https://www.stellar.org/blog/usdc-stellar-faq

> What does it mean that USDC is coming to Stellar? The short answer: Circle Internet Financial will issue a USDC asset on the Stellar network. Developers and businesses will be able integrate it into Stellar-based apps and services to allow users to make deposits and withdrawals; users will be able to hold, transfer, and trade USDC just like any other asset on the network.

> Stellar USDC is part of Centre's multi-chain USDC framework: it will coexist and interoperate with various USDC tokens on other chains, including the original Ethereum USDC token. Each chain offers advantages tied to specific use cases. Stellar, which is designed to connect all the world's currencies on a single platform, unlocks a whole new realm of payment-related applications for USDC.

> What is USDC? USD Coin (USDC) is a stablecoin developed by the Centre Consortium, a collaboration between Circle Internet Financial (Circle) and Coinbase. It's a digital asset issued by regulated financial institutions, it's fully backed by reserve assets, and it's redeemable on a 1:1 basis for US dollars.

> What is Centre? Centre is a USDC consortium jointly led by Circle and Coinbase, with a vision of building a standard set of protocols for fiat-denominated digital currencies that can work across different wallets, currencies, and platforms.

> What is Circle? Circle Internet Financial is a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchains for payments and commerce worldwide. Circle was founded in 2013 and is backed by $250 million from investors including Jim Breyer (Facebook), IDG Capital (Baidu, Tencent), General Catalyst (Airbnb, Stripe), Accel Partners, and Bitmain, with offices in Boston, New York, Dublin and London.

This is one of the most unique features of Stellar's core protocol (and most misunderstood). There's a lot of talk about the need for 'decentralized exchanges' in the space - but not a lot of people understand that it's built into Stellar's core functionality. The different exchanges you see like StellarTerm, StellarPort, Interstellar, etc all share order books!

For more reading on this you can read our technical documentation: https://www.stellar.org/developers/guides/concepts/exchange.html

Lumenauts has a good explainer video as well: https://www.lumenauts.com/explainers/stellar-decentralized-exchange

Until I see an announcement from SDF, I can’t see this as anything but a scam. There are no staking rewards on stellar, and this style scam has been done before. Maybe it is real, but until announced as such from an SDF official channel, I’d avoid it.

https://www.stellar.org/blog/stellar-security-guide-protect-scammers

This was their 2018 roadmap, that got followed up by another explanation about the Lightning Network.

>To the extent an idea improves what our users care about—speed, throughput, privacy—we will explore it, and since a typical Lightning payment:

>– can be confirmed instantly

>– has negligible fees

>– doesn’t have to become public

>"... it’s now clear that Lightning is the right way forward for Stellar."

It looks like they laid out a plan to fix the 'privacy' concern since January of 2018 and will have it live by December 2018, as per their roadmap.

>Our release timeline for Lightning on Stellar is:

>Apr 1 BUMP_SEQUENCE pushed to a testnet

>Aug 1 State channels beta implementation

>Oct 1 State channels on Stellar livenet + Lightning Network beta

>Dec 1 Lightning Network on Stellar livenet

That is false.

The SDF is entrusted with half of the supply, but can not do whatever it wants with them. The uncirculated lumens have been directed for use purposes which is disclosed. Said directives can be found in its mandate.

https://www.stellar.org/foundation/mandate

CEO Denelle Dixon wrote her first blog: https://www.stellar.org/blog/where-we-are-headed/
Good to read that they are ramping up their marcomms 💥

Just reminding everyone about the Stellar Mandate:

https://www.stellar.org/about/mandate/

This document outlines the long-term goals of both the Stellar Development Foundation and the Stellar Network and Protocol:

• SDF Mission and non-profit status;
• Lumens distribution plans;
• XLM total supply;

Inflation is right here at the end of the document as well:

https://www.stellar.org/about/mandate/#Inflation

None of that should be changed or removed without a good reason.

It’s not a matter of superior. Ripple and Stellar aren’t necessarily competitors. Yes, they both have similar ideas of how blockchain technology should progress. However, Ripple focuses heavily on FI use cases, while Stellar focuses on individuals and market accessibility.

Stellar’s Mission Statement

Ripple’s Use Case Overview

All awesome points. One slight correction in that Stellar uses Stellar Consensus Protocol (SCP), not proof of stake. SCP is also eco friendly as no mining is involved. 🙂

RCBC / IBM / Stellar Partnership, Oct 15 2017 : "This cross-border payments solution is already processing live transactions in 12 currency corridors across the Pacific Islands and Australia, New Zealand and the United Kingdom. IBM has convened an initial group of diverse banking leaders as part of the development and deployment process, including Banco Bilbao Vizcaya Argentaria, Bank Danamon Indonesia, Bank Mandiri, Bank Negara Indonesia, Bank Permata, Bank Rakyat Indonesia, Kasikornbank Thailand, Mizuho Financial Group, National Australia Bank, Rizal Commercial Banking Corp. (RCBC) Philippines, Sumitomo Mitsui Financial Group, TD Bank, Wizdraw (HK) of WorldCom Finance, and other financial institutions.

“This new innovation and collaboration represents a significant milestone for Stellar as well as the financial technology industry as a whole,” said Jed McCaleb, co-founder of Stellar. “For the first time, public blockchain technology is being used in production to facilitate cross-border payments in multiple integrated currency corridors. Currently, cross-border payments take up to several days to clear. This new implementation is poised to affect a profound change in the South Pacific region, and once fully scaled by IBM and its banking partners, could potentially change the way money is moved around the world, helping to improve existing international transactions and advancing financial inclusion in developing nations.” https://www.stellar.org/blog/IBM-KlickEx-Partnership/

Just to be clear, Stellar / SDF had no input or knowledge of Blockchain's selfie marketing competition. SDF responded on one thread about it.

They partnered with Blockchain to distribute up to 500 Million XLM to Blockchain's ~30 Million global user-base, over the course of months, that's the part to focus on. Since, that alone is a huge shift by Stellar, which has in the past just focused on building key infrastructure and partnerships, not marketing. Again thats $125,000,000 for one campaign to spread awareness and adoption of XLM. All in all, a sign that more things are likely coming down the pipeline for on-ramping new users.

Tens of Millions of new XLM holders will be nothing but good and I'm glad to see the shift towards marketing as evidence that there's more coming down the pipe.

https://www.stellar.org/blog/bringing-lumens-to-millions/

>Giving away lumens to their broad, multinational userbase will grow Stellar where we most want to see growth: at the frontier of crypto adoption. Blockchain’s intuitive wallet is ideal for getting lumens into the hands of the first-time, crypto-curious user as well as more experienced users looking for access to the next generation of cryptoassets.

Stellar's situation isn't exactly like Bitcoins (more on that below), but I don't believe Stellar is a security.

These are Chairman Clayton's exact words (or close to them): >"Let me turn to what is a security. A token, a digital asset, where I give you my money and you go off and make a venture... and in return for me giving you my money, you say 'you know what, i'm going to give you a return, or you can get a return in the secondary market by selling it to someone'".

Most important fact in this analysis, Stellar doesn't sell the xlm it's holding. But to be thorough, what makes Stellar's situation slightly unlike Bitcoin is that it did receive a loan from Stripe in return for 2B xlm. Technically loans can be considered securities, if the note resembles a security. However, it doesn't appear that Stripe ever intended to 'get a return' from the loan. As Stripe stated in their blog post when the loan was first announced: "We're going to auction a majority of our stellars to other interested companies, with any net profits being returned to the Stellar Foundation". It seems that it was truly a loan for seed funding.

For those who didn’t know, Jan 4. MOU

https://www.stellar.org/press-releases/ukrainian-ministry-of-digital-transformation-to-develop-virtual-assets-and-to-facilitate-cbdc-infrastructure-with-the-stellar-development-foundation?locale=en

What's that you say; "Stellar has a BUILT in Decentralized exchange, with instant conversions, rocket fast transactions and near Zero fees?!!"

How is this possible and why are more people not talking about this?!

Especially in this time of need for a decentralized exchange that can NOT be "restricted" or "limited" cough Robinhood/Ameritrade cough

https://www.stellar.org/tools?locale=en

Long live Stellar!

Good read! Quick links/highlights:

>Roadmap - https://www.stellar.org/roadmap/

>Meridian - Mexico City (Nov 4-5) https://meridian.stellar.org

>Hiring a head of Brand Marketing and a Head of Communications / Public Relations.

Interesting ending:

>”I can’t help but note that we have a new player in the space with a similar mission — Welcome Libra and Facebook! It’s exciting to see your vision and our collective alignment. We are eager for Libra’s participation in furthering the global conversation around blockchain technology. As you build out your journey, think of us as a partner in your mission.”

I think it's more complicated than that. As I understand it, if both institutions are transacting in stable coin of the two denominations they want to transact in, XLM is not necessary as a bridge, but could still be used. It would look something like this:

-Institution A sends Fiat Token A to Institution B

-Institution B sells Fiat Token A for Fiat Token B

-Institution B redeems Fiat Token B for Fiat B from issuing anchor

Depending on the spread in the order books in the second step there, the pathfinding could lead you though other assets including XLM which will help with overall liquidity on the network.

That being said, every transaction requires an XLM fee and every wallet on the network requires a minimum XLM balance. So regardless it will require XLM in some way. The more transactions and participants needing wallets there are, the more the circulating supply will go down and increase demand, even if it's not in a huge capacity.

The whitepaper is probably your best resource for this. Its a long read, and technical, but the first few pages can actually give you brief idea of how SCP differs from other consensus protocols. https://www.stellar.org/papers/stellar-consensus-protocol.pdf

Read this: https://www.stellar.org/developers/guides/concepts/inflation.html

Download a desktop wallet, transfer your lumens to your wallet from the exchange you bought them on, and then set your inflation destination to the address of the pool. http://xlmpool.com/en.html

Not at all. XLM's main purpose is as the networks de facto bridge digital asset - providing key liquidity for all tokenised assets.

'Cross-asset payments

Suppose you are holding sheep and want to buy something from a store that only accepts wheat. You can create a payment in Stellar that will automatically convert your sheep into wheat. It goes through the sheep/wheat orderbook and converts your sheep at the best available rate.

You can also make more complicated paths of asset conversion. Imagine that the sheep/wheat orderbook has a very large spread or is nonexistent. In this case, you might get a better rate if you first trade your sheep for brick and then sell that brick for wheat. So a potential path would be 2 hops: sheep->brick->wheat. This path would take you through the sheep/brick orderbook and then the brick/wheat orderbook.

These paths of asset conversion can contain up to 6 hops, but the whole payment is atomic–it will either succeed or fail. The payment sender will never be left holding an unwanted asset.

This process of finding the best path of a payment is called pathfinding. Pathfinding involves looking at the current orderbooks and finding which series of conversions gives you the best rate. It is handled outside of Stellar Core by something like Horizon.'

​

https://www.stellar.org/developers/guides/concepts/exchange.html

​

​

This is it ^

It's funny that small time projects built on Stellar might be beating Ripple to it's main use case on top of the other cool Dapps being built on Stellar.

Between pathfinding, bridge currencies(like XLM), atomic swaps, ect this is how crypto is gonna be used and reach mass adoption. Through use of non-crypto assets on the blockchain. If you can use fiat, stocks, or commodities as currency rendering each transaction currency agnostic while circumventing the volatility issues with most cryptos then we have a system ready for mainstream use. Hell you could even buy a cup a coffee with coffee by tokenizing and trading coffee tokens in much the same way coffee has been traded on commodity exchanges for decades. And we shouldn't be afraid of this scenario, in fact we should push for it because between TX fees and use of XLM as a bridge the volume passing through XLM to be used as a bridge would be huge creating a much higher demand/valuation.

I wrote a detailed article about this called How To Save Crypto With A Cup Of Coffee

Think you’ve got your demographic a bit off. I’m over 40, the majority of my friends are over 40 and there’s not one of them that falls below level 2 in this study-

https://lifehacker.com/this-chart-shows-how-computer-literate-most-people-are-1789761598

Sure there’s issues with computer illiteracy which need to be majorly addressed. Computer Science should be a compulsory GCSE subject here in the U.K along with English Maths and Science.

As an example of how 40 year olds are perhaps more computer literate than the kids today, if we wanted to play games we wrote out the code to play them. I spent hours copying code into my Zx Spectrum.

Went to my daughters open day for her high school this week and they had an amazing array of old machines from the BBC’s,outdated when I was at school but still there, that we used to hack Chucky Egg on, All the way up to pcs we use today. Quite an impressive museum collection that a lot of the parents were drooling over, me included. Wife and kids had to drag me out of there.

My point is the majority of 40+ year olds learned to boot programs from DOS and learnt BASIC. 40 year olds and under, the curriculum changed and then Windows 95 came out which moved computing out of code into clicking stuff and from programming to programs.

PAX stablecoin has backdoor for freezing and seizing cryptocurrency

The Ethereum community has found some rather unnerving facts about a new stablecoin known as PAX...

PAX has a function – called “setLawEnforcementRole” – which creates a new Ethereum address with administrative permissions over the circulating PAX supply. This practically means anyone with these permissions can tamper with any wallet they please.

The stablecoin allows the new addresses powerful functions – particularly “freeze” and “wipeFrozenAddress” – that lets “authorities” freeze wallets (and addresses) at will, and even destroy any assets they possess.

The vulnerability in question was first spotted by blockchain developer John Backus. Hard Fork has reviewed the code to corroborate his findings. Note, the rather obvious language, specifically: “setLawEnforcementRole.”

...

Source: https://thenextweb.com/hardfork/2018/09/20/stablecoin-backdoor-law-enforcement/

The existing stellar consensus algorithm is implemented in a way that favors fault tolerance and termination over safety. Safety means that not all nodes have to agree on exactly the same ledger state. This could lead to network forks if groups disagree, but stellar has made changes to prevent this.

Take a look at this article from before the update: https://www.stellar.org/blog/safety_liveness_and_fault_tolerance_consensus_choice.

Hey! We added it to the Laboratory!

Here are the instructions:

1. Open Laboratory.
2. Switch network to public (top right).
3. Open Transaction Builder:
   1. Source Account -> public key of your Ledger account.
   2. Transaction Sequence Number -> Click "Fetch" button.
   3. First operation:
      1. Type -> Set options
      2. Inflation Destination -> Your selected destination
   4. Copy XDR from the box below Transaction Builder.
4. Open Transaction Signer.
   1. Paste XDR. Click "Import Transaction".
   2. Click "Sign with Default BIP Path" in "Ledger Wallet" section.
   3. Connect your Ledger, enter PIN, open Stellar app.
   4. Click "Submit to Post Transaction endpoint".
5. You will be moved to "Endpoint Explorer". Click "Submit". Done.

Paul from StellarGuard here. I’m working on a “Channel Manager” as a service to manage the complexities of channel accounts behind a developer API. You’ll submit unsigned transactions to the API and get back a new signed transaction with the source account replaced by a channel account.

If this is something that interests you, sign up here to be put on the list for the beta when it’s ready.

Hey lumenauts have you noticed that we are closing to August? And say what?Road map of lightning for Stellar says that we have mile stone on Aug1!:

• Apr 1 BUMP_SEQUENCE pushed to a testnet
• Aug 1 State channels beta implementation
• Oct 1 State channels on Stellar livenet + Lightning Network beta
• Dec 1 Lightning Network on Stellar livenet

I think this one could help us to move over 4K sat. What do you think?

Official option

If you have a clean computer I only recommend Stellar Account Viewer (https://www.stellar.org/account-viewer) which is a web wallet.

I also recommend complementing it with StellarGuard (https://stellarguard.me) by u/doomslice if you need extra security.

Absolute security option

For absolute peace of mind your best choices are Nano S or Trezor.

Curious option

There's also an upcoming wallet by Stellar and Keybase, so that should be a top notch option.

The RCBC article has been public knowledge for a few days. Basically, if IBM is involved, then think Stellar.

As for Alipay, that's interesting. I suspect it's either:

• An in-house solution.
• Something to do with Ripple as "Standard Chartered is the designated settlement bank" and they are a partner of Ripple's.

This thread of XRP guys speculating the absolute crap out of it suggests that no-one really knows anything for sure and there's nothing conclusive to support any of the top cryptocurrencies being used. My guess is an in-house solution.

EDIT: It is kind of interesting though that on the Stellar partners page, it mentions that Stellar uses RippleFox as a CNY anchor in China, allowing users to send money to any Alipay account. There are also two partners based in the Phillipines and Johan Stén of Stellar is a "Champion" based there, whatever that means.

Panel discussion, April 29

Theme: The Paradigm Shift That We All Know is Coming: Digital Currencies

Moderator: Timothy Spangler, Dechert LLP (An international law firm)

Panelist: * Denelle Dixon, Stellar Development Foundation * Sara Hsu, Forbes * ⁠Cuy Sheffield (Vice President, Head of Crypto), Visa

I think that amount is the default amount if you don't set a max

>Amount precision and representation

>Each asset amount is encoded as a signed 64-bit integer in the XDR structures. An asset amount unit (that which is seen by end users) is scaled down by a factor of ten million (10,000,000) to arrive at the native 64-bit integer representation. For example, the integer amount value 25,123,456 equals 2.5123456 units of the asset. This scaling allows for seven decimal places of precision in human-friendly amount units.

>The smallest non-zero amount unit is 0.0000001 (one ten-millionth) represented as an integer value of one. The largest amount unit possible is ((2^63)-1)/(10^7) (derived from max int64 scaled down) which is 922,337,203,685.4775807.

https://www.stellar.org/developers/guides/concepts/assets.html

https://www.stellar.org/foundation/mandate?locale=en

>Total: 12B XLM

>SDF uses lumens in the Direct Development fund to directly develop and advocate for Stellar. On Nov 5, 2019, when this mandate was first announced, 12 billion lumens were allocated to this fund and 3 billion were released for use through 2020 As you can see, the other 9 billion are escrowed and will be unlocked 3 billion per year, beginning in 2021.

One incentive is a vested interest in the security of the network. Quick and trusted network entry point is another as you mentioned. There's a few more. Our docs give a good breakdown the info: https://www.stellar.org/developers/stellar-core/software/admin.html

You can see what we are giving to other parties in that account as well.

​

This explains more about the 501c3 stuff: https://www.stellar.org/about/nonprofit-status/

The stellar protocol allows for cross-asset payments so that you can exchange 2 assets through up to 6 intermediaries automatically for the best price. They call this pathfinding in their developer guides. Despite this being part of the protocol, I can't find it's implementation anywhere. I could see it being useful on StellarX to increase liquidity if you pick an asset you hold and an asset you want and it would fill the order through some lower liquidity tokens if they have a good spread. At the very least it would save you the hassle of going from USD token to XLM, then XLM to SLT or something else. Give it more of a marketplace feel instead of need to find specific pairs. Does anyone know if this is something that will happen or any actual implementation of this?

Because it's on their website!

Oct 1. State channels on Stellar livenet + Lightning Network beta

https://www.stellar.org/blog/lightning-on-stellar-roadmap/

It might not be exactly today. But this is their planned day!!

Edit: estimated day

Quick clarification. This video mentions "Stellar use proof of stake" which is incorrect.

Stellar uses the Stellar Consensus Protocol, "a new model for consensus called federated Byzantine agreement (FBA). FBA achieves robustness through quorum slices—individual trust decisions made by each node that together determine system-level quorums. Slices bind the system together much the way individual networks’ peering and transit decisions now unify the Internet"

More info here: https://www.stellar.org/developers/guides/concepts/scp.html

Hey..I own a headband manufacturing business in Cincinnati, Ohio called Hipsy. We are in 1600+stores and the #1 brand of headbands on Amazon.
Hipsy Women's Adjustable Cute Fashion Headbands Hairband Gift Pack (2pk Black & Gold Braided Bling Glitter) https://www.amazon.com/dp/B07BM3P4S2/ref=cm_sw_r_cp_api_SuGZAbX29YPDA

https://www.stellar.org/blog/making-cross-border-b2b-payments-easier-in-east-africa-with-clickpesa

“Having ensured their technology is fully compliant and operational on the Stellar network, ClickPesa is now working on direct integration into the top three mobile money operators in East Africa: Tigo, Vodacom (M-Pesa), and Airtel. This means that ClickPesa is now able to leverage the Stellar network to enable someone to send a payment directly from a bank account in Berlin to a recipient’s mobile wallet in Tanzania.”

Apt username:

'We want the world to know about the Stellar network. Communicate. Communicate. Communicate. We want you to know what we care about, what we are doing, and why we are doing it. We have already published our roadmap, but we are committed to making sure that we aren’t sitting in our own bubble. So we are going to talk more about our technology, our products, and all the other work we’re doing.' - Denelle Dixon

>Why should I buy lumens if you are giving them away for free?

As an integrator or anchor (an integrator that is trusted to accept deposits and honor withdrawals, such as a trust company, bank, or a licensed money transmitter), you may need a large quantity of lumens to cover base fees for transactions on the network, to create and use sophisticated smart contracts, and for account creation. As a money transfer operator or market maker, you may buy and use lumens as a bridge asset to facilitate trades of different asset trade pairs on the network.

As a developer or entrepreneur, you may buy and use lumens to learn about cryptocurrency, experiment with operations, and build innovative applications on the Stellar Network.

In the future, after we have given away all the lumens—which will happen over the next 10 years—everyone will need to procure lumens from third parties.

>https://www.stellar.org/lumens/

Welcome! Are your lumens still on an exchange? You can’t sign up for the inflation until you get a wallet and move your funds off the exchange. Which wallet you choose is your personal choice. As of right now, Stellar Account Viewer is the only official wallet by Stellar, but depending on your needs and skill set, you may want something else. StellarX is the new official front end to the Stellar network but is still In beta (to be released very soon, probably within a week or two) and when you sign up for that, you can effortlessly join the lumenaut inflation pool there. It’s your choice though. No matter what wallet you choose, please please please send over a few lumens first as a test (like 5 or something) to make sure you are doing it right and your funds got there. If everything goes smoothly, then do another transfer for your remaining balance.

We’re happy to have ya!

https://www.stellar.org/developers/guides/concepts/federation.html

It's basically to have a simple username binded to your public key. If people want to send you money, they only have to type in username*fed.network instead of the ultra long public key.

P.S.: The app from their Website is VERY similar to the one one the link from stellar I posted!

https://www.similarweb.com/website/stellarx.com

In case you are wondering how stellarX is doing.. it's doing great!

Visitor stats from similarweb: August: 60k September: 100k October: 310k November:?? (my guess >500k)

And all without paid advertising, great Job StellarX team! Product speaks for itself

https://www.stellar.org/press-releases/moneygram-announces-innovative-partnership-with-the-stellar-development-foundation-to-utilize-blockchain-technology

Collison used to be on the board (of directors) of SDF, but he left several years ago, and his tweet was from August 2018. So, around 2014-2016?

However, he is still on the board of advisors - https://www.stellar.org/foundation/team?locale=en

Seeing this comment, I did a little research. I had no clue Stripe provided seed funding to Stellar!

Stripe dumped Bitcoin because the transaction fees were high. Stellar would be a natural alternative, ESPECIALLY with USDC coming in Q1 and the high yield USDC business acounts.

"Recovery" is only possible if the person/entity the assets are sent to are willing to work with you. There is no undo transaction function. This is why it's important to double TRIPLE check addresses before sending transactions.

Human readable addresses (name*domain) through federation is meant to help people share payment details without having to type in an account ID. More support for federation should hopefully allow for less individual payment problems (like sending to wrong addresses) in the future.

​

StellarX isn't yet officially out, so we can't say for sure what the differences will be.

One thing's for sure, StellarX will use the same SDEX data as all the other SDEX UIs.

>With all these SDEX coming out for stellar, how do you choose which one to trade on?

Try them all? (only the official ones on https://www.stellar.org/lumens/wallets/ ) . See which one suits you personally. Some are easier to use but lack more advanced features. Some are more popular than others so easier to get help if you are stuck. Do your own research. We could come up with a comparison chart but we'll be way too biased.

>I do like that you can issue your KYC information at your own discretion and the UI/UX looks beautiful.

Thanks

​

​

​

The agreement was that if/when they sold any, all profit would go back to the SDF,

Edit: Source: Stripe Blog Post - July 31, 2014

“A couple of months ago, Stripe contributed $3M to help get the project going. In return, we received 2% of the stellars. However, the project is not run by Stripe. We just believe that a system with properties like Stellar's should exist in the world, and we heartily encourage anyone interested to participate in its development. We're going to auction a majority of our stellars to other interested companies, with any net profits being returned to the Stellar Foundation”

It's 1% (per year, roughly 1/52% per week or 0.00019 x your amount each week) so will slightly increase each time. Also the amount of transactions/operations currently on the network have a small affect on the weekly payout.

https://www.stellar.org/developers/guides/concepts/inflation.html#inflation

Do you have a boring afternoon? Do you have an old android device? I would like someone to try the wallet i am still working on. I moved it out from beta as i used it for some months without problems, but i would like to receive opinions about it.

You can use it with test network if you don't trust it as nobody should trust stuff people publish on a forum.

https://play.google.com/store/apps/details?id=org.bnogal.vega&hl=en

It has the capability to sign transactions offline using two devices; one for creating the transaction and publish it while the other offline device signs it.

QR scan method and QR codes are optimized to make it faster and as easy as possible.

The method to sign transactions offline is described on the play store summary.

Thx in advance.

The USDC is intended to support the growth of the Stellar network and ecosystem, for example working capital loans to payment companies based in Stellar USDC. The details are covered in this blog: https://www.stellar.org/blog/leveraging-on-chain-assets-to-support-the-stellar-ecosystem

This is a major reason for the move and support from major banks etc.. Just my opinion.

FinCEN's proposed Digital Asset Transaction Rule - SDF Blog (stellar.org)

Re: validators

​

Improving the validator experience is a top priority of ours right now. We are working on fixing the exact things you mention, clearer guides for getting set up, faster to get synced, easier configuration,etc. We will be rolling out these improvements over the next weeks. As for the tx limit that is being improved in protocol 11 (https://www.stellar.org/blog/protocol-11-improvements-stellar) which should be live on the 10th.

The first Stellar's blog said "95% of the stellars will be distributed for free as quickly as we can manage." But something went wrong. https://www.stellar.org/blog/introducing-stellar/

Yeah, they just recently added a built in Stellar wallet.

Stellar also funds the development of Keybase.

https://www.stellar.org/blog/keybase-and-stellar-partnership/ https://keybase.io/blog/keybase-stellar

Possible Coinbase listing, upcoming FairX launch... these might all happen before Lightning is live (expected on December 1st according to the timeline) and these both have the potential to raise the demand for XLM

​

Thanks @Opositor127, I appreciate your donation. SDF established the Support Award program lately, and they do support the project.

Transaction fees are collected and distributed along with the inflation.

https://www.stellar.org/developers/guides/concepts/inflation.html

So as more transactions = more 100 stroops being collected = more lumens distributed!

I wonder, if the second firm could be Stellar: "RCBC said it will partner with IBM and another firm to provide the blockchain infrastructure." http://bworldonline.com/rcbc-to-launch-blockchain-remittance-service-in-japan/

According the older Stellar blog, they target Philippines: https://www.stellar.org/blog/global-partnerships/

Stellar is a DLT and runs on the Stellar Consensus Protocol. From what I understand, since Hyperledger Fabric doesn't have a native token on the network, it uses the Stellar network as its settlement layer for value transactions.

The foundation holds a large amount of XLM that they use in a number of ways, including distributing it to Bitcoin holders, anchor partners, developers, etc. There is a large number of XLM that have not yet been distributed.

You can read an explanation here that explains what they hold and how they distribute it.

Here are more details on how the BTC distribution works.

I think Stellar is a very perspective platform with a lot of built-in capabilities. It is also cheaper on a transaction level, and Stellar consensus protocol is more efficient than Proof of Work or Proof of Stake.

You can check stellar road map https://www.stellar.org/blog/lightning-on-stellar-roadmap/

About Jed, Yes we in contact with him.

Validators vote on protocol upgrades. Public Node allows their members to vote on how the Public Node validators should vote on these upgrades.

Fund distribution is already defined in the SDF Mandate.

What is your proposal?

FinClusive Helps Businesses Stay Compliant and Launches Payments in USDC

“Inflation” ended a while ago:

https://www.stellar.org/developers/guides/concepts/inflation.html

Staking is not a thing (more recently it’s a term associated with scam emails), but check out Abra or AnchorUSD for interest on XLM deposits.

For privacy: they're working on it. I don't have a link off the top of my head, but I think I recall them mentioning it during Meridian.

For user friendly key management, see SEP-30 https://www.stellar.org/blog/sep-30-recoverysigner-user-friendly-key-management?locale=en

https://www.stellar.org/blog/2018-Stellar-Roadmap/

We are half way through 2019; the 2018 roadmap only had 2 goals, the SDEX & lightning network. I know the team has made tremendous progress on privacy; is there any update on how the lightning network implementation is going & why its taken so much longer than anticipated?

One theory I have on why the LN implementation has taken so long is because the team realized that privacy was a bigger concern than scalablity.

The team page is not live yet on the new site. Assuming you're wondering about Advisor and board status - this page is still accurate (pending the addition of one advisor). As far as individual team members, you can track those in our past newsletters.

I think it's important to note that fees can be adjusted by validators. This link discusses is at more length https://www.stellar.org/developers/guides/concepts/fees.html if you'd like to dig a little deeper.

Is it possible to raise fees depending on number of transactions ?

E.g : - 100 stroops < x transactions; - 200 stroops x < XX - 300 stroops XX < XXX

Base on : https://www.stellar.org/developers/guides/concepts/fees.html

« Transaction Limits

Each Stellar node usually limits the number of transactions that it will propose to the network when a ledger closes. If too many transactions are submitted, nodes propose the transactions with the highest fees for the ledger’s transaction set. Transactions that aren’t included are held for a future ledger, when fewer transactions are waiting. »

>I also suggest you keep the IRS privy to your organizational changes as changing your stated exempt purpose could compromise you ability to operate as a 501c3.

As a point of correction, SDF is not a 501(c)(3). It is a non-profit, however. The term "501(c)(3)" and "nonprofits" are often used interchangeably, albeit incorrectly. The confusion comes from 501(c)(3) frequently being non-profits as well. The former is an IRS designation for tax exemption (as you correctly point out) while the later is a business formation under state law. In 2015 SDF did apply for 501c3 status, but I'm not sure what ever came of it. I can think of a few reasons why it was impractical to pursue it, but it's just speculation. At the time they also had a fiscal sponsor allowing them to receive tax deductible donations, but it wouldn't make sense to have that arrangement today. SDF is doing just fine financially. In any case, from a governance point of view, being a "non-profit" is what I think most of us think and care about.

People forget that Stellar is longer in the game than most cryptos. Ridiculous position #9? It was even position #5 back in the days.. Matching Dash's market cap. Is there a reason it should not match it now? I don't think so.

But yeah, there are many users on a short already that try to convince everyone else that they also need to short. If you really think that this game is played by logic go ahead and short.

https://www.stellar.org/developers/guides/concepts/inflation.html

>The Stellar distributed network has a built-in, fixed, nominal inflation mechanism. New lumens are added to the network at the rate of 1% each year. Each week, the protocol distributes these lumens to any account that gets over .05% of the “votes” from other accounts in the network.

Stellar là một giao thức phi tập trung cho phép bạn gửi tiền cho bất cứ ai trên thế giới, cho các phân số của một xu, ngay lập tức, và bằng bất kỳ loại tiền tệ nào. / r / Stellar là tin tức, thông báo và thảo luận liên quan đến Stellar. Vui lòng tập trung vào nội dung hướng đến cộng đồng, chẳng hạn như tin tức và thảo luận, thay vì nội dung hướng đến từng cá nhân, chẳng hạn như câu hỏi và trợ giúp. Thực hiện theo [Nguyên tắc cộng đồng Stellar] (https://www.stellar.org/community-guidelines/).

Very nice summary :) As a developer, I have to confirm that Stellar project and its technical background is one the most promising projects out there. Recently SDF announced 7th Stellar Build Challenge and let me add some of the game-changing projects here:

• Social trading: A platform such as eToro to be built on the stellar's network.

• Peer-to-peer wallet: This wallet would facilitate peer-to-peer payments without the need for anchors. It could be used to make small payments all over the world.

Also, we have <strong>Lightning Network</strong> and SDEX planned to be available this year. So bright future is waiting for all of us! Cheers!

A “stroop” is the smallest amount unit. It is one ten-millionth: 1/10000000 or 0.0000001. The term stroop is used as a convenient way to refer to these small measurements of amounts. The plural form is “stroops” (e.g. “100 stroops”). Fun fact: this term is derived from Stroopy, the name of the Stellar mascot whose name is derived from stroopwafels.

Source: https://www.stellar.org/developers/guides/concepts/assets.html

XLM will indeed dominate the remittance industry with IBM as they emerge from the Pacific Island- Click on the link to see 2015 perspective of remittances within countries that KlickEx, Stellar and IBM deal will cover. Will the value to $ increase for sure as it needs to meet the demand ......http://www.pewglobal.org/interactives/remittance-map/ : Remittance Map https://www.stellar.org/blog/IBM-KlickEx-Partnership/ : Countries in the IBM/Stellar/KlickEx deal

One big point is the use of compliance servers to verify transactions. It's a bit like multi-sig wallets but automated.

Your compliance server uses the compliance protocol to clear the transaction with the recipient’s compliance server, then lets the bridge server know the transaction is ok to send.

https://www.stellar.org/developers/guides/anchor/4-compliance-server.html

This is a much more realistic approach to eCommerce.

App is already working but waiting for feedback from the Ledger developers. They did promise me that they would take a look and start integrating it soon. But who knows. The thing needed from Ledger is that the app can be loaded from their device manager. Right now you need a fair bit of computer know-how to load it onto your device.

Second thing that needs to be done is a wallet that connects to the Ledger Stellar device app. I'm working on integrating it in the account-viewer. I might also add the support to StellarTerm. This isn't the problem however. I already got everything working. Biggest problem is Ledger devs are extremely busy right now.

Crypto Tracker Bot

Android: https://play.google.com/store/apps/details?id=com.lwbrands.android.cryptotrackerbot&amp;hl=en

iOS: Crypto Tracker Bot by LW Brands, LLChttps://itunes.apple.com/us/app/crypto-tracker-bot/id1320756750?mt=8

Enjoy =]

https://www.stellar.org/blog/finclusive-helps-businesses-stay-compliant-and-launches-payments-in-usdc

Question, regarding the recurring "Delay" effect on the rise of XLM price.

Is there a possible technical reason as to why this would occur?

I personally doubt it and I do not hope for a pump and dump, as I believe in the overall goal of Stellar. I do however believe that XLM is relatively undervalued and USDC will effect price.

Full Disclosure; I'm a Junior Dev and I'm interested in learning all I can about Stellar and I frequently read over the Developers Documents on https://www.stellar.org/ hoping something will stick (It hasn't yet I currently write 'shitcode' but here's hoping).

Thanks for any response or guidance!

If you've been reading between the lines (i.e. recent hires), a marketing push is imminent.

Today's Stellar podcast (episode #25) talked about an upcoming restructuring of the Stellar Community Fund into two tiers after the current round (#5) ends on August 10th. Have a listen - there is a mention of "marketing" connected to this, too. Seems smart to me, as it separates the smaller-scale (hackathon-style, often shelved) projects from those that go on to be ecosystem cornerstones. Some companies will require millions of Lumens not to sell them to fund themselves, but to create millions of accounts for the arrival of the masses.

Patience.

As a user you would not have to do anything. If this change goes through it means that the inflation operation itself will always return opNOT_SUPPORTED if someone were to try to trigger it.

>Wouldn't a high XLM price be bad for integrators since now they have to pay a fee to use the network?

Not necessarily. With the base fee being 0.00001 XLM, even a huge sum of transactions upwards to millions of dollars won't even be $1000 worth of fees. Compare that to today's money transfer fees, you will be saving hundreds of thousands of dollars if you use Stellar.

From the link I posted above also, it explains how these fees actually get refunded into the weekly inflation. So as long as those integrators are connected to an inflation pool, they will a chunk of XLM back because the weekly inflation is 1% + transactions fees in that week.

https://www.kraken.com/en-gb/about

It's not EU based ;-)

Founded in 2011, San Francisco-based Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen.

I think it's good to point out how important these build challenges are. SBC6 had 324 submissions. A mix of 324 teams and individuals were able to contribute to improving the Stellar network and many were rewarded for doing so.

If you look at the 2018 Roadmap you'll see there's actually an interesting bit about this project which at the time was simply referred to as the "SDEX."

Here is a screenshot highlight some of the details from the roadmap. I went ahead and highlighted some interesting bits. But to answer your question, the Stellar Foundation commissioned the team to create what we now know to be StellarX.

Just for fun, I highlighted some snippets at the bottom. We know that carbon credits have officially been issued on the Stellar network. With a little bit of speculative could this imply that oil futures are also on the table in the near future?

I thought the for-profit Lightyear was set up by SDF to be responsible for creating momentum towards broader adoption of Stellar, but they're not doing education, marketing, or promotion either, at least not publicly. I recall them being the entity responsible for creating the SDEX UX/UI, but again, we get no roadmap, no news, nothing.

Worse, all the media appearances I've seen of Jed lately have been terrible; he obviously doesn't like doing them, doesn't prepare, and has no innate skill at explaining his work to broader audiences. It's understandable if Jed only want's to work on his creation without distractions, but like you I wonder why he doesn't he hire a team to do this stuff.

It can change to adjust. The minimum balance of a basic account is calculated by 2 * the base reserve. The base reserve at the moment is 10, thus now the minimum balance now is 20.

> Fee Changes > > The base reserve and base fee can change, but should not do so more than once every several years. For the most part, you can think of them as fixed values. When they are changed, the change works by the same consensus process as any transaction. For details, see versioning.

https://www.stellar.org/developers/guides/concepts/fees.html

A single transaction fee is 0.00001 XLM.

If 1 XLM is $350 the fee can be lowered.

A transaction takes between 3 to 5 seconds indendently of the Lumen's price.

Fees are destroyed or can be given back to users if they use the inflaction pool.

https://www.stellar.org/developers/guides/concepts/fees.html

Nice to see Stellar holding strongest among top Alts: https://www.fool.com/investing/2018/08/20/heres-how-much-these-14-top-cryptocurrencies-have.aspx

Some dropping over 90%. Ouch!

I'm not saying you should buy XLM, but I can say why being part of the Stellar community... Because SDF is doing an amazing job with presenting crypto to the regulatory bodies. Because is widely accessible and accepted, because transactions are nearly feeles and almost instant, because its evolving rapidly, because SDFs intentions are transparent, because, because, because... ♾️

The Stellar official website speek for itself why stellar is a big part of Crypto ecosystem

Stellar is a base level protocol. it's not up to the dev team to do any marketing. The SDF is doing a wonderful job getting partnerships and there are many ongoing projects:

https://www.stellar.org/ecosystem/projects

Customer facing applications are what need marketing, so maybe try asking one of companies from that list.

No, fees are distributed via inflation.

Check out our page regarding fees: https://www.stellar.org/developers/guides/concepts/fees.html

>Denelle - what do you see as the biggest challenge at the moment? What are your main priorities for 2019?

Our main priorities for 2019 fall into three categories: 1. Organizational development - we need to focus on ourselves so we can in turn focus on our technology; 2. Stellar technology; and 3. Ecosystem - we need to focus on growing Stellar, bringing more businesses onto Stellar, creating more opportunities for blockchain generally, and working with others on the policy and regulatory issues that confront the entire ecosystem.

Well, first, you didn't move it to StellarX, you moved it to a stellar wallet. StellarX is just a user interface to interact with the Stellar DEX. Some other UIs are stellarterm, stellarport, and maybe there's some more I'm forgetting. You can use your same secret key at any one of those websites to interact with the DEX using the same wallet. No matter which UI you use, you will see the same order book and the same history and prices.

&#x200B;

So, not sure where the issue is, though. First, I would confirm that your secret key works. Go to the stellar account viewer https://www.stellar.org/account-viewer/#!/ and log in and check it out (feel free to navigate to their independently, in case I used a tricky URL and a fake website). If it works, then go through the process of creating an account at StellarX and you enter your secret key, and that should be that. If you have further issues, you can DM me or something and we can talk specifics, if you don't want to share your public key publicly.

It's already received Sharia compliance: https://www.stellar.org/blog/stellar-receives-sharia-compliance-certification-transfers-tokenization

And the XLM you receive from inflation isn't an interest payment. You're not loaning anyone anything.

Mmmm.. PoW works well for many things but if I had to say, it’s really not ideal for tokenized assets like stablecoins. Seems to me that you are mixing the public trust in an asset issuer (what makes that 1 tethered USD = 1 USD) and the technology that is used.

The main issue on the technical level is that we want to be sure about who issued the token and who owns it. Stellar protocol can do that very well with better scalability, more speed and much lower fees.

As for the “network that must be halted in case of failed consensus”, you should obviously read about the Federated Byzantine Agreement. Split votes always have a solution and the network can’t be halted. I don’t know where you read that but this was a bad source :) https://www.stellar.org/papers/stellar-consensus-protocol.pdf