Get to know the Stellar network
Get to know the Stellar network
What is Stellar?
Stellar is an open-source payment platform based on Ripple's network, with the XLM Token being its flagship platform to support international transactions of all currencies, Peer-to-Peer payments. The platform uses a decentralized control Stellar Consensus Protocol. The process is fast Trusted and safe
And what is the purpose of Stellar?
Stellar aims to connect financial transactions. In order to reduce costs, have a low cost and fast Everyone must have access. Therefore, we choose to use the SDF distribution network.
What are the advantages of Stellar?
1) Currency can be generated within the Stellar system.
2) In the matter of transferring money, Stellar can transfer in many ways, including normal transfers, transfers in different currencies. and can also offer currency for sale
3) There is a record of various transactions history.
4) Reduce the time of international transactions and also reduce costs.
What are the disadvantages of Stellar?
1) General digital assets are not widely accepted and used. causing a decrease in value
2) despite storage security But there are still digital asset thefts.
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