What is Cybervein

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About CyberVein

Key Points

CyberVein is a big-data solution based on PISR (private, interlink, secure, robust) distributed database.
CVT is the native utility token used for storage payment, computing power payment, data exchange, and CROSS NFT issuance payment.
CyberVein tools include PISR Consortium database, DAG storage chain, Cytrix, and Federated Learning Platform.
There are 2,147,483,648 (~2.1 billion tokens) CVT tokens created at genesis, with a fixed supply and no inflation.
The token distribution is as follows: 50% Long-term Reserves, 36% Private Sale, 10

About CyberVein: Empowering the Future of Data-Driven Innovation

Introducing CyberVein (CVT): A Revolutionary Blockchain Ecosystem

CyberVein’s innovative big-data solution is anchored in the PISR (private, interlink, secure, robust) distributed database, where database operations are immutably recorded on the CyberVein blockchain network, which operates on a robust Proof-of-Contribution (PoC) consensus mechanism. This cutting-edge solution specializes in providing tailored, enterprise-level “blockchain + big-data” services.

CVT is the native utility token, serving as the cornerstone of our ecosystem, and is utilized for:

Storage payment: The data owner is responsible for paying the requisite storage fee, which is calculated based on the file size and bandwidth consumption incurred during the process.
Computing power payment: All payments from users to owners for usage, as well as remuneration for software developers, will be exclusively conducted in CVT, ensuring a seamless transaction experience.
Data exchange: On CyberVein’s federated learning platform, data acquirers negotiate a mutually agreed-upon price with data owners for distributed modeling applications, facilitating a secure and efficient data exchange.
CROSS NFT issuance payment: Dapp businesses are obligated to compensate for occupied network resources by paying for storage and data exchange. They may opt to designate CyberVein tokens as a preferred payment method for issuing NFTs or conducting business, aligning with their bespoke business model.

CyberVein’s comprehensive suite of tools encompasses:

The PISR Consortium database facilitates superior data management by ensuring the secure and reliable operation and maintenance of user data through virtual machines. This enables efficient data aggregation, traceability, and tracking, thereby guaranteeing the reliability of data sources and outputs. Moreover, it achieves cross-level, cross-departmental data sharing, enhancing the timeliness, diversity, stock, and density of data, ultimately unlocking its commercial value and resolving data flow issues.
The DAG storage chain provides a secure data storage solution, boasting enhanced efficiency, instantaneous transaction confirmation, and minimal fees. By eliminating the need for miners, it supports asynchronous verification and parallel processing across nodes, resulting in increased scalability. The more nodes, the faster the speed, and the stronger the scalability. Furthermore, the database backup on the DAG storage chain offers an additional layer of security for businesses.
Cytrix enables the sharing of GPU resources. Nodes can contribute a portion of their GPU capacity to the network, receiving compensation through the Proof of Contribution mechanism. The contributed GPU resources can aid enterprises or individuals in data modeling using federated learning, thereby fostering collaboration and innovation.
The Federated Learning Platform empowers data monetization. As a distributed machine learning workflow, federated learning enables local training of datasets, ensuring data privacy and regulatory compliance. Individual terminals return trained models to the server, creating a shared model that protects data privacy and security, resolves information silos, and unlocks data value. The platform will also provide algorithms to support data modeling operations for enterprises and individuals.

What Is the Circulating Supply of CVT Coins?

CyberVein embarked on its project on March 26, 2018, with an initial token supply of 2,147,483,648 (~2.1 billion) CVT tokens created at genesis. Notably, the token is pre-mined and boasts a fixed supply, thereby circumventing the inflationary pitfalls often associated with token economies. By eschewing this approach, CyberVein ensures that token holders are not burdened with subsidizing network activity. Instead, the platform is designed to operate sustainably in the long term, relying on revenue generated from big-data service fees within the DAVE alliance. To facilitate network activities during the bootstrap phase, a capped pool was allocated (see “Long-term Reserves” below) and dedicated to expanding the ecosystem and providing proof-of-contribution token rewards.

Fifty Percent Allocation: Long-term Reserves Pool

A substantial 30% allocation to Foundation Funds, prudently set aside for long-term reserves.
A significant 15% investment in Technology Development, driving innovation forward.
A strategic 5% allocation towards Marketing events, fostering community engagement.

Thirty Percent Allocation to Foundation Funds for Long-Term Reserve Management

Fifteen Percent Allocation for Technological Advancements

Fifthly, Marketing Events, comprising 5% of the allocation, will serve as a catalyst to foster community engagement and drive project awareness.

A prestigious allocation of 36% is reserved for Pool 2, an exclusive private sale opportunity.

10% Allocation to Pool 3: Team and Founding Partners

Pool 4 Allocation: 4% – Reserved for Advisors

The Visionary Founders Behind CyberVein

The CyberVein big-data solution was conceived by the CV Technology Foundation, with its whitepaper masterminded by the visionary duo of Arthur Yu and Jack Ge. Both pioneers will continue to spearhead CyberVein’s executive team, with Arthur assuming the role of Global Director and Jack serving as Global Ambassador.

Acquiring CyberVein Token (CVT): A Comprehensive Guide

CVT is conveniently accessible via prominent cryptocurrency exchanges, including Poloniex, Bittrex Global, OKEx, MXC, Bitbns, and numerous others. Furthermore, select services facilitate fiat currency purchases, enabling users to buy CVT through bank transfers or credit card transactions.

Unveiling the Unparalleled Attributes of CyberVein

Rather than a conventional blockchain project, CyberVein represents a pioneering blockchain-based big-data solution. As such, CyberVein prioritizes addressing securities concerns in enterprise-level database utilization, as well as the feasibility of standardized and legalized data monetization. This focus is particularly pertinent in today’s landscape, where concerns over data privacy breaches and data losses resulting from database failures are increasingly prevalent.

With the PISR database installed on the server, a decentralized consortium database is formed across servers, accessible solely to authorized clients, akin to any other database. This distributed architecture ensures sufficient redundancy, while the states and actions of the databases are immutably recorded on the blockchain, effectively functioning as a temporal ledger. This setup guarantees that a single point of failure will not result in data loss, as databases can be rolled back in accordance with the blockchain’s hash. Moreover, any malicious activities will be transparently recorded and visible within the consortium database, thereby preventing them. The system provides a functional interface for supervisory audits, supports seamless access for auditors, and offers comprehensive blockchain index monitoring to ensure operational excellence.

Conversely, the DAG storage chain maintains a globally distributed, sharded replica of the database, providing an additional layer of security that extends beyond the consortium database.

The federated learning platform is not a product, but rather a pioneering workflow that enables machine learning training to be conducted locally on the terminal, thereby eliminating the need for a centralized server. This innovative approach ensures that sensitive information remains confined to the terminal, never leaving the server or being exposed to prying eyes.