The valuation of Stellar has appreciated by 100 times in last one year.
What is Stellar in their own words
"Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost."
Key Features of Stellar
- Stellar is based on a consensus algorithm rather than mining. This means transactions confirm in a few seconds.
- The supply of lumen increases at a fixed rate of 1% a year.
- Stellar aims to let you transact in your currency of choice (fiat or digital).
So this is more in competition with BTC, XRP, BCash, LTC kind of assets who helps to do financial x-border transactions. Their apeal is they do it fast and do it cheaper.
It does not compete with ETH, EOS, NEO, ADA, NAS etc on which one can launch their tokens.
How do they compare themselves with top 10 crypto assets
They achieve it through the implementation of lightening system originally proposed and still under discussion for Bitcoin.
Their product is live and is already used by large number of orgalizations listed here
Looking at their 2018 plans - Their product will become much improved by the end of 2018.
Below are all the available wallets on which you can store your XLMs
And the most important thing I always look at for any project is at its network activity. Their dashboard page is pretty neat. Below is a snap of the same.
Their consensus protocol is based on federated Byzantine agreement (FBA). FBA brings open membership and decentralized control to Byzantine agreement. Anyone can join. FBA determines quorums, or groups of nodes sufficient to reach agreement, in a distributed way. Each node decides which others to trust. Different nodes don’t need to rely on the same combination of trusted participants to reach consensus.
In principal it is still a centralized consensus protocol. And so not as safe as of Bitcoin POW.
Thanks for sharing the post!
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careful dimago your comments might get flagged as spam
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because this is spammer. Ive seen him today several times posting same stuff
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ye i know he is now he is rep 22
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The writers like you need the steemit community. By doing so you can succeed in providing us very good information. I am proud that I am part of this society. I read every article you need. And indeed I responded very much to you and your articles.
I know you can climb the highest mountains. Never lose faith in yourself. Good luck!
All the best for a bright future! May there be success at every turn of life and all your dreams come true!
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thnx for your kind and encouraging words. love u
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Stellar has some work to do and is sitting in weekly demand. If order for price to move up, price must take out the buyers at $0.30 (green circle). Lets see if the low of $0.15 can hold. Target is $0.40.
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Actually This is wrong: “ it is still a centralized consensus protocol.” In fact, it’s the first provably safe consensus mechanism that uses all 4 components at the same time. It contains decentralized control, low latency, flexible trust, and asymptotic security measures.
It could be just as safe as POW. The focused hard on this m.
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not really - it is truncated decentralized - as i chose whom i trust and not all the nodes. So nodes that i trusted could ditch me and that is not safe
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I’m not sure what you mean. I actually reached out to David Maziere (professor behind the new algorithm) before I threw down a lot of money and from what I gather this is system is well thought out and is provable safe. The questions I ask were high level otherwise I don’t he would have responded.
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This post has received a 12.85 % upvote from @booster thanks to: @prameshtyagi.
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Good share..thank you
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thank you
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https://coinmarketcap.com/currencies/stellar/#markets
They are listed in many exchanges and can be next big thing to Ripple.
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Yes @sanmi. That is true. My objective is to share my understanding about key assets. Although Bitcoin is slow but I admire it because of its decentralization characteristic plus there is no owner whom anybody can threaten to ransom.
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May be we should sell some Steem or SBD and exchange some XLM ?
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The writers like you need the steemit community. By doing so you can succeed in providing us very good information. I am proud that I am part of this society. I read every article you need. And indeed I responded very much to you and your articles.
I know you can climb the highest mountains. Never lose faith in yourself. Good luck!
All the best for a bright future! May there be success at every turn of life and all your dreams come true!
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This post has received a 30.02 % upvote from @boomerang.
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👍👌💕
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Good information.
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thnk u
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You got a 4.69% upvote from @postpromoter courtesy of @prameshtyagi!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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Sneaky Ninja Attack! You have just been defended with a 10.69% upvote!
I was summoned by prameshtyagi. I have done their bidding and now I will vanish…
woosh
P.S. If you or anyone you know has been a victim of @grumpycat please know that he has been harming people throughout Sōsharumedia (ソーシャルメディア). Stealing the service that I (and other bots) have provided them and hiding behind a facade of stopping bid bot abuse which he clearly has no interest in.
Sneaky Ninja is a very responsible bot, working directly with steemcleaners, actively pursuing spam and abuse on our platform. If you would like to see what steps Sneaky Ninja has taken to fight bid bot abuse see this post and this post. Also know that I am working daily on other solutions.
If you would like to know my personal take on bid bot abuse and why I do not agree with the 3.5 day rule, see this post
Grumpycat is a villain that must be stopped to protect our freedoms here on steemit!
There is a resistance that has formed to counter his tyranny.
If you would like to take an active role in stopping this menace and helping other victims like yourself...
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Congratulations @prameshtyagi, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 639 and the total pending payments to posts in this category was $10585.39. To see the full list of highest paid posts across all accounts categories, click here.
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thank u bro
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thanks for sharing this post. Its helpful for all steemit user
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thanks a lot
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Thank you for good information
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thnx
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Stellar is my second largest holding, next to Cardano; I see big things out of those two in the next couple of years. Thanks for sharing.
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hi - could make a summary about why did you buy them and why do u expect from them in next two yrs
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Awesome post! I invite you to visit our blog and vote us back! And of course to enjoy our content :)
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sure. thnx
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very helpfull post,,,yhankss for sear.
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Congratulations @prameshtyagi!
Your post was mentioned in the Steemit Hit Parade in the following category:
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