Matt Odell is the co-founder of CoinPrices, a site that delivers news and analysis on cryptocurrencies.
All Stellar reviews by expert Matt Odell.
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.Full review
Stellar famously brags about distributing 20% of Stellar to Bitcoin holders but required us to tie our Bitcoin addresses to our identities to claim them. They also blocked all U.S. users from participating through a FB-based KYC method, if I recall correctly. Stellar is a joke.
*yawn* Stellar is a joke.Full review