Review on Stellar by Vladimir Lesnikov

Name: Stellar
Item: Stellar
Rating: 5

September 02, 2018

Stellar is an open-source protocol for exchanging money using blockchain…

Stellar is an open-source protocol for exchanging money using blockchain technology. The platform's source code is hosted on Github. The Stellar network can quickly exchange government-based currencies with 2 to 5 second processing times. The platform is a distributed ledger maintained by a consensus algorithm, which allows for decentralized control, flexible trust, low latency, and asymptotic security
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Pros

Stellar is not simple blockchain - it is decentralized protocol for digital currency to fiat currency transfers which allows cross-border transactions between any pair of currencies. The Stellar network has been used by companies such as IBM, KlickEx, Deloitte and many others.

Cons