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Team & Founders
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Community vote
Based on 1 vote
The community score represents our users' personal view on this project.
Summary
Type
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State
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Country
United States
Founded
2014
Dlt Type
Blockchain
Exchanges
n/a
Regulator
United States SEC
Blockchain
Own network
Product Stage
In development
Blockchain Necessity
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OTC Index Position
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CoinMarketCap Position
11
Last ReportLast Report
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Token Appreciation
Type
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Dividends
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Usability
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Financial Summary
Price
$0.07
Fair value
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Market cap
$1,379,019,661
24H Change
-1.13%
Last 1 month
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Volatility
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ROI in ETH
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Token sale
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Price On Ico Usd
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There are no reports written about this project yet, but you can request one here, or even publish your own here.
About project
Stellar is a free, open-source network that lets anyone build low-cost financial products for their community, using blockchain technology. It connects people, payment systems, and banks.
Lumens (XLM) play a small anti-spam role on the Stellar network. Each transaction has a minor fee of 0.00001 lumens associated with it. This fee prevents users with malicious intentions from flooding the network (otherwise known as a Denial of Service attack). Therefore, Lumens work as a security token, mitigating DoS attacks that attempt to generate large numbers of transactions or consume large amounts of space in the ledger.
Another such security measure of the Stellar network is that all accounts are acquired to hold a minimum balance of 20 lumens. This requirement ensures that accounts are authentic, which helps the network maintain a seamless flow of transactions.

Secondly, lumens may facilitate multi-currency transactions. Lumens sometimes facilitate trades between pairs of currencies between which there is not a large direct market, acting as a bridge. This function is possible when there is a liquid market between the lumen and each currency involved.
Core team
JS
Bartek Nowotarski
Developer
 
JS
Boris Reznikov
Partnerships
 
JS
David Mazières
Chief Scientist
 
JS
Ella Qiang
Director of Partnerships China
 
JS
Jed McCaleb
Co-founder/Developer
 
JS
Joyce Kim
Co-founder/Chairperson of the Board
 
JS
Lisa Nestor
Partnerships
 
JS
Nicolas Barry
CTO
 
JS
Rafal Malinowski
Developer
 
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Scott Fleckenstein
Developer
 
JS
Tunde Ladipo
Partnerships
 
JS
Keith Rabois
Board Member
 
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Shivani Siroya
Board Member
 
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Greg Brockman
Board Member
 
Advisors & CM
JS
Patrick Collison
Advisor
2018 - present
JS
Greg Stein
Advisor
2018 - present
JS
Matt Mullenweg
Advisor
2018 - present
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Naval Ravikant
Advisor
2018 - present
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Ronaldo Lemos
Advisor
2018 - present
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Sam Altman
Advisor
2018 - present
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Dan Kaminsky
Advisor
2018 - present
JS
Bhagwan Chowdhry
Advisor
2018 - present
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