VDS, the Originator of Resonance Trade, has Made a Qualitative Change to BTC Through Value Binding

Lilialfahas94

New Member
Jul 19, 2019
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Centralized institutions are now playing a leading role in financial industry. And this imbalance has made it impossible for people to take care of their own property. We fight inflation by diversifying investment, but cannot fundamentally solve the problem of property privacy and security.

On January 3 2019, Bitcoin was created. It built up a new model of social trust based on blockchain technology and paved the way for humankind to defend personal privacy and truly command wealth.

But unfortunately, along with the development of decentralized finance, the penetration of centralization has become increasingly series. Through the control of exchange platforms and the backup and tracking of addresses, the advantage of Bitcoin’s anonymity has gradually weakened. Bitcoin, which has now become “transparent”, is more centralized controlled by a few.

VDS, a decentralized global currency representing privacy, freedom and wealth made its debut on the world stage on February 14, 2019, the romantic Valentine’s Day, which is also ten years, one month, and nine days after the birth of Bitcoin. Based on blockchain technology, VDS has made an organic binding with Bitcoin from the perspective of transaction circulation and usage, providing BTC players a new channel with high asset anonymity. Meanwhile, within VDS ecosystem, BTC has more application scenarios. This is no doubt a monumental event in the development of cryptocurrency industry.

VDS Resonance Trade, BTC users’ passage to Freedom

Through VDS’s Resonance Trade, the one-way cross-chain exchange, Bitcoin is converted into Vollar (circulating currency in VDS community) at a dynamic ratio. This has constituted an effective exchange relationship between BTC and VDS. Users convert their Bitcoin into Vollar through decentralized cross-chain exchange, this is transaction-based value-binding.

As we all know, the original intention of Bitcoin is to provide people a decentralized trading platform and reduce the impact of centralized institutions through peer-to-peer transaction.

At present, centralized institutions still hold an iron grip on the industry. Due to the dual pressure from both technical monitoring on addresses and policies, there’s no progress in BTC’s development. But now, BTC holders can regain their lost privacy freedom through the anonymous transaction method of VDS Resonance Trade and zero-knowledge proof. With the help of distributed decentralized transaction channels, we can absolutely keep hands-on control of our crypto assets.

The advent of VDS has solved the predicament of BTC, created a new world of free trading through technology and pattern design, and simultaneously maximized the value of both VDS and BTC. In the ecosystem of VDS, everyone is capable of setting up their own secret chat groups on the distributed anonymous network to create a decentralized OTC exchange. Or choose the trading group according to their own needs, pick up any type of wealth as the unit of settlement. Buyers and sellers trade independently through smart contracts on blockchain in a decentralized environment. This also effectively prevents the negative impact of centralized trading, because in VDS, everyone can be a decentralized exchange.

Bitcoin has value in defending user privacy and bringing up the concept of decentralization. VDS, through the unobstructed trading channel of Resonance Trade, has giving both sides more application space and scenarios on the basis of value binding.

VDS, a continuation of Bitcoin’s mission as peer-to-peer electronic cash system.

According to the title in whitepaper, Bitcoin is a peer-to-peer electronic cash system. However, due to the lack of specific plans for commercial development prospects, coupled with small block capacity and long block interval, Bitcoin has a low transaction speed, which makes it impossible to circulate as efficient as cash. Bitcoin seems more likely to be a better fit as digital gold. We have to admit that until now, Bitcoin has somehow run counter to its original intention.

However, a decade later, VDS takes on the mission from Bitcoin to circulate. Under the premise of value binding, VDS provides a fashioned business application scenarios: Through smart contracts, the implementation of benefit distribution will greatly improve the speed and validity of promotion, and make an accurate target on buyer and seller. In this business model, there’ll be large circulation demands to use Vollar as electronic cash, to connect to various points in the ecology and thus making the overall ecology more vibrant. The guarantee on Vollar’s ability to serve as cash flow is precisely its larger block capacity and shorter block interval. Meanwhile, we can speed up transaction rate to a new level through lightning network.

As digital gold, even though Bitcoin has not yet become a circulating electronic cash, it has implanted the model of decentralized, independent economy into people’s hearts, providing a chance to fighting against centralized institutions with decentralized finance. VDS’s dual wallet design maximizes ease of use. We can use both e-gold and e-cash in the same secured decentralized wallet. The address mapping technology leaves us the option to manage two types of assets with the same set of private key.

VDS integrates a trusted network of relationships in the decentralized financial model, coupled with applicable business and payment scenarios, Vollar is therefore an effective electronic cash and perfectly fused with BTC with each of their advantages. Each participant of VDS ecosystem can establish their own permanent cash flow from fission and super master nodes, and get additional BTC rewards from participating in Games while expanding Trust Stamp Network, and create their own personal wealth channel. Through the value binding, VDS and BTC work together to improve the crypto system, making this decentralized financial system full of vitality.

Conclusion

In modern financial system, people have always been regulated by centralized institutions. Utopia about the wealth freedom was merely a beautiful story before the advent of Bitcoin. Like a candlelight in the dark, Bitcoin lighted up people’s suppressed desire for freedom. Born on Bitcoin’s 10th anniversary, VDS is the most powerful in history and the best secretive decentralized business system. It has achieved the unrealized goals of Bitcoin and conducted value-binding with it in various aspects through cryptography and sophisticated logical design. With Resonance technology, VDS has opened arm to every Bitcoin user and built up a truly free, secretive and blissful decentralized garden of Eden.