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"INFO -  Welcome to Stellar... AKA PAYMENT NETWORK
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(12-01-2018, 07:01 PM)Vieamie Wrote: Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim. Its board members and advisory board members include Keith RaboisPatrick CollisonMatt MullenwegGreg SteinJoi ItoSam AltmanNaval Ravikant and others. The Stellar protocol is supported by a nonprofit, the Stellar Development Foundation.

At launch, Stellar was based on the Ripple protocol. After making several changes to critical consensus code, the Stellar network forked. In the aftermath, Stellar co-founder Joyce Kim claimed this was a flaw in the Ripple protocol but this statement was challenged in a blog post by Ripple Labs CTO, Stefan Thomas.
The Stellar Development Foundation then created an updated version of the protocol with a new consensus algorithm, based on entirely new code. The code and whitepaper for this new algorithm were released in April 2015, and the upgraded network went live in November 2015.
In September 2017, Stellar has announced it will award partners in its new benefits program up to $2 mln each to develop “high-impact projects.”
In October 2017, IBM and payments network KlickEx have announced Stellar as the backbone of its new “cross-border payments solution.”

Read more here: https://en.m.wikipedia.org/wiki/Stellar_...t_network)

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RE: Welcome to Stellar... AKA PAYMENT NETWORK - by piyushgajjar - 19-01-2018, 05:28 AM

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