SNTVT is an ERC20 ETH token which act as votes and an early access key to beta previews. We plan on working closely with early access users and providing a way for them to influence development even without knowing code. The token is also a great mechanism to get others involved in VIAT via the token swap process. An easy way to get exchanges on-board is providing an easy first step which is something they already support being ERC-20. We like to think of this as an amazing mechanism for on-boarding which can bring in thousands for beta testing and software improvement. It also adds incentives for bug hunting and development participation better than any other mechanism. Shortly after Sentivate’s Universal Web launches, development on VIAT will begin.
SNTVT will be swapped to Viat and will also be mineable by the ones who maintain the ecosystem.When the Viat swap occurs token holders will be able to convert 1000 SNTVT to 1 Viat.
An analogy to understand the swap goes like this. If a doctor prescribes you 1000 milligrams and decides later to instead write the script as 1 gram the value is the same only the measurement changed.
Viat is the native cryptocurrency for the Sentivate network, which has the opposite topology of the Universal Web and utilizes a hybrid blockchain. Viat is decentralized focus and enhanced by centralized components.
What is UDSP — https://medium.com/p/b13edca15bd3
Viat ties into UDSP packets, without getting too technical it’s in relation to congestion control mechanisms. An example of a congestion control mechanism today is captcha. However, congestion control happens at many levels from hardware to software. On Sentivate our main form of congestion control is, (if enabled by the server), a Proof of Work puzzle found in packets. The puzzle solving happens without you knowing it and it’s not always on. It depends on the end service to have packet puzzles turned on. By completing this Viat Proof of Work, you and the service can get a piece of the TX fee for the block you are validating. Keep in mind that this isn’t the main way to mine Viat it just so happens to be the case that Proof of Works are fantastic for use in protocol layer congestion control.
The main way to mine VIAT is via a full Node. You simply verify transactions and or smart contracts while running a full node and of course hosting the Viat hybrid blockchain.
Viat’s Proof of Work inside UDSP packets are excellent for congestion control purposes and are a passive form of mining. However, puzzles in UDSP packets are not always on. Packet puzzles are dynamically turned on/off by the service at any given point. Typically this packet puzzle is strictly for validating basis Viat transactions. The passive mining in the browser only happens when the service turns it on, it will never and we must stress it will NEVER be on by default. There will never be constant mining at any point in the browser like “Web 3.0” projects tend to do things. There is a very specific use cases for the packet puzzles: congestion control, connection liveliness testing, and DDOS protection. Packet puzzles are turned on by the service and it’s up to them to turn it on and off.
A portion of sent Viat is used for computational fees that go to miners in addition to what you are sending in any given transaction or smart contract.
Viat has a dynamic proof of work. Which can be subject to change at any time, none the less there will always be a standard Proof of Work. An example of the Dynamic Proof of Work side is donating some computational power to solve a certain issue. Some issues could be looking for earth like planets or for finding larger prime numbers. The second Proof of Work isn’t always on so it’s rational to assume that most of the time a standard proof of work will be solved.
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