About STARK CHAIN

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Network
Address

BNB Smart Chain

0xE23D36F4805A405d6eA5021B623D0A5FD2075307

Price history

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FAQ

STARK CHAIN (STARK) is a mining software that can be used and installed on any computer within a few minutes without having any technical or software knowledge. The platform seeks to eliminate the commercial integration of cryptocurrencies by utilizing the Alphanumeric Memo feature. STARK CHAIN aims to provide an opportunity for easy integration in commercial systems and allow the easy usage of crypto money throughout the e-commerce sector. Also, the decentralized structure, smart contract features, and algorithm structure help the platform differentiate from other coins.

The cryptocurrency industry was facing problems of integrating cryptocurrencies in e-commerce as it requires hefty fees and a workforce. For example, if the customer wants to pay with Bitcoin, the system creates a bitcoin walletfor every customer. When the customer pays through a Bitcoin wallet, the company withdraws BTC from their wallet into their pool and pays fees. As the whitepaper suggests, the reason STARK CHAIN is here is to help commercial enterprises and companies aim to integrate cryptos into their systems. When the user pays with crypto, the amount comes to the pool. The customer can write the ID code on the STARK Memo feature. The ID code identifies where the payment is coming from and the product the customer is trying to purchase.

STARK is a BEP-20 tokenthat serves as the platform's official cryptocurrency. The token possesses unique technical features and algorithms designed as a decentralized application(DApp) on the BSC network. BSC is a platform that facilitates decentralized, fast trading. Furthermore, the STARK coin is utilized in mining, where users can stake and mine from their personal computers. Any user can perform individual mining if they have staked sufficient STARK and have an internet connection on the computer. Also, the users can opt for pool mining if they do not have a computer and want to mine with a small amount.

Overall, STARK CHAIN has two essential features. The first is proof-of-active consensus that seeks to allow users to mine from an average PC without prior knowledge and skills. Second, the MEMO feature aims to help overcome the difficulties of integrating cryptos in the e-commerce space.

The project was born in April 2020, and later in May 2020, the project's planning phase began. After that, in June 2020, the STARK CHAIN algorithm was created. July 2020 marks the determination of features in the contract, and in August 2020, the project was started after the long teamwork of the developer team.

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