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Review on Stellar by Thoi Het

Revainrating 4 out of 5

Stellar's goal is to connect financial institutions and help reduce costs and…

Stellar's goal is to connect financial institutions and help reduce costs and time for cross-border transfers. Both Ripple and Stellar share the same software protocol, but differ only in their development goals. Stellar is a great opportunity for those who want to diversify their basket of investments

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Pros
  • Ripple Labs aims to facilitate transactions between large financial houses while Stellar would prefer to be a highly in-demand cryptocurrency for seamless payments between people and merchants.
Cons
  • ou must have minimum 5 XLM in the new transaction transaction.