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Cryptocurrencies => Crypto Discussion => Topic started by: surajsomish1133 on April 04, 2020, 09:27:21 AM

Title: what is stellar?
Post by: surajsomish1133 on April 04, 2020, 09:27:21 AM

What are Stellars?


The Stellar network is primarily a tool to transfer normal, existing currencies, but it also introduces with its own currency - Stellars. Unlike normal currencies traded, Stellars has value on its own and does not need to involve gateways in the transfer. But unlike Bitcoin, Stellars are not intended to be used as a means for payment in itself, instead it's meant as a last-resort-middleman for conversion when you cannot find a trust chain. Unlike Bitcoin, it's not mined - instead, 100 billions were created on genesis and the Stellar foundation is mandated to give 95% of them away, distributed between random people, existing Bitcoin and Ripple holders, and nonprofits. The remaining 5% will be kept for operational costs of the foundation.

Look on stellar blockchain development (https://www.somish.com/blockchain/stellar-development/) service page.

Title: Re: what is stellar?
Post by: OluwaTosin10 on April 28, 2020, 03:15:50 AM

You asked a question, and you have done justice by answering it as well.
Stellar coin is a unique coin, with a huge and excellent capable team, the token has been used for a record breaking airdrop campaigns, and still sustained its price.

That is a masterclass.

Title: Re: what is stellar?
Post by: pwt22 on April 28, 2020, 09:23:45 AM

Quote from: OluwaTosin10 on April 28, 2020, 03:15:50 AM

You asked a question, and you have done justice by answering it as well.
Stellar coin is a unique coin, with a huge and excellent capable team, the token has been used for a record breaking airdrop campaigns, and still sustained its price.

That is a masterclass.

and currently up more than 11%, I have held quite a lot of xlm. this is a chance before halving bitcoin starts. I think xlm will continue to increase to 20%. we'll see what happens after halving bitcoin xlm at what price.

Title: Re: what is stellar?
Post by: Blueblade on April 29, 2020, 07:41:54 AM

Stellar have powerful block chain technology so it has many users thus it is remaining high market capitalization and good position in cryptomarket and this stellar technology is decentralized platform it is focusing on financial places and banks so in future it will be used in financial networks.