ORBITS NETWORK
The Orbits Network is Grabity`s decentralized main net that draw a truly distributed P2P network by utilizing all wired/wirelessly connected idle computer resources. Transactions from Orbits Network are managed efficiently through using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate portions into each by using the distributed storage technology and Defrag Function technology that can recall each part and execute in a streaming format.
Simultaneous Transaction
The sequential transaction-processing structure has limitations in the processing speed that cause problems in scalability. The fundamental way to address scalability issue is to handle simultaneous transactions. The simultaneous transaction processing is to be implemented on the Orbits Network and is in a producer-structure in which a node becomes the transaction generating, processing and verifying user. This solves the problem of scalability because the number of nodes that process and verify transaction also increases as the number of transactions increases, unlike the existing methods in which the network is overloaded as the number of transactions increases. The simultaneous transaction processing structure overcomes the need to collect and process transactions, creating a single block at the same time as generating a transaction and storing it in each node, that is responsible for processing including itself when the block is validated.
Genesis Hoisting
As the current Blockchain structure grows over time, the size of the distributed storage accumulated in each node increases equally, thus reducing the efficiency of the entire network and reducing node scalability. However, it is essential that many nodes participate freely in order to commercialize the Blockchain. Genesis Hoisting was devised for this purpose. Genesis Hoisting is a technology that sets up the distributed ledger and transfer all blocks to the super node when the storage space of the devices of each node reaches a certain amount. The term Genesis Hoisting is used to refer to the process of overwriting file after the calculation of providing a block index number that is one higher than the existing block in the process of overwriting the file after calculation.
Defrag. Function
Defrag Function is a technology that can recall distributed DApp source files in real-time streaming format. The distributed storage of the functions, that comprise the program source and the basic unit, prevent modulation by comparing the hash values of the functions with other nodes. Because Defrag function does not need to save all the original source files, it does not need to save functions that are not used or used infrequently, thus reducing the burden on storage space and keeping the network efficient.
Distributed Storage
Current DApps store database in the Blockchain and the source files are stored on a central server. Due to the fundamental limitations of the Blockchain technology and communication technology, it operates in a hybrid structure. This structure can be protected through Blockchain to some extent but is still at a vulnerable state, but when the central server becomes disabled, the whole system will collapse. A truly distributed application should allow source files to operate and store in distribution. However, an efficient storage system and processing system is needed in managing the source files in the Blockchain because the capacity increases exponentially. Unlike the existing structure in which functions are stored in the entire memory and reading the contents of a particular function, the program source on the Orbits Network have their functions hashed and stored in basic units.
Token Economy
The consumers of computer resources can use the Orbits Network using GBT for less than the cost of building or maintaining existing servers, and the provider of computer resources can obtain GBT by providing Orbits Network with idle resources or extra devices of their own devices.
Various Dapps will be available through the DApp Store
The value of the main net depends on the number of DApp. Most DApp users come from existing application users, so Grabity provides a familiar DApp Store for existing application users. Since the essential requirement to use DApp is the unrestricted storage space and transaction of tokens, DApp Store will be released on PC and mobile versions associated with other wallets and exchanges. The DApp Store is classified into various categories such as game, finance, social networking, media, health, education, music, etc. and the ranking system is based on an algorithm that comprehensively consider daily average number of users, satisfaction, transaction, and development.
Website:
https://grabity.io/
Whitepaper:
https://github.com/grabityorg/WhitePaper/blob/master/Eng.MD
Telegram Grub:
https://t.me/GrabityENG
Youtube:
https://www.youtube.com/channel/UCLNbf55ckVw37CC3CnuEYbw
Facebook:
https://www.facebook.com/Grabity.io
Twitter:
https://twitter.com/GrabityOfficial
Author:
https://bitcointalk.org/index.php?action=profile;u=2427666
Emoticon