What Is Starlink Coin (Latest News About Starlink Coin)
What is Starlink coin? According to official sources, Starlink coin is a decent
What is Starlink coin? According to official sources, Starlink coin is a decentralized application operating system based on blockchain. It solves the current problem of value transfer between public and private clouds through consensus mechanism, distributed computing architecture, and encryption algorithms.
It is reported that Starlink is jointly developed by Peking University’s School of Computer Science and Technology and the China Academy of Information and Communications Technology. It adopts a “mining + destruction” model of commercial closed-loop system. It uses Proof of Work (POW) as the basic mechanism for workload proof and Proof of Stake (POS) as the incentive layer. It ensures the security and confidentiality of transactions through the security of Superledger technology. It also introduces smart contract functionality for direct asset transfer while linking data. It uses the Dpos protocol to make the network more secure.
Latest News About Starlink Coin
According to TokenClub’s announcement, the Singapore Exchange BitBay recently announced the issuance of Starlink (StoC), a decentralized digital currency based on Ethereum. Users can use this token for payment, storage, and trading.
Starlink founder Li Qiwei said, “We believe that over time, we will see new business models and applications emerge.” In addition, the Starlink team is developing a wallet ecosystem based on the Ethereum network called “StarBay.” It is reported that there are currently over 4 million active accounts using Starlink worldwide.
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