A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations.
STELLAR NETWORK:
The Stellar network is an open-sourced, public blockchain powered by the Stellar Consensus protocol (SCP), a proof-of-agreement (PoA) consensus mechanism. The Stellar network is faster, cheaper, and far more energy-efficient than many other blockchains.
Its core design makes it easy to create and issue digital assets that enable rapid payments at low-cost around the world. The Stellar network allows you to create your own currency or token within the network and distribute it digitally on a large scale. On the Stellar blockchain, you can create, send, and trade digital representations of almost any form of value such as – US dollars, Argentine pesos, gold, and real estate. Then, the network acts as a bridge that connects financial systems and makes global interoperability a reality.
PI NETWORK:
Pi network is the first decentralized web3 mobile mining Blockchain with an application that lets the largest communities earn Pi Coins by doing simple task on their phones daily.
Pi digital currency is for everyday people. PI network takes a different approach. The Blockchain validates transactions by operating an algorithm based on Stellar Consensus Protocol (SCP), and an algorithm called Federated Byzantine Agreement (FBA).
The relationship between PINETWORK and Stellar network is described as a collaboration between two major powers in the crypto world. PiNetwork’s decentralized web3 network, the platform behind Picoin, brings a large and vibrant community of pioneers, while Stellar provides technical infrastructure for logical and efficient block transactions. Cooperation between two blockchain networks has the potential to open up new opportunities and even transform the way we use crypto. Currently, PiNetwork is preparing to roll out its flagship public network, and the partnership with Stellar Star is expected to take a new step in the crypto world and be able to integrate data between both projects. This could open the way for more complex and diverse digital financial services delivery, and potentially uproot the traditional financial industry.
In addition, these collaborations could impact areas beyond finance, such as smart contract upgrades, decentralized applications, and supply chain management solutions. It’s a combination of community and technology that promises new opportunities and has potential to change the way we use digital currency.
We’ve heard about Soroban, Stellar, PiNetwork and Horizon. What is the relationship between them?
Soroban, Stellar, PiNetwork, and Horizon are all essential parts of the blockchain and crypto ecosystem. Here are some basic information and the relationship between them.
Soroban, Stellar, PiNetwork, and Horizon are all essential parts of the blockchain and crypto ecosystem. Here are some basic information and the relationship between them:. A new smart contract platform implemented on the Stellar network allows it to build, deploy, and interact with decentralized applications (dapps) on the Stellar networks.
Stellar Star Network, an open source and decentralized platform that supports fast and efficient asset conversion and transactions. Stellar provides infrastructure for Soroban smart contract deployment.
PiNetwork: Official partnering with V20 Stellar update, a crucial step in the mission to democratize global financial access. The partnership has driven the improvements of Soroban V20 and Horizon V20, which promise unprecedented speed, security and efficiency, paving the way for a global digital financial system inclusive Server API used by Stellar Star to interact with other nodes in the network and provide information about transactions and account. PiNetwork can interact with Horizon servers at Stellar to gather information about anchor transaction data. Speed, security, and efficiency paves the way for an inclusive global digital financial system.
The API server used by Stellar Star is used to interact with other nodes in the network and provide information about transactions and accounts. PiNetwork can interact with Horizon servers in Stellar to collect information about anchor transaction data.
Their relationship is collaboration and integration, thus creating a strong global digital financial system where everyone can access and use financial services transparently and efficiently. Soroban boosts Stellar capabilities through smart contracts, while PiNetwork and Horizon work together to improve network speed, security, and scalability.
Like I often said, if you don’t need pi network digital asset today, you will certainly need it tomorrow. Think and rethink…
*AFRICAN PARROT TV*
*Etoppy*
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