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Stellar (cryptocurrency)

Stellar (cryptocurrency)

Stellar is a decentralized, open source payment network using the Stellar Consensus Protocol to enable exchange using both fiat and digital currencies. The cryptocurrency token for the Stellar platform is called Stellar Lumens (XLM).

Introduction

The Stellar protocol is developed by the not-for-profit Stellar Development Foundation, created by Jed McCaleb and Joyce Kim in 2014. Stellar is intended as an open global platform to connect banks, payment systems, and individuals to reduce cost of payments like global remittance.

Architecture

Origins

The codebase was originally forked from the Ripple codebase. Major changes were made to the consensus protocol described by a whitepaper written by David Mazières.

Consensus

The Stellar Consensus Protocol does not rely on proof of work, or proof of stake, but rather uses a Federated Byzantine Agreement (FBA) which is a generalization of the Byzantine agreement problem.

Timeline

Stellar is launched

The Stellar protocol is introduced by cofounder Joyce Kim. The Stellar code is forked from the Ripple protocol, which was a previous project developed by Jed McCaleb.

People

Name
Role
Related Golden topics

Bartek Nowotarski

Bhagwan Chowdhry

Boris Reznikov

Brian Gale

Dan Kaminsky

David Mazières

Ella Qiang

Greg Brockman

Greg Stein

Jed McCaleb

Joyce Kim

Keith Rabois

Lisa Nestor

Łukasz Lachowski

Matt Mullenweg

Naval Ravikant

Nicolas Barry

Patrick Collison

Rafał Malinowski

Ronaldo Lemos

Sam Altman

Scott Fleckenstein

Shivani Siroya

Tunde Ladipo

Further reading

Title
Author
Link
Type

All you need to know about Stellar Lumens – Crypto of the Week

Ankit Garg

Jed McCaleb Talks Stellar's New Protocol for Consensus

Stan Higgins

Mt. Gox and Ripple Founder Jed McCaleb Unveils Project 'Stellar'

Stan Higgins

Mt. Gox and Ripple Founder Jed McCaleb Unveils Project 'Stellar'

Stan Higgins

New Digital Currency Aims To Unite Every Money System On Earth

Cade Metz and Marcus Wohlsen

Ripple vs Stellar

JP Buntinx

The Stellar Consensus Protocol: A federated model for Internet-level consensus

David Mazières

The Stellar Consensus Protocol:A Federated Model for Internet-level Consensus

David Mazieres

What you need to know about Stellar, the new open-source solution to international currency exchange

Roberto Baldwin

Documentaries, videos and podcasts

Title
Date
Link

David Mazières: "The Stellar Consensus Protocol" | Talks at Google

Jun 14, 2016

EB128 – Jed Mccaleb: Stellar And The Vision Of An Open Financial System

Apr 26, 2016

How Money Moves on Stellar

Dec 5, 2016

What Makes Stellar An Ideal ICO Platform?

Oct 25, 2017

Companies

Company
CEO
Location
Products/Services