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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’© 40%

Reviews for Stellar

πŸ”‘ 6 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

Finance and payments comparison

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Decentralized exchange comparison

See how Stellar compares with other decentralized exchange cryptocurrencies.