If for any reason the Vidulum Application is experiencing downtime of any nature, these keys can be imported into almost any software for the corresponding currency the key is for — and you will then have access to your funds. This is possible no matter what state the Vidulum webpage or may be in.
If the Vidulum platform were subject to attack, we have written multiple in house protection services to secure user data and anyhow, there is never sufficient data stored on our servers at any given time for an attacker to compromise your /private keys.
A user of the Vidulum App is able to stake their Vidulum in the Wallet. Staking in Vidulum is a little different from the Proof of Stake protocol you might have knowledge off, as its not a protocol and therefore, no luck involved, no calculations needed in terms of “what would be the best input size”, rather a new invented system with one thing in mind: Giving people the power to earn Vidulum, without the need of a lockup.
The minimum input is 100 VDL, but there is no minimum or maximum staking time, you can withdraw whenever you want.
V-Staking Example:
User VDL Balance: 300
All VDL Balance: 25000
User Weight: 1.2%
At every staking cycle, the user will get 1.2% of the distributed Vidulum.
The V-staking feature is in the process of getting a major overhaul, which will benefit the user of the App even more.
4.) V-Dividends:
On top of V-Staking, Vidulum follows a strict “You Win-We Win” approach. The V-Fund is a 2 Million premine mined in the genesis block of the VDL . Everyone probably knows what a premine is and the fear, that developers would sell it over time and disappear is well acknowledged in this space. That’s why the team brought V-Dividends to life. The V-Fund will get distributed and used in cycles:
If the remaining funds after each cycle aren’t fully used on development or company expenses, the remaining VDL will get airdropped to the holders of Vidulum in the App aka our community (50%), to the founders (15%) and to the team (5%).
Community percentage will get distributed in the same fashion as V-staking, depending on the weight of your holdings to the total holdings.
5.) Active Development and Team contribution
The last part is likely the most important one. The Vidulum team has been in the cryptosphere a very long time, witnessed greatness and downfall as well and learned a lot by participating and contributing to other projects. This knowledge brought us together and Vidulum was born.
The team believes in full transparency regarding every aspect of our approach to improving the app and making it “Easy-to-use”. We commit to further development as well as will remain active participants in building in a community.
We call our approach “Proof-of-Proof”: Rather than saying something will be done in the future (Roadmap), we show it by releasing continuous updates to the App.
The team would like to thank every participant in this great adventure so far, and, believe us when we say: We are here to stay and are eager to deliver great tools for everyone to use.
Published at Fri, 03 May 2019 01:15:10 +0000