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Amsterdam
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5 Karma

Review on Stellar by ava sandres

Revainrating 3 out of 5

Stellar XLM cryptocurrency project review

Stellar is a distributed payments system that is open-source. With an emphasis on the developing world, it is a leapfrog technology that links individuals, payment systems, and banks. It uses a crypto-asset called Lumens (XLM) as a bridge to enable multi-currency and asset transactions swiftly, reliably, and for a fraction of a penny.

The value of XLM is anticipated to increase in price if banks replace their traditional means of foreign cash transfer with Stellar's household technology. International bank transfers require substantial sums of money.

Stellar is fantastic for sending value for now; I haven't used it for anything else, but I'll keep using it to see where it goes.

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Pros
  • They provide a wealth of knowledge and instruction on the subject of developing on stellar.
Cons
  • The only disadvantage they could have is Devs. I'm not sure how many people are presently working on a fantastic network.