Having spent time looking through various established Block-chain systems, the UK Network and The UK Online has concluded that Stella Block-chain is the closest fit to our present requirements.
Our present requirements are as follows:
Block-chain technology should be capable of providing:
- A stable system.
- A system that has longevity built into its construction.
- A system that can evolve.
- A system that allows the development of applications that we can design for ourselves.
Provide capability for individual sovereign power & responsibility within our system.
- For monetary wealth.
- For monetary storage and transference.
- For material assets.
- A decentralised monetary system.
- A system that can not be controlled by banks or governments.
- A system that allows for the creation of a token coin.
- A system that can link to other financial monetary systems.
Learn about Stella Block-chain
If you would like to learn about the Stella Block-chain, click on the picture below to go to a very good educational site that walks you through learning about the Stella Block-chain, in an easy to understand way.
With the Stella network meeting our requirements, the next point to clarify is what wallet to use.
We have chosen Lobstr Wallet for the following reasons:
- LOBSTR is an easy way to get started with cryptocurrencies and the concept of running your own bankinf type of system.
- Desktop & mobile apps; you can manage funds anytime and anywhere with their mobile and web apps.
- Safe and secure; They have highly secure storage for the Stellas native coin and other digital assets, offering 2FA and multisig protection.
- Simple & clean Nice design, simple interface, clear instructions and helpful tips. LOBSTR is an easy way to get started with crypto.
While there are other Stella wallets available, that may have increased or additional specific qualities or features to them, we will not be recommending them, nor advising against them. We simply do not know enough about them to make any sort of informed statement.
From the research we have engaged in, we are comfortable with the features of the Lobstr wallet as the starting point for most people to start to take control of their financial requirements, based on the sovereign format we have designed for our platforms.
Click on the picture below to be taken to the Lobstr website, where you can download their wallet and read up about its functions.