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Non ETH Projects (72)
Blockchain software architecture
EOS is aiming to become a decentralized operating
system that can support industrial scale decentralized applications.
That sounds pretty amazing knowing what we
know about the scalability of public blockchains.
EOS claims that they'll have the
ability to conduct millions of transactions per
second all without transaction fees.
So how could they possibly offer
They claim to have solved the biggest problem in the
In comparison to traditional payment channels,
Visa handles 1667 transactions per second while bitcoin
manages about 7 transactions per second.
The reason for this is
that public blockchains like bitcoin currently require
total consensus across nodes. EOS's solution to this
is called delegated proof of stake or dPOS.
understand the following, you should probably have a good grasp on regular proof of
In typical proof of stake algorithms,
a block producer is chosen from a pool of stakers based on various
selection algorithms that typically take into account the amount of
tokens staked or the amount of time the tokens have been staked.
In the dPOS
system, the block producers are chosen instead by a vote. Anyone
that holds EOS tokens can vote on who the block producers should be
for each block.
21 blocks are produced in each round of voting.
20 are made by the top 20 producers voted
for and the 21st is made by a random selection based on the number of
votes other producers have received.
So if there are two producers
remaining after the top 20 are selected, they each have a chance to
produce the final block based on their final counts.
is a way to ensure that block producers are not always the same few people.
Block producers are incentivized to act honestly because they can be
voted out by the users on any given cycle.
SO instead of competing
with other nodes, they work together to validate transactions as
quickly and efficiently as possible.
Block producers are also required to
be active in order to keep the chain moving. Any producer who hasn't produced
a block in the last 24 hours is removed from voting consideration.
In this way, instead of reaching consensus
across every node in the network like bitcoin,
EOS uses a democratically selected pool of 21 validators to achieve consensus much
This does of course come at the cost of some decentralization.
To take control of the EOS consensus
mechanism, we only need to gain control of 50% of the
producers. In this case that's 11 nodes.
On the bitcoin
network you'd need to gain control of millions and millions of dollars worth of mining
power to successfully attack the network.
dPOS is a key part of delivering the revolutionary speed and
efficiency that dPOS promises.
By explaining how it works we've already
covered a major part of what makes EOS unique and
effective. But there is much more to learn, so let's delve into that now.
EOS has a 5% yearly inflation rate and 1% of that is used
to reward its block producers. A producer's share of that 1%
is based on their number of blocks produced as well as the
The other 4% is put into savings for a
worker proposal fund that can be used to invest into anyone willing
to improve the EOS infrastructure.
The one huge and final difference between
EOS and other dApp platforms like ethereum is EOS
runs on an ownership model similar to an operating
system. Ethereum on the other hand can be thought of as renting out
computation power in exchange for the transaction fees.
What this means is anyone on the network is entitled
to an amount of resources proportional to the number of tokens they own.
amount of tokens you own is effectively how much of the network you own and can
This in a sense removes transaction fees
because you can always use the part of the network that you own to process your
It does however mean there is a barrier to entry
to use the network effectively.
If you own very
few coins, you have very little access to the networks' capailities.
It can be tough to use the blockchain as a hobbyist or casual user if
several tokens are required to interact with the chain.
If you are someone who owns
a higher number of coins, you can use the network more efficiently. But you
also have a larger amount of money invested.
This means that you are
more exposed to any price swings that affect the token. It also means to
use the chain to its full potential, one has to have a higher level of
EOS has both interest in technology and a
strong team behind them. They have every opportunity to do something
While they mechanisms and philosopies
certainly have potential holes, all blockchains do.
It's great to see drastically
different systems working in the space and we are
excited to see what EOS' unique
One Frictionless Experience To Send Money Globally
Rising into the ranks of the top five
cryptocurrencies within the past
two months in terms of market cap.
Ripple has been getting a lot of
attention. Let's take a look at the basics of this
The Ripple ecosystem
consists of two main technologies. The
first is the Ripple protocol which is an open source
protocol for inter institutional transactions.
The second is XRP which is the native currency of
the Ripple network and can be used as a denomination
when transactions are initiated on the Ripple network.
The primary participants
in the Ripple ecosystem are gateways
which serve as central exchange
points. Validator nodes who validate transactions
using a consensus protocol as opposed to mining
which you may see with other currencies.
Individual wallet owners
as well as market makers who provide
liquidity by trading on the Ripple
The consensus ledger is a perfect record
of all Ripple accounts determined by the servers on the
A new ledger is created every
few seconds. Whenever new transactions
are introduced into the network,
servers on the network share information about these
candidate transactions with each other in order to start the process of
until a super majority of peers agree on a
set of candidate transactions to be added
to the new ledger.
This is called
the consensus process.
last validated ledger as a starting
point, nodes evaluate candidate transactions
from trusted peers called
Transactions that fail to be validated can be
validated in a future round of
Gateways are an important aspect
of the Ripple network. They allow you to deposit
funds in exchange for Ripple, withdraw funds by redeeming
Ripple or transfer Ripple to another user.
They function much like banks however
all transactions on gateways are stored on this
shared Ripple ledger.
A few things to keep in mind
regarding Ripple. One of Ripple's main value propositions is to allow
for low cost speedy international
transfer of funds between institutions.
Each time Ripple is transferred, a small amount of Ripple is
burned. The primary reason for this is to
deter an attack on the network from a
flood of transactions.
Ripple doesn't use
mining and proof of work like other cryptocurrencies
such as bitcoin. Its validation
mechanism is the consensus protocol.
already being used by several banks at
I hope you
introduction to Ripple.
Dash - Dash is Digital Cash You Can Spend Anywhere
In this video we'll be going
over the basic features of Dash.
Dash was originally launched as
XCOIN in January of 2014, rebranded
as DarkCoin so after. And then in March
2015, given its current name of Dash in reference to the word
Dash is a cryptocurrency
platform focused on innovating in the
areas of privacy, transaction speed
and decentralized governance.
in the Dash ecosystem include
wallet holders who can send and receive cryptocurrency
using their private and public keys. Miners who
create blocks and validate transactions through a proof of work
algorithm. And masternodes which are unique to
Dash and provide an additional layer of functionality that we will look at
Masternodes are participants who
put up a minimum of 1000 Dash coins
as collateral in order to provide additional functionality and
governance to the network in exchange
for a percentage of block rewards.
private send, instant send and also
determine how funds in the treasury are
Block rewards are split as follows. 45%
goes to the miners, 45% goes to the masternodes
and the remaining 10% goes to the treasury.
The treasury funds can be used to fund
projects which further the Dash platform. These are voted on by the
PrivateSend is an
optional service offered by masternodes for a small
fee. It mixes a senders' transaction with identical
inputs for multiple users into a single
transaction with several outputs.
This makes directly tracing
a transaction nearly impossible.
sent must be multiples of pre-determined amounts to allow for
is another optional service offered by masternodes
for a small fee. This allows for near instant transactions
by locking transaction inputs while they await being
recorded on the blockchain. Blocking the inputs prevents
double spending of transactions.
Thank you for joining
Blockchain Healthcare Platform
Healthcare provision worldwide has
become highly inefficient and expensive.
In the US alone, up to 1 trillion dollars
is wasted through administrative coins,
over-utilization and fraud.
This waste is caused by
outdated and cumbersome healthcare systems which place
an enormous strain on patients,
doctors and administrators..
A change is urgently
Meet Solve.Care, the
global blockchain solution for healthcare
coordination, administration and payment.
The Solve.Care platform harnesses blockchain
technology to reduce the hefty clinical and IT
system costs attached to our current healthcare structure.
Solve.Care's ecosystem connects patients, doctors,
employers and insurers.
consists of the Care.Wallet, Care.Card,
Care.Marketplace and Care.Coin.
The center of the
Solve.Care experience is the Care.Wallet personalized healthcare
coordinator which allows patients and providers to
administer healthcare in an easy way.
The Care wallet functions through decentralized healthcare apps
called care cards.
With care cards, patients
can enroll in health insurance, manage health insurance benefits
and make instant appointments and review and pay
Doctors can issue prescriptions and coordinate with
specialists. Employers can administer benefits and
As the care community
evolves, further utility and value will
be added through Care.Marketplace which is an app store where
developers can build and release their own care card applications.
The Solve.Care platform runs on two
tokens, CareCoin and Solve
CareCoin is a stable payment token used to pay
doctors, labs and hospitals.
The Solve tokens is the gas of the platform,
used to conduct transactions and access Solve.Care's tools and
Taken together, the Solve.Care system makes
quality, more affordable and easier for
The future of healthcare is here.
GXChain is a fundamental blockchain for the global
are bombarded daily by target and precise advertising.
Especially regarding our personal
information, consumption habits, behavior
Big Data brings great convenience to our
life but it also turns us into walking
data targets devoid of
The leakage of
data information means that we and
our information can be viewed any time
concern at how large corporations collect and use our
data has led to a raft of data management
security regulation from governments.
poor supervision can't prevent the black
Internet companies own huge amounts of
data and their motives can hardly be
said to be altruistic.
a result, the burgeoning black market encourages
the act of data trafficking.
At this critical
juncture, the GXChain team has bravely
taken up the mantel of public privacy and safety
by developing a fundamental blockchain
for the global data economy called
GXChain designed to build a
trusted data internet of value
on the GXChain.
The user gives authorization for the process
to begin. And once the data is encrypted and
uploaded, the users own
trusted digital identity is generated. And
the private data key is handed over
to the user.
The process is analogous to locking someone's
personal data in a safe to which only the
owner or the data has the
sole key that can authorize decryption.
addition, there is no centralized storage of
data and any request to use the data must be authorized by the
Meanwhile users will
benefit from any value generated by the use of the
allows users to regain data
ownership so that users will no longer become victims of data
GXChain is not
fighting this battle alone. It provides a
complete technical solution including a
modulized side chain storage service called
Bars which solve the problem of limited data storage
space on the main chain.
virtual machine for the programmable
smart contract which allows developers to
develop rich blockchain applications, providing
multi dimensional services to global
GXChain will work with developers to
create an ecosystem of blockchain applications
that respect the privacy and rights of
GXChain will help
users regain their data ownership and
allow them greater control over and
benefits from the growing data revolution in a safe and
A free and lightning fast peer-to-peer transaction
Bitcoin started a new
era and brought us the new technology. Even bitcoin is
the pioneer of the blockchain field. It suffers
from fast growing adoption.
The most significant
problems are insufficient transaction capacity,
slow confirmation and high transaction fees.
Then many new respective blockchains came out one after
another in the past few years to address the shortcoming
However none of them are able to
solve such weaknesses of bitcoin and neither
are able to interoperate with each
Decentralized applications remain isolated in their
respective blockchains they reside on as
they cannot access digital assets on the other blockchain.
To do so they have to depend on a centralized
exchange to facilitate their transaction. This
lack of ability to exchange and use information between
blockchains makes the solutions
It makes the process slow and
expensive and obstruct the blockchain technology
If blockchain ever grows,
it needs an internet for all blockchains. A silo breaker with
enough capacity, fast confirmation and low
came as a solution provider. Mixin Network
is an inter-operable public
chain powered by trusted execution environment,
asynchronous BFT and
directed acyclic graph.
My methods of secret
sharing scheme, key fragmentation, punitive
POS and multi-signature on private
To achieve high security,
lightening speed, zero transfer
fees, ease of use, inter-operation
and unlimited scalability.
supports 12 public chains including
bitcoin, bitcoin cash,
ethereum, ethereum classic, EOS,
Ripple, Sia, Litecoin,
Dash, Dogecoin, ZCash and
Mixin is working on supporting the top
50 blockchains. More than 40,000
tokens could be transferred freely
and instantly in Mixin Network. Cumulative
transactions exceeded 100 million.
Network aims to mix all blockchains in one
network to build a ecosystem in blockchain world.
Mixin Network, the ecosystem
welcomes all the co-build, copyright
programs, social network programs, information
programs, gaming programs are joining Mixin
The ecosystem is growing bigger than
Network, mix all blockchains in
Tezos is a new platform for smart contracts and de
is an all new start contract platform built from scratch
with security and future growth in mind.
Smart contracts reduce
costs, save time and provide new options
for automating complex transactions.
In the future
smart contracts will allow you to check into your hotel as you unlock the
door. Or allow internet routers to dynamically
negotiate and allocate bandwidth.
Smart contracts can help
manage access rights to your healthcare
records. They might let you insure your picnic using
micro weather insurance.
But all blockchain platforms face a big
challenge. How does everyone agree on changes to the
protocol and upgrades to the platform itself?
When participants can't come to consensus on the direction of the
network, growth stalls or worse hard forks split the
Tezos solves these problems.
other smart contract platforms, Tezos has a formal
governance mechanism on the blockchain itself.
We enable token holders
to make decisions about how the protocol should
All decisions are made transparently on the blockchain.
Once a decision is
made, the Tezos platform pushes the upgrade automatically to the network.
Tezos starts with the [inaudible] protocol
but its governance mechanism allows token holders to upgrade
all aspects of the platform. Can
even change the rules for decision making.
Beacuse Tezos starts with a unique modular design,
with cleanly separated layers,
upgrading the protocol is as simple as changing out one layer for another.
There is no need for hard forks.
written in [inaudible] a statically typed
functional programming language.
Formal verification can
ensure the security of a platform by proving the correctness of its
It's typically a difficult
process but writing it in [inaudible] makes it much easier.
And Tezos also features
a new smart contract programming
language called [inaudible] also designed to facilitate
When your smart contract is handling high
value transactions, you want it to perform as
intended. [inaudible] makes sure of
This is Tezos. A smart contract platform but with formally verifiable
code and integrated self
Peer-to-Peer Electronic Cash
What is Bitcoin Cash? Bitcoin Cash
is an upgraded version of the Bitcoin
Core software. It's faster, cheaper and more reliable to
There is plenty of advantages to
using Bitcoin Cash. Firstly it's convenient.
Anyone can send Bitcoin Cash
any time, anywhere and it's mobile friendly.
You can send really low payments like less than
10 cents for online
content. A dollar to a good cause. Or how about $5
for a cup of coffee?
YOu can even use it to send
large business transactions worth millions of dollars across
There are no boundaries.
It's virtually free or when there is a fee, it's so low
cost that you won't even notice.
Cash transactions are extremely fast. You can
receive it in 3, 2
,1 -- there it is!
With more transaction capacity than the
old bitcoin core software and a roadmap
of regular network upgrades to meet demand, Bitcoin
Cash is reliable. In the morning,
at the day time, at the night time,
all the time.
The best part is that
Bitcoin Cash is hassle
free and that's all because there are no central points of authority.
It's fast, cheap to use and reliable.
Think of it as electronic cash that you can send or
What are you waiting
for? Make life simple
by getting Bitcoin Cash now.
Open source P2P digital currency
What is Litecoin?
Litecoin is a decentralized
online currency created in October
Litecoin can be used to purchase services such as website
development or to buy goods like jewellery
Litecoin provides a safe or easy way for merchants to
accept money as there are no fees to receive payments and no charge backs.
All transactions are recorded on a public
ledger known as the blockchain, so payments can be immediately verified.
With Litecoin you can
send money anywhere in the world, to anyone
The transaction fees are considerably
less than those charged by major credit card companies,
traditional bank transfers and even other digital payment
For example, a business in Singapore can
receive a payment from a customer in San Francisco in a matter of
second. Additionally, both parties have clear proof that the payment
was sent was received.
Litecoin works using
secure software that allows you to make payments as easily as sending an
You can send and store them securely on your computer
or your mobile device.
There will only ever be
84 million litecoins. So you'll never have to worry
about inflation decreasing the value of your
Litecoin has a stable, established marketplace consisting of
many exchanges that handle tens of millions of
dollars of Litecoin trades every day.
use these trusted exchanges to trade your dollars, euros and other fiat
currencies for Litecoin.
The possibilities are
Welcome to the future of
You can learn
more about Litecoin
In this video we'll be going over the basic
features of Cardano.
Hoskinson is one of the co-founders of ethereum. In 2015
along with the Cardono Foundation, he founded
Cardano is a platform composed
of a settlement layer to handle cryptocurrency
transactions and a computing layer which is built to handle
The idea here is to separate the accounting
of transactions from the reasons why transactions are being performed.
layer is the first layer to be developed by the
Cardona team. ADA is the native cryptocurrency
for Cardano. ADA may be used to send and
receive digital funds on the settlement
Cardano allows for decentralized
applications also known
as dApps which run directly on the blockchain rather than on
a proof of stake consensus algorithm
called Ouroboros to validate transactions.
was developed by a team of cryptographers
for multiple academic institutions. It is specifically
designed to be modular, future proof and
flexible as consensus algorithms evolve over
In a proof of stake
algorithm, the participant who will create the next block is
randomly selected proportional to the size of their stake in the
As a proof of
stake algorithm, Cardano is not dependent on
mining like proof of work algorithms like the one that bitcoin
Time in Cardano
is divided into epochs which are further divided into
slots. Slots are short time periods around 20
seconds. Each slot has one
slot leader. Only the slot leader can create one and only
one block in their assigned slot.
fees in a given epoch are collected in a virtual
pool and distributed to these slot
Not all participants
on the network are involved in choosing the next slot
leader. In order to qualify, participants must hold a
minimum threshold stake in the currency. If they quality,
they are considered electors for the next
Slot leader election is performed using a distributed method of
generating a random
number. The inputs are secret seeds generated by the participants
and the final output is an identifier for a
specific existing coin.
The owner of this coin will become
a slow leader.
All concepts that are
implemented in Cardano follow an academic peer review
An interesting feature in the pipeline
currently is sidechains which will allow for greater scalability
and new features without forking the blockchain.
quantum resistant signatures which will prevent an attack
from a quantum based
on the network.
A dAppXplorer Hosted Project!
IOTA is a cryptocurrency platform
designed to innovate in the areas of
scalability, transaction speed,
transaction cost and provide a platform for the
IOTA was founded in 2015
by the IOTA Foundation. The native cryptocurrency
for transactions on the IOTA platform is
most cryptocurrencies, IOTA does not use
blockchains or miners in their protocol. IOTA uses
a technology called Tangle which is a data structure
based on directed acyclic
A new transaction starts out as
unconfirmed. In this graph the grey blocks
represent unconfirmed transactions also known
Every participant on the network has to actively
participate its consensus by
validating two past transactions whenever a new transaction is
Once unconfirmed transactions are
validated as tips by new transactions,
they become partially accepted transactions
represented as red blocks in this graph.
A recipient validates transactions by randomly
selecting a set of tips and calculating the percentage of
them which are able to directly reach their
This ratio can be used as a scale of
confidence in the amount of validation performed
on a transaction.
A transaction that can be
reached by all tips is considered completely
validated by consensus and is represented by a green block in this
have zero fees. The fee is substituted
by the work done by the participants in validating
two past transactions and by participating in
consensus on the state of the network.
Since validation is
distributed, in theory the validation
speed should increase as more participants join the network.
IOTA's core features uniquely position the platform
to serve the machine economy, allowing
smart devices to send micro transaction between each other without
A parallel, dual-chain ecosystem.
is a distributed ledger cryptocurrency
in both blockchain and blockless based directed
acyclic graph systems.
Here are 7 reasons
why Hcash can be revolutionary cryptocurrency.
One, Hcash is Hive.
Hcash has a dual sidechain composed of blockchain
and DAG systems
designed to implement an unrestricted flow of information and
value between blockchain based and blockless based
Hcash is hidden. Hcash will adopt zero knowledge
proofs technology to achieve bi-directional
encryption and many other
areas demanding transactional privacy.
Hcash is hybrid. The consensus mechanism
for Hcash is PoW plus
PoS open-governance model.
holders are able to participate in significant
community wide decision making including protocol
update and upgrading through a PoS mining
Four, Hcash is
hierarchy DAO governance. Decentralized
autonomy organization is the driving force behind
future advancement and provides the
Hcash community with continual vitality.
Five, Hcash is
hard. Hcash takes quantum resistance
into considering from the very beginning of system
design. Therefore Hcash still has a natural advantage
of over systems at the system level even after
the rise of practical quantum computers.
Six, Hcash is Haven.
Hcash holders can transfer between public and
private addresses through their own wallet or client
The transaction or delivery across different
systems can be requested for public addressed or private
Hcash is handy. Hcash
enables Hcash holders to transfer unlimited times
with a limited block size.
Hcash is a revolutionary cryptocurrency
XYO Network is blockchain's first crypto-location
Cryptocurrency smart contracts automatically
obligations cutting out the middleman.
These smart contracts
have one downside, there is no single authoritative and decentralized
way to execute a contract based on locational data.
For example, there is no way to create a smart contract
that allows for payment on delivery for e-commerce
The XYO network is meant to solve this
problem. It's an ecosystem of devices which communicate with one
another to create an unalterable
history of interactions and locations stored on a
A user can independently verify
that an item tracked using the XYO network was in a
defined place at a specific point in time.
Since XYO network devices talk to each other, every user
augments the other.
A delivery driver can help
find your lost bike. Or your parked car can help confirm your neighbor's
Users are rewarded with XYO
tokens when ever the data they provide is used to help another
user track or locate an item.
Thanks to a
unique proof of origin algorithm, the provided data
is always valid and up to date.
XYO network, bringing the blockchain to the
0xBitcoin is directly competing against Ether as a
0xBitcoin is the first fully
decentralized ERC20 token and is the first
purely mined token on ethereum
and it aims to be the primary medium of exchange and store of
value on the ethereum network.
The 0xBitcoin token was deployed to the ethereum blockchain
in February 2018 with the following
attributes. -- First mineable token.
ERC20 compatible. No pre mine or
instamine. No ICO.
was never intended to act as a currency and 0xBitcoin
will allow ether to fulfill its
full intended purpose of securing the ethereum network.
0xBitcoin takes the best properties of bitcoin and
ethereum and combines them into one token.
It can be mined exactly like bitcoin but transferred
10x faster and 100x
0xBitcoin combines the bitcon properties
of block rewards, proof of work issuance
and a 21 million coin cap
with the ethereum properties of speed,
dApps and DEX
Unlike Ether, it interacts with smart contracts for storing
and transferring value. While bitcoin can only be
traded using centralized means,
0xBitcoin can be traded permissionlessly
via smart contracts which cannot be affected or controlled
by central entities.
It is also immune to
Add all this to the proven market
demand for a faster version of bitcoin
as we've seen in Litecoin's success and
it is plain that 0xBitcoin fills a hole in the
crypto market space.
People are excited about the project
in no small part due to the decentralization of
the token and the active and engaged
community which has sprung up around the token.
The community has
achieved several key milestones since the project's
launch including creating an EIP
specifically for mineable tokens. Creation of mining
pools with multiple new mining clients as well as
on-going development of Lava Wallet,
Quarry and Off-chain transactions.
0xBitcoin is a unique project backed by a
passionate community dedicated to making it the primary transfer of
value for the
Decentralized Fog Computing Platform
you could lend your hardware's computing power when you aren't
SONM is a supercomputer that connects millions of
devices all over the world to solve complex
Data naalysis. Scientific calculations.
Machine learning. And
other challenges that never seemed
SONM, the most powerful
computer. Visit us at SONM.com
The Blockchain Database Cloud
We are V.Systems,
blockchain opens up the centralized system to a safer decentralized
environment. Currently we are seeing a whack of blockchain
applications in the market for businesses in
leveraging blockchain and scalability which are two of the biggest
challenges making the technology difficult to
V.SYSTEMS is created to transform the industry.
Sunny King the creator of
proof of stake consensus returned in 2018
to launch a revolution to the blockchain world again.
This time he's been working with a great of world leading database
scientists to create the V.Systems
project with the vision to rearchitect the blockchain and
establish the digital economy era.
created V.Systems and SPoS
consensus. V.Systems is a blockchain database
cloud project which will deliver the world's first object oriented
database with general purpose and is empowered
to carry out complex decentralized
SPoS is a high performance version of proof of
stake consensus which enables a dramatic rise
in the speed, scalability and security of blockchain
tech against a 51% attack.
We follow the original PoS consensus
which allows our users to gain more control through
staking. The supernodes also carry out block minting
activities at a guaranteed rate while rewarding coin holders.
V.Systems is working on providing the world's
first full featured blockchain data for storing object
oriented data and will support more complex
applications such as finance, gaming and social
media that depend on extensive database
storage and operative abilities.
The platform is
offering cloud developing and modular design tools which will be
user and developer friendly while
enabling enterprise developers to focus on doing business on the
blockchain instead of struggling with difficult coding
The other key functions of V.Systems are
side chain management, start assets
management, consensus management, inter chain
processing and transaction processing.
The V.Systems platform
also keeps a sharp eye on cutting edge
blockchain technologies including toolsets
to setup blockchains for functionality and smart contract tools
which improve scalability and usability.
Join Sunny King to
rearchitect the blockchain. The future of
blockchain is for everybody and starts right here.
Platform for building financial products
Let's talk about another emerging
cryptocurrency called Stellar.
As always mentioned, I am not a financial
advisor. I'm simply sharing this information that I have
found by doing some research to determine if Stellar is a good
investment for myself.
let's get to the brief summary of what Stellar
Stellar is a leap frog technology that
connects people, payment systems and banks with a
focus on the developing world.
It let's you facilitate
multi currency and asset transactions
quickly, reliably and for a fraction of a penny by
using a crypto asset called Lumens as a bridge.
trades under both the XLM
and STR ticker. The Stellar Lumens team wants to
make monetary transactions
cheaper, quicker and more reliable than they are under current
In addition, their protocol would connect people from all over the
world by allowing for more efficient cross border
Lumens are pre mined, so there is no
mining involved like bitcoin or DASH.
The supply of
Lumen increases at a fixed rate of
1% a year. It has been proven to be able to securely
process over 1000 transactions per second
with a billion unique user accounts.
based on a consensus algorithm rather than
mining. This means transactions confirm in a
It is fast, real time settlement with
2 to 3 seconds.
You can buy Stellar Lumens
at Bittrex, Poloniex and Binance.
Next we will
discuss some good reasons Stellar is a good
Stellar is partnering with IBM and
ClickX to develop a blockchain based cross border payment
solution proven to significantly reduce
transaction costs and increase transaction speeds.
Also Deloitte, Parkway Projects and Tempo have started building
services on Stellar's network.
cross border payment solution is already processing
live transactions in 12 currency corridors
across the Pacific island, Australia, New Zealand and
is another coin in the crypto world that provides
similar solutions as other blockchain platforms
such as Ripple but with some twists.
So please do your own
research before jumping in.
Do you have any thoughts on pros and cons