Yes! Stellar is fully open-source, allowing developers around the world to contribute, build, and audit the code for transparency and innovation.
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Yes. Unlike blockchains that rely on energy-intensive mining, Stellar uses a lightweight consensus protocol that is extremely energy-efficient.
SCP is the algorithm used by Stellar to achieve decentralized consensus without mining. It’s fast, energy-efficient, and ensures network agreement on transactions.
A Stellar anchor is a trusted entity that connects real-world assets (like fiat currency) to the Stellar blockchain by issuing tokenized versions. Anchors act as bridges between traditional finance and crypto.
Denelle Dixon is the CEO and Executive Director of the Stellar Development Foundation (SDF). She leads the organization’s mission to create equitable access to the global financial system through blockchain technology.
XLM, or Lumens, is the native cryptocurrency of the Stellar network. It is used to pay for transaction fees and helps move money across borders quickly and efficiently.
Stellar is an open-source, decentralized blockchain network designed to facilitate fast, low-cost cross-border payments. It enables digital representations of any currency—dollars, pesos, bitcoin, pretty much anything—and allows users to send and trade them.
LumenAsk is built on the Stellar blockchain to leverage its fast transaction speed, low fees, and secure environment. The Stellar blockchain provides the ideal infrastructure for decentralized applications, allowing LumenAsk to offer a transparent and seamless experience for users.
LumenAsk stands out through its decentralization and use of the Stellar blockchain. This provides users with full ownership of their data and ensures fairness and transparency. Additionally, LumenAsk rewards users with its native token for their contributions.
LumenAsk operates as a decentralized Q&A platform where users can ask questions, provide answers, and engage in meaningful discussions. Every interaction on the platform, from asking to answering, is recorded on the Stellar blockchain to ensure transparency. Users can also ...