STELLAR GOLD - Global Decentralize Network To Buy Crypto & Convert It Into Fiat With No Conversion Fee

_The revolution of cryptocurrency is amazingly spreading like wide fire and has been gaining a remarkable level of acceptance.
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INTRODUCTION:

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

While this revolution is gaining wide acceptance, Stellar Gold, a platform for the future of conversion of crypto to fiat easily has arrived.

"Stellar is operated by a non-profit organization called Stellar.org and was founded by Jed McCaleb, who also co-founded another popular cryptocurrency, ripple. Similar to ripple, Stellar is also a cross-border transfer and payment system that connects financial entities with an aim to significantly reduce the transaction costs and time lags. Each transaction has a standard mining fee of 0.00001 lumens.

Stellar’s primary focus is on the developing economies in the areas of remittances and bank loans to those who are still outside of the scope of the banking services. It doesn’t charge individuals or institutions for using the Stellar network.

While Stellar works similar to most decentralized payment technologies like bitcoin, its key distinguishing feature is its consensus protocol. The present-day Stellar is a result of a 2014 fork that created the Stellar Consensus Protocol (SCP) following which Stellar became an open-source system. Under this protocol, the transaction authentication process is confined to a select set of trustworthy nodes rather than being left open to the whole network of nodes. Each node on the network selects a set of such trustworthy nodes, and a transaction is considered approved once authenticated by all nodes that are part of this select group. This shortened approval cycle allows the Stellar network to process transactions faster and keep transaction costs lower."

With that being said, while Bitcoin and Ethereum can't deal with significantly various exchanges every second and in this way is a feasible and cutting-edge money related alternative, Stellar ran over with a shrewd idea where adaptability issues can be taken to the next level.

But before we go any further, please check out this video presentation to get even more acquainted

INTRODUCING STELLAR GOLD?

As depicted above and as indicated on the official website of Stellar Gold, Stellar Gold is a platform for the future of conversion of crypto to fiat easily. While existing solutions offer to solve just one problem at a time, the Stellar Gold team is up to build a secure, useful, & easy-to-use product based on private blockchain. It will include easy cryptocurrency payments integration, and even a digital arbitration system. At the end, the aims to convert the crypto currencies without any conversion cost like no deposit and withdrawal.

In addition, stellar gold is a next generation platform which aims to unleash the potential of cryptocurrency payments system through the seamless conversion of digital assets into any international fiat currency cost free, the the platform leverages Stellar blockchain to execute its consensus strategy in the most convenient way.

Stellar blockchain is capable of processing a thousand transactions in seconds (TPS). This far outstrip Ethereum which is capable of only 50 (TPS). Transaction of financial values across the globe have never been simple or easy due to social economic differences. This has resulted in significant difficulties when sending funds and even losses. With the aid of Stellar Gold platform, users will be able to mitigate against such losses and enhance the value of their transaction through a highly secure, transparent, and decentralised payment platform.

Stellar Gold platform can also connect with third-party providers such as banks and help them eliminate risk through transparent, auditable, and ledger system. This unique feature eliminate the trust issues that often accompany the sending of money from one user to another ensuring that they can transact values anytime anywhere with anybody.

The Problem

In the financial sector, the speed of exchanges or transaction is a need. Same applies to the Blockchain innovation trade platforms. Seeing how Ethereum and Bitcoin systems work is of significance in valuing the arrangement introduced in same. It's been realized that Blockchain trades are made in records which perform utilizing blocks. Much the same as any record, Blockchain now and again gets full. At the point when this occurs, there is normally languid exchange and a stop in the framework.

When speed is threatened, other alternatives may be sought, and this will lead to vulnerability in the system.

The Solution

Stellar Consensus Protocol (SCP) this comprises of two states viz; the nomination state and the ballot state.

The nomination state: this entails nodes are not exposed when the protocol is used to achieve its purpose of blending transactions. At the second states of the nomination, any node that did not perform as expected will be reset.

The Ballot state occurs when it is discovered that the nomination state is consolidated, the ballot protocol is now executed which utilized a united casting ballot survey to submit and thoughtlessly ends counts related with composite qualities.

Golden Solution: Simplicity is defined by using Stellar Lumens revolution to exchange cutting-edge resources around the world, promptly, dependable to make alive the vision of Satoshi.

“The only limit to our realization of tomorrow will be our doubts of today."

This is your turn to make a mark using Stellar Gold as a yardstick to support a revolution that will outlive many generations to come by participating in the ICO. The first step to take is to sign up and purchase token on the site at the bottom of this article and the second yet very important step, is to put away doubts and utilize this opportunity maximally.

The Features - According To The Official Whitepaper

Fast Transaction

Over the Stellar Network happens the quickest exchanges ever expand on the Blockchain. 2 ~ 5 seconds and your instalment will be on your wallet. An exchange on the system comprises of at least one tasks. Instalments, offers, and charges are on the whole instances of tasks that could make up a solitary exchange.

Cheap Price

In the event that such a large number of exchanges are submitted, nodes propose the exchanges with the most noteworthy expenses for the record's exchange set. The result is simply 0.00001 XLM expense on the general system. Not exactly both Ethereum and Bitcoin and with likewise a vastly improved exchange speed.

Security

Stellar utilizations industry-standard open key cryptography devices and strategies, which implies the code is all around tried and surely knew. All exchanges on the system are open, which implies the development of assets can generally be reviewed. Every exchange is marked by whoever sent it utilizing the Ed25519 calculation, which cryptographically demonstrates that the sender was approved to make the exchange. While all exchanges are open, banks utilizing Stellar to trade assets in the interest of individual record holders can keep data about the people sending and accepting it private by putting away scrambled or remarkable identifiers in the exchange's notice field. This enables banks to meet administrative consistence necessities and keep exchange history verifiable while as yet keeping favoured data secure.

Worldwide Transactions

Moving cash crosswise over fringes rapidly, dependably, and for divisions of a penny never has been excessively simple. With Stellar Gold now we can associate banks, making installments and confiding in individuals everywhere throughout the world without agonizing over twofold spending issues.

Scalability

To wrap things up, contingent upon equipment and system configurations, a preservationist gauge of Stellar Gold handling rate is 1000 activities for every second. The circulated Stellar system is comprised of servers running the Stellar Core programming. These servers are kept up by different people and 8 Sales Project Team Partners and Advisors Airdrops and Bounty Bonus Fund Tokens Presale (Round one) Tokens Presale (Round two) Core Phase of Token Sale substances. Stellar Core keeps up a nearby duplicate of the system record, imparting and remaining in a state of harmony with different cases of Stellar Core on the system.

Token and ICO Details

Stellar Gold 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 etc.

Start: March 28, 2019 (9:00AM GMT)

Number of tokens for sale: 10000000 XLMG (9%)

End: May 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

Token sale will be available through https://stellarport.io a Stellar Decentralized Exchange.

The Distribution of tokens and use of proceeds goes thus: