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  • /r/Stellar Daily Chat Thread September 20, 2021
    Welcome to r/Stellar Daily Chat! Please share the latest Stellar product news & announcement speculations in this thread. Must Read Stellar Roadmap r/Stellar Rules Getting Started Learn Stellar Scam Alert There are NO airdrops, giveaways, staking, inflation mechanisms, or 'free lumens'. Beware of MEMO-PHISHING attempts and FAKE AIRDROPS. Do not go to the websites in […]
    /u/AutoModerator
  • Is there any reason to accept Liecoin? September 19, 2021
    Just got an Airdrop for Liecoin, not Litecoin - should I accept? The site seems to lack any info. The whole thing seems like a joke. submitted by /u/KenshinManabu [link] [comments]
    /u/KenshinManabu
  • Kelp Noob Question September 19, 2021
    Hey, just a lurker turned poster, Kelp only lets you control spread to 7 digits. Any way to increase this to 8 digits? Ex.: .1234567% vs --> .12345678% This would allow me to test the trading bot at a smaller margin. Thoughts welcome! ​ submitted by /u/uzivert444 [link] [comments]
    /u/uzivert444
  • Stellar.expert page navigation functions? September 19, 2021
    I'm so far behind on stellar, I just found out today how much they have to offer. This whole time I was waiting for smart contracts... from my understanding they already do exist? Looking at the live transactions can see a lot of DEX activity. When googling it's more round about information than I desire. […]
    /u/Wynslo
  • Still cant send NFTs on Stellar September 19, 2021
    Recipient does not accept asset Forgive me, Stellar stuff is new to me but I cant send my buddy an NFT First Freighter wallet was super limited and I could not send out any XLM or NFTs Someone on this subreddit suggest Account Viewer or Stellar Term. The above picture is me trying to send […]
    /u/Ruzindla
  • How to filter transactions by MEMO? September 19, 2021
    I want to look my deposits for exchange address, buy I cant find a option filter with MEMO to distinguish own transactions. submitted by /u/saimneftci [link] [comments]
    /u/saimneftci
  • Anatomy of a Stellar-powered Auction on Litemint + Decentralized, No Escrow, Full SDEX Settlement Auctions Live on Litemint NFT Marketplace September 19, 2021
    NFT owners on Litemint can now run live, time limited auctions with reserve price to further engage with their potential buyers. Litemint auctions are fully decentralized, require no escrow, with full settlement on the Stellar DEX. Check them out on the marketplace, artists are already running several live NFT auctions: https://litemint.com/explore?c=auction&t=Live%20Auctions Twitter announcement post: https://twitter.com/LitemintHQ/status/1438841596976381953 […]
    /u/blockonomy
  • /r/Stellar Daily Chat Thread September 19, 2021
    Welcome to r/Stellar Daily Chat! Please share the latest Stellar product news & announcement speculations in this thread. Must Read Stellar Roadmap r/Stellar Rules Getting Started Learn Stellar Scam Alert There are NO airdrops, giveaways, staking, inflation mechanisms, or 'free lumens'. Beware of MEMO-PHISHING attempts and FAKE AIRDROPS. Do not go to the websites in […]
    /u/AutoModerator
  • Weekend Game development log with Video (City Gameplay) 2021-09-17 September 18, 2021
    submitted by /u/citystates [link] [comments]
    /u/citystates
  • Stellar (XLM) DeFi & Smart Contracts (TSS)!!! YBX Airdrop!!! YieldBlox Protocol!!! September 18, 2021
    submitted by /u/ViewCryptos [link] [comments]
    /u/ViewCryptos

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.