Stellar Cryptocurrency


Betty Cherotich asked 4 months ago

What is the technology behind stellar cryptocurrency?

1 Answers
Steven Hay answered 4 months ago

Hi Betty,
 
Stellar is a fork of Ripple. It uses modified Ripple tech but is more fairly distributed, with the Stellar company holding less coins compared to the Ripple company. It’s not as secure, resilient or decentralized as Bitcoin’s blockchain. Here is the white paper on it, which should fill in the details:
 
https://www.stellar.org/papers/stellar-consensus-protocol.pdf

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