What is the stride coin project?
Stride Coin is an innovative cryptocurrency project that seeks to revolutionize the way we think about digital currency. The team behind Stride Coin believes that blockchain technology can be used to create a secure, decentralized and user-friendly platform for transactions and payments. Unlike other cryptocurrencies, Stride Coin utilizes its own unique consensus mechanism called Proof of Stake (PoS) which makes it more secure than traditional PoW coins like Bitcoin or Ethereum.
The main goal of the project is to enable users to make fast, low cost payments without having any trust in third parties such as banks or financial institutions. This will ultimately lead to improved efficiency in terms of both time and money saved on transaction fees compared with traditional payment methods such as credit cards or wire transfers. In addition, the use of smart contracts allows for greater flexibility when it comes to making transactions since they are executed automatically once certain conditions have been met by both parties involved in the transaction process - meaning no middleman necessary!
Furthermore, one key benefit associated with using StrideCoin is its scalability; unlike most popular blockchains out there today which can only handle a limited number of transactions per second (TPS), this platform has been designed specifically so that it could potentially scale up exponentially over time depending on how many people decide join their network – allowing them access even faster speeds than what’s currently available from other projects like Bitcoin Cash & Litecoin! Finally another great feature worth mentioning here would be their staking rewards system where holders who keep their coins locked away receive regular payouts based off how much they have invested into STRD tokens– giving them an added incentive beyond just being able hold onto something valuable long term too!