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  • /r/Stellar Weekly Discussion Thread May 12, 2024
    Welcome to r/Stellar Weekly Discussion Thread! Please utilize this thread for all general discussions about Stellar, market speculation about XLM, memes, and speculation about upcoming announcements or projects! ​ Stellar Communities Discord: Stellar Developers - Official SDF Discord: Stellar Global - For Everything Stellar r/XLM - Sister Subreddit ​ Must Read Learn about Stellar Basics […]
    /u/AutoModerator
  • Gladius Demo May 11, 2024
    Hi everyone, Exciting news from the Gladius team! We've successfully completed all our deliverables for SCF#23. We're thrilled to showcase our progress with a demo of one of the first implementations using the Soroban ERC721 NFT standard. This is a significant milestone for us, and we're eager to continue our journey by applying to the […]
    /u/New_Cardiologist9127
  • Meme coins on Stellar $XLM May 11, 2024
    Can there be meme coins created on Stellar similar to the what we have been seeing on Solana and Base recently? Now that Soroban is out what is stopping us from creating a thriving meme coin ecosystem and getting some more demand for $XLM? Thoughts? submitted by /u/DengenDengenson [link] [comments]
    /u/DengenDengenson
  • Stellar donation campaign to help those affected by mass flooding in Brazil. Organized by the team behind Cheesecake Labs. Any help is appreciated. May 11, 2024
    submitted by /u/raphlf [link] [comments]
    /u/raphlf
  • SCF’s Implementation of NQG—On Mainnet! Open-Source! May 10, 2024
    submitted by /u/lumen_loop [link] [comments]
    /u/lumen_loop
  • Litemint Announces Integration with Soroban Domains May 10, 2024
    submitted by /u/raphlf [link] [comments]
    /u/raphlf
  • Most Transparent Airdrop Ever | Phoenix DeFi Hub May 10, 2024
    submitted by /u/lumen_loop [link] [comments]
    /u/lumen_loop
  • Merge Tool not working May 10, 2024
    Hello, despite several attempts, the Merge Tool on my LOBSTR wallet did not work - does anyone have any ideas on how to make it work. submitted by /u/Popular-Ice-5936 [link] [comments]
    /u/Popular-Ice-5936
  • Phoenix DeFi Hub Tutorial | Step-by-Step Guide May 9, 2024
    submitted by /u/lumen_loop [link] [comments]
    /u/lumen_loop
  • Stellarterm Added Assets & Trezor Safe 3 May 9, 2024
    Hi all, I wanted to get some VELO and SHX through Stellarterm by trading with the XLMs I have on my Trezor Safe 3. Since Stellarterm didn't have any issue with my Trezor adding those two assets when I needed to create a trustline with them, I was wondering if it meant that I could […]
    /u/EragonShur

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.