The Stellar Dolphin fork is scheduled for August 30th. The opinions of the crypto community are divided. Reddit users are sure that Dolphin is a scam with empty promises; the developers are convincing of the need for a fork and new features.
A flexible platform with its own token - Stellar Dolphin with XDM should be released on August 30th. The project will be developed by Stellar Lumen Commonwealth.
The Stellar Dolphin project team is going to provide lower commission fees, a modified core mechanism for settling transactions and balances, and add protection against spam transactions. In general, the new fork is designed to solve the main security problems associated with spam transactions and strengthen the decentralization of the platform. Over time, the developers promise to launch a P2P marketplace that will allow the use of cryptocurrencies, fiat, and securities for instant and secure transfers.
XDM is Blockchain Stellar Lumen assets and currency code. The protocol will provide increased security for smart contracts and mobile applications for ease of use.
All XLM holders will receive XDM in a 1:1 ratio for free, for this it is enough to have XLM altcoins in their wallet balance. If you keep XLM during a fork on exchanges, you will not be able to get XDM unless the exchanges announce support for XDM.
In total, it is planned to issue 100 billion coins, of which 69 billion tokens will be distributed, another 31 billion coins will be reserved for the further development of the project. 20 billion allocated for presale. 1XLM = 400XDM.
The project team promises users a trading platform, a mobile wallet and an API for smart contracts this year. However, Reddit users are confident that these are empty promises, the airdrop will not happen and Stellar Dolphin is a scam.
Despite the abundance of rumors and controversies surrounding the project, last month Stellar Lumen showed the best performance against the backdrop of an unstable market. The price of the asset increased by 85% in two weeks from 0.18 to 0.33 cents.
At the time of publication, the average price is 0.21 cents, market capitalization $3,958,377,714 USD, average daily trading volume $120,522,671 USD.
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