Blockchain problems:
Bitcoin has amassed massive popularity in quick time. Millions of people are using the blockchain network now. The increase in popularity has led to too many problems. It becomes tougher to validate transactions, which results in slower transaction speeds and higher transaction fees. The decentralized nature of the currency makes it hard to manage. It has inherited problems by virtue of decentralization. The capacity of blockchain platforms is not adequate for the amount of transactions that are taking place. Due to the coin’s bad history, it becomes taunted. Compromising on privacy can be a real prospect. What we need is a governance in midst of the high decentralization quotient of cryptocurrencies.
Stash.io:
Here is exactly where Stash.io comes in. It plans to operate as an independent cryptocurrency. It provides an advanced blockchain platform to act as a secondary layer for transactions to take place. It enables p2p transactions without the traditional hassles. Thanks to the backing of a secondary layer, you won’t see wavering transaction fees that vary every now and then.
Benefits of using Stash:
It offers a lot of benefits through authoritative governance in a decentralized currency. The transaction speed will be higher. Stash promises lower transaction fees. Thanks to its increased capacity, scaling up to 80x better than bitcoin, these benefits are real. In the age of crypto based transactions, Stash can be one of its vanguards. Stash also improves privacy of the transactions and users.
Zero Knowledge Security Layer:
It does all this while maintaining utmost privacy. It employs a novel zero knowledge security layer to safeguard all details of each transaction. The amount, the source and the destination cannot be viewed by anyone. However, the transactions are still completely verified.
Software development:
New features of stash platform will be developed internally. However, it will be sourced from crypto community. Users get to decide what features stays and what does not. Stash is for the people and by the people. It will be driven by the crypto community, which likes lower transaction fees, higher transaction speed, high platform capacity and end to end privacy.
Mode of operations of Stash:
Stash employs an iNode network which acts as a secondary layer. Each iNode will be owned partially by the contributors. iNode operator gets rewarded for transactions verified on the node. The reward will come in the form of STASHPAY.IO tokens. The underlying tier 2 stash layer ensures a certain standard of transactions. It will guarantee higher capacity, speedier transactions and lower fees.
ICO crowdsale:
Stash tokens will be traded with the symbol, STP. A total of 500 million tokens will be made available, out of which 360 million will be available for sale. 100 million tokens will be reserved by Stash team in their lock-up. Each token will more or less cost $0.10. STP tokens will operate on Ethereum blockchain platform. The crowdsale accepts payments in form of Ethereum (ETH) and bitcoin. Presale bonuses are offered in the range of 5-40%, depending on how early you contribute. For more details visit: http://stashpay.io/
Exclusive Wallet and card:
You can use Stash debit card to pay merchants who accept traditional credit and debit cards. Stash will launch its mobile wallet soon.
Important Notes:
The concept of the project and the value it will provide to the crypto community speaks for itself. I categorize this project in higher ranks as compared to the majority of other projects. Follow the official Stash links below to stay in touch with the project team;
Website: https://www.stashpay.io/
Whitepaper: https://www.stashpay.io/whitepaper.html
Facebook page: https://www.facebook.com/stashpay.io
Twitter profile: http://twitter.com/stashpay
Medium: https://medium.com/@Stash_Pay
Instagram: http://instagram.com/stashpay.io
Kind Regards!