Thursday, February 11, 2021

What is Stellar Blockchain?


 

Stellar blockchain “is a platform that connects banks, payment systems, and people” and is intended to “move money quickly, reliably, and at almost no cost.”


What makes the Stellar Blockchain different from other blockchain networks?


It is an open-source and decentralized platform.

Supports thousands of transactions per second. 

Leverages smart contracts and multi-signatures. 

It has 1% fixed annual inflation. 

Confirmation time is 3-5 seconds. 


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