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17 Review
28 Karma

Review on Stellar by Muhammad Shakhawat Hossain

Revainrating 4 out of 5

Stellar Lumens cryptocurrency project that focuses on payment processing in…

Stellar Lumens cryptocurrency project that focuses on payment processing in particular.This should not come as a surprise, because the Stellar project is a fork of the more popular Ripple cryptocurrency. The Stellar project plans to bridge the gap between cryptocurrency and centralized financial institutions or banks.



Pros
  • Real-life application filling the need of the market.IBM are utilising this function.To an investor, investing in Stellar would likely to be attractive.Perhaps most importantly, IBM is already using Stellar Lumens technology .
Cons
  • Stellar is a decentralized currency, while Ripple is a centralized currency.The Stellar team is relatively smaller.