stellar blockchain

Stellar Blockchain is a decentralized protocol that allows cross-border payments where the sender and the receiver are located in different countries, making financial access for the users easy. 

Company Details

• Founder: Jed McCaleb, Joyce Kim
• Founded: July 31, 2014
• Headquarters: San Francisco, California, United States

Key Features:

• Transactions on Stellar are cost-effective with fees around 0.00001 XLM. 
• It utilizes the Stellar Consensus protocol for exchanging money and tokens. 
• Includes a built-in decentralized exchange allowing users to trade tokens directly without intermediaries.
• Its user-friendly interface lets users make transactions easily without needing extensive technical knowledge.

FAQs

1. What is the native cryptocurrency of Stellar Blockchain?

Lumens is the native token used to pay transaction fees and prevent spam.

2. How quickly are transactions made on Stellar?

On average it can process transactions in 3-5 seconds.