XLM

Stellar

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Stellar is an open platform for building financial products that connect people everywhere. Stellar blockchain enables near instant payments, with almost zero fees, and a smart contract platform to create digital asset economy.
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Comments

5 of 15 user opinions

CL
Creator of Litecoin Source
50B XLMs burned were supposed to be distributed to the community. Stellar Development Foundation only burned 5B of their own 17B XLMs. This means SDF increased their percent of total coins from 16% (17/105) to 24% (12/50). And they did this without any community discussions
NC
Partner at Castle Island Ventures and Co-creator of Coinmetrics Source
It's like a more pointless Ripple, which is a seriously impressive threshold of futility.
PR
Founder of the Bitcoin Advisory Source
Premined tokens like Stellar don't have a natural distribution mechanism like Bitcoin's, so they have to pump the price and "give away" a million dollars "worth of" tokens.
LS
Investments at Digital Currency Group Source
I reread this piece from late 2015 on the Stellar / Ripple drama. The fact that both companies are alive and well today took me by surprise.
JM
Software developer, founder of McAfee, CEO of MGT Capital Investments Inc. Source
Lumen (XLM) - called Stellar by some - though Stellar is the name of the network that created the coins. One of the fastest and cheapest crypto transactions. Lumens facilitate the financing of Third World projects and is called by some “The next Bitcoin”.
FP
CEO of Satoshi Portal Source
The Stellar platform itself doesn't "suck" in the same way that the Ripple platform itself doesn't suck. What sucks is that they decided to create a useless and worthless utility token for their financing instead and forced it on Stellar users instead of just tech.
MG
Founder and CEO at Braveno Source
It is all a trap for retail investors to get robbed. Stellar is there because Stellar and Ripple are equally Ponzi schemes. Stellar is a Ripple fork started by Jed McCaleb, the guy who started Mt. Gox. Jed is the king of getting hacked and disappearing with the money.
AL
CEO of Interstellar Source
Stellar is designed specifically for tokenizing assets, which anyone can do by being an anchor on the network. It has a built-in order book for decentralized asset exchange. Its consensus model, SCP, strikes the right balance between decentralization and trust.
EM
Partner at INB Source
Other things I am excited about: MobileCoin is quietly rearchitecting the Stellar Consensus Protocol to have strong privacy guarantees....
NR
Software Engineer, Facebook Source
The biggest competitors for LTC and BCH? Stellar and RaiBlocks. These coins were architected for payments that provide low / zero fees, high throughput, and fast confirmation. They provide these solutions today, and there are no hidden tricks like subsidizing transactions.
AN
Managing Partner at Neural Capital Source
Stellar and its tech will continue to be one of the most successful crypto-related endeavors.
SY
Crypto Investor Source
Stellar. Their perspective is serving smart assets and decentralized exchanges.They've spent more time on the layers of the settlement layers leading to a fast and diverse set of financial applications that can be built on top of XLM.
MO
Co-founder of CoinPrices Source
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.
EG
Associate Professor of Computer Science at Cornell Source
Stellar seems designed for value transfer. It's not the architecture I'd use for data-intensive supply chain applications.
DS
Chief Technology Officer at Ripple Labs Source
Stellar didn't understand most of the Ripple tech they took. Their ledger forked when they violated the constraints of the consensus protocol.

Most helpful opinions

DS

DS David Schwartz Chief Technology Officer at Ripple Labs
Stellar didn't understand most of the Ripple tech they took. Their ledger forked when they violated the constraints of the consensus protocol.
EG

EG Emin Gun Sirer Associate Professor of Computer Science at Cornell
Stellar seems designed for value transfer. It's not the architecture I'd use for data-intensive supply chain applications.
MO

MO Matt Odell Co-founder of CoinPrices
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.
SY

SY Sizhao Yang Crypto Investor
Stellar. Their perspective is serving smart assets and decentralized exchanges.They've spent more time on the layers of the settlement layers leading to a fast and diverse set of financial applications that can be built on top of XLM.
AN

AN Ari Nazir Managing Partner at Neural Capital
Stellar and its tech will continue to be one of the most successful crypto-related endeavors.
NR

NR Noah Ruderman Software Engineer, Facebook
The biggest competitors for LTC and BCH? Stellar and RaiBlocks. These coins were architected for payments that provide low / zero fees, high throughput, and fast confirmation. They provide these solutions today, and there are no hidden tricks like subsidizing transactions.
EM

EM Eric Meltzer Partner at INB
Other things I am excited about: MobileCoin is quietly rearchitecting the Stellar Consensus Protocol to have strong privacy guarantees....
AL

AL Adam Ludwin CEO of Interstellar
Stellar is designed specifically for tokenizing assets, which anyone can do by being an anchor on the network. It has a built-in order book for decentralized asset exchange. Its consensus model, SCP, strikes the right balance between decentralization and trust.
MG

MG Mathias Groennebaek Founder and CEO at Braveno
It is all a trap for retail investors to get robbed. Stellar is there because Stellar and Ripple are equally Ponzi schemes. Stellar is a Ripple fork started by Jed McCaleb, the guy who started Mt. Gox. Jed is the king of getting hacked and disappearing with the money.
FP

FP Francis Pouliot CEO of Satoshi Portal
The Stellar platform itself doesn't "suck" in the same way that the Ripple platform itself doesn't suck. What sucks is that they decided to create a useless and worthless utility token for their financing instead and forced it on Stellar users instead of just tech.