Charlie Lee on Stellar

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Charlie Lee is the creator of Litecoin, a fork of Bitcoin. Previously, he was the third employee at Coinbase, where he was Director of Engineering, and before that, he was a software engineer at Google.

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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

Stellar reviews by Charlie Lee

πŸ”‘ 1 positive | πŸ’© 1 negative

2019

  • πŸ’©

    50B XLMs burned were supposed to be distributed to the community. Stellar Development Foundation only burned 5B of their own 17B XLMs. This means SDF increased their percent of total coins from 16% (17/105) to 24% (12/50).

    And they did this without any community discussions

    2019-11-05 | Full Review

2018

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πŸ”‘

One of the few coins I'm excited about, with an innovative solution to decentralized governance. Decred is basically Dash done right. πŸ˜‚ Consensus is more decentralized than Dash and is enforced.

2017-03-15 | Full Review

πŸ’©

How did [Cardano] become a $10B coin when it's only 3 months old and the only major exchanges trading it is Bittrex and Binance and without even any fiat trading pairs?

Either the market is crazy or Cardano will end world hunger.

2017-12-16 | Full Review

πŸ”‘

I took a look at Nano currency recently. Pretty neat. Every account has its own blockchain. It focuses on fast and free transactions for payments. Uses PoS for double-spend protection and PoW to fight spam. The challenge is to keep it decentralized.

2018-02-28 | Full Review

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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

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