From EOS Root to Stablecoin rail with Virgopai

Vaunt, earlier known as EOS, exits its past with a renovated focus on practical finances and compliance – first block infrastructure.

Network A recent partner With Digital Platform Asset Virgocks to start Virgopai, cross-border remittance application that uses stablecoins to reduce fees and accelerate transactions. With a vaunt that serves as a default setting layer, Virgopai aims to deliver almost-current payments over jurisdictions, starting from the market like the US, USA, Canada, Brazil and Hong Kong.

In this K & A, we talked to Ives La Rose, the founder and the director Vouches about how his architecture, management also builds financial tools, apart from previous iterations and today’s competition.

1. VAUCTA is REBERD EOS, a network criticized long ago for issuing editions and management issues. What are the specific changes made in management or consensus to avoid repeating the same flaws?

The two main early EOS objections were really:

The EOS constitutely sought to prohibit the purchase of votes on social pressure, however, to execute the chain is incomprehensible. The payment of their income’s share on their nerves became accepted by time as normal for validators.

It is ironic that EOS mostly distracted too many decentralization in decision-making, so stopping development. Huge projects were sent without the “central coordinator” or a united basis.

What then sets Vaucta unique?

The ecosystem founded the EOS network Foundation (ENF). The ecosystem founded as a plan of growth and unification. This “centralizing force for good” now distributes resources for communities according to technical development, marketers and infrastructure, closing gaps previously distracted earlier EOS EOS progress previously.

Spring Hard Fork and New Consensus:

In addition to rebranding for Vauca, the community also accepted the consensus model of the next generation that further distributes basic algorithms, thus decentralize them further. This change corresponds to previous management issues:

The distribution of validation roles among the larger spectrum of participants to reduce the probability that small clicks will have too much influence.

Although the Foundation and Community may propose changes to code, the votes of the token owner finally decides.

Although most attachment now follows the practice with validators reward their nine, combination of ENF (now Vauntla Foundation), more advanced chain technologies, and the active haven in the toker helps in a better state of necessary coordination.

2. Virgopai relies strongly on USDC and USDT. What is your plan if stablecoin is deposited or frozen? Are users exposed to systemic risks related to Stablecoin publishers?

Although Vaunta itself does not build Virgopai, it depends on Vouche as a default settlement layer. It is said, each platform used by centralized stablecoins launches the same macro-covering or freezing address. Among the main mitigating techniques are:

Vaucea people support Tether (USDT) and via our city layer Bitcoin (Exsat), also supports USDC. This gives flexibility; Whether a Stablecoin would have problems, Virgopai app developers – can change quickly to replacements.

Applications can use automated triggers if Stablecoin’s PEG deviates outside of reasonable flow stops or replacing users in safer assets – because transactions and prices are transparent to the chain.

If users lose faith in certain issuers, they can choose to keep other digital property at vauctan or even keep several stablecoins.

No Blockcack can completely remove the risk otherwise connected to external stable publishers. But Vauce’s open architecture, several choices of stablecoins and a strong tool for monitoring the chain help to pay a solution like Virgopai to handle and reduce the possible fall.

3. When we talk about it, are stablechoins who are peoples issued on vacation or bridge? If bridged, how are the funds secured and revised? What prevents that from becoming another vulnerability of cross crosses?

Vaucea offers a gender and bridged abilities of stablecoin:

USDT, MATERIAL LEVEL: TETHER LIMITED Original deploys the USD in accordance with other main blocks, therefore treats the network. Tether is issued directly from Vaucea.

Using the bridging solution via Exsat, our electronic layer Bitcoin, USDC via Ext unlocks liquidity in the transverse chain from Bitcoin and other chains on the vaunt. This approach provides a robust security policy and expand Vaucte’s options of Stablecoin.

How are these bridges revised and secure?

The leading security firms of third parties BlocCchain carefully review and audit smart contracts and bridge systems themselves.

In real time in real-time, locked collateral and co-played tokens have a community check that everything fits. Should insecurity come into light, our administration on the chain allows the bridging contracts to replace or change without stopping the entire network.

With careful audits, open evidence and management structure capable of quick reaction should surface vulnerabilities, Vaul’s bridging architecture basically seeks to reduce the risk of cross-chain.

4. You are running in Canada, Argentina and Brazil – all they have strict rules on crypto and stablecoins. How does it provide you with respect in every market and what happens if regulators crash?

Vaucea itself is allowed, global network; Compliance becomes a question of local to ramps and applications arranged at the ATOP. Virgopai, for example, must adhere to the guidelines of KIC, AML and national licensing specific to each country.

Virgo is already registered as MSB in Canada. Legal criteria (such as transaction or beneficiary reporting) will be met with local financial institutions or pay providers in 6 jurisdictions working in the US, Hong Kong, Canada, Argentina, Brazil and Australia.

It usually starts in smaller pilot projects, transition to jurisdiction helps ensure local compliance. The authorities should be tightened by the rules, the relevant front-like front or can change or suspend certain services in that competence. On a global scale, the basic lax chain still works without any changes.

Stirting possible benefits for remittances, financial involvement and cost savings, Vaucea Foundation and related stakeholders actively communicate with legislators to clarify how Vaucla is distributed infrastructure infrastructure.

Each local partner can negotiate a legal environment by controlling compliance at the application level, preserving the license without the character of Vaucea Protocol.

5. As a tracking, the Virgoiva experience of remittances outside Canada seems limited. Do they have permits, partners and infrastructure on a scale of global place or is it all riding on crypto-only rails?

The quick response is really that, they have permissions, partners and infrastructure on the scale globally. What has been announced is only phase and deployment, while phase II and wider will expand into several regions and jurisdictions.

Virgopai plans to establish or partners with licensed companies in every new market. This is not unusual; Other cross-border pay providers also depend on local links for Arat / Off Ramps to turn on / off.

Infrastructure beyond “CRIPTO”: Although the vouchette layer for settlement, local bank or PSP often allow direct channels for deposit / withdrawal of fiat / withdrawal in each competence, increasing user experience. This guarantees actual usefulness instead of only crypto-cryptocurnent exchange.

Starting solutions for remittances in several countries is always step by step, globally scalable over time. Starting us, Hong Kong, Canada, Argentina, Brazil and Australia, Virgopai can hone their approach, follow local regulations, and then develop much more like licenses and alliances.

6. Ripple and Stellar are already dominated by cross-border payment of stablecoins with deep partnerships. What does Virgopai edge give and what prevents you from copying existing crib?

Ripple and starry each have their integrated Ledge; Meanwhile, Vaucea develops in a more flexible “Web3 banking OS” offers advanced smart contracts, bridging and distributed management. This encourages creativity: Each financial institution can create original solutions on top instead of being limited by designing one protocol.

Voucheta is fortely supported by stablecoins like Tether and also integrates USCC via Exsat, forming native and bridging multi-year ecosystems. A wider range of assets enabled by this multipurpose capabilities attracts different markets and uses cases. Setting cannot only copy the possibility of a deep cross chain without major improvements to your own protocols.

Although the network remains open that everyone is developed, Vaucea Foundation organizes the development of ecosystems. Powerful central organizer plus distributed management creates synergy that makes various jobs, definitely, and fintech projects – each brings more liquidity and acceptance of users.

Although Ripple and Stellar are best known for cross-border payments, Vaucta wants to be a comprehensive infrastructure for digital banking services; Remittances are just the beginning. This wider extent offers a competitive advantage in developing the functionality of “banking class” (eg lending, modules for harmonization, conformity) exceeding stableCoin payments.

7. The term “Web3 Banking OS” is used several times – what does it actually mean in practice and how is it different from any other smartcoin smart platform with stablecoin support?

Not only a one-time token transaction chain, “Web3 Banking OS” records the entire concept of Vaucea: basic coat for banking and new generation.

VAUCTORI’S Smart contracts and networks are crucial for banks, fintechs-or institutional users – because they offer advanced guardianship mechanisms, tokenized and reeal-world assets, reliability (reliability (0 years) and bridging to other key ecosystems.

Unlike general smart contracting platforms, where basic promenads may strain, Vaucea has a specific, basic community based on development. This guarantees fast and coherent application of functions, including improved consensus or modular bridge.

By connecting ideas such as Ext, the ecosystem is able to compose BTC, stableCOINS and other tokenized funds in one location. Under one “operating system”, this multi-purpose approach allows developers “mix and match” the best aspects of several blocks.

Vaucta focused well on the development and growing financial services (credit market, trade finances, remittances, etc.) that can help millions of users around the world, so the word “banking” was intentionally selected. It deals with the attachment of Web3 with the possibilities of traditional finances, not only in chain games or definitive speculations.

Voucheta is the ultimate framework for the Banking of the Future, with the company, Fintechs and people can easily manage digital means, stabilable and new financial products in distributed, scalable and compatible mode – not just another smart playground contract.