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Author Topic: [ANN][XLM] Stellar - Decentralized trading platform  (Read 116259 times)
wiked1
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May 20, 2016, 12:56:20 PM
 #61

Yes XLM/STR/STELLAR will do well in nigeria.Many nigerian princes waiting to buy this
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May 23, 2016, 05:46:36 PM
 #62

On the Stellar laboratory / transaction builder, what is the purpose of the inflation operation?

https://www.stellar.org/laboratory/#?network=public
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May 23, 2016, 05:48:28 PM
 #63

On the Stellar laboratory / transaction builder, what is the purpose of the inflation operation?

https://www.stellar.org/laboratory/#?network=public
The Stellar distributed network has a built-in, fixed, nominal inflation mechanism. New lumens are added to the network at the rate of 1% each year. Each week, the protocol distributes these lumens to any account that gets over .05% of the "votes" from other accounts in the network.

The inflation operation lets you "vote."

More info:
https://www.stellar.org/developers/learn/concepts/inflation.html
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May 23, 2016, 06:54:13 PM
 #64

On the Stellar laboratory / transaction builder, what is the purpose of the inflation operation?

https://www.stellar.org/laboratory/#?network=public
The Stellar distributed network has a built-in, fixed, nominal inflation mechanism. New lumens are added to the network at the rate of 1% each year. Each week, the protocol distributes these lumens to any account that gets over .05% of the "votes" from other accounts in the network.

The inflation operation lets you "vote."

More info:
https://www.stellar.org/developers/learn/concepts/inflation.html

Are the 0.05% votes based on all the lumens in existence (around 100 billions) ?
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May 23, 2016, 08:06:46 PM
 #65

On the Stellar laboratory / transaction builder, what is the purpose of the inflation operation?

https://www.stellar.org/laboratory/#?network=public
The Stellar distributed network has a built-in, fixed, nominal inflation mechanism. New lumens are added to the network at the rate of 1% each year. Each week, the protocol distributes these lumens to any account that gets over .05% of the "votes" from other accounts in the network.

The inflation operation lets you "vote."

More info:
https://www.stellar.org/developers/learn/concepts/inflation.html

Are the 0.05% votes based on all the lumens in existence (around 100 billions) ?

They're based on all lumens in existence, including the lumens already generated from previous inflation rounds (compound, not simple)
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May 23, 2016, 08:40:26 PM
 #66

On the Stellar laboratory / transaction builder, what is the purpose of the inflation operation?

https://www.stellar.org/laboratory/#?network=public
The Stellar distributed network has a built-in, fixed, nominal inflation mechanism. New lumens are added to the network at the rate of 1% each year. Each week, the protocol distributes these lumens to any account that gets over .05% of the "votes" from other accounts in the network.

The inflation operation lets you "vote."

More info:
https://www.stellar.org/developers/learn/concepts/inflation.html

Are the 0.05% votes based on all the lumens in existence (around 100 billions) ?

They're based on all lumens in existence, including the lumens already generated from previous inflation rounds (compound, not simple)

Perfect. Thanks  Smiley
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June 10, 2016, 05:58:38 PM
 #67

Stellar Partnership with Deloitte

http://bankinnovation.net/2016/05/deloitte-taps-blockchain-startups-to-build-new-core-banking-system/

Deloitte: For those who don't know

https://en.wikipedia.org/wiki/Deloitte

Deloitte Touche Tohmatsu Limited /dəˈlɔɪt ˈtuːʃ toʊˈmɑːtsuː/, commonly referred to as Deloitte, is a multinational professional services firm headquartered in New York City in the United States.[5]

Deloitte is one of the "Big Four" and the second largest professional services network in the world by revenue and the largest by the number of professionals. Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 225,400 professionals globally.[6] In FY 2015, earned a record $35.2 billion USD in revenues.[4]

As per reports in 2012, Deloitte had the largest number of clients amongst FTSE 250 companies in the UK[7] and in 2015, Deloitte currently has the highest market share in auditing among the top 500 companies in India.[8][9]

Deloitte has been ranked number one by market share in consulting by Gartner,[10] and for the fourth consecutive year, Kennedy Consulting Research and Advisory ranks Deloitte number one in both global consulting and management consulting based on aggregate revenue.[11] In 2016, Fortune magazine ranked Deloitte as one of the 100 Best Companies to Work For[12] and Bloomberg Business has consistently named Deloitte as the best place to launch a career.[13]


The partnership with Stellar, a non-profit organization dedicated to facilitating cross-border payments, is part of a pilot initiated in Nigeria that aims to reduce the cost and the time of cross-border payments, Jed McCaleb, co-founder of Stellar, told Bank Innovation.

Deloitte is building an entirely new system, and Stellar is a payment rail. A big part of the cross border stuff is that there is a lot of friction between parties. But there shouldn’t be. Just like you are able to send an email from a Google domain to a Yahoo domain, we are aiming to do the same with payments. There’s a lot of stuff today out there utilizing this technology [blockchain] at various degrees of solidness. Some of it doesn’t work, some of it is solid. With this partnership, you can start using Stellar tomorrow.

Together with Stellar, Deloitte developed a mobile app, which can make cross-border payments “as easy as Venmo,” Piscini said. The solution reduces the cost of transfers by up to 40%, and completes the transaction in about five seconds, the company said. Here’s a quick look at the Stellar/Deloitte app.

https://www.youtube.com/watch?v=Qy-X8ECvIik&feature=youtu.be
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June 19, 2016, 03:17:32 PM
 #68

Article about an event we did in Nigeria: https://techpoint.ng/2016/06/17/stellar-state-nigeria-next-generation-banking/

stellar.org   |    twitter
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June 21, 2016, 03:03:07 PM
 #69

An article about the integration of Stellar with Barclays and Deloitte: http://www.americanbanker.com/news/bank-technology/how-barclays-aims-to-bring-a-billion-unbanked-into-the-fold-1081591-1.html

stellar.org   |    twitter
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June 22, 2016, 03:26:53 PM
 #70

Wow Jed, is this really you? Really cool to see you reacting on this forum.

You guys are booking some amazing results (without spreading too much hype). The infrastructure is rock solid and your strategy is fantastic.

May I ask what is the role of the advisory board? How often do you speak with them?



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June 22, 2016, 03:37:30 PM
 #71

Yep really me.

Yeah we are really excited to be out of the building stage. Stellar is in really good shape technically now and it is time to get people to start using it.

The advisory board is there to bounce ideas off of, get feedback on strategy, help with connections, and basically give advice Smiley  How often we talk to each member really varies depending on what we are up to and what decisions we are trying to make. For example when we were thinking of becoming an apache project we spoke a lot to Greg Stein since he obviously knows the Apache Foundation really well, etc.

stellar.org   |    twitter
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June 26, 2016, 01:13:17 PM
 #72

Thanks for the reply. The advisory board is really impressive. I never seen this thread before. I will be checking it more often. Keep up the good work.

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June 26, 2016, 01:54:23 PM
 #73


Stellar is doing great, but the fact to the matter is their is lacking some real marketing people there.

The giveaway for example.

1)
Seems like you've designed it so that stellar.org gets the bulk of the coins.

The calculation should be a percent of BTC that are used to claim Lumens is what should be used, not the percentage of the total BTC population. I expect less than 10% of BTC will be used to claim Lumen which means stellar.org will get 90% of the 3 billion.


2) Why give Lumens to holders. Use the community to promote it. Giving it away like this will only create more selling on the exchanges.
To let people earn stellar by making/writing about the concept, or cases (Nigeria) will make them understand the project and it's scope.

With that they are likely to hold their coins AND at the same time Stellar will get proper attention.

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June 26, 2016, 03:05:35 PM
 #74

Stellar market is manipulated by a handful of insiders with large bags
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June 26, 2016, 05:41:18 PM
 #75

I Remember when this coin was in face two giveaway so many members wait for their stellars, but only some have receive it, imagine that billion of stellars, an official forum that went under because of lack of funding.

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June 28, 2016, 08:57:47 AM
 #76

I am disappointed that after all this time the first giveaway to BTC holders is only for facebook users or (even worse) those silly enough to send all their BTC to an exchange. I understood the Stellar giveaways were supposed to honor Bitcoin's important role in the technology, so the way the lumen giveaway is being run seems completely contra to the decentralized notion of blockchains. I'm sure the Stellar team can find a better way.

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June 28, 2016, 12:34:30 PM
 #77

Is the decentralized exchange functioning?

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June 28, 2016, 04:15:17 PM
 #78

HarrKPeters: We are doing something like you suggest now: 2B+ lumens will be awarded to projects built on Stellar more info here: https://bitcointalk.org/index.php?topic=1529992.new#new
and here: https://www.stellar.org/blog/build-challenge/

Emerger: We are limited on how we can do it by US regulations. We have to ensure that we are not giving lumens to people on the US sanctions list. So we need some way of verifying who they are.

 Crypto*Digger:  yes the distributed exchange is working but it depends on 3rd parties to become what we call anchors to put other currencies into the network.

stellar.org   |    twitter
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June 29, 2016, 01:15:04 AM
 #79

So this time next week, btc and xrp holders with eligible snapshot criteria, Facebook auth and etc can claim their lumens?

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June 29, 2016, 03:52:01 PM
 #80

Well just btc holders. We are doing the xrp one in the next round.

stellar.org   |    twitter
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