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Grabity [GBT]

ENDED: July 31, 2019

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Description

Anyone can share computer resources through already-possessed idle devices such as smartphones, tablets or PCS, and will be able to contribute in building public Blockchain and transform the Internet paradigm from a centralized system to a distributed network.Grabity is a public Blockchain project, for the transformation of the Internet paradigm from ...Read More


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Executive Summary

The Orbits Network is Grabity's decentralized main net that draws 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.
Network layer: P2P-based overlay network. Verify and then propagate the transactions between nodes through the layer. The principal is to make the most use of basic network bandwidth.Data Layer: Blockchain data structure and physical storage space. Includes Merkle Tree, Hash Function, Data Block, digital sign and etc. that store blocks and DApp files containing the transaction history.Consensus Layer: Node that generates a transaction directly verifies its own transaction, and the transaction that has been verified by a majority of certain nearby nodes is generated as a block. This is distributed to other nodes, and if there are any nodes that are determined to be malicious attacks, the transaction details are initialized and synchronized to the verified transaction details.Application Layer: Provide the application interface on top of the Blockchain. Smart Contracts, virtual machines,DApp, etc. are included and directly linked between the data users.Management Layer: Toolkit and SDK are provided to form the development of the ecosystem and located the 3rd Party.Supernode: Node that possesses all transaction details and resource files. Supernode guarantees data integrity synchronizes the micro-node and the macro node and sends hash codes to the micro-node and the macro node to determine whether the file is forged or falsified when accessing the Smart Contract.
Macro node: Node that participates in Orbits Network to obtain GBT. Macro node processes and verifies other node’s transactions, and stores and provides source files.
Micro-node: Node that shares transaction history and simultaneously processes and verify its own transactions and others' transactions.



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Whitelist and KYC

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Timeline

Pre-Sale Starts

1st May 2019

The ICO/Token/Coin pre sale opens

Happened: 5 Years, 6 Months, 21 Days ago

Pre Sale Ends

31st May 2019

The ICO/Token/Coin pre sale closes

Happened: 5 Years, 5 Months, 22 Days ago

Sale Starts

1st July 2019

The ICO/Token/Coin sale opens

Happened: 5 Years, 4 Months, 21 Days ago

Sale Ends

31st July 2019

The ICO/Token/Coin sale closes

Happened: 5 Years, 3 Months, 22 Days ago

TODAY

22nd November 2024

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Financial Information


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