Review on Stellar by Fanuel PORPORTY
Stellar is a decentralized platform for transacting with any currency.
The XLM is one of the most promising payment currencies. Its governance, security and hybrid architecture have everything to convince, even if the project is currently the subject of strong speculation and seems to me overvalued. Nothing says, however, that the platform will not be able to meet a massive adoption within the next 5 years, and see its value explode. Numerous projects pass through the heart of its ecosystem, especially during each Build Challenge, and currency is used more and more.
Pros
- An already functional, fast and scalable platform;
- Multi-signature transactions to guarantee a good level of security;
- Stellar is versatile: it allows managing low-cost micro-payments (IoT), but also sending money transfers at the most attractive exchange rates, and settling payments in real time;
Cons
- Stellar's market cap is currently very high, while there is still little demand for the token;
- Many currencies compete with the Stellar Lumens, which is positioned in a very competitive niche.
New products
Comments (1)
January 10, 2020
dislike me a bit on the project, in a way your network becomes slow in some occasions, in addition to the asset delivery system is somewhat complicated for inexperienced
