Huobi Exchange through its official handle on Twitter made the announcement of both launching and start of trading of the $COVA token today 20th Dec 2018 and 21 Dec 2018 respectively.

Further Information about the listing and trading can also be gotten here

According to the Tweet from Cova on Dec 19, the below image is the current situation on the ground at the time of writing this article.

Tweet as regard this new information can be gotten here. Congratulations to the holders of the Cova token as they get listed in one of Crypto top exchange in the world.

COVA opens public Test-Net

I recently joined the world of coding and development although still in Java and Javascript phase, it has been a whole new experience for me, new knowledge, I meet new people with different perceptive and ways of doing things on the internet, which in turn have open up the well of interest in me and have also caused me to want to know more also. As I search into the endless stream of possibilities in the programming industry in the traditional settings as we have it today, I realize even more possibilities and opportunities exist in the non-traditional industry i.e The Blockchain.

Consequently, the Ethereum blockchain runs on code, code is run on the blockchain through the use of smart contracts. Each smart contract has an address, storage, and code. When a transaction is sent to a contact's address, it's code is run on every node, inside the Ethereum Virtual Machine (EVM), and the contract can send Ether, call other contracts, and write to its own storage.

However, due to this complex process, quality scaling hasn't been achieved yet in the Ethereum blockchain as computing power in Ethereum currently run between 2.5k-15k a very less figure compared to Covalent.ai network that runs above 100k steadily and sometimes a little below.

Image showing the public test dashboard

Due to the way Ethereum VM is designed, the whole ETH network can run at most the number of computation a single modern computer can run. However, due to COVA’s protocol technology, massive scaling can be achieved without compromising the security and privacy guarantees of blockchain networks. Imagine the security of Ethereum-like blockchain fused together with the speed of computation of centralized clouds, imagine the efficiency in running complex computing processes like running machine learning models securely which is helpful in various traditional industries like medicine, aviation etc

Sample on Cova computation which computes moded factorials for some large number. Each atomic operation (or task) is a multiplication of two large numbers and then modding them by a 10 digit prime

Python code

Solidity Code





It should be worthy of note that the purpose of Cova Network is for protection of data and ensuring of users privacy with Cova enforced smart policy in place which will see to the abilities of users owning and controlling their data as never seen before now.

Events So Far

As mentioned at the beginning of the article (above) listing, trading and withdrawal timetable on Huobi Global Asset Exchange have been announced.

Cova partners with Perlin, a bleeding-fast ledger with a powerful compute layer.

Perlin is the first practical, trustless and decentralized cloud computing marketplace that leverages underutilized compute power in everyday smart-devices to make supercomputing economically viable and accessible globally. Cova would ensure that this process is carried out under safety with users data in their control.

COVA was invited to 2018 Xi’an International Workshop on Blockchain, which was co-hosted by Tsinghua University and Cornell University. Some of the attendees include Dr. Prof. Andrew Chi-Chih Yao from Tsinghua University, Prof. Elaine Shi from Cornell University. - Twitter





The world will experience improved data security, smart data, and private secured activities in currently developed web 3.0. Be a part! Sign Up and Start Trading!





More Resources Below - Follow as Events are carried out Time to Time

Website: http://www.covalent.ai

Telegram: https://t.me/covalentofficial

Twitter: https://twitter.com/covatoken

Medium: https://medium.com/@covatoken

Reddit: https://www.reddit.com/r/Covalent_Official/

Github: https://github.com/covalent-hq/wiki/wiki

