Skip to main content

Stellar Force (XLF) - The Hard Fork of Stellar

The world of cryptocurrency has drastically expanded, along with a corresponding ecosystem of supporting services, and should be doing everything it can to attract institutional investors. With $130 trillion of assets under management worldwide, institutional investors could have a huge positive impact if they moved even a tiny fraction of those funds into crypto, whose market cap remains under $300 billion.
Cryptocurrency exchanges, allowing people to trade within crypto as well as to and from fiat currencies, are a critical part of this   however due to an explosion in demand they have difficulties keeping up with the sudden market growth. As a result, many of them have been forced to prioritize maintaining and supporting their own systems rather than the development and innovation. Some have even had to pause their on-boarding of new clients, unable to handle the influx, due to their fundamental inability to scale fast enough. In order for the industry to grow, brand-new exchange platforms are demanded by the market. Here ia the deal. I'll be introducing you to stellar Force a new cryptocurrency that takes advantage of many of the benefits of Stellar, such as processing speed, low fees, a democratic and decentralized model, open source technologies and others. Stellar Force (XLF) will be distributed free of charge to XLM owners after a network snapshot scheduled for February 9, 2019, in a 1: 1 ratio. This will give an early impetus to the XLF and ensure the formation of an organically growing community.
image.png
About Stellar Force
Stellar Force is a new cryptocurrency that takes advantage of many of the benefits of Stellar, such as processing speed, low fees, a democratic and decentralized model, open source technologies and others. Stellar Force (XLF) will be distributed free of charge to XLM owners after a network snapshot scheduled for February 9, 2019, in a 1: 1 ratio. This will give an early impetus to the XLF and ensure the formation of an organically growing community.Stellar Force is a new cryptocurrency that takes advantage of many of the benefits of Stellar, such as processing speed, low fees, a democratic and decentralized model, open source technologies and others. Stellar Force (XLF) will be distributed free of charge to XLM owners after a network snapshot scheduled for February 9, 2019, in a 1: 1 ratio. This will give an early impetus to the XLF and ensure the formation of an organically growing community.
Stellar Force will present a number of important innovations that Stellar Force expect will become the industry standard in the near future, such as support for the Lightning Network and multi-currency exchanges.
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 ICO platform include:
  • 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.
The 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
  • Safe and affordable ICO platform
About Hard and Soft forks
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.
Token Allocation
Pre-Sale & Values
End Date - 8 February 2019
Minimum Purchase pre-sale - 50 XLM
Total XLF - 100 billion
Pre-sale - 25 billion
Bounty - 2 billion
Development - 13 billion
ROADMAP
image.png
For more information, please visit the links i have provided below;
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

Comments

Post a Comment

Popular posts from this blog

ENCRYBIT ICO OVERVIEW

The idea of cryptocurrency has evolved and transformed over the last decade and in response to this advancement, the market has witnessed the emergence of crypto exchanges pop up all around the world. The global cryptocurrency market started 2018 with a bang, hitting a record high of $700 billion in market capitalization. All signs point toward an increasingly large cryptocurrency exchange market as new crypto traders continue to join exchanges. With over 500 exchanges and growing to trade through, it’s become increasingly valuable to understand the key pieces of news and information which differentiates the sharks from the minnows. Here is the deal ENCRYBIT is revolutionizing cryptocurrency exchange which features enriched trading platform for modern and enhanced trading experience. ENCRYBIT EXCHANGE PLATFORM Encrybit is the first cryptocurrency exchange with a modern trading platform that sets it apart from the traditional style of exchanges available in the current mar
8 comments
Read more

QIIBEE - Loyalty Protocol on the Blockchain

Qiibee is creating a loyalty protocol that provides a trustless, secure and provable manner for issuing loyalty tokens backed by a crypto asset across different blockchains. The qiibee protocol provides a trustless, secure and provable manner for issuing loyalty tokens backed by a crypto asset across different blockchains. It also guarantees liquidity by allowing easy redemption, tradability and exit options. Qiibee provides an easy-to-connect means to start building loyalty programs on top of the qiibee protocol, an API that brands’s developers can use to easily communicate with the protocol and the blockchain. The alpha version is already live, and we’re always improving the API to deliver a smoother, more straight forward experience. Our mission is to establish a loyalty ecosystem for hundreds of brands that service thousands of customers. FEATURES OF QIIBEE PLATFORM Decentralized loyalty apps The qiibee wallet is one of the means by which loyal customers can inter
Post a Comment
Read more

SGV-G: Using Blockchain Technology to Create the Best Renewable Energy that will Save the Ecosystem from Pollution

The energy sector is a very big and massive sector which is generating billions of dollars to countries and companies. One of the major challenges faced is pollution caused by these methods of energy generation. Since the demand for energy is on the high side many countries are focusing on expansion of their power plants and other energy generation platforms. Most countries depend on coal, natural gas, nuclear, crude, and hydro to generate their electricity for the country. These sources of energy generation is associated with one form of pollution or the other. The coal for instance is coal associated with excessive heat and carbon dioxide which has been identified as one of the major contributor to global warming and ozone layer depletion. These carbon dioxide combine with ozone in the atmosphere to chlorofluorocarbons which depletes the ozone layer responsible for reflecting away dangerous radiation and heat from reaching the earth. The consequence is excessive heat and radia
1 comment
Read more