VANTA — The Intelligent Network Platform

Lutfi Hasan07
4 min readFeb 2, 2019

VANTA Network

VANTA is looking to build an intelligent network for real-time networking, which enables individuals and companies to quickly develop services that can efficiently transmit and process real-time data, as well as commercialize the services at low cost without additional infrastructure. As a result, creative services will be provided and integrated within the VANTA ecosystem, and VANTA blockchain will be a practical blockchain that will greatly contribute to improving the daily lives of individuals and operations of enterprise businesses.

VANTA aims to be the World’s first decentralized network that enables fast and low cost development and operation of scalable services that provide infinite connectivity.

In VANTA, participating nodes will compete to contribute to connect, transmit and process data in real-time on the network, which will provide a low-cost and highly available intelligent network. By combining this competitive system with verifiable randomness, VANTA will feature a consensus algorithm that will increase scalability and efficiency.

The Intelligent Network Platform

VANTA’s intelligent network is a decentralized network that performs real-time transmission, processing, and storage of data. It is comprised of intelligent nodes that select, collaborate, and evaluate each other. All the nodes in the network participate in real-time communication work competition based on their computing power, network bandwidth, memory, reliability and contribution. And the nodes that have successfully proved their work can participate in block generation. This process gradually evolves the scalability, reliability and efficiency of the network.

Network Framework

The VANTA Networking Framework is a low-level, non-blockchain, networking framework that delivers the networking performance for real-time communication while securing data against malicious attacks. Built on the PGP encryption standard and inspired by Namecoin’s decentralized namespaces model, this framework provides a rock-solid foundation for VANTA applications. Additionally, authentication and communication channel algorithms based on zero-knowledge proof enables secure data syncing and integration across multiple devices.

WHY VANTA ?

The need for real-time connectivity between people or devices is increasing exponentially. A decentralized network that allows infinite connectivity with a guarantee of privacy is indispensable.

VANTA will aim to provide solutions to our everyday problems. It will be optimized for real-time data transmissions to provide infinite connectivity among all people, devices and information, creating a variety of new opportunities for businesses.

Benefit

  • For developers : Develop and operate a real-time communication service that is scalable, reliable, and highly secure at low cost.
  • For users: Use various high-quality services free or almost free of charge without worrying about privacy.
  • For organizations: Build a blockchain-based telecommunication network between different organizations.

Problem & Solution

VANTA Network aims to create a decentralized and secure blockchain layer for real-time networking and communication. Real-time networking technology covers a wide range of areas:

Messaging, file transfer, voice and video call development (all the features of modern messengers — Telegram, WhatsApp, Viber, Kakao etc);

Large-scale real-time video streaming (YouTube Live, Livestream, Periscope, Twitch etc);

Transmitting and processing various real-time data collected from IoT sensors.

VANTA Network will allow developers and external parties to deploy apps on VANTA’s blockchain infrastructure using API and SDK.

ROADMAP

According to the roadmap, VANTA testnet is planned to be released in Q2 2019 and mainnet is scheduled for Q3 2019.

VANTA is planning to conduct an Initial Exchange Offering (IEO) instead of the common Initial Coin Offering (ICO).

The IEO date is currently TBA.

VANTA TOKEN

VANTA token has a utility and stake usage. Developers must stake VNT tokens to run their services on VANTA. Depending on the developers and their policies, participants/users may be required to stake VNT tokens as well.

Tokenomics is solid and reasonable.

Hardcap: $15M for 35% of tokens:

  • Private sale bonus of 15% is locked for two months.

50% of purchased tokens will have no lock-up, the remaining 50% of purchased tokens will be subject for a one-month lock-up.

10% of tokens that are allocated to the Team and Founders are locked for 2 years.

The 5% of Advisor and Early Supporter tokens are locked for 1 year.

VANTA TEAM & ADVISERS

More details about the project:

Website: https://vanta.network/

Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf

Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5095100

Facebook: https://www.facebook.com/vantanetwork/

Twitter: https://twitter.com/vantanetwork

Telegram: https://t.me/vantanetwork

Author:

MY BITCONTALK LINK : https://bitcointalk.org/index.php?action=profile;u=1290159

USERNAME BTT : lutfi-hasan

MY ETHERWALLET : 0xD82B15Dd52A30F95Fe651e8303981caf44A89b63

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