Wirex and Stellar to create 26 new stablecoins
Payments platform and crypto Visa card provider Wirex partners with the Stellar network to build and launch 26 new stablecoins.
Stellar Price Analysis – Fees rising substantially
Fundamental network metrics for XLM show fees rising substantially with no significant rise in transactions per day, which may point to a scaling issue in the near future.
Stellar Price Analysis – Bullish fundamentals
Fundamental network metrics for XLM remain poor when compared to other networks. However, current metrics including transactions per day, mean transaction value, NVT, and daily active addresses have continued to paint a bullish picture over the past few months.
Stellar Price Analysis – Nascent bull trend
Technicals based on trend indicators and a multi-month price consolidation suggest a nascent bull trend on both the XLM/USD and XLM/BTC pair.
Stellar Price Analysis – Bucking the trend
Both the growth in users and increasing economic activity suggests a trend of new entrants using the Stellar blockchain. This is in stark contrast to most other coins in the market. XLM also appears on the cusp of a Coinbase listing, and is working closely with several prominent partners.
Sustainable investing in blockchain with carbon coins
The trend towards conscious capitalism is just as significant for listed companies who want to drive their share price as it is for startups trying to get their product off the ground.
Stellar Price Analysis – Technicals suggest the continuation of an ongoing bull trend
Stellar (XLM) aims to create an open platform for building financial products. Users can write messages to Stellar network’s distributed database (similar to SWIFT and Ripple), use XLM as a medium of exchange, or use the asset to trade other pairs, similar to a decentralized exchange.
Counterparty payments in seconds is an easy sell
It made me laugh today. I was chairing a panel where Romana Kumar, Head of Global Transaction Banking for the National Bank of Abu Dhabi (NBAD), was discussing their trial of Ripple. The background to this was announced in a press release on 1st February 2017.
The Stellar Consensus Protocol: A Federated Model for Internet-level Consensus
This paper introduces 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.
Digital Currency Startup Stellar Adds Ex-Stripe CTO Greg Brockman To Board
The ex-CTO who helped build Stripe, currently valued at $5 billion, has joined Stellars board. The non profits mission is to leverage distributed ledger technology for the development of emerging economies and underserved populations.
A Scenario Planning For Interbank Payments And Decentralized Ledger Platforms
Cross-border payments nowadays take place through slow and expensive correspondent banking. Decentralized Ledger Platforms (DLPs) might bring change by offering a payments backbone which requires no central trusted party. Examples of such DLPs are Ripple, Stellar, Hyperledger and Open Transactions, which are all follow-ups of the disruptive Bitcoin protocol. Financial institutions are not eager to adopt the Bitcoin, but the technology behind the Bitcoin itself, the blockchain, is promising and of future value. Many uncertainties arise by outlining how exactly these DLPs might change the financial industry of the future. Therefore, this research tries to understand what DLP-facilitated future interbank payments look like and gains this understanding by means of scenario planning. This leads to the following research question: What are future scenarios for the implementation of decentralized ledger platforms facilitating interbank payments? The scenario planning is fed by an elaborate research of literature about organizational adoption of radical innovations, the current way of carrying out interbank payments, crypto currencies and DLPs. The scenario planning itself consists of trends, uncertainties and dynamics, which are thought of and verified by a multitude of stakeholders and experts from different backgrounds and industries. Scenarios are created and underlying findings are discussed.
Stellar Makes Microfinance Push
Stellar, the cryptocurrency created to mirror the ideas behind Ripple but with an intention to make the initial distribution better, is entering the microfinance industry, with a partnership with Oradian, a core microfinance software company.
Ripple Addresses the Stellar Fork
"We take any reports about possible security issues very seriously and after reviewing the information conclude that there is no threat to the continued operation of the Ripple network." - Ripple
Ripple/Stellar Consensus System May Have Serious Issues
The Ripple-style consensus system has come under serious doubt, as Stellar, based on the same consensus algorithm has experienced a ledger fork.