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Joined November 2020
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The @StellarOrg blockchain was purpose-built for RWA tokenization and crossborder payments. As a result, there's a few things that make $XLM's chain different from other L1s... - The Stellar Consensus Protocol: Stellar uses Federated Byzantine Agreement instead of PoW or PoS. Nodes dynamically choose which other nodes to trust, resulting in 3 to 5 second finality without high energy usage, mining hardware, or token staking lockups. - Easy Issuance and DEX Construction: Creating tokens and trading them does not require smart contracts. Basic token issuance and a limit-order-book DEXs are hardcoded directly into the L1 itself. - Native Path Payments: Stellar allows a sender party to send one currency (like USD) and the recipient to receive another (like EUR) in a single atomic transaction. The network automatically routes and converts the funds through available DEX order books or liquidity pools to make it happen. - Predictable Fees: Txns cost a fixed micro-fraction of a cent, wholly avoiding the insane gas fee spikes seen on auction-based network during times of high traffic. Certainly, there are more. But already we can see why Stellar's designers made the choices they did...
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