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  • /r/Stellar Daily Price Chatter Thread December 5, 2021
    Welcome to r/Stellar Daily Price Chatter Thread! This thread is for chatting with community members about price and market speculation. 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 the memo-field. Stellar Development Foundation will NEVER contact […]
    /u/AutoModerator
  • /r/Stellar Daily Chat Thread December 5, 2021
    Welcome to r/Stellar Daily Chat Thread! This thread is for chatting with community members, helping newcomers with their questions, posting memes, and a place to share speculation about upcoming announcements. 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 […]
    /u/AutoModerator
  • Looking to advance Stellar knowledge but a bit confused about Tokens December 4, 2021
    Currently holding a bunch of XLM. I feel confident about Stellar and XLM. The tokens is where I get a little confused. If buying tokens then you I assume you are still technically holding XLM? If I bought some tokens then I would essentially be moving out of XLM and then be at the expense […]
    /u/KaptainKopterr
  • /r/Stellar Daily Price Chatter Thread December 4, 2021
    Welcome to r/Stellar Daily Price Chatter Thread! This thread is for chatting with community members about price and market speculation. 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 the memo-field. Stellar Development Foundation will NEVER contact […]
    /u/AutoModerator
  • /r/Stellar Daily Chat Thread December 4, 2021
    Welcome to r/Stellar Daily Chat Thread! This thread is for chatting with community members, helping newcomers with their questions, posting memes, and a place to share speculation about upcoming announcements. 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 […]
    /u/AutoModerator
  • /r/Stellar Daily Price Chatter Thread December 3, 2021
    Welcome to r/Stellar Daily Price Chatter Thread! This thread is for chatting with community members about price and market speculation. 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 the memo-field. Stellar Development Foundation will NEVER contact […]
    /u/AutoModerator
  • /r/Stellar Daily Chat Thread December 3, 2021
    Welcome to r/Stellar Daily Chat Thread! This thread is for chatting with community members, helping newcomers with their questions, posting memes, and a place to share speculation about upcoming announcements. 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 […]
    /u/AutoModerator
  • Stellar's Tech Strategy V.P, Tomer Weller to speak at TNABC Miami 2022. December 3, 2021
    Looking forward to meeting and listening to him at the conference. Stellar fam, are y'all joining me there? https://preview.redd.it/s7sqrixlx8381.png?width=882&format=png&auto=webp&s=8d928975b14e7a769d5f59d9d82126162895dd76 submitted by /u/kr8zytiger [link] [comments]
    /u/kr8zytiger
  • Why I think the MGI integration is huge December 2, 2021
    The MGI pilot is probably the most tangible deal the SDF has made in the US, and I think it’s awesome because it allows people to turn cash into crypto. Imagine being able to take quarters you find around the house and farm them for yield on an AMM or lending pool? Every few months […]
    /u/masterofdead4
  • Stellar FUD Museum December 2, 2021
    Hey r/Stellar! I wanted to aggregate some of the FUD that we see about stellar, SDF, and the ecosystem so we can create a comprehensive list of the misinformation and correct it. I remember u/KodineDreamin had requested something like this. Please post some of the FUD and misinformation you hear in this thread so we […]
    /u/ExactStart

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.