Stellar Shark is a new cryptocurrency created on the Stellar blockchain ( XLM ), which is designed to improve certain functions of the basic cryptocurrency XLM , such as open source technologies, low prices, affordable and decentralized model, advanced consensus protocol, processing speed and others. In order to popularize the Stellar Shark ( XLK ) token , on June 28, 2019, a 1: 1 photo will be taken for XLM owners .
As you know, among crypto communities, the most famous are cryptocurrencies such as Bitcoin, Ethereum, Ripple .
For example, what qualities distinguish Stellar and Stellar Shark from competitors in a favorable light
1 Unlike its closest competitor Ripple , designed for large financial organizations, Stellar is more focused on ordinary users to pay not only on the Internet but also in the future in stores in small commercial projects. In general, the orientation on the provision of non-banking services.
2 Non-commercial direction. Providing low-cost financial services for those who need them and do not want to pay large sums.
3 High transaction speed. For example, the Bitcoin network is capable of processing 10 transactions per second, the Ethereum network can process about 25 transactions per second. In turn, the blockchain stellar is able to process 1000 transactions per second. Together with Rippleis considered one of the fastest blockchains on the market. The reason for such a high speed is the absence of miners in the system and the absence of the need to confirm each transaction.
4 Low fees. It is known to many that the Stellar blockchain has one of the lowest commissions among other cryptocurrencies.
5 Independence from banks and other financial organizations. One of the ideas of cryptocurrency is the replacement of large banks. They are based on the principle of decentralization, which allows direct transactions between users. Banks and corporations have long been interested in cryptocurrencies and blockchains. Cryptocurrencies have a fear of losing their independence and decentralization. For example, Ripple has an idea to partner with global financial institutions such as American Express and UBS . In its idea, Stellar supports a massive approach involving independent developers and uses open source.
6 No mining. Currently, mining cryptocurrency is considered a source of income. It is worth noting that this is a very resource-intensive process associated with high power consumption. In principle, miners solve the same cryptographic problem and the one who manages to solve it first and complete the block receives an award. Global energy consumption in the mining industry exceeded consumption in Denmark. This includes pollution and global warming and other negative factors.
Our Main Road Map
They have the highest capitalization. Although stellarIt is considered not so famous, but the developers are confident that it has all the necessary qualities to become one of the leading cryptocurrencies in the future.
For example, what qualities distinguish Stellar and Stellar Shark from competitors in a favorable light
1 Unlike its closest competitor Ripple , designed for large financial organizations, Stellar is more focused on ordinary users to pay not only on the Internet but also in the future in stores in small commercial projects. In general, the orientation on the provision of non-banking services.
2 Non-commercial direction. Providing low-cost financial services for those who need them and do not want to pay large sums.
3 High transaction speed. For example, the Bitcoin network is capable of processing 10 transactions per second, the Ethereum network can process about 25 transactions per second. In turn, the blockchain stellar is able to process 1000 transactions per second. Together with Rippleis considered one of the fastest blockchains on the market. The reason for such a high speed is the absence of miners in the system and the absence of the need to confirm each transaction.
4 Low fees. It is known to many that the Stellar blockchain has one of the lowest commissions among other cryptocurrencies.
5 Independence from banks and other financial organizations. One of the ideas of cryptocurrency is the replacement of large banks. They are based on the principle of decentralization, which allows direct transactions between users. Banks and corporations have long been interested in cryptocurrencies and blockchains. Cryptocurrencies have a fear of losing their independence and decentralization. For example, Ripple has an idea to partner with global financial institutions such as American Express and UBS . In its idea, Stellar supports a massive approach involving independent developers and uses open source.
6 No mining. Currently, mining cryptocurrency is considered a source of income. It is worth noting that this is a very resource-intensive process associated with high power consumption. In principle, miners solve the same cryptographic problem and the one who manages to solve it first and complete the block receives an award. Global energy consumption in the mining industry exceeded consumption in Denmark. This includes pollution and global warming and other negative factors.
7 Excellent structure for ICO. As shown by the latest project Mobius, hardcap $ 39 million was collected in 2 hours. The Stellar network is like no one else for ICO.
8 Partnership with IBM . Stellar thoughnot committed to partnership with large financial organizations, he signed a strategic agreement with IBM which led to two very interesting projects.
9 Open source.
10 Extended Consensus Protocol.
11 Controlled inflation. Low inflation contributes to slow steady growth of Stellar without strong speculative volatility.
12 Multicurrency support. Blockchain supports an unlimited number of currency pairs like crypto and fiat.
Our Main Road Map
Q2 2018 - Q1 2019
Development
of development of general development plans and project implementation, team building.
Q2 2019
Official website
Launching official website; launch of the prize program; list on several exchanges
June 28, 2019 Snapshot
photo
network from the Stellar network
July 7, 2019
Network
Launches Stellar Shark's main network
Q3 2019 Work
Implementation
on the dApps module, implementing Lightning Network
Q2 2020
dApps,
beta version of ICO Rumah, the ICO Platform
Q3 2020
Exchanging
Work on the exchange of Decentralization
Q4 2020
Launch module
Launches full dApps home, ICO Platform, Decentralized exchange
Q1 2021
IOS
Launches iOS Stellar Shark wallet
Q2 2021
Android
Launch the Stellar Shark Android wallet
Q4 2021
Desktop
Launch the Stellar Shark Desktop wallet
You can still talk a lot about the project Stellar Shark . But in order not to delay, I will leave all the necessary links in the description.
There on the site you will find a detailed description of Whitepaper, a roadmap, a team and many more necessary questions. In conclusion, I would like to say thatStellar Shark is a promising and reliable cryptocurrency.
In my cryptocurrency portfolio, a certain percentage of Stellar cryptocurrency is required. Now I’ll probably save Stellar Shark too . I think such progressive and popular technologies will definitely make a breakthrough in the cryptocurrency sphere.
To get clearer and more accurate information please visit the link below:
https://stellar-shark.com/
https://stellar-shark.com/wp.pdf
https://sharkwallet.org/
https://www.facebook.com/stellarshark/
https://twitter.com/sharkxlk
https://github.com/stellarshark
https://t.me/stellarsharkofficial
https://www.youtube.com/channel/UCqJUebgjC6DtQvAs9hfvNnw
AUTHOR
Bitcointalk ID Name: bungasakura5
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2204918
Eth : 0x44808C2EA67D20E350574259A16BC36F81d8BebD
To get clearer and more accurate information please visit the link below:
https://stellar-shark.com/
https://stellar-shark.com/wp.pdf
https://sharkwallet.org/
https://www.facebook.com/stellarshark/
https://twitter.com/sharkxlk
https://github.com/stellarshark
https://t.me/stellarsharkofficial
https://www.youtube.com/channel/UCqJUebgjC6DtQvAs9hfvNnw
AUTHOR
Bitcointalk ID Name: bungasakura5
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2204918
Eth : 0x44808C2EA67D20E350574259A16BC36F81d8BebD