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  • /r/Stellar Daily Discussion Thread December 2, 2024
    Welcome to the Daily 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 Stellar Smart […]
    /u/AutoModerator
  • Lumen most marketable name for currency? December 1, 2024
    The only marketable names I can think of for an actual digital currency that gets used on a mass scale are Stellar lumens or bitcoin. "Just sent you the lumens." It just sounds right. All the others have weird acronyms or things that don't roll off the tongue for a digital currency. Just a little […]
    /u/PoppingTheBubble
  • USDC on centralized exchanges December 1, 2024
    Why are there so few exchanges that accept USDC on Stellar Network? I only found Binance. submitted by /u/wittyiron7247 [link] [comments]
    /u/wittyiron7247
  • /r/Stellar Daily Discussion Thread December 1, 2024
    Welcome to the Daily 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 Stellar Smart […]
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  • 10k in at 0.5? December 1, 2024
    Nobody has a magic 8 ball, would this be a wise move right now? I see that it’s been moving sideways the past couple of days, it looks like it pulled back to .44 then it’s been steadily .49-.51. Do you think there will be another pullback? submitted by /u/Pretend_Crow_9952 [link] [comments]
    /u/Pretend_Crow_9952
  • Circulating Supply SDF December 1, 2024
    Any previous discussion on the release of maximum supply into the circulating supply like during the recent price rise the circulating supply is gradually rising around the 0.5 price submitted by /u/crazybort [link] [comments]
    /u/crazybort
  • Sponsored reserved on Stellar Blockchain November 30, 2024
    I recently noticed I was a sponsored reserve on Stellar. Can anyone explain to me if this is a benefit to me? The tokens are in a liquidity pool and from what I understand the activity and earnings generated by my coins are now controlled by the account I have sponsored. Do I receive any […]
    /u/Fit-Entertainer3943
  • Aqua’s place in stellar system November 30, 2024
    How many of you are savvy to the aqua token? I got in during the early release and kinda forgot about it. I know it “provides liquidity” but is this something the community sees being important to the ecosystem long term? I never see it talked about but I use LOBSTR wallet and it seems […]
    /u/realistidealist98
  • Stellar an investment that does good November 30, 2024
    Hello, I have owned stellar since it was 0.11 A nice gain in perspective, but I will not exit the market, big things are being prepared, particularly with the election of Trump A technology under control for the moment in my opinion What do you think of this investment? submitted by /u/Nbinvestreadyforwin [link] [comments]
    /u/Nbinvestreadyforwin
  • /r/Stellar Daily Discussion Thread November 30, 2024
    Welcome to the Daily 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 Stellar Smart […]
    /u/AutoModerator

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.