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  • r/Stellar Daily Chat - Tuesday July 16, 2019 July 16, 2019
    Welcome to r/Stellar Daily Chat! Please share the latest Stellar product news & announcement speculations in this thread. Must Read Stellar Roadmap 2019 r/Stellar Rules Getting Started Stellar Syllabus My Lumen FAQ Inflation FAQ Scam Alert Protect yourself against scams and media impersonators!! Stellar Development Foundation will NEVER ask your Secret Key unless in the […]
    /u/AutoModerator
  • StellarX XLM Giveaway - Via Twitter July 15, 2019
    https://twitter.com/stellarxhq/status/1150805870634307586 submitted by /u/kehaar [link] [comments]
    /u/kehaar
  • Stellar blockchain-based tradable items available in Litemint with cross-currency payments July 15, 2019
    Hello Everyone, ​ Here is another update from Litemint as the blockchain-based tradable collectible feature is now live. Feature description Game developers can now issue blockchain-based assets as in-game collectibles. Players can then freely trade them on the Stellar DEX or buy them from the game shop. The game shop automatically finds the best offer […]
    /u/blockonomy
  • Stellartorch.com is now live! July 15, 2019
    The Stellartorch now can be tracked on Stellartorch.com. It shows how it travels the world, how many people have held it, the distance covered and fee paid. For more information on the Stellartorch see this previous post. In short, it's a transaction that travels the world like a relay baton (from person to person). ​ […]
    /u/PickingUnicorns
  • r/Stellar Daily Chat - Monday July 15, 2019 July 15, 2019
    Welcome to r/Stellar Daily Chat! Please share the latest Stellar product news & announcement speculations in this thread. Must Read Stellar Roadmap 2019 r/Stellar Rules Getting Started Stellar Syllabus My Lumen FAQ Inflation FAQ Scam Alert Protect yourself against scams and media impersonators!! Stellar Development Foundation will NEVER ask your Secret Key unless in the […]
    /u/AutoModerator
  • Is it allowed to buy stellar with paypal? July 15, 2019
    I mean can I put my post here if I wanted to buy some? submitted by /u/madalinui [link] [comments]
    /u/madalinui
  • ClicYourWorld on Twitter July 14, 2019
    submitted by /u/ROCKLEEKR [link] [comments]
    /u/ROCKLEEKR
  • r/Stellar Daily Chat - Sunday July 14, 2019 July 14, 2019
    Welcome to r/Stellar Daily Chat! Please share the latest Stellar product news & announcement speculations in this thread. Must Read Stellar Roadmap 2019 r/Stellar Rules Getting Started Stellar Syllabus My Lumen FAQ Inflation FAQ Scam Alert Protect yourself against scams and media impersonators!! Stellar Development Foundation will NEVER ask your Secret Key unless in the […]
    /u/AutoModerator
  • Question about buying and storing XLM July 13, 2019
    So I’m just starting out diversifying my investment portfolio with some cryptocurrency, and I just have a couple questions to make sure I’m not making any major mistakes. New York appears to be an absolute shitshow of red tape, and I cannot purchase XLM directly from Coinbase at the moment. After some research, I found […]
    /u/provocative_taco
  • Lumenaut inflation went down by almost 10 % 3 months ago July 13, 2019
    I just checked my stellar account viewer (no transaction or changes in the past 6 months). 3 months (precisely 14 payouts ago - difference 15th last to 14 th last ~ 3.5 % decrease ) ago the lumenaut.net inflation payout was reduced by almost 10 % and stayed on that level. Can anyone explain to […]
    /u/mad-de

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What Is Stellar ?

Jed McCaleb who also created eDonkey and Joyce Kim founded in early 2014 an open-source protocol for value exchange purposes, called Stellar. Some of its board members and advisory board members are Patrick Collison, Matt Mullenweg, Keith Rabois, Joi Ito, Greg Stein, Naval Ravikant and Sam Altman. The Stellar Development Foundation supports the Stellar protocol.

There are various nonprofits and businesses in the developing world who started to use Stellar as financial infrastructure. Praekelt Foundation, for instance, wants to incorporate Stellar into Vumi, its open-source messaging app, with the purpose of allowing girls from the Sub-Saharan Africa to save money in the form of airtime credits.

Oradian is a cloud-based banking software company that wants to use Stellar as means of connecting microfinance institutions (or MFIs) from Nigeria.

 

More partnerships were announced in December 2016, in countries like India, West Africa and the Philippines.

Stellar and IBM formed a partnership in October of 2017 to speed up the global payments.

When it was launched, Stellar was based on the Ripple protocol. Stellar separated when it made critical changes to the consensus code. Joyce Kim, Stellar’s co-founder, said in the aftermath that the Ripple protocol was flawed, however the declaration was questioned by Stefan Thomas, of Ripple Labs CTO, in a blog post.

 

After this, the Stellar Development Foundation wrote a brand new code, thus updating the protocol with a new consensus algorithm. This new code and whitepaper were announced in April 2015, while the upgraded network was finally available for accessing in in November 2015.