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Review on Stellar by Thi Hoa
After some interpersonal conflicts at Ripple Labs, he and Joyce Kim left to…
After some interpersonal conflicts at Ripple Labs, he and Joyce Kim left to found Stellar with backing from successful payment provider Stripe. More than one lawsuit was filed in relation to these 9 billion XRP, but McCaleb eventually won a settlement which permitted him his gains and vindicated his right to liquidate his holdings.
Pros
- You can become the lucky user of the Lumens’ give away. The Stellar Lumens network gave away already around 1.7 trillion lumens for free. They assure users that such a process is helping the network to grow bigger every year; The transactions are proceeded with a high speed; The Stellar Lumens network facilitates multi-currency transactions. The token XLM can be traded on every marketplace with all existing cryptocurrencies.
Cons
- In order to vote for himself, a user must hold .05% or more of the lumens supply. Everyone votes for a certain address, a portion of the weekly 1% inflation is delegated there, and then the voters take their share of the rewards. There are multiple pools which facilitate this, with XLMPool.com being among the largest.
