/biz/ - Business & Finance

>>10122853
Ask me how I know you don't know anything about this coin

There was an interview with the blockchain guy at IBM that said one of the benefits of XLM was that it was already compliant with all regulations

>>9555169

Secondary Tech Objectives
Hardening: as we make performance improvements, the network must remain resilient and secure. We will reduce the attack surface at the protocol layer by adding invariant support (with checks performed constantly by the validator). Those checks will reduce the impact of bugs on the ledger state.

Decentralization: we want to make it easier to run a full validator. In order for the network to be as decentralized as possible, the overhead of running nodes should be minimal. By making nodes more reliable and self sufficient, node operators can spend time doing other things. We’ll also be making improvements to how we monitor the network’s health, and the way nodes exchange data, by revisiting some characteristics of the peer-to-peer code.

We closed 37 partners last year and highlighted a few, including IBM and Tempo, in our Stellar and the State of Cryptocurrency post from last week. Corporate development work will continue: we’ve planned major partnership events around the world this Spring.

!!Reminder!! If you are keeping your Lumens in an exchange you're throwing money away. Due to low transaction time you can keep it in the Stellar wallet without fear of missing out on trades. Get the desktop wallet, go to your settings and set yourself to an inflation pool to begin growing your money.

>>7022356
Holy fuck you must be one of those retards who only bought this coin because of people saying FairX without any idea of what this coin is actually about

Fuck off lil Fuddy Duddy

Secondary Product Objective: Better Ecosystem Support
We recognize that our platform is only as useful as the tools built on top of it. As noted, we’re seeing more interest in Stellar than ever before, from randos and !randos alike, and we want to make sure it’s easy for anyone to begin building on our network. We need a robust and informed community of developers and entrepreneurs alongside us to become a global financial protocol.

In 2018, we plan:better overall brand communication, more implementation walk-throughs to help people get going, better technical documentation, including release notes, continued improvement to our Horizon API and the surrounding SDKs. We will also continue to award lumens, via the Stellar Build Challenge, to people and businesses who contribute to our ecosystem.

Goal #2: Lightning Network on Stellar
Technology has always been the strongest part of the Stellar story, and we will make it even stronger in 2018. We’ve noted the market demand for more private channel transactions on Stellar, and we will integrate the Lightning Network in 2018. For those of you unfamiliar with Lightning, this Vice piece is a decent introduction: WTF is the Lightning Network and Will It Save Bitcoin? Of course, unlike Bitcoin, Stellar doesn’t need “saving” . . . we’re just going from a good place to an even better one.

Lightning will have a huge positive effect on Stellar’s long-term scalability and security. We’ve been aware of Lightning’s potential for Stellar for a while, and we’ve recently collaborated with Stellar advisor and Bitcoin Core developer Jeremy Rubin to optimize our implementation.

https://pastebin.com/QqU5TGFG

CNBC Pushes Stellar as possible best coin of 2018
https://youtu.be/TfX37oWL8ZQ?t=265

>Who is Stellar?
https://www.stellar.org/how-it-works/stellar-basics/

Stellar.org operates as a non-stock nonprofit organization. Our mission is to connect people to low-cost financial services to fight poverty and maximize individual potential. To that end, we don’t charge people or institutions for use of the Stellar network. Stellar.org covers operational costs in several ways: 5% of the initial lumens are set aside for operational costs, Stellar.org accepts tax-deductible donations from the public.

A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction. Depending on hardware and network configurations, a conservative estimate of Stellar’s processing rate is 1000 operations per second.

There’s a nominal fee, referred to as a base fee, associated with each operation in a transaction. The base fee functions as a deterrent: Though nominal, it discourages users with malicious intentions from flooding the network with transactions (otherwise known as a DoS attack). The base fee is currently set to .00001 XLM—a fraction of a fraction of a penny. The sender of the transaction incurs the fee. No one profits from the base fee. The ledger collects the fees and redistributes them in the process of inflation.

Stellar has also partnered with IBM, a supporter of companies all over the globe.

>>6863617

>>6797326

LISTEN UP YOU MOTHERFUCKERS THIS IS YOUR ACTUAL CHANCE TO MOON

It's XLM. It's fucking XLM. Look at this image and tell me it's not going to be XLM.
>muh ripple
Fucking look at this image. Ripple or their "78 banks!" isn't bullshit, they can't fucking touch the amount of spread IBM has.

The bank OP is talking about is Bank of America. There was a page on Stellar's website that had Bank of America on it before it was quickly taken down. What fucking better partner for a company like IBM than Bank of America?

https://pastebin.com/QqU5TGFG

https://emptybucket.co.uk/5-things-you-need-to-know-about-stellar-lumens-according-to-ibm/
5 Things You Need To Know About Stellar Lumens According To IBM
IBM’s Michael Dowling, Group CTO and Chief Architect for Blockchain Financial Services, referred to in his Reddit post a month ago about their partnership with Stellar.

IBM and Stellar have a common purpose to fix a genuine problem and they are determined to stick together to make this happen

Stellar Lumens (XLM / STR) is already active and being used in very practical ways. Volume will only increase as more partnerships are announced. Results will be seen very soon – Q1 2018.

>XLM, while relatively small today, is growing fast. More and more people are using Lumens and trading them actively. We have a strong desire (and requirement) to open the market for fiat to XLM at the institutional level. We have 1 major market maker right now, and 14 major institutions involved in direct or indirect capacity on the network. Starting in Q1 2018, you should see more of those institutions redirecting payment traffic on the network.
This major market maker is rumored to be Bank of America based on one of their websites mentioning XLM in the code before the page was promptly taken down.

>It is steps ahead of Bitcoin as it is already compliant with regulations
>it is already compliant with regulations
That alone is fucking huge.

Tell me why I'm wrong

Let me know if you have any articles you'd like to see added to the pastebin

https://pastebin.com/QqU5TGFG

CNBC Pushes Stellar as possible best coin of 2018
https://youtu.be/TfX37oWL8ZQ?t=265

>Who is Stellar?
https://www.stellar.org/how-it-works/stellar-basics/

Stellar.org operates as a non-stock nonprofit organization. Our mission is to connect people to low-cost financial services to fight poverty and maximize individual potential. To that end, we don’t charge people or institutions for use of the Stellar network. Stellar.org covers operational costs in several ways: 5% of the initial lumens are set aside for operational costs, Stellar.org accepts tax-deductible donations from the public.

A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction. Depending on hardware and network configurations, a conservative estimate of Stellar’s processing rate is 1000 operations per second.

There’s a nominal fee, referred to as a base fee, associated with each operation in a transaction. The base fee functions as a deterrent: Though nominal, it discourages users with malicious intentions from flooding the network with transactions (otherwise known as a DoS attack). The base fee is currently set to .00001 XLM—a fraction of a fraction of a penny. The sender of the transaction incurs the fee. No one profits from the base fee. The ledger collects the fees and redistributes them in the process of inflation.

>>6368090
>A very unique capability with Stellar is the ability to issue an asset directly on the network, and specify how that asset is managed on the network and what nodes validate and confirm transactions. That means we can work with other parties – such as traditional fiat currency issuers (stay tuned) …Together with the technology developed at IBM, the ability to clear transactions with very fast settlement using Lumens was a no-brainer and a perfect match. Together, traditional and non-traditional financial institutions can settle using a cryptocurrency with those transactions directly tied to counter-terrorism financing, AML and KYC processes required by regulators around the world. Basically, it’s the missing piece those institutions need to move forward transacting with cryptocurrencies.

XLM allows for any financial instrument to be transferred as a type of ‘money’ to anyone in the world, for free, instantly, and in any currency. This is not just automation, it is revolutionary.

>XLM is one of the assets on Stellar. It’s also used to ‘pay’ for transactions on the network. So XLM has 1) value and 2) utility. There will be other assets. So, for example, let’s say that a fictional island nation called Stellarisle has a central bank, and that central bank wants to issue currency assets on Stellar. In that case, Stellar is used, and XLM is used to power those transactions for those assets, even though XLM isn’t directly used as the settlement mechanism. It doesn’t matter if XLM is the settlement mechanism. Rather what really matters is 1) the safest settlement mechanism is used for two transacting parties, and 2) XLM is still used even as a utility.

>A very unique capability with Stellar is the ability to issue an asset directly on the network, and specify how that asset is managed on the network and what nodes validate and confirm transactions. That means we can work with other parties – such as traditional fiat currency issuers (stay tuned) …Together with the technology developed at IBM, the ability to clear transactions with very fast settlement using Lumens was a no-brainer and a perfect match. Together, traditional and non-traditional financial institutions can settle using a cryptocurrency with those transactions directly tied to counter-terrorism financing, AML and KYC processes required by regulators around the world. Basically, it’s the missing piece those institutions need to move forward transacting with cryptocurrencies.

XLM allows for any financial instrument to be transferred as a type of ‘money’ to anyone in the world, for free, instantly, and in any currency. This is not just automation, it is revolutionary.

>XLM is one of the assets on Stellar. It’s also used to ‘pay’ for transactions on the network. So XLM has 1) value and 2) utility. There will be other assets. So, for example, let’s say that a fictional island nation called Stellarisle has a central bank, and that central bank wants to issue currency assets on Stellar. In that case, Stellar is used, and XLM is used to power those transactions for those assets, even though XLM isn’t directly used as the settlement mechanism. It doesn’t matter if XLM is the settlement mechanism. Rather what really matters is 1) the safest settlement mechanism is used for two transacting parties, and 2) XLM is still used even as a utility.

>>6342630
Same, got more at .60 but it hurts I couldn't get it quicker

5 Things You Need To Know About Stellar Lumens According To IBM
IBM’s Michael Dowling, Group CTO and Chief Architect for Blockchain Financial Services

>“The IBM/Stellar Universal Payment Solution represents a shift in the way traditional – and now non-traditional – financial institutions can send value around the world with as little fraction as legally possible….The folks at Stellar, like us, want to see the world move past the 40 + year old fragmented system that we all suffer in today, but move towards a system that is more fair and equitable for all.”

>“This partnership is not just long term – it’s tight. Stellar joined the Hyperledger Foundation in addition to partnering on this project. There are many upcoming projects coming up this year about to be announced.”

>Stellar Lumens (XLM / STR) is already active and being used in very practical ways. Volume will only increase as more partnerships are announced. Results will be seen very soon – Q1 2018.

>Michael Dowling – “XLM, while relatively small today, is growing fast. More and more people are using Lumens and trading them actively. We have a strong desire (and requirement) to open the market for fiat to XLM at the institutional level.”

>“We have 1 major market maker right now, and 14 major institutions involved in direct or indirect capacity on the network. Starting in Q1 2018, you should see more of those institutions redirecting payment traffic on the network.”

>It is steps ahead of Bitcoin as it is already compliant with regulations
This is huge

5 Things You Need To Know About Stellar Lumens According To IBM
IBM’s Michael Dowling, Group CTO and Chief Architect for Blockchain Financial Services

>“The IBM/Stellar Universal Payment Solution represents a shift in the way traditional – and now non-traditional – financial institutions can send value around the world with as little fraction as legally possible….The folks at Stellar, like us, want to see the world move past the 40 + year old fragmented system that we all suffer in today, but move towards a system that is more fair and equitable for all.”

>“This partnership is not just long term – it’s tight. Stellar joined the Hyperledger Foundation in addition to partnering on this project. There are many upcoming projects coming up this year about to be announced.”

>Stellar Lumens (XLM / STR) is already active and being used in very practical ways. Volume will only increase as more partnerships are announced. Results will be seen very soon – Q1 2018.

>Michael Dowling – “XLM, while relatively small today, is growing fast. More and more people are using Lumens and trading them actively. We have a strong desire (and requirement) to open the market for fiat to XLM at the institutional level.”

>“We have 1 major market maker right now, and 14 major institutions involved in direct or indirect capacity on the network. Starting in Q1 2018, you should see more of those institutions redirecting payment traffic on the network.”

>It is steps ahead of Bitcoin as it is already compliant with regulations
This is huge

>>6302293
>Everybody look at how retarded I am

>>6267204
This is the sign of a Fuddmeister, they'll have absolute conviction and certainty that your coin is shit, but can never prove themselves the opposite direction

>>6206681
Ask me how I know you're brown

>>6144007
That's why I know they're just fud shitters

>>6055255
You guys are going to be so btfo it's not even going to be funny. I'm going to buy a separate hard drive with my gains just for the wojacks

>absolute retards who knew nothing about XLM
>but decided to buy in at ATH
>posting nonstop pink wojacks showcasing their shit decision making
Holy fuck this is the most comfiest coin you can possibly hold. Is it slow and sideways most of the time? Yes, but this isn't something that's going to see daily moons and you're retarded if your goal with this coin is to chase a quick buck.

Stellar.org operates as a non-stock nonprofit organization. Our mission is to connect people to low-cost financial services to fight poverty and maximize individual potential. To that end, we don’t charge people or institutions for use of the Stellar network. Stellar.org covers operational costs in several ways: 5% of the initial lumens are set aside for operational costs, Stellar.org accepts tax-deductible donations from the public.

A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction. Depending on hardware and network configurations, a conservative estimate of Stellar’s processing rate is 1000 operations per second.

There’s a nominal fee, referred to as a base fee, associated with each operation in a transaction. The base fee functions as a deterrent: Though nominal, it discourages users with malicious intentions from flooding the network with transactions (otherwise known as a DoS attack). The base fee is currently set to .00001 XLM—a fraction of a fraction of a penny. The sender of the transaction incurs the fee. No one profits from the base fee. The ledger collects the fees and redistributes them in the process of inflation.

>>5947712
>retards on /biz/

>>5723568
Care to actually link some relevant text Captain Fud?

>>5612427
What a deep, thought provoking response. Thank you for being willing to share such seasoned expertise with us plebs