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Review on Stellar by dance islamet
Fast payment: Pay almost instantly. Not dependent on the miner: Transactions…
Fast payment: Pay almost instantly.
Not dependent on the miner: Transactions do not need to be approved and verified by the miner to run.
Receiving micro payments: Previously, micro payments were very uncomfortable to do on the Bitcoin blockchain. Now this payment is very possible thanks to Lightning Network.
Receive multi-signatures: Transactions will run if everyone present in the channel approves.
Reducing load blockchain: With many transactions running in the chain, this network reduces the load that must be taken by the main chain.
Reducing waiting time: Because the transaction runs outside the chain and without the intervention of miners, there is a small chance of waiting time. This helps scalability because it will increase the number of transactions that occur every second.
Pros
- The Stellar system is very user-friendly. First, making tokens for Dapp developers will be very easy. Second, because smart contracts cannot be encoded in complicated languages like Solidity, ICO makers don't need to spend money on recruiting Solidity developers. Finally, investors will not be forced to use Lumen to invest in Stellar ICO. They are free to use Bitcoin, Ethereum, and Lumen.
Cons
- With stable development, a remarkable team, advisors and impressive partners, it looks like there will be more updates. Let's see how they are in line with their development and see if they really can meet our expectations.
