Stellar is an open-source, decentralized protocol that enables cross-border transactions from digital to fiat currency. According to its website, “the mission of the Stellar Development Foundation (SDF) is to promote global financial access, literacy, and inclusion.“ In 2019, Stellar has big plans.
But, let’s start from the beginning.
How did Stellar started?
In 2014, Jed McCaleb, co-founder of Ripple, and Joyce Kim, former lawyer, launched the network system Stellar. In the beginning, Stellar was functioning as Ripple‘s hard fork, but eventually, it became independent, open-source protocol, with its own cryptocurrency initially called Stellar. However, it soon changed its name to Lumen (XLM).
After that, in December 2017, Stellar Lumens officially changed its name to Stellar. Additionally, Stellar upgraded its network and changed the name of its native asset from Stellar to Lumen.
What are the plans for Stellar in 2019?
New visual identity
In 2019, Stellar started rebranding. Led by a new CEO, the team ditched the old rocket ship logo and changed it to a more minimalistic one. They also announced the revamping of their website, and according to their roadmap, it should be done by May 1st.
Improvement of Horizon
Horizon is a client-facing API server for the Stellar ecosystem. This year, Stellar announced that they want to improve the Horizon admin and developer experience. In addition, the team wants to define a schematized API for how Horizon fetches data from stellar-core.
Development of Stellar ecosystem
Stellar has a very active social and developer community. Therefore, in 2019, Stellar wants to support people who are building and talking about the Stellar network. Also, the team wants to increase Stellar’s presence across different online channels, as well as organize a Stellar Conference in 2019.
Improvement of Stellar Core
Stellar Core is the software that validates transactions. The Stellar team wants to improve decentralization, make node management easier and faster, and maintain a consistent ship schedule.
What about the airdrops?
At this moment, Stellar is giving away $125,000,000 worth of Stellar Tokens (XLM) in collaboration with Blockchain.com. Moreover, this is already the second airdrop Stellar is distributing. The first one, was for Bitcoin holders in the summer of 2017, during which Stellar gave away 19 Billion XLM tokens, making it the biggest airdrop in history.
If you want to participate in the current Stellar airdrop, check out our step-by-step guide on joining it.
Find Alerts for legitimate & good airdrops on the bigger Telegram Channels.
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