Cryptocurrency for the Good: Stellar Network and HelpCoin
Good afternoon! This paper about HelpCoin project and its fundamentacion base, about Stellar Network. We will tell easy and clearly, so that everyone understands.
What is the Stellar?
Stellar Network (or Stellar Lumens) was born in 2014 as Ripple fork. Unlike the original, it’s decentralized. And this Network has new goals: instant multi currency and cross-border transfers money, actives etc., “Fighting Poverty” that Stellar developers said. If you ask about the difference between Ripple and Stellar, Ripple is centralized network. But if we say about Stellar, you can install node and help network to work.
Stellar has built-in asset exchange. This solution protects network users from theft of their assets through centralized exchanges. As you know, in the years 2017–2018 there were many hacks of both large and not very exchanges.
Another advantage of the Stellar network is low fees. You can learn more about the mechanism of network fees on the site Stellar.
Why did the HelpCoin project choose the Stellar Network?
Network has an advanced system of smart contracts. Using it, the HelpCoin token is emitted. And with its help the project platform will be implemented in the future.
Remember, it’s charity platform that will help people.
Because cryptocurrencies can be good!
Because cryptocurrencies are able to do good and help people: HelpCoin, Cryptocurrency Donations and Social Impact!
The platform implements, through smart contracts, interaction between benefactors and those in need of financial assistance. What does this give to each side?
- Full transparency. Every step of the movement of funds can be traced at any time.
- Community control. Any submitted application for charity can be canceled by community members.
- Expert performance. Every active application is accompanied by a real, functioning charitable foundation.
- Correct usability. The project promotes the use of cryptocurrencies, creating a positive vision in the eyes of the public.
- Real help. Most importantly, people who need help do find it.
This is not all what the platform is created for. We are building a future where cryptocurrencies are not just hype but a useful tool for every member of society. It is not enough to speculate in exchanges. We must create technology the way it was described in 2009.
We are not a revolution, but what cryptocurrency should be today for them to have a future.
If you are interested in cryptocurrency, if you want to look at something new, then join us!
Join our community and help us increase philanthropy in society
Follow us on Twitter
***
If you liked this article, give it a bundle of “clap” to help people discover it!
