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  • Introduce Keybase/Stellar to non-crypto friends November 20, 2019
    Talking about crypto to "non-crypto people" is a lengthy and intensive process. I think I found a way to softly intro non-crypto people. Please help by inviting your Facebook friends! https://www.facebook.com/events/571578246926016/ submitted by /u/bdgold [link] [comments]
    /u/bdgold
  • XLM seamlessly converted to MXN💸 in seconds at real-time rates via @wirexapp November 20, 2019
    submitted by /u/Billbaileyshaved [link] [comments]
    /u/Billbaileyshaved
  • r/Stellar Daily Chat - Wednesday November 20, 2019 November 20, 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 Scam Alert Protect yourself against scams and media impersonators!! Stellar Development Foundation will NEVER ask your Secret Key unless in the official website. […]
    /u/AutoModerator
  • Question about coinbase and XLM. November 19, 2019
    I put the wrong memo when moving my money to coinbase. I already sent something to support to get it resolved. My question is, can I still send XLM to that account? It’s showing the same memo number (I was one digit of when transcribing it the first time), and I don’t want to do […]
    /u/Yourlordandxavier
  • Started to work on a poker game where you can play with other players for XLM (testnet). Considering adding more features and crypto-currencies. Thoughts? November 19, 2019
    submitted by /u/buhrmi [link] [comments]
    /u/buhrmi
  • XLM Equilibrium? — discussion not prediction November 19, 2019
    Following last days' discussion about the price of XLM, I started thinking about it and crunching some numbers. The TL;DR is that I think the equilibrium price of XLM is somewhere around/between $1-$5. I argue that if it's much lower or much higher, the project will fail without adjustments. Basically, if it's too low, it […]
    /u/mojoflower
  • r/Stellar Daily Chat - Tuesday November 19, 2019 November 19, 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 Scam Alert Protect yourself against scams and media impersonators!! Stellar Development Foundation will NEVER ask your Secret Key unless in the official website. […]
    /u/AutoModerator
  • Path Payment Strict Receive November 19, 2019
    I'm using testnet of Stellar for testing purposes. I need to know that amount which accounts do I need to do a change_trust transaction, before doing path_payment_strict_receive between two accounts with two paths? submitted by /u/hasnainali1 [link] [comments]
    /u/hasnainali1
  • Stellar Dev Digest: Issue #22: Stellar Community Fund Round 3, New Implementation of Stellar Core, Fireside Chat w/ Jed McCaleb & Denelle Dixon. November 18, 2019
    submitted by /u/_kolten [link] [comments]
    /u/_kolten
  • New Photons distribution scheduled for 2019-11-25 November 18, 2019
    As mentioned in the initial post introducing Photons, each week we will publish the Distribution List for the previous week’s contributions. After the first week, we will publish the Distribution List (in a csv) to provide transparency about how points are awarded. The list will only include people who earned karma during the prior week, […]
    /u/CommunityPoints

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.