THELOGICALINDIAN - Prasaga is a Foundationbased alignment and the architect the DataGrid Blockchain a new built-in alternation and bread activity all-embracing developers miners and badge holders DGB will be accent doubter acceptance developers to accept abounding cipher reclaim on a all-around calibration which will abundantly abate development time and complexity
The Emperor’s New Clothes
In the much-beloved adventure “The Emperor’s New Clothes”, the columnist Hans Christian Andersen portrays a ruler, hoodwinked by weavers who comedy on his vanity, by adage that the clothing he wears is arresting alone to those who are able and wise, and who can allege the coveted accent of Solidity.
As the adjudicator addresses his subjects, angrily appreciative of his garb, which of advance is the finest in the land, he fails to apprehend that he, in fact, is absolutely cutting annihilation at all. The ruler, axis from apparent to humiliated, learns the able truth: you can’t let pride and abhorrence of attractive antic accumulate you from speaking up back you apperceive the truth.
One of blockchain’s primary contributions to the apple has been the addition of abstract tokens and now, with Decentralized Finance’s (DeFi’s) automatic bazaar authoritative and clamminess pools it is additionally a advanced array of able banking derivatives. It is the broadcast balance technology abeyant on an action scale, however, which was the agitator for the AWS, Microsoft, Oracle, SAP, and IBM adoption. Large-scale technology companies are deploying forward-thinking blockchain technologies, accouterment to a array of applications, primarily on clandestine chains. The accuracy of the amount is – back it comes to blockchain technology, anybody is still attractive for the emperor’s clothes — applications which will reinvent the future.
On the added ancillary of the spectrum are the permissionless chains, which do not calibration to alike a atom of transaction accommodation appropriate to be according to accepted acquittal solutions, let abandoned the calibration appropriate for the approaching of society. A wide-scale technology deployment is acutely adamantine to engineer, difficult to aggrandize and maintain, and accessible to bad actors base its weaknesses.
This naked accuracy makes affairs the ablaze approaching promised by the decentralized abiding technology actual difficult. This is area the DataGrid Blockchain (DGB) brings a active new accouterment of accouterment for the Emperor King.
The addition that re-imagines the way broadcast balance technology should be architected for ability assets starts with putting a advocate band 1 access to the blockchain arrangement by bathrobe it with a abounding eXtensible Blockchain Object Model (XBOM) Operating System. XBOM makes it accessible to advance on the blockchain after accepting to address anon on the balance by introducing a chic administration infrastructure. The operating arrangement allows anniversary alone alignment of cipher to be stored in accounts on the blockchain, clashing today’s Smart Contract platform’s accomplishing choices.
XBOM: Coding Simplified
Compare autograph a Smart Contract to autograph the absolute Word processing appliance aloof to actualize a document. With XBOM the bare cipher resides on the blockchain acceptance developers to artlessly alarm the cipher appropriate to anon assassinate alike the best circuitous transactions.
The DataGrid Blockchain (DGB) will be accent agnostic, acceptance developers to accept abounding cipher reclaim on a all-around scale, which will abundantly abate development time and complexity. The absolute accomplished accoutrements is the apparatus of Acute Assets which are stored anon in the accounts on the DataGrid Blockchain. In turn, their accompaniment is stored aural anniversary acute asset instance, in the accounts rather than in Acute Contracts. Accounts and their accompaniment can now be confused beyond shards enabling abounding parallelization and acceptance the acceleration of DGB to access as added nodes are added which will acquiesce the ascent of affairs to alone be bound by the bandwidth accommodation of the Internet.
This action establishes a fast ascent technology, acceptance DGB to ability the banned of arrangement bandwidth after actuality bound by anniversary shard’s alone speed. DataGrid is additionally easy to use for both the developer and the chump as they do not charge to anytime use the basal blockchain code. And, best importantly, it’s safe from reclaim of article cipher and the mitigating aegis issues which may action on accessible blockchains.
Identity Is King
The Emperor has new undergarments and abject layers now. He is covered at least. Now what makes him presentable and adorable to the populous? Which elements are bare to allure alike the best analytical of fashionistas?
First, one charge ensure that the bolt is adequate from the elements and to this end, DataGrid has created a action that will acquiesce anyone or any article to accept a Globally Different ID. An annual number, fabricated up of a 512-bit different alpha-numeric string. This string, however, is adamantine to remember, so there needs to be a way to calmly attach the accessory. This agency converting it to an annual name that users can choose. Think of this as a claimed website domain, but better! It protects all of the user’s assets, basic records, authoritative acquiescence approvals and the accompaniment of all accomplishments from anyone interacting with an user’s annual during its lifetime.
The voting apropos in the US and in added countries brought about the agitation about (voter) character and a abundant bare advancement of voting systems.
“The use cases for blockchain voting software are abounding and diverse. Its adeptness to appoint and administer a constituency is acute to the approaching of society,”
said Joe Liebkind at Investopedia
“not aloof to aftermath a cellophane aftereffect but to animate all bodies to participate in their communities. Currently, the technology is still in its infancy, but it matures alongside the adolescent voters it will one day advice and looks to be a key allotment of our aggregate future.”
How can the Emperor accomplish a absolutely autonomous society, area the voting basement enables anonymity, area the accessible participates in voting, with the assurances that one being has one vote, while the aftereffect is abiding and transparent? This is what the DateGrid Blockchain promises to accomplish with the XBOM operating system.
The one annual on DGB can authority IDs, National Driver License/IDs, passports, government amusing numbers. The alone character abstracts are a subset of the all-around UniqueID. A voting affidavit assigned to an alone will automatically accommodate the appropriate to casting a vote in the bounded election.
When voting seasons start, users can appeal their class:vote article to be instantiated aural the account. Once all accreditation are identified, the voting rights affidavit is added. If there are any missing elements in the certificates or added authorizations that are acclimated as the claimed identifier, the annual automatically looks up the “Account Article Containment Tree” to acquisition an instantiated article in the annual with the adapted allotment and abide with your appropriate to participate in your nation’s vote.
Everyone who is acceptable to vote based on their nation’s laws will now participate in the vote.
Anyone who do not accept the able accreditation will never accept the vote affidavit and will not participate in the process. The Emperor can blow assured that his crawling is legal, defended and trustworthy. The one abode blockchain cannot ensure accurate vote is with the alone themselves. Although it can be affirmed that it is the actuality voting via biometric checks, it cannot be affirmed that they accept not awash their vote or are actuality pressured by alien actors. To avoid this, a vote agitation button in the interface accredit users to acquaintance the bounded badge for assistance.
DGT Presale
The ERC-20 DGT clandestine presale will activate on 22nd January 2021, whereby the built-in DGT bill will be accessible for acquirement at an antecedent bulk of $.005. These tokens will alleviate in 3 months (91 days) afterwards the Liquidity Bootstrap Pool and will alpha the alleviate aeon already the advertisement is done on a decentralized exchange. There will be a 20% bonus for purchases of over 150 ETH, and 10% bonus on purchases starting at 80 ETH. The Community Presale has a 1/4 ETH minimum and 5% bonus, alpha January 22nd. This bulk will abate by 1% per day until January 26th. The auction has a $6m bendable cap and a $25m hardcap.
Solving real-world problems is why anybody got into blockchain. The DataGrid Blockchain will be able to actualize this new archetype for developers and consumers. Prasaga has set up DGBLabs.io for its Estonia-based badge alms and is administering its Community Presale from January 22nd to the 25th. The aggregation will again activate the Balancer Liquidity Bootstrap Pool on February 14th. So if you abatement in adulation with this activity you can adore a 96 hour LBP that is aggressive to bots and whales and lets bodies actuate the accurate bazaar price, afore ERC-20 DGB launches assimilate the accepted DeFi pools.
The claiming of the approaching is actuality accurate and accurate about what the Emperor is absolutely wearing, and not absolution the tailors baffle you. The absolute break-through happened for the Emperor back he accepted he had no clothes and the crowds could accept they had been assuming that the protocols could scale. Now you can appraise the DataGrid Blockchain and candidly appraise how it will actualize a new artist clothing of clothes for everyone.
To accompany the abutting archetype of blockchain, get whitelisted on the DGBLabs website today.
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