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Stellar

Stellar is a cryptocurrency founded in early 2014 by Jed McCaleb and Joyce Kim. Stellar is a fork of XRP that is focused on connecting banks, payment systems, and people.

Finance and payments Decentralized exchange

πŸ’© 44%

Reviews for Stellar

πŸ”‘ 7 positive | πŸ’© 9 negative

πŸ’©

Stellar didn't understand most of the Ripple tech they took. Their ledger forked when they violated the constraints of the consensus protocol.

2018-02-11 | Full Review

πŸ”‘

[Stellar's] perspective is serving smart assets and decentralized exchanges. They've spent more time on the layers of the settlement, leading to a fast and diverse set of financial applications that can be built on top of XLM.

2018-01-06 | Full Review

πŸ”‘

The biggest competitors for LTC and BCH? Stellar and RaiBlocks. These coins were architected for payments that provide low / zero fees, high throughput, and fast confirmation. They provide these solutions today, and there are no hidden tricks like subsidizing transactions.

2018-01-01 | Full Review

πŸ”‘

I like Stellar better than Ripple. Both are more centralized than PoW coins like Bitcoin and Litecoin. I don't think it's a scam. :D

2018-01-29 | Full Review

πŸ’©

It is all a trap for retail investors to get robbed.

Stellar is there because Stellar and Ripple are equally Ponzi schemes. Stellar is a Ripple fork started by Jed McCaleb, the guy who started Mt. Gox. Jed is the king of getting hacked and disappearing with the money.

2018-01-06 | Full Review

πŸ’©

I reread this piece from late 2015 on the Stellar / Ripple drama. The fact that both companies are alive and well today took me by surprise.

2017-12-14 | Full Review

πŸ’©

Stellar seems designed for value transfer. It's not the architecture I'd use for data-intensive supply chain applications.

2018-07-30 | Full Review

πŸ”‘

Stellar and its tech will continue to be one of the most successful crypto-related endeavors.

Ari Nazir, Managing Partner at Neural Capital

2018-07-07 | Full Review

πŸ”‘

Other things I am excited about: MobileCoin is quietly rearchitecting the Stellar Consensus Protocol to have strong privacy guarantees....

2018-08-09 | Full Review

πŸ’©

The Stellar platform itself doesn't "suck" in the same way that the Ripple platform itself doesn't suck.

What sucks is that they decided to create a useless and worthless utility token for their financing instead and forced it on Stellar users instead of just tech.

2018-09-18 | Full Review

πŸ’©

To the folks at Stellar who are struggling with the very hard problem of fairly issuing a new currency: I am delighted to inform you that a certain S. Nakamoto solved the problem many years ago with a mechanism called "Proof of Work."

Nic Carter, Partner at Castle Island Ventures and Co-creator of Coinmetrics

2018-11-06 | Full Review

πŸ’©

Premined tokens like Stellar don't have a natural distribution mechanism like Bitcoin's, so they have to pump the price and "give away" a million dollars "worth of" tokens.

2018-11-06 | Full Review

πŸ’©

Why is Stellar a shitcoin?

- 1. Too centralized to ever be truly censorship resistant.

- 2. Will probably be regulated into obsolescence eventually.

- 3. Airdrop required KYC.

- (4) Centralized tokens running on your chain don't add value, they can switch chains relatively easily.

2018-12-22 | Full Review

πŸ”‘

Stellar is designed specifically for tokenizing assets, which anyone can do by being an anchor on the network. It has a built-in order book for decentralized asset exchange. Its consensus model, SCP, strikes the right balance between decentralization and trust.

2018-09-10 | Full Review

πŸ”‘

Lumen (XLM) - called Stellar by some - though Stellar is the name of the network that created the coins. One of the fastest and cheapest crypto transactions. Lumens facilitate the financing of Third World projects and is called by some β€œThe next Bitcoin”.

John McAfee, Software developer, founder of McAfee, CEO of MGT Capital Investments Inc.

2018-01-15 | Full Review

Finance and payments comparison

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Decentralized exchange comparison

See how Stellar compares with other decentralized exchange cryptocurrencies.