Stellar
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3.0 (1)

Cryptocurrency Details

Active
No
Ticker
STR
Main Use(s)
  • Cryptocurrency
  • Decentralized Exchange
  • Arbitrary Assets
Founder(s)
Jed McCaleb
Date Est.
July 2014
Total Supply
100,000,000,000
Inflation
1% annually
Block Time
5 seconds
Validation
Consensus
A clone of Ripple with a different distribution system. Stellar is a decentralized protocol for sending and receiving money in any pair of currencies. This means users can, for example, send a transaction from their Yen balance and have it arrive in Euros, Yen, or even bitcoin. We’re expecting to support the usual categories of transactions: payments to a merchant, remittances back home, or rent splits with a roommate.

You can hold a balance with a gateway, which is any network participant you trust to accept a deposit in exchange for credit on the network. Stellar also comes with a built-in digital currency, referred to as the stellar, which we’re giving away for free. The currency will have value (as determined by the market); however, its primary function is providing a conversion path between other currencies.

We hope that people will build applications on top of Stellar to help bridge the gap between digital and traditional currencies.

User ratings

Average user rating from: 1 user(s)

Overall rating 
 
3.0
Utility 
 
1.0
Liquidity 
 
1.0
Speed 
 
5.0
Innovation 
 
4.0
Community 
 
4.0
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Overall rating 
 
3.0
Utility 
 
1.0
Liquidity 
 
1.0
Speed 
 
5.0
Innovation 
 
4.0
Community 
 
4.0
jkpdinesh Rated by jkpdinesh August 01, 2014
Last updated: August 01, 2014
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