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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Stellar by Jesmin Akter

Revainrating 4 out of 5

Stellar provides decentralize financial services.

One of the most promising payment currencies is the XLM. Its governance, security, and hybrid design all have the potential to persuade, even if the project is presently the topic of intense speculation and appears to be overpriced in my opinion. Nothing, however, suggests that the platform will not get widespread acceptance and see its value skyrocket in the next five years. Numerous projects travel through the core of its ecosystem, particularly during each Build Challenge, and money is becoming increasingly popular.

๏ปฟ

This project provides decentralized exchange and cryptocurrencies, as well as economic transactions as compared to other assets. It is open and verifiable; it is available on github, and additions are welcome. Send money to any location in the globe instantly and without having to enter the amount. suitable for everyday consumer goods purchases

๏ปฟ

Stellar, in general, is a project with a comprehensive ecosystem, highly decentralized exchange, and quick and safe transactions. With many examples where its application in the actual economy has been validated, with various firms employing this platform as a way of economic connectedness to the rest of the globe.

๏ปฟ

What makes Stellar lucrative is its utility and rapid expansion, with a development staff that has good profiles and is verified, focusing on a rising market and investing time and money to make this a more sustainable environment.

Pros
  • A quick, swift, scalable platform already working.
  • Transactions using many signatures ensure a high degree of security.
  • Micro-payments are cheap.
  • The best exchange rates and payments are settled in full detail.
Cons
  • Nothing significant.