LogoLogo
Cryptum.ioGitHub
  • 🌐Cryptum
    • What is Cryptum
    • DeFi Market
    • Ecosystem
      • Bitcoin
      • Ethereum
      • Polygon
      • Avalanche C-Chain
      • BNB Chain
      • Cardano
      • Celo
      • Hathor
      • Solana
      • Stellar
      • XRP Ledger
      • Stratus
      • Hyperledger Besu
  • 👝Products
    • Dashboard Analytics
    • Tokenization
    • Crypto Checkout
      • Overview
      • Getting started
      • Checkout Dashboard
        • Creating your Store
        • Customer Checkout screens
        • Analytics
        • Managing Wallets
        • Creating Collections and NFTs
        • Linking Products to NFTs
        • Monitoring Orders
      • Checkout API
        • Authentication
        • Store
        • Orders
          • Handling Orders
    • Wallets
    • DeFi-as-a-Service
    • On & Off Ramp (soon)
    • E-commerce Plugins
      • Wordpress NFT Plugin
        • How to install NFT Plugin
        • Connect your Credentials to NFT Plugin
      • Wordpress Checkout Plugin
        • How to install Checkout Plugin
        • Connect your Credentials to Checkout Plugin
      • Plugins Guides
        • Creating your Store
        • Manage your Wallets
        • Creating Collections and NFTs
        • Linking Products to NFTs
        • Monitoring Orders
        • Monitoring Store (Analytics)
  • 💻Community Edition
    • Overview
    • Architecture
    • Start for free
    • Getting started
    • Dashboard guide
      • 🔑Creating a Project (API Key)
      • 🛠️Start building!
      • 📊Monitoring your Project
      • 📈Monitoring Requests
    • SDK guides
      • Get test currencies
      • Chainlink
        • 📈Price Feeds
        • ⚙️Automation
        • 🎲VRF
        • 🛤️CCIP
        • 🛤️CCIP
        • Project Examples
          • Lottery
          • Send Message CCIP
      • Wallets
      • Balances
      • Prices
      • Tokens
        • EVM Tokens (ERC-20)
        • Solana Tokens (SPL)
        • Cardano Tokens
        • Stellar Tokens
        • XRP Tokens
        • Hathor Tokens
      • NFTs
        • EVM NFTs (Ethereum, Polygon and others)
        • NFTs on Solana
        • NFTs on Hathor Network
      • Queries
        • Wallet information
        • Get transaction by hash
        • Get block information
        • Get transaction receipt by hash
        • Get fees information
        • Get NFT data
        • Get NFT balance
        • Get UTXOs (Unspent transaction outputs)
      • Uniswap
      • Staking
      • Smart Contracts
        • Deploy custom Smart Contracts
        • Loot Box
    • Features and credits
      • Avalanche C Chain
      • Bitcoin
      • BNB Chain
      • Cardano
      • Celo
      • Ethereum
      • Hathor
      • Polygon
      • Solana
      • Stellar
      • XRP Ledger
      • Stratus
    • API guides
      • API Cryptum
      • API Connector
  • 📃GLOSSARY
    • Blockchain terms
    • Cryptum terms
Powered by GitBook
On this page
  1. Cryptum
  2. Ecosystem

Stellar

PreviousSolanaNextXRP Ledger

Last updated 2 years ago

Stellar is a decentralized blockchain platform designed to facilitate fast and low-cost cross-border payments. The platform was created with a focus on financial inclusion, and it aims to provide accessible and affordable financial services to people around the world.

One of the key features of Stellar is its ability to support a wide range of assets, including cryptocurrencies, fiat currencies, and even commodities like gold and silver. This makes it ideal for facilitating cross-border payments, as it allows users to easily convert one currency into another in real-time, at a low cost.

Stellar also supports the creation of smart contracts, which can be used to automate the execution of complex financial transactions. This makes it easier for financial institutions and other businesses to streamline their operations and reduce costs.

Another advantage of Stellar is its unique consensus mechanism, which is based on a federated Byzantine agreement (FBA) protocol. This mechanism is designed to be highly secure and energy-efficient, while still providing fast and reliable transaction processing.

In addition to its technical features, Stellar has a strong focus on social impact and financial inclusion. The platform is designed to empower individuals and communities that are currently underserved by traditional financial institutions, by providing them with access to affordable and accessible financial services.

Stellar also has its own native cryptocurrency, called Lumens (XLM), which is used to pay for transaction fees on the network. Lumens can also be used for a wide range of other purposes, including trading, staking, and accessing special features and services on the Stellar network.

Overall, Stellar is a powerful blockchain platform that provides developers with the tools they need to build fast, secure, and accessible decentralized applications for cross-border payments and financial services. Its focus on social impact, its support for a wide range of assets, and its unique consensus mechanism make it an attractive option for developers looking to build the next generation of decentralized financial applications.

🌐
Stellar - an open network for money
Logo