Review on Stellar by Thi Le

Name: Stellar
Item: Stellar
Rating: 5

September 01, 2018

the mission of the Stellar Development Foundation (SDF) is to promote global…

the mission of the Stellar Development Foundation (SDF) is to promote global financial access, literacy, and inclusion – which is achieved through providing developers with the technology to create financial products and services for their communities.
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Pros

Both Stellar (XLM) and Ripple (XRP) were spearheaded by Jed McCaleb.

Cons

The biggest problem I see is that the currency can't be mined, thus giving no real incentive for anyone to form a node on the Stellar network. Hence, I feel that Stellar will become a network of a few gateways, leading to low adoption and low trust in the network.