Bitcoin has been around since 2009 as the first-ever cryptocurrency in the world. It has also paved the way for another cryptocurrency which was built and based on the Blockchain platform. It has been seen as a store of value and also for moving assets by changing from fiat currency into cryptocurrency.
As good as it sounds there has been a major issue surrounding cryptocurrency which is the versatility issue. It occurs as a result of the limits to exchange which the bitcoin network can process. The bitcoin exchange network lags behind Visa's exchange network which can process yours to 47,000 exchanges per second. Currently, Bitcoin's most exchange per second is capped at 7 exchanges per second.
Time is money they say, the versatility issue surrounding the bitcoin exchange network will affect it's acceptability and adaptability rate negatively. For this reason, the Stellar Gold platform was created to help solve the issues surrounding the bitcoin network.
STELLAR GOLD
Stellar Gold is a platform created to help relieve cryptocurrency users from the versatility issue. It's a platform that wants to help to make the conversion of cryptocurrency to fiat easier. Stellar is hoping to build a secure, useful and easy-to-use. This is believed to help make cryptocurrency payment easier and uneven integrate it better into financial uses.
Stellar Gold was picked over Ethereum due to the latter's adaptability issues.
VISION
The vision of Stellar Gold is to be able to convert and move money from any form to another anytime anywhere. Stellar Gold believes it will be much better and the issue of adaptability will be forgotten if assets can be moved across borders quickly and exchanged from crypto into any international fiat.
Current solutions can only solve one problem and very slow, but Stellar Gold wants to improve on this and build a secure, useful and easy-to-use product based on private Blockchain. In the end, people will be able to convert the cryptocurrency without any conversion cost.
WHAT MORE?
Stellar is hoping to improve on Bitcoin and Ethereum flaws and do better to deliver more. Currently, Bitcoin and Ethereum can't deal with various exchanges every second, but Stellar will be better than the aforementioned Blockchain by handling more than 2000 exchanges every second. This makes it transaction power over a hundred times powerful than Bitcoin's.
FEATURES
The cheap price is one of the improved features on Stellar as it offers the cheapest transaction expense of 0.00001 XLM on the general system.
Security is a sure banker on this platform because Stellar makes use of the industry-standard open key cryptography devices and strategies. The system is an open one, which means the development of assets can be reviewed by all.
Fast transaction happens over the Stellar network because of the quickest transaction record on Blockchain of 2-5 seconds. Them the installment will reflect in the wallet.
The worldwide transaction is possible on Stellar as it will associate with banks to make fiat transactions confirmation faster and easier
TOKEN
Stellar Gold token is an XLM based token and it will be available on Stellar port for sale. It's compatibility of the token with third-party services wallets, exchanges e.t.c
Token sales start on March 28, 2019, with about 10000000 XLMG tokens available for sale.
Currencies currently accepted are; XLM, ETH, BTC, LTC, XRP, SLT, BTC.
Start
March 28, 2019 (9:00AM GMT)
Number of tokens for sale
10000000 XLMG (9%)
End
April 28, 2018 (11:00AM GMT)
Tokens exchange rate
4 XLM = 1 XLMG, 1 BTC = 300000 XLMG
Acceptable currencies
XLM, ETH, BTC, LTC, XRP, SLT, BTX
Minimal transaction amount
1 ETH/ 1 BTC/ 1 LTC
Stellar Gold is an XLM-based token and will be available for sale through the starport.
Beginning - March 28, 2019 (9:00 GMT)
The number of tokens for sale is 10,000,000 XLMG (9%)
End - April 28, 2018 (11:00 GMT)
Token Exchange - 4 XLM = 1 XLMG, 1 BTC = 300000 XLMG
Allowable currencies are XLM, ETH, BTC, LTC, XRP, SLT, BTX
The minimum transaction amount is 1 ETH / 1 BTC / 1 LTC
ROAD MAP
March 2019 - the beginning of the development of the ICO cryptoplatform.
June 2019 - More than 100 sellers on the site
June 2019 - our prototype launched
August 2019 - ICO preparation and press tour
October 2019 - starting tokens sales round (2)
December 2019 - Future Product Partnership
January 2020 - preparation of our team and commercial preparation
May 2020 - the opening priority for the owner of the token
June 2020 - Starting sale round of tokens (3)
October 2020 - an announcement of the use of blockchain for the global network
December 2020 - Operational launch of the United States as a whole.
For more information about stellargold click the link below: https://stellargold.net/stellargold/icos/home/index.html
Whitepaper; https://stellargold.net/whitepaper.pdf
Facebook; https://www.facebook.com/StellarGold.net
Twitter; https://twitter.com/gold_stellar
Telegram; https://t.me/officialXLMG
Reddit; https://www.reddit.com/user/stellar_gold
Medium; https://medium.com/@stellargold.net
BountyOx username: tescotty23
