Stellar
- Charts
- Historical Data
- Markets
- Social
- News
- Comments
- Zoom
- Hour
- Day
- Week
- Month
- Year
- All Time
- Type
- Line Chart
- Candlestick
Date | Open | Close | High | Low | Volume |
---|
# | Source | Pair | Volume | Price | Change | Updated |
---|
- r/stellar
- Bitcoin forming 'massive' bullish wedge pattern as trader eyes $85KCointelegraph.com News – 11 hours agoBitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level. Bitcoin’s price is forming a…
- RFK Jr. promises BTC strategic reserve, dollar backed by hard assetsCointelegraph.com News – 14 hours agoThe presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken American money and society. Independent…
- SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE ArcaCointelegraph.com News – 14 hours agoGrayscale must await final regulatory signoff on its registration filing before listing the fund The United States Securities and Exchange Commission (SEC) approved Grayscale’s newest…
- ‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024Cointelegraph.com News – 15 hours agoThe two Republican senators claimed that if their party wins control of the Senate, they will stop the SEC’s “regulation by enforcement.” Republican United States…
- No BTC strategic reserve announcement from Sen. Lummis — Bitcoin 2024Cointelegraph.com News – 15 hours agoUS Senator Lummis recently authored a report highlighting the benefit of the Bitcoin mining industry and denouncing Biden’s proposed 30% tax. United States Senator Cynthia…
What is Stellar?
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 this 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.