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  • “Sources say Facebook entered fruitless talks with startups Tendermint and Stellar” June 14, 2019
    submitted by /u/cryptocaptain777 [link] [comments]
    /u/cryptocaptain777
  • I think i lost my Stellar June 14, 2019
    So today i tried to transfer stellar from blockchain to coinbase, and i didnt read the thing about memo, so i just wrote "mone" in memo, after not receiving the Stellar, i checked whats wrong, and so yeah, the stellar is gone from my wallet, but not in to my coinbase wallet, i did however […]
    /u/GoobeTheRealmer
  • r/Stellar Daily Chat - Friday June 14, 2019 June 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
  • Smartlands and Archax partner for trading of Smartlands issued Security Tokens on upcoming Archax Exchange June 13, 2019
    submitted by /u/benpoulter51 [link] [comments]
    /u/benpoulter51
  • Solar wallet v0.19.0 released June 13, 2019
    Main changes Inspect historic transactions Design improvements A bunch of bug fixes and small improvements ​ And... the desktop app uses same icon as mobile now 🌅 Download on https://solarwallet.io/ Announcement tweet: https://twitter.com/Solar_Wallet/status/1139156716283580416 Full changelog: https://github.com/satoshipay/solar/releases/tag/v0.19.0 submitted by /u/andywer [link] [comments]
    /u/andywer
  • Vulnerabilities of Stellar June 13, 2019
    Hi guys, I'm a frequent lurker on this subreddit and potential Stellar user in the future (we're thinking on using the Stellar network for our company in one or two ways). I found an interesting article about crypto vulnerabilities on medium (https://medium.com/@dsl_uiuc/fake-stake-attacks-on-chain-based-proof-of-stake-cryptocurrencies-b8b05723f806) and tried to reproduce if said vulnerabilites also touch Stellar. As I don't […]
    /u/schnicograben
  • r/Stellar Daily Chat - Thursday June 13, 2019 June 13, 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
  • Maybe a silly/naive question, but with inflation and large drops is it possible for Lumens to reach prices like Ethereum has? June 13, 2019
    submitted by /u/afewquickqs [link] [comments]
    /u/afewquickqs
  • How to fund the issuing account on the public network June 12, 2019
    Everywhere I go, I only see how to do it for the test network. I would like to fund it for an ico on the public network. submitted by /u/coolguy985 [link] [comments]
    /u/coolguy985
  • AMA with SureRemit - June 14 @ 12:00GMT (8:00AM EST) June 12, 2019
    SureRemit's 'Laolu Samuel-Biyi and Selwijn Paehlig will be joining /r/Stellar on Friday to answer any questions you may have about SureRemit. Join us in this thread on Friday, June 14 at 12:00GMT (8:00AM EST) with your questions! ​ Verification: https://twitter.com/SureRemit/status/1138909958186123267 Twitter: https://twitter.com/sureremit Reddit ID: /u/SamuelRemit Samuel Biyi, Director Remittances @ SureRemit /u/SelwynSR Selwyn Paehlig, Global […]
    /u/StellarZac

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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.