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  • r/Stellar Daily Chat - Sunday May 26, 2019 May 26, 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 […]
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  • Trouble with Stargazer Wallet May 26, 2019
    I keep trying to withdraw from my wallet but it won’t let me click ‘OK’ on the ‘Review and Submit’ page. I have the address and memo right. Anything else I’m missing? Thanks in advance for any guidance. submitted by /u/SarcasiusMax [link] [comments]
    /u/SarcasiusMax
  • POS Systems/Terminals XLM integration May 25, 2019
    Any updates on point of sale with XLM backend stuff and wallets that can handle this? I see that Nano (XRB) is going full steam into this area and l think that it will really drive adoption. submitted by /u/TFenceChair [link] [comments]
    /u/TFenceChair
  • Satoshi's treasure but for Stellar May 25, 2019
    Hello, this is an idea i had and probably some of you too: What if the SDF makes a game to hunt a treasury like the one known as "Satoshi's Treasure", it would be fun and would attract attention to the Stellar project with little investment compared to the giveaways they have done (1.5Billion XLM […]
    /u/josevc
  • Cosmic.Plus Weekly Review / 2019-05-25 May 25, 2019
    https://cosmic.plus ​ This week I focused on bug fixing and code re-organization. Having an easy to read codebase is an important matter, and things sometimes become messy after a bunch of stuff got implemented. I then worked on the last pieces for implementing anchors & asset addition/removal. I did not want to rush this as […]
    /u/MisterTicot
  • Where to buy things online with your XLM and other tokens May 25, 2019
    Hi Swplug is a non custodian payment plugin that allows you accept payment for your goods and services without paying third parties any fee. I have compiled a list of websites that lets you make payments in xlm and other Stellar based token for cool products and services , you can find them here https://swplug.com/use/ […]
    /u/flarcos93
  • r/Stellar Daily Chat - Saturday May 25, 2019 May 25, 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
  • Stellar Q&A with Jed McCaleb | Blockchain Week NYC 2019 May 24, 2019
    submitted by /u/StellarZac [link] [comments]
    /u/StellarZac
  • SureRemit Community: Weekly Update - May 24th. 2019 May 24, 2019
    submitted by /u/SelwynSR [link] [comments]
    /u/SelwynSR
  • r/Stellar Daily Chat - Friday May 24, 2019 May 24, 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

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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.