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Review on Stellar by Anh Hoa

Revainrating 5 out of 5

Stellar facilitates near-instant payments between parties and its network…

Stellar facilitates near-instant payments between parties and its network includes “anchors,” which are trusted third-parties who help on-board network participants using traditional means like bank accounts and other fiat institutions.




Pros
  • artners like Mifos and Moni both work to create banking solutions using Stellar technology.
Cons
  • Initially, Stellar’s code was similar enough to Ripple that it functioned in much the same way. Stellar made a number of changes to the way consensus is reached, and this caused a minor fork in the Stellar blockchain in December of 2014.