stellar blockchain
An open network for money
- Crypto / Blockchain Solution
Company Info
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.
- 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.
As per the latest updates, Stellar has raised a total of $100M across two funds announced on Oct 12, 2022.
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.
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| Headquarters | United States |
| Number of Employees working in the company | -- |
| Last updated annual revenue of the company | -- |