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Review on Stellar by Le Thun

Revainrating 5 out of 5

Stellar is an open source, blockchain-based protocol that can connect to banks…

Stellar is an open source, blockchain-based protocol that can connect to banks, payment systems, and people, with the goal of delivering fast, reliable, and extremely low cost. As such, we can send and receive transnational currency, in currency pairs with faster time and lower costs, than traditional services thanks to the intelligent application of Stellar's blockchain technology.



Pros
  • Partnerships announced in the last months of 2017, such as with IBM, generated renewed interest in Stellar, taking the price from a steady $0.02 to as high as $0.85. (Yes, that’s right… pretty stellar performance!)
Cons
  • Hard to get for a common person, non existing market to spend Lumens.