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Nepal
1 Level
453 Review
106 Karma

Review on Stellar by Syed Adnan

Revainrating 4 out of 5

Open network for storing and moving money.

I like to think that it has all along wanted to get the coin to a sweet spot that it works for everyone and then throw away the original key allowing it to be ran by a series of codes that no one will ever be able to change.

We’re talking really long term but eventually I believe that can happen but their adding millions of coins into the circulating supply every week this is why the price is sinking it needs more adoption and fast to keep up with its supply otherwise the value will keep on sinking.




Pros
  • Fast, cheap, reliable, secure, scalability for mass adoption seems ready, the Foundation developers team, open source protocol, active developers community, ease to build an ICO, strong partnerships.
  • This is a coin that emulates money (inflation) while also allowing others to build other coins on top of it for varying uses. There are a plethora of other reasons.
Cons
  • Adoption not happening fast enough, It is rarely being used due to people holding the coin. In crypto were still in the phase of investors where we need a strong use case that people would be willing to utilize it.