VName

VName - Decentralized Address Verification System

Introduction

The new thoughts are coming each day. Individuals need to put resources into the new tasks. We have the greatest instrument on the planet, and it is known as the Internet. The web is a colossal base of data where we can do anything. Web has associated the whole world. One of these activities is VName, it works by securing a customer's designation, and likewise what blockchain arrange their address has a place with, and if the moniker is checked, in a mapping that is gotten to by their address.

VNAME

VName works by securing a customer's sobriquet, and what's more what blockchain organize their address has a place with, and if the moniker is checked, in a mapping that is gotten to by their address. It is worked in a path with the objective that you can simply know the designation of some person if you have their address, likewise, not the an alternate way. The closest reference to an appellation's connected address is a hash of the address set away with the designation, which is solely used to check the address on a moniker from outside of the mapping, and can not the scarcest piece be come back to an address. This is normal with the objective that VName can be used to affirm that a deliver has a place with some person, anyway foresees having the ability to switch question an address by using a sobriquet.

HOW DOES VNAME WORK?

In straightforward words, VName works by coordinating a client's blockchain deliver to an epithet. A client inputs the goal address of the exchange and our assistant content distinguishes this information and naturally demonstrates the comparing moniker. The client can, with no adjustment of their present method for executing, rapidly check that the collector of the exchange is to be sure who was proposed to. This picture15 is only a basic show on how VName would coordinate with existing destinations (e.g. trades, wallets). Data and introduction will likely differ.

While contributing the address, VName content will consequently distinguish the sort of blockchain it has a place with and what is the coordinating moniker. Showing this data plain content with an alternative to stretch out for more data. This will work for each site that imports our JavaScript. Program expansions are in progress, which will expel the need of a specific site bringing in our vname.js and will naturally recognize any address on destinations went to and show the comparing data. Data will contain: 1.Nickname for that address.

In the event that this epithet is confirmed or not

The address itself.

A discretionary portrayal for this address

Other data may be included the not so distant future.

The achievement of this stage has additionally realized the event of other crypto stages and exchangers. The immense stages has likewise realized advancement of extraordinary speculations where by financial specialists drop by to contribute by means of crytocurrency for the worthiness of such ventures. The ventures which work by means of the considerable blockchain innovation realizes more speculators and people, which implies the innovation is generally adequate in light of the fact that individuals are promptly tolerating the innovation achieving gigantic about of exchange on day by day fundamentals. Each speculator or individual on the blockchain works by means of a wallet where he or she has secure its resources for have the capacity to complete exchange process. Wallets contrast from each other, a bitcoin wallet varies from an ethereum wallet et cetera however they are altogether comprised of unscrambled passwords people input while making them. The watchword is encoded into numbers and letter both in upper and lower case. For instance the ethereum address is comprised of forty two character. Any slip-up in any of this characters while influencing an exchange to will prompt the loss of such exchange and resource included. The exchange is parcels to various elements.

· It's either lost to an address that hasn't been made.

· It has been exchanges to an alternate sort of wallet that can't get such exchange.

· The exchange going the wrong person which likewise implies loss of what's associated with the exchange.

THE VNAME SOLUTION

To manage these issues I featured above there is requirement for a framework that encourages the present exchange system. This ought to be straightforward means which must be simple for people utilizing it and mustn't convolute the client protection for quick and secure exchange implies.

Each individual is utilized to the way toward having an epithet or it can be additionally called username. The VName with its extraordinary group approaches this procedure of doling out a wallet deliver to a particular moniker. The wallet is deliver to the epithet on the VName decentralized stage there by the client can do exchange without muddling past means he or she approached doing it. The way toward doling out the address makes the exchange secure, expedient and straightforward.

The stage gives two kinds of confirmation choices

Checked

Unsubstantiated

Unsubstantiated are free usernames and must be six-character long. They are available to one or different clients to utilize it.

Confirmed are not free and are constrained to one client as it were. Epithets can't be shared between two people once it has been paid for through the VName token and its length between one to five characters.

There are additionally accessible free alternatives for people who need a moniker yet are not made a big deal about others utilizing same epithet.

NAME TOKEN

The NAME token convention based off the ERC-20 and ERC-223 standard called COALITE, This convention enables the client to call the exchange work for NAME and send the satisfactory measure of tokens to the VName contract, which at that point acknowledges the sent tokens and confirms the moniker just if the perfect sum was sent.

If an erroneous sum is sent, the VName contract will return the exchange keeping the tokens from being removed from the client's adjust.

The buy for checked epithet will be done by means of the utilization of VName tokens under the NAME code. Speculators are educated that this financing instrument DAICO, will be the supplement of the one effectively utilized where 10% of NAME were procured by private financial specialists.

The issuance of tokens will be of NAME 300,000,000 that will be divided:

· 10% was acquired by private investors.

· 10% in incentives to generate strategic alliances with the blockchain wallets and exchanges.

· 10% will remain in the hands of the founders of VNAME.

· 5% will be used for bounty programs.

· 3% destined to advisors.

· 62% destined to the DAICO.

VName decentralized technology will bring low transaction risk estimating the potential market because of the rapid increase of acceptability of the new era transformation globally. Transaction must take place with these various address on various exchanger platforms with tokens which also varies too.

NAME DISTRIBUTION

A Soft Capital of NAME 60,000,000 must be achieved, reaching the equivalent as the total sale of the Pre-Sale. When investing in VName, the investment made by the token holders will be used for business development. After identifying the main areas that will make up the business and estimating their budget, the token holders are informed that the use of their investment.

DESTINATION OF FINANCING

The business is evaluated from a holistic perspective making the VNAME team considers the global success is associated to the different angles of the business, for which the budgets were evaluated independently. The financing model contains the main benefits of its predecessors, the DAOs (Decentralized Autonomous Organizations) and the ICO (Initial Coin Offering). The model was proposed by the founder of Ethereum with the aim of obtaining a less risky financing for investors in a decentralized manner. The DAICO format allows token holders to control the withdrawal of funds, while also allowing to close the project in case the team fails in the development, realization or execution of this.

The DAICO consists of three primary phases:

· Announcement phase

· Investment phase

· Development phase

Principle DAICO FEATURES

The principle purposes of the DAICO safeguarded by the Intelligent Contract will be the accompanying:

· Tap will at first be settled to 100,000 gwei/sec. Which is equivalent to 0.0001 eth/sec. This sets a week after week utmost of withdrawal to around 60 eth/week. These withdrawals will be to ensure the task and change of VName.

· on the off chance that an expansion in as far as possible is important, said increment will be submitted to a vote where all the NAME holders will take an interest. The framework will be through a straightforward lion's share.

· To make a withdrawal restrict increment survey, no less than 15 days since the last survey must slip by.

· To diminish the danger of voting misrepresentation, every token holder that has voted will get their tokens solidified 1 hour before to 1 hour in the wake of voting wraps up.

· The date and length of surveys will be declared no less than 48 hours ahead of time, else, they can't be made.

· The withdrawal survey will be viewed as substantial if at least 20% of the holders of NAME takes an interest.

· The undertaking conclusion survey will be viewed as legitimate if at least 70% of the holders of NAME takes an interest

VName group is the main party ready to make withdrawal constrain surveys. Any token holder can make a survey for dissolving the organization. For this situation of conclusion, the assets will be sent to the records of the token holders in view of their support.

The DAICO savvy contract utilizes a Poll Factory Smart Contract to make Drafts and Polls.

Arrangements THE PLATFORM OFFERS

• Identify an issue and work on the arrangement

• VName venture approval

• Functional Demo on Ropsten Network

• Exchanges' posting assentions

• Worked on trades utilizing VNAME API assention

• DAICO, surveys and voting research and whitepaper.

ROADMAP

Day Zero — March 14, 2018

• Website launch

• BitcoinTalk post

• VName Whitepaper v1.0 upload

The future

• Q2 2018:

• DAICO begins

• Public API (JavaScript)

• Voting polls and standard whitepaper

• VNAME browser extension.

• Exchange Listing

• Q3 2018:

· Verified nicknames market

· Integration with several wallets and exchanges

· Implementation of addresses verification in different blockchains/ cryptocurrencies

· Integration with ENS for automatic purchase.

• Q4 2018:

• Adding additional data to nick registration (color, bold, font, and more).

• Regular work to add compatibility to more cryptocurrency blockchains.

• Migration of VName to its own blockchain network.

Dear readers lets join the moving train by investing in this great platform to elimate transaction risk form our daily activity so we can enjoy optimum service all at our finger tips under this decentralized VName technology.

TEAM

FEDERICO SENDRA: CEO

JUAN SOBRAL: CTO

ANDRES TUGENTMAN: MANAGER

ILAN GARCIA: BLOCKCHAIN DEVELOPER

FLORENCIA PEREIRA: FULL STACK DEVELOPER

SEBASTIAN PUGLIESE: HEAD OF DIGITAL MARKETING

GABRIEL OLTARZ: LEGAL AND OPERATIONS

LAURA GALAVIZ: ADVISOR

For more information,please visit:

Website:https://vname.id/

Whitepaper: http://res.cloudinary.com/dycyv4j3c/image/upload/v1520967264/VName_Whitepaper_v1.0.pdf