The global networking industry is growing fast. Some of the factors responsible for the massive growth are the growing mobile workforce, expanding the application, increasing virtualization. We live in a digital world and the need for real-time networking can't be possibly over-emphasized. For the sake of non-tech individuals reading this article, Let me quickly give quick examples and use of real-time networking that you can relate with.
When you do video calls or live video streaming of any kind, data are sent in real-time. Chatting on social media, watching a football match, playing a video game on your device, booking a flight, making phone calls etc. The list is endless. With the massive IOT industry that's still at his early stages, more strain is constantly been put on real-time networking platforms.
IOT represents the Internet of things, it is a technological concept of giving everything the ability to send and receive data on a real-time basis. The good news is it will lead to smarter devices and things, but criteria issues about data security and privacy, the high cost of using real-time networking services by developers, trust regarding data storage and transfer etc, are some of the issues left unsolved.
These problems listed above brings us to the substance of this article. They are a blockchain platform known as Vanta been developed to solve these and other problems of centralized real-time computing platforms.
VANTA
Vanta is a decentralized real-time networking platform built to provide data transmission, storage and other real-time networking services at lower cost with better security, privacy and in a trustless environment.
Many companies that would want to use centralized real-time processing platforms can't do so because of the cost involved. This cost increases as you continue using their services, worst still, they reserve the right to change their policies and increase the cost of their services thus possibly affecting the operations of business and companies involved.
On Vanta however, you don't pay a dine. All that is needed is staking a particular amount of the Vanta token, that is required to handle the workload and throughout of all your activities. This process is even easier and more flexible for developers as they have the option of making their clients stake the number of tokens needed for their workload. Tokens can be un-staked at wish when Vanta services no longer needed.
On the Vanta network, data is encrypted and are sent on a peer to peer basis. Vanta is not vulnerable to security bridges. This is very important considering that data is gold of the 21st century and with the present technological evolution like IOT, data emitted by things around you should be safe at all times.
HOW CONSENSUS IS ACHIEVED ON VANTA
Vanta deals with data on a real-time basis. Popular consensus algorithm like proof of work and proof of stake used in various blockchain are unsuitable for Vanta. This is why the Vanta used the proof of networking protocol. Proof of Networking is an algorithm that mandates each node that has contributed competitively for
live data communication, processing and storage to prove their workload and use that proof data
when participating in a consensus around. More details on how this protocol work is whitepaper below.
Reach VANTA through our official channels:
Telegram: https://t.me/vanta_network
Twitter: https://twitter.com/vantanetwork
LinkedIn: https://www.linkedin.com/company/vantanetwork
Facebook: hhttps://www.facebook.com/vantanetwork
WRITER : OGHENEJIVWE
Btt: https://bitcointalk.org/index.php?action=profile;u=1718700