Stellar is a public blockchain platform that uses the Stellar consensus protocol (SCP). The node that finds next valid block is chosen by federated byzantine agreement. This makes the blockchain centralized permission based, as opposed to decentralized blockchains like Bitcoin or Ethereum. Stellar is a community driven open source project launched in November 2014 and written on C++. It is maintained and supervised by non-profit organisation Stellar.org.
The main purpose of creating thisShow more [+] ockchain was to expands access to low-cost financial services. Stellar operates with its own token Lumen, supply of which increases a fixed rate of 1% a year. Main difference from Bitcoin is that it is based on the SCP consensus algorithm rather than mining, which means transactions are being confirmed within 2-7 seconds. Stellar has an SDKs that allows users to connect to the blockchain with external software written in Java, Golang, JavaScript, C#, Ruby, Python, Scala, iOS or any other software using REST API. Each transaction has a cost of 100 Stroops (0.00001 Lumens).
Stellar is mainly used by Money transfer companies like Tempo, Eurochange and TransferTo and mobile financial services providers like Coins.ph.
Where Should I Invest My Funds In January? Why Top Analyst Says 1Fuel Over Toncoin And Stellar (XLM)
With the dawn of the new year and the festivities behind, it’s back to business. Investors have started carefully scrutinizing which cryptocurrency is best for their portfolios. Toncoin (TON) and Stellar (XLM) are among the bright spots as the crypto world sees green. However, investors are shifting their focus to the 1FUEL presale as a reliable prospect with an anticipated 500% ROI. The 1FUEL presale has become a common discussion topic and with good reason. The presale has raised over $1 million and is predicted to witness a hefty 100x bump this year. It is set to take the crown The post Where Should I Invest My Funds In January? Why Top Analyst Says 1Fuel Over Toncoin And Stellar (XLM) appeared first on The Merkle News.
With the dawn of the new year and the festivities behind, it’s back to business. Investors have started carefully scrutinizing which cryptocurrency is best for their portfolios. Toncoin (TON) and Stellar (XLM) are among the bright spots as the crypto world sees green. However, investors are shifting their focus to the 1FUEL presale as a reliable prospect with an anticipated 500% ROI. The 1FUEL presale has become a common discussion topic and with good reason. The presale has raised over $1 million and is predicted to witness a hefty 100x bump this year. It is set to take the crown The post Where Should I Invest My Funds In January? Why Top Analyst Says 1Fuel Over Toncoin And Stellar (XLM) appeared first on The Merkle News.
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