Stellar (payment network)

Stellar
Original author(s)
Developer(s)Stellar Development Foundation
Initial releaseJuly 31, 2014; 10 years ago (2014-07-31)
Repository
Written inC++, Go, Java, JavaScript, Python, Ruby
Operating systemCross-platform
TypeBlockchain
LicenseApache License 2.0
Websitestellar.org
Lumen
Denominations
Plurallumens
Symbol*
CodeXLM
Precision10−7
Subunits
110000000stroop
Development
White paperThe Stellar Consensus Protocol: A Federated Model for Internet-level Consensus[1]
Initial releaseJuly 31, 2014; 10 years ago (2014-07-31)
Development statusActive
Ledger
Supply limit50 billion
Website
Websitestellar.org

Stellar, or Stellar Lumens, is an open-source, decentralized protocol for digital currency to fiat money low-cost transfers which allows cross-border transactions between any pair of currencies.[2] The Stellar protocol is supported by a Delaware nonprofit corporation, the Stellar Development Foundation, though this organization does not enjoy 501(c)(3) tax-exempt status with the IRS.[3][4]

  1. ^ Mazieres, David (25 February 2016). "The Stellar Consensus Protocol: A Federated Model for Internet-level Consensus" (PDF). Retrieved 18 May 2021.
  2. ^ Ben Dickson (January 30, 2018). "Can blockchain democratize education? This startup seems to think so". The Next Web. Retrieved August 26, 2018.
  3. ^ "Stellar FAQ". Archived from the original on 14 January 2021. Retrieved 15 January 2021.
  4. ^ Jillian D’onfro (31 July 2014). "PayPal's Cofounder Is Supporting A New Non-Profit That Will Tackle The Vision PayPal 'Never Accomplished'". Business Insider. Retrieved 23 April 2015.