Stellar

[EvaStellar]

@Weltumschauung here's how you could create an account, buy lumens, and store them w/o handing over your private key:

1) Use the Account Creator tool to generate your public and private key. Save them somewhere safe, like a password vault.

2) Purchase lumens on an exchange and have the exchange send them to your public key.

3) From there, you can use the account viewer to send and receive lumens and check your balance.

The reason that you're seeing a focus on developers precisely because most people need apps/services/tools to interact with the protocol. We're focused on getting people to build localized tools to serve their own communities. We hope this encourages community ownership of the ecosystem, rather than a centralized ecosystem with Stellar.org at the center. Hope that makes sense.

Finally some clear instructions on how to setup my first Stellar account and get started. Thanks for sharing this. I have waited a long time for this. Hopefully, I would be able to invest into Stellar and join this exciting journey. The BTC-Lumen giveaway is awesome and definitely a great idea to gain more interest into XLM. I am watching this thread for more updates. Also, I have joined Slack to keep up to date with XLM's current development. 

Awesome, see you around! Welcome to the Stellar community

[favdesu]

there's no way I'll ever give a 3rd party my private keys for whatever reason.

[klintay]

there's no way I'll ever give a 3rd party my private keys for whatever reason.

can't believe there is not a standalone wallet for PC, Linus or Mac..WTF!
This online wallet stuff is pureBS

How the f*** do these ladies in Africa use the currency?!? 

[jwinterm]

there's no way I'll ever give a 3rd party my private keys for whatever reason.

can't believe there is not a standalone wallet for PC, Linus or Mac..WTF!
This online wallet stuff is pureBS

How the f*** do these ladies in Africa use the currency?!? 

It's all bs, re: the non-profit aspect to save the world. Their first facebook giveaway is recorded on youtube being scammed by lots of people with thousands of accounts, and now they're trying to force people to link their facebook profiles to their public bitcoin addresses at the moment, probably so they can sell the data to someone. They're registered as a non-profit in Delaware, which basically means that they don't have to do anything special or account for what they're spending their revenue on. So yea, if you want to associate your facebook profile with a btc address, and help perpetuate their 100% premined scamcoin, by all means, sign up for the giveaway.

[baggy23]

https://i.imgur.com/moaDkoc.png

You can read about It More here: https://www.stellar.org/blog/bitcoin-claim-lumens/?utm_source=Stellar+General+Updates&utm_campaign=8488ae9c56-Bitcoin_giveaway_announcement_general_4_25_2016&utm_medium=email&utm_term=0_c77c979e43-8488ae9c56-278837969

wow, what happened with the giveaway for XRP holders who dumped their XRP on armajeddon?

[God27]

You can read about It More here: https://www.stellar.org/blog/bitcoin-claim-lumens/?utm_source=Stellar+General+Updates&utm_campaign=8488ae9c56-Bitcoin_giveaway_announcement_general_4_25_2016&utm_medium=email&utm_term=0_c77c979e43-8488ae9c56-278837969

wow, what happened with the giveaway for XRP holders who dumped their XRP on armajeddon?

Now that Jed and fam made their final agreement, Jed/Stellar/Joyce(background dancer) will never bring up ripple or xrp again.

[EvaStellar]

Big announcement in the Stellar ecosystem: Deloitte is using the Stellar network to power cross-border transactions!

Here's a (video) demo of Deloitte's Stellar software here.

 

[Abiky]

Very interesting:

https://www.stellar.org/blog/roadmap/

Just saw the roadmap for Stellar and I would say that big things are coming for it (if they manage to deliver as promised) As long as a GUI wallet for Stellar is on the list, it will really bring non-tech savvy users into it and thus increase adoption of the crypto currency. There may still be hope for Stellar in the upcoming months or years. Let's wait and see what happens 

[tokeweed]

This project is going nowhere.  And so is Ripple.

[Abiky]

This project is going nowhere.  And so is Ripple.

Yeah. As for Ripple, I have heard that it is centralized in which they control the supply, etc. I don't know if Stellar is the same, but if it does, it will be going nowhere. Many things needs to be implemented into Stellar like a GUI wallet, a mobile wallet (Android/iOS), and perhaps a decentralized exchange for it (like BTS has). Just my opinion 

[Nxtblg]

This project is going nowhere.  And so is Ripple.

Sad to say, you may be right. The trouble with projects like Ripple and Stellar is that they're aimed at partners that we folks have little contact with. Wasn't Stellar's big brag about partnering with Stripe?

[tokeweed]

This project is going nowhere.  And so is Ripple.

Sad to say, you may be right. The trouble with projects like Ripple and Stellar is that they're aimed at partners that we folks have little contact with. Wasn't Stellar's big brag about partnering with Stripe?

Yup.  Stripe funded the Stellar Foundation with 6M USD I think. 

[God27]

This project is going nowhere.  And so is Ripple.

Yea but in 2 years when lumens and xrp increase in price you will say either you were joking or you bought them right before the increase. I'm pretty sure everyone knows your scumbag ways lucky331.

[klintay]

This project is going nowhere.  And so is Ripple.

Yeah. As for Ripple, I have heard that it is centralized in which they control the supply, etc. I don't know if Stellar is the same, but if it does, it will be going nowhere. Many things needs to be implemented into Stellar like a GUI wallet, a mobile wallet (Android/iOS), and perhaps a decentralized exchange for it (like BTS has). Just my opinion 

STR is also a premined centralised coin

[1ofthemany]

This project is going nowhere.  And so is Ripple.

Yeah. As for Ripple, I have heard that it is centralized in which they control the supply, etc. I don't know if Stellar is the same, but if it does, it will be going nowhere. Many things needs to be implemented into Stellar like a GUI wallet, a mobile wallet (Android/iOS), and perhaps a decentralized exchange for it (like BTS has). Just my opinion  

STR is also a premined centralised coin

How do you premine something that that cannot be mined at any point? "Those gasoline powered horses with rubber hoofs are highly suspicious"

[Abiky]

STR is also a premined centralised coin

Thanks for the information. I guess that STR is no different than Ripple, and thus it will be really difficult to see it become a big hit, unless devs prove otherwise. First bring on a user friendly wallet, and then we could see many new investors join in this crypto currency. Not everyone is tech savvy and having a wallet GUI will be a major advantage towards widespread adoption of STR. But, let's see how this will turn out to be. Maybe the giveaway will be a big success for Stellar. 

[DuckKeeper]

STR is also a premined centralised coin

Thanks for the information. I guess that STR is no different than Ripple, and thus it will be really difficult to see it become a big hit, unless devs prove otherwise. First bring on a user friendly wallet, and then we could see many new investors join in this crypto currency. Not everyone is tech savvy and having a wallet GUI will be a major advantage towards widespread adoption of STR. But, let's see how this will turn out to be. Maybe the giveaway will be a big success for Stellar. 

I doubt that such a huge give away will bring anything then a major dump at the best.
Which is why I sold most of my STR for Bitshares.

[Abiky]

I doubt that such a huge give away will bring anything then a major dump at the best.
Which is why I sold most of my STR for Bitshares.

Yeah me too. Bitshares looks far more advanced (and with better features) than STR. It has many things like a GUI wallet, a decentralized exchange, voting mechanism, assets and many more. A completely decentralized financial platform with blockchain technology. I have found myself BTS very useful, but low prices means that it has not gained enough interest or exposure to attract major investors. 

However, STR could be really cool if wasn't centralized (and premined) Maybe someday, it will be worth something after all. 

[jeniferqueen0409]

I doubt that such a huge give away will bring anything then a major dump at the best.
Which is why I sold most of my STR for Bitshares.

Yeah me too. Bitshares looks far more advanced (and with better features) than STR. It has many things like a GUI wallet, a decentralized exchange, voting mechanism, assets and many more. A completely decentralized financial platform with blockchain technology. I have found myself BTS very useful, but low prices means that it has not gained enough interest or exposure to attract major investors. 

However, STR could be really cool if wasn't centralized (and premined) Maybe someday, it will be worth something after all. 

Ideally the value in adoption/awareness will offset any "inflation." I put inflation in quotes because the total amount of lumens is transparent/static and so should be factored into any valuation.

[EvaStellar]

Ideally the value in adoption/awareness will offset any "inflation." I put inflation in quotes because the total amount of lumens is transparent/static and so should be factored into any valuation.

Just to clarify, the total amount of lumens is transparent, but it isn't static.

The Stellar network has a built-in, fixed inflation mechanism. New lumens are added to the network at the rate of 1% each year. The network also collects a base fee for each operation in a transaction. The funds from base fees are added to the inflation pool

The fixed inflation rate and base fee are nominal; however, as anchors and integrators join the network, lumens may become more valuable. 

As a balancing measure for the ecosystem, anyone who holds lumens can vote on where the funds in this pool go. Each week, the protocol distributes these lumens to any account that gets over .05% of the votes from other accounts on the network.