CAVADA
ABOUT CAVADA
Demand for decentralized applications operating on smart contract platforms is soaring due to the entry of users who were not previously interested in cryptocurrency into the space via use cases such as AMMs, DeFi, NFTs, and games. Nevertheless, the existing smart contract platforms exhibit deficiencies in both scalability and decentralization. Insufficient scalability results in sluggish transaction processing and increased transaction fees, which negatively impacts the user experience. While the absence of decentralization may not be immediately perceived negatively, it exposes all users to the possibility of a catastrophic event in the future, should that deficiency be exploited. Cavada is a smart contract platform that is compatible with Tron Virtual Machines (TVM) and Ethereum Virtual Machines (EVM). Its design enables linear scalability while preserving genuine decentralization and robust security by partitioning the network nodes into smaller groups. implements burden distribution and parallel processing. It also enables horizontal scalability of the platform through the addition of additional nodes to boost throughput.
An increased quantity of nodes in a network corresponds to a greater level of decentralization. In addition to linear scaling, node rotation, load detection, and auto-scaling, Cavada integrates numerous distinctive functionalities to provide the optimal user experience and ensure the enduring viability of any layer-one smart contract platform. With the goal of encouraging ecosystem projects to develop novel applications for the Cavada platform and to migrate well-known applications from other platforms, the Cavada project aims to provide incentives for such endeavors. Incentives for the development of layer-two solutions that further enhance transaction throughput and establish decentralized bridges for asset transmission between Cavada and other networks will also be offered by the ecosystem.
Our intended targets are:
By implementing layer solutions, scalability issues in blockchain technology can be resolved.
Improve the UX/UI for widespread adoption while ensuring exceptional scalability and security.
Construct a platform for applications for the DApp developers in Cavada.
Facilitating asset interoperability through DEXs.
Our unique selling proposition is a quicker block time, which is because it operates on DPOS. In contrast to POW, which necessitates substantial energy and resource consumption and provides a relatively sluggish block time, POS, a consensus algorithm known for its high scalability, expedites and improves block time.
Cavada expedites transactions by eliminating the need to await confirmation for several minutes. It is compatible with any network that possesses a flexible, readily configurable, and minimally error-prone modular internal architecture.
Due to the fact that it operates on DPOS, where validators are also the stakers, it is exceptionally secure. It is an extraordinarily scalable blockchain network that facilitates communication between multiple distinct blockchains via interoperability.
A Market Circumstance
Bitcoin and ETH are Cavada’s most significant competitors, but they also have a few weaknesses in which Cavada is fully equipped to dominate that market.
Elevated Electricity Consumption
The primary and most significant challenge encountered by both Bitcoin and ETH is their substantial electricity consumption. The information that these cryptocurrencies are enormous consumers of electricity, which significantly increases the ultimate price, is obvious to anyone who is even remotely knowledgeable about them. This is the primary and most important reason why individuals are attempting to avoid these cryptocurrencies.
Increased transaction costs
An increase in energy costs invariably results in a corresponding one-way flow of additional expenses. These two cryptocurrencies have significantly higher transaction fees, which frequently causes individuals to be extremely wary of conducting transactions. There has been considerable public outcry regarding the exorbitant transaction fees associated with these platforms.
Compared to these other cryptocurrencies, Cavada’s transaction fees are significantly lower, which will hardly impede users’ ability to conduct transactions on the platform. You will never be compelled to reconsider a transaction based on the amount of transaction fees associated with a payment or any other type of transaction you desire to conduct.(vishingly between 0.01% and 0.02%)
Absence of links to external networks
Cavada has a significantly greater advantage over these two industry titans in terms of connectivity to external networks. It is self-evident and has not been widely discussed that neither Bitcoin nor ETH support connecting to other networks; this fact is not hidden. It is not possible to conduct business or conduct transactions using a second or third blockchain system, which severely restricts the user.
This is the spot where Cavada proudly stands erect. As previously stated, Cavada facilitates its users’ ability to establish connections with external networks for the purpose of conducting transactions or achieving other objectives. Contrary to this, this feature is accompanied by significantly enhanced security measures that ensure the safety of individuals’ assets. One platform provides access to all other networks on the Cavada network, thereby facilitating time and cost savings.
FEATURES
High scalability, minimal transaction costs
Decentralized apps will persist. The next challenge is scaling.
Cavada is a blockchain scalability breakthrough that can accommodate the biggest applications.
Strong security
PoS with slashing. Standby nodes, rotation, and permissionless participation improve network security.
Integrating Keccak-256 hashing to boost blockchain security
High fairness, auto-scaling
To maintain cheap gas prices, Cavada will autoscale depending on network demand. To eliminate MEV and assure fairness, the network will execute transactions FFS.
Easy node operation
In addition to linear scalability, Cavada will offload old data to archive nodes. Low hardware requirements for network nodes. GUI lets non-technical users operate nodes.
Truly interoperable
Cavada offers complete interoperability. It enables active blockchain protocol communication. Thus, multiple chains may communicate and exchange data, making it simpler to utilize diverse blockchain networks.
User-led governance
Blockchain governance incorporates norms, culture, laws, regulations, people, and organizations. Cavada provides user-driven blockchain governance with decentralization, accessibility, equitability and interest management.
Very energy-efficient
Blockchain business networks employ an immutable ledger shared by all authorized users. This increases trust, security, transparency, and traceability of all corporate network data. You achieve great energy efficiency. offering cost savings
Designed to involve
Cavada can grow with developers and consumers because to its interoperability and language compatibility.
The modular Cavada technology stack may use new technologies to enhance as controlled by the community.
Cavada is carbon neutral and uses innovative methods such as proof of stake to minimize environmental effect.
Cavada Foundation promotes carbon neutrality and energy-efficient digital assets.
Phase of IEO or IDE Token Sales and Specification of Information Name of the token: CAVADA
Noteworthy Token: CAVADA
Supply in its entirety: 9,000,000,000 CAVADA (pre-mined).
Blockchain: Tron, Ethereum, and Binance
Token Standards: ERC20, BEP20, and TRC20
Cavada Distribution of Tokens
30% of tokens allocated for pre-seed, private, venture capital, and investor sales.
20% of tokens reserved for public and IEO sale
A 15% allocation of tokens to a development and administration team
15% of tokens to supporters of the foundation
10% of tokens allocated to the marketing campaign and ecosystem airdrop
10% of tokens allocated for market-making and liquidity pool
ROAD MAP
A three-year plan guides the Cavada Foundation. Comprised of an assortment of dapps and platforms.
The Procedures
Invite venture capitalists and investors to contribute to the development and expansion of the token and launch a public initial coin offering (IEO).
Commence blockchain ecosystem layout and architecture development for further progress.
Commence community enhancement efforts and disseminate knowledge regarding cavada.
The community will be initiated in its development via a variety of bounty programs, campaigns, and events, which will focus on its future, technology, and solution-solving capabilities.
Multinational formation of legal entities
commence development of infrastructure, beginning with a hybrid exchange and blockchain, in order to increase the brand’s market value and marketing promotion, as well as to distribute an increasing number of tokens to the general public.
We intend to commence development of the DAO beta testnet for our infrastructure by mid-2025.
DevEx and decentralized finance platform development and launch
Extend invitations to numerous dynamic platforms within the Cavada ecosystem.
Focus on the growth and development of our ecosystem as they create and introduce products utilizing our protocol.
To collaborate on a practical solution and expand into additional platforms
The following schedules are provisional and susceptible to modification in light of coding and testing completion, as well as other pertinent considerations, in order to guarantee the most efficient achievement of our objective.
FOR MORE INFORMATION VISIT:
WEBSITE: https://cavada.org/
WHITEPAPER: https://cavada.gitbook.io/cavada-whitepaper/
TELEGRAM: https://t.me/cavadachat
TWITTER: https://twitter.com/cavadadao
DISCORD: https://discord.com/invite/EWA88ydg
FACEBOOK: https://www.facebook.com/cavadadao
INSTAGRAM: https://www.instagram.com/cavadadao
AUTHOR:
Bitcointalk Username: CutsieWootsie
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3576216
Wallet Address: 0x74168de1e695c457894ef1ed6bffdd5f0fd2c942
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