The name is derived from the British fiat money - the Pound Sterling. SterlingCoin has been proclaimed as the crypto-coin of the United Kingdom. SLG‘s purpose is to serve what the “real money” is used for – paying and buying goods or services in daily life. The system is decentralized, and everyone who possesses and runs the Sterlingcoin wallets shares the public ledger. Except being determined by the mining, SLG price follows the supply & demand ratio. The interest of 5,5% and a transparent approach advertised by the developers make SLG looking promising. After a hybrid type of proof phase, the coin turned entirely to PoS consensus.
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