STELLAR GOLD: PROJECT REVIEW  

 

INTRODUCTION:

Since the invention of cryptocurrencies and the blockchain technology about a decade ago, a lot of ptojects have been taking advantage of the great features of this technology to provide efficient and effective financial transactions, data management and other aspect of technology.

somany people are still skeptical about the use of this technology , this is because they find it difficult to convert their  cryptocurrencies to Fiats immediate4 and when necessary. This has posed a lot of discouragement in the heart of many and prevent them from embracing the unique technology of the blockchain and the use of cryptocurrency . But thanks to Stellar Gold for coming up with a platform that will handle this issues and allow users to quickly convert their cryptocurrencies to Fiats without having to pay for conversion fees. .  For more information please visit the Stellar Gold website https://stellargold.net/stellargold/icos/home/index.html and white paper  https://stellargold.net/whitepaper.pdf

 

THE PROBLEMS FACED BY USING OTHER BLOCKCHAIN  THAT STELLAR GOLD HAS BEEN CREATED TO SOLVE :

  1. Delay in transaction: in most of the existing platforms, it takes a long time to be able to complete transaction. There is usually a delay which is one of the factors that discourage acceptance of cryptocurencies globally.
  2. Difficulty in converting crypto to Fiat: most blockchain do not have the option of converting Crypto to Fiats, therefore users have to transfer their cryptocurrencies to another platform in order to be able to convert and obtain Fiats.
  3. High fees when trying to convert cryptocurency to Fiats and use in real life purchase of goods and services. Or when users want to transfer to a bank account.
  4. Lack of adequate security measures: in most of the existing platforms, investor’s funds are not safe , as the platform is exposed to cyber hackers who stole users assets.

 

THE UNIQUE FEATURES OF STELLAR GOLD THAT DIFFERENTIATE IT FROM OTHERS

Stellar Gold is designed with several unique features that make it outstanding, some of which are:

  1. High security level: the strategies used by Stellar is uniquely secured, this is because the code used is new. On stellar Gold platform, all the exchanges are open this allows the development of assets to be reviewed whenever the need arises. to further secure the platform, any  cryptocurrency sent to the platform for conversion is making use of ed25519 calculation  and with this , it shows that anyone who sent  the assets  has been approved to do so this then means that anyone caannot6 just temper with the platform .  Also, due to the high security level of Stellar, banks make use of it to transact, with the blockchain, the data of the sending and receiving transactions can be recorded. .  For more information please  visit the  Stellar  Gold  website https://stellargold.net/stellargold/icos/home/index.html and white paper  https://stellargold.net/whitepaper.pdf

 

  1. Fast transactions: Stellar Gold is designed in such a way that the transaction is as fast as the speed of light. Comparing it to other platforms, Stellar Gold stand out when it comes to speed of transactions. With the Stellar network, converting crypto to Fiat is not an issue, this because it doesn’t take time to accomplish that. With Stellar Gold, it takes about 2- 5 seconds for a user to complete transactions and receive Fiats in his or her accounts.
  2. Low cost: with Stellar Gold, a lot of conversion can be carries out at a time; it takes as low as 0.00001 XLM to carry out a complete transaction.
  3. Global transaction: with the use of Stellar Gold, it makes it easy to send money to any part of the world without stress.

In my opinion, this is one project everyone should be a part of; Stellar Gold has been designed to transform not only the cryptoworld but the global financial economy.  For more information please  visit the  Stellar  Gold  website https://stellargold.net/stellargold/icos/home/index.html and white paper  https://stellargold.net/whitepaper.pdf

 

 

To get more information please contact the links below :

Website:  https://stellargold.net/stellargold/icos/home/index.html

White paper : https://stellargold.net/whitepaper.pdf

Bounty ox username: nesbee

 

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