los angeles wholesale jewelry supplies Why is the star coin abandonment

wholesale jewelry minimum order In the general market, the main reason for the abolition of star coins is because the number of users is gradually decreasing. Compared with other digital currencies, such as Ripple, its market value and number of users are rising, so they are also considered a more promising digital currency. In the actual economic transaction, the sponsor of the star coin is also the founder of Charobo, but the current market value of the two has a very different trend change.
This information
1, what is the star coin XLM?
The profile: Stellar, a digital currency project initiated by the founder of the former Ripple, used to build a decentralized gateway transmitted between digital currencies and legal currencies. It will be provided to users through free distribution, and its supply goes online to 100 billion, of which 95%of the number of star coins are used for free distribution.
Preting time: 2014
star coins, full English name lumens, digital currency code XLM. The previous English name of the star coin was Stellar, abbreviated as STR, and was renamed Lumeens by the operating company.
Total supply: 103, 629, 819, 514xlm
The total circulation: 18,432, 206, 941xlm
market value: $ 7, 603, 897
The main characteristics of the star coins are as follows:
1. Steel team has rich experience. The members of the board of directors include the former Square chief operating officer Keith Rabois, Patrick Collison, Chief Executive Officer of Stripe, and Jackson Palmer, co -founder of dog coins, and Angellist joint Human Naval Ravikant will be a consultant to the project;
2. Stellar coins as the upgraded version of Ripple, which have made many improvements on the technical basis, especially related consensus mechanisms and verification algorithms. Improve, and the demand for node resources is very low;
3. As a tokens for the star payment network, star coins can be exchanged for one currency, and the transfer payment speed is fast.
three, chip comparison
as an analogy, you can imagine the credit equivalent as a chip. Casino that releases chips is the gateway. Customers give casino currencies (Customer Falun currency-> gateway), and casino gives customer chips (gateway account-> customer account). These chips have the following marks: 1) the names (and amounts of money) issued, 2) the names of the gaiting chips. In the star system, the same is true of credit equivalent. Credit equivalent is a "currency/issuer" combination, which is marked with amounts and manifested in the agreement. The publisher (casino name) is the address controlled by the gateway. Customers can return the chips to the casino at any time and exchange them back to cash.