[ DO YOU KNOW] INVESTORS CAN CREATE A WALLET TO STORE THE CEC ON THE STELLAR NETWORK.
26/07/2018 - Minh
Investors need to open electronic wallets to store the CEC. The CEC is based on the Stellar Network technology which is much better than the Bitcoin platform.
CEC works on the Stellar Networks platform which is an open source protocol using Blockchain technology. Stellar Network’s Blockchain technology is a cutting-edge technology, helping CECs connect people to banks, payment systems for optimizing in forwarding, multi-currency and asset transactions fast and reliably at an extremely low cost. Transaction costs are only a small fraction of a regular bank transaction.
CEC 's operations are similar to most decentralized payment technologies. CEC runs on a network of distributed servers with an open account ledger that can be used for recording and it can not be changed. The time for updating the ledger is only 2 to 5 seconds across the decentralized system, leading to rapid CEC transactions.
So, in order to create a CEC Wallet, you need to create an account and activate your account on Stellarterm.com first to register and use the CEC wallet.
Basically, investors can do this in two ways:
💻 On the desktop, see the registration instructions at https://coinextra.net/en/Faqs.html
📲 On mobile, see instructions for downloading Apps at https://coinextra.net/en/Faqs.html
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