Stellar Force (XLF) – The Hard Fork of Stellar

INTRODUCTION

Following the innovation of the blockchain and cryptocurrency technology, more than 2000 cryptocurrency assets have been created for one function or the other either as utility tokens for means of payment in platforms or security tokens and others. Holders of crypto assets have recognized the important need for a secure, transparent, reliable, risk controlled, fast, digital exchange to trade their assets, despite the fact that there are a good number of working exchanges presently, they still lack some very vital features that are necessary for investors and crypto asset holders to survive the volatile and unpredictable cryptocurrency market.

The very volatile nature of the cryptocurrency market has led to a rise and recent fall of value of cryptocurrency assets such that existing and start up platforms or companies seeking to launch on the blockchain and cryptocurrency technology have faced increased downturn towards extinction and loss. Presently many crypto assets have poor value that investors and holders are weary on what to do with the devalued tokens in their possession, some asset holders just sell their assets at the present fallen crypto market condition which further worsens the crypto market even more and there are predictions that this crypto market downturn may get worse in the future.

This then begs the following questions. What can be done to revive the cryptocurrency market? is there any platform that seeks to provide high liquidity features to ensure the trading and exchange of low valued crypto assets? Can we have a truly safe, secure, reliable, efficient, transparent and decentralized platform seeking to enable Over The Counter OTC market of cryptocurrency assets for all holders, investors, companies and brokers? The answer to these questions is YES ABSOLUTELY and it is on this note that I introduce the STELLAR FORCE (XLF).

ABOUT STELLAR FORCE (XLF)

Stellar Force will provide not only a wallet and exchange, but also an ideal basis for launching new decentralized projects in an affordable way. Extremely low network charges and high bandwidth mean that launching an ICO on Stellar Force will be many times cheaper than on Ethereum, and all new tokens will be available for exchange on the internal decentralized exchange from the first day.

The vast majority of the original offers of tokens are still running on Ethereum, but this popularity does not reflect any real benefits: the organization of ICO on Ethereum costs a lot of money because it is necessary to use Solidity, the prices for services such as audit and marketing are extremely high, transaction fees they change suddenly, fraud happens very often, and the transfer of tokens bought during the ICO to the exchange often becomes a problem. Stellar Force seeks to fix these problems.

FEATURES OF THE PLATFORM

Low fees for project placement and almost zero transaction fees;

Investing in ICO directly from the wallet;

Decentralized voting and selection mechanism for ICO evaluation and fraud prevention;

Internal chat for communication with project teams and community managers;

Easy registration and placement thanks to the convenient use of the ICO page builder;

Flexible tokens distribution tool;

KYC service;

Several payment options, including Fiat;

Internal platform for generosity.

ADVANTAGES

Fast wallet

Fast and mobile-friendly wallet

Lightning Network

Zero-fee, instant P2P payments using Lightning Network

High-capacity and secure

High-capacity, secure and reliable blockchain network

ICO platform

Safe and affordable ICO platform

About Hard and Soft forks – As illustrated on the official whitepaper of Stellar Force

First and foremost, Forking is a common way to develop new and improved versions of existing cryptocurrencies. Stellar Force is created as a hard fork Stellar, just like Bircoin Cash is a hard fork Bitcoin. However, one should understand the difference between hard and soft forks, as well as unintentional (temporary) forks.

The most common type of fork is the unintended fork, which occurs when two blocks in a distributed ledger are accidentally terminated and checked at the same time. ). In this case, two new blocks get the same number, and the blockchain is divided into two branches. Such plugs do not pose a serious problem if the community of nodes can choose which of the two options to consider the “correct” continuation of the ledger. The second branch is discarded, and all transactions in it are transferred to the main chain or saved in another way. Among recent examples of such random plugs is a case that occurred with the NEO network and was widely publicized because NEO officially could not be branched. However, it is important to remember that a random fork may occur in any ledger – this is not a “real” fork.

The next type of plug is a soft plug, it is completely intentional and includes part of the community that agreed to make important changes to the code. Users are free to stick with it or not; the main thing is that those who switch to the new version will still be able to communicate with the old one. This is similar to upgrading to a new version of Windows, which still allows you to use older versions of Office and other software. The software plug is backward compatible, because the nodes that decide to remain in the old network will still recognize the validity of the blocks completed in the new network. However, if for some reason users decide to return to the state of the software plug, this will require a hard fork.

Stellar Force hard fork: snapshot and distribution

Immediately before the launch of the Stellar Force, a snapshot of the star network will be taken; This step is planned from February 9, 2019. A snapshot is a record of all Star holders who have lumens in their personal wallets at the time of the snapshot, as well as the corresponding XLM in each user’s wallet. Each XLM owner will be eligible to receive Stellar Force (XLF) coins for free after a hand in the 1: 1 ratio. It is important to note that after a snapshot, Stellar holders can freely dispose of their gaps at their discretion, including transferring them for exchange to another user or selling them. They will still get free XLF, as long as there are several lumens in their wallet when the picture was taken.

Only XLM in personal wallets are valid for distributing free Stellar Force tokens. The lumens on the exchanges do not give their owners XLF.

Each XLM holder receives free XLF in a 1: 1 ratio.

If you want to buy XLF now:

Send XLM to: GB23OAR65G2TKDDYTR5BDLBEHHCZ2ZOH2PTJ7QWYAUJIJYDDWZ27GHUO

After branching, we will send XLF to your wallet address. Then you can transfer XLF to any of the exchanges, for further sale and get a good yield.

Coin Prices:

The value of the coins are as follows:

0-5 million: 1 XLM per 1000 XLF

5-15 million: 1 XLM per 500 XLF

15-25 million: 1 XLM per 200 XLF

Minimal transaction amount: 50 XLM

Number of coins for sale: 25 million

The total supply of XLF is limited to 100 billion, of which 25 billion is allocated for presale, 2 billion for campaigns for remuneration and 13 billion for the development of additional services and the management of the Star Force Fund.