fair, decentralized, and transparent digital world.

Step Forward into the Future with Savitri

Explore the potential of blockchain with Savitri. Visit our official website to learn more about becoming an ambassador, joining our team, or engaging with our technology on a deeper level. Your journey with Savitri starts today.

Official Website: https://savitrifoundation.tech/ambassador-program/

Engage with Us: For further inquiries or to explore how you can contribute to the Savitri project, please reach out to us Ambassador@savitrifoundation.tech
 
Welcome to the future. Welcome to Savitri.

- The Savitri Team
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March 19, 2024, 10:00:14 PM
Last edit: March 20, 2024, 12:52:13 AM by Vod
 #2

Proof of Unity (PoU) Consensus Mechanism: At the heart of Savitri lies our revolutionary consensus model, Proof of Unity. Designed to address the pressing issues of scalability, security, and environmental impact, PoU is a collaborative consensus mechanism that ensures transactions are processed efficiently, securely, and in an eco-friendly manner. This innovative approach promises to enhance the user experience by providing faster transaction times and reducing costs, all while maintaining a commitment to decentralization and sustainability.

New algorithms are always thrilling!   Can you describe in a sentence or two how it works?

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And_Krav (OP)
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March 20, 2024, 04:35:08 AM
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In two sentences, it is not simple to share everything, but I will try to do my best:


In the consensus mechanism, nodes share transactions with a random peer-to-peer group, where each transaction and its data are evaluated and scored by the verifying nodes based on various parameters like quality and work quantity. The node with the highest score finalizes and forwards the block to master nodes, receiving 80% of the transaction fees, with the remainder distributed among the participants. Every winner node will share two kinds of blocks: one for the master node with all transactions and data, and the second with the receipt about the evaluation of transactions and the node. This approach ensures network integrity and encourages honest participation.
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March 20, 2024, 05:29:46 AM
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In two sentences, it is not simple to share everything, but I will try to do my best:


In the consensus mechanism, nodes share transactions with a random peer-to-peer group, where each transaction and its data are evaluated and scored by the verifying nodes based on various parameters like quality and work quantity. The node with the highest score finalizes and forwards the block to master nodes, receiving 80% of the transaction fees, with the remainder distributed among the participants. Every winner node will share two kinds of blocks: one for the master node with all transactions and data, and the second with the receipt about the evaluation of transactions and the node. This approach ensures network integrity and encourages honest participation.

Interesting.   How does the chain calculate quality?

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And_Krav (OP)
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March 20, 2024, 05:56:01 AM
 #5

The calculation is made based on various parameters, some of which include:

  • The amount of coins staked at the time of registering as a node
  • The number of hours the node has worked in the network

  • The number of blocks won and correctly confirmed
  • The ping in transmitting transactions between nodes

  • Contribution to the Network
  • Quality of Proposed Transactions

  • Response to Attack Attempts
  • Transaction history

And many other factors


But the Consensus Mechanism is just the first of our innovations; we are developing various technologies and solutions.
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March 20, 2024, 07:01:18 AM
 #6

The chain calculates quality based on quality?   I'm tired - I'll look again tomorrow after you try to explain it better.

It's very important that you do.  This community is not swayed by crypto talk, and you don't want to be labelled as a pump and dump.  :/

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And_Krav (OP)
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March 20, 2024, 07:48:20 AM
Last edit: April 12, 2024, 09:41:28 PM by Mr. Big
 #7

    Yes it's not to much clear in the previous messages so here it will be clear :

    To ensure our network remains robust and secure, we've designed a comprehensive scoring system for our nodes that hinges on a variety of crucial parameters. Here's a closer look at each to help you understand how they contribute to the overall efficiency and security of our blockchain network:

  • Staked Coins at Registration: The initial commitment is measured by the amount of cryptocurrency a node operator stakes when they register. This demonstrates their investment in the network's success and stability.
  • Operational Hours: The duration for which a node has actively contributed to the network is critical. More hours mean more experience and reliability, enhancing the node's value to the network.
  • Blocks Confirmed: Winning and successfully confirming blocks is a direct indicator of a node's effectiveness and its contribution to the blockchain's continuity.
  • Transaction Ping: The speed at which a node can transmit transactions to other nodes is vital for maintaining a swift and efficient network. Lower ping times mean faster communication and transaction processing.
  • Contribution to the Network: This broad parameter assesses a node's overall positive impact on the network, including but not limited to, facilitating transactions, supporting network operations.
  • Quality of Proposed Transactions: Nodes that propose valid and useful transactions (e.g., transactions that are not spam or do not attempt to overload the network, but for example IoT data, financial transactions, and smart contract) can receive higher scores.
  • Response to Attack Attempts: A node's ability to detect, report, and thwart potential security threats is crucial for the network's integrity. Proactive nodes that help avert attacks earn higher scores.
  • Transaction History: A clean record of facilitating legitimate and successful transactions boosts a node's reputation and score, reflecting its reliability and trustworthiness.
  • Other Factors: The scoring system also accounts for a variety of other factors, which may include voting for the Fee Scale Adjustment and more

By evaluating nodes across these multifaceted parameters, we aim to incentivize exemplary performance and foster a secure, efficient, and robust blockchain ecosystem. This multifaceted approach ensures that only the most reliable, active, and supportive nodes are recognized and rewarded, maintaining the high standard of our network.

I hope with this message the system is more clear.

I would like to emphasize that our system is currently under development. Therefore, we are actively seeking team members and ambassadors to help us in our quest to build the future of blockchain technology. We strongly believe in the principles of decentralization and decentralized democracy, and we welcome all members to share their ideas and work together to improve our consensus mechanism and blockchain.



In our blockchain, to ensure accessibility for all types of nodes, we've introduced two distinct network access systems. For standard nodes, access is simplified through downloading a "monolith block," which contains a complete registry of wallets, their assets, and transaction receipts. This block is updated every 24 hours by a master node randomly selected from the network. Alternatively, for those aiming to become master nodes, a full network download, including all transactions, is required. This dual-system approach is designed to facilitate easy and rapid network access without significant investment, democratizing participation in our blockchain ecosystem.



Hey everyone,

We're back on the lookout for new team members to join our exciting project! If you're curious about what we're working on, the perks of being part of our team, or anything else, feel free to reach out here or drop us an email at ambassador@savitrifoundation.tech . We're thrilled to welcome anyone who's interested in embarking on this journey with us. Our project is open for collaboration across various domains, including blockchain expertise, communication, and more. Our goal is to unveil our project to the world and open up a realm of new opportunities for people. Let's explore this new horizon together![/list]
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March 28, 2024, 02:33:12 AM
 #8

The node with the highest score finalizes and forwards the block to master nodes, receiving 80% of the transaction fees, with the remainder distributed among the participants.

What if more than one nodes have the same score? Like they have all the requirements at the same level based on the parameters you described. How will the chain decide which node should be allowed to forward the block and get rewarded? Is it possible for it to allow multiple nodes to do that and get the block reward split between them? Please elaborate.

We're back on the lookout for new team members to join our exciting project! If you're curious about what we're working on, the perks of being part of our team, or anything else, feel free to reach out here or drop us an email at ambassador@savitrifoundation.tech .

What are the perks of being a part of your team?  Tongue Let's reveal them for the public to see so that you get a bunch of emails from people interested in joining your team.  Wink

And_Krav (OP)
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March 30, 2024, 06:36:54 PM
 #9


Sorry for the delay. Here are the answers to your questions

Quote
What if more than one nodes have the same score? Like they have all the requirements at the same level based on the parameters you described. How will the chain decide which node should be allowed to forward the block and get rewarded? Is it possible for it to allow multiple nodes to do that and get the block reward split between them? Please elaborate.

The block is closed by a single node, and if there are two or more nodes with the same parameters, one will be randomly chosen, like a lottery. However, in this case, the winning amount will not be 80% of the commissions but will be 50% plus the rewards. The losing node will receive 30%, and the remaining 20% will be divided among all the other nodes in the P2P group.


Quote
What are the perks of being a part of your team?  Tongue Let's reveal them for the public to see so that you get a bunch of emails from people interested in joining your team.  Wink

The advantages are manifold: from the opportunity to be part of a group that constantly creates new technological solutions, to a group that, having no limits, continuously raises the bar both in terms of innovation and security. Access to cutting-edge tools is also provided. Moreover, each member receives a quantity of coins as payment for their activities. Additionally, each team member can receive further benefits and discounts from partners. Access to innovative tools is provided for free, and above all, the possibility to actively participate. The work is flexible, remote, with innovative challenges, and the most dedicated and deserving members have the opportunity to earn stock options in the company.
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March 31, 2024, 10:44:27 PM
 #10

each team member can receive further benefits and discounts from partners.
Partners??!! I saw only one partner on your site!!

In any case, I browsed your website and it is clear from the road map that the idea began early at the end of 2021, but it is not clear on the website which stages of the road map were implemented from that time until today!!

It would be interesting if you could share with us some of the details that you have been able to accomplish so far, especially on the issue of the Proof of Unity (PoU) consensus mechanism because it seems to be a new idea and not yet understood.

Do you expect, for example, to be able to replace the old well-known work mechanisms such as POW and POS?

And_Krav (OP)
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April 01, 2024, 10:23:21 AM
 #11

We have various partners, but we will reveal them after the testnet is open to everyone.

At this point, we have implemented the logic of P2P with small groups of nodes, the logic of receipt and scoring. Now, we need to finalize the scoring and the lottery between the nodes. We have developed the logic for wallets and sub-wallets, multi-sign transactions off-chain, and we are currently developing the logic for the monolith block.

In the roadmap, we haven't specified what has been concluded and what is still in progress. We will update it with dates and details on what has been accomplished and what is still pending.

Our scope is to create a real alternative to a PoW and PoS where all people can be part of network with low expenses with any devices where we have the real decentralization where if someone invest a lot of money obviusly has more advantages but this doesn't mean they must to take a controll of network or choose the fee value or choose which transactions must to be accomplished.
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