Introduction to the VDS Blockchain Project VDS is an open and private Internet. It has the ability to develop an independent browser. Each VDS address can be used as an anonymous IP address.
In this open privacy network, all today's centralized Internet applications can be transplanted, and ultimately through the joint efforts of the community, a new decentralized and free Internet ecosystem will be created.
*** Vibrating transactions, trust stamp network, competition system, network-wide information broadcast, secret chat, anonymous transactions, smart contracts, distributed OTC transactions, super master nodes, lucky draws, and unique smart contract design-chain business contract
Etc., various functions echo, circulate, and balance each other, forming a powerful operating structure in the early stage of VDS. The internal financial balance, community promotion, business docking, value precipitation, and network expansion of VDS completely subvert the concept of centralized thinking.
Knowledge concept.
Project Milestones 2016.8 The decentralized finance promotion group was established 2016.10 The direction of the decentralized full-ecological future currency network plan was formulated 2016.11 The product concept and logic were initially built 2017.1 The underlying architecture development was started 2017.8 Product function upgrade 2018.1 The technical framework underlying architecture was completed 2018.6 Decentralization**
* The full-ecological future currency network plan of the society is confirmed. 2018.7 The project is officially named V-Dimension-VDS. 2018.11 VDS development is completed and final testing is carried out. 2019.1.24? The project and project white paper are officially released. 2019.2.14? VDS is online, ICEX and Genesis Season.
***What is Vollar? Vollar is the name of the basic circulation unit in the VDS ecosystem and its only commercial and financial delivery medium.
In addition to being used for account records and payments, Vollar can also activate VID, bid for VAD advertising spaces, incentivize the operation of master nodes (to ensure the stability of the network), and run smart contracts within the system.
Distribution of 100 million public pre-mining: Note 1: After VDS takes a snapshot of the BTC chain at block 558,000, BTC users can import their private keys into their wallets at any time in the future to receive Vollar.
2: At the block height snapshot of 558,000, if a certain BTC private key holds 10 Bitcoin, then the VDS main chain will receive 10 Vollar after it is launched.
If there is any change in the number of Bitcoins under the private key after the end of the 558,000 block snapshot, the private key on the VDS main chain will still receive an airdrop allocation of 10 Vollar.
In other words, an empty Bitcoin private key can also be used to claim the corresponding amount of Vollar on the VDS chain. 3: Since VDS and BTC use the same private key mechanism, after importing the BTC private key into the VDS wallet, it will be automatically converted.
is the corresponding VDS address, and the Vollar corresponding to the 1:1 airdrop will be directly displayed in the VDS address.
***Volatile Transaction ***Volatile Transaction is a one-way exchange of Bitcoin for Vollar.
By using the same elliptic curve algorithm, BTC and VDS can use the same private key, and obtain the respective public keys of BTC and VDS through base58check encoding.
After Bitcoin is exchanged for Vollar, the VDS address under the same private key will receive the exchanged Vollar.
This design enables the exchange of Bitcoin for Vollar with complete anonymity and decentralization.
In VDS, the regular phase of the exchange transaction is called CEX, which means that the currency can be exchanged permanently, where X represents an infinite loop.
The following content explains the regular stages of vibratory trading, explaining the operating principles and trading methods in detail.
Vollar transaction method 1. Create a VDS wallet private key, switch to the BTC wallet, obtain the BTC public key, transfer Bitcoin to the address, and then initiate a one-way Bitcoin to Vollar transaction through the VDS wallet's volatile transaction function.
exchange.
2. Directly import the BTC private key into the VDS wallet, and initiate a one-way shock transaction from Bitcoin to Vollar through the shock transaction function of the VDS wallet.
As shown in the figure below: In the ***vibration V pool, in the ***vibration transaction, Bitcoin conducts one-way exchange with Vollar according to the dynamic ratio in the ***vibration V pool. The calculation model of the ratio of Bitcoin to Vollar is called *
**Zhen V pool.
***Vibration V pool structure: A．
***The vibration V pool is in the shape of an inverted triangle and is composed of infinite levels of different proportions.