The Stellar network is a decentralized, open blockchain that connects the world’s financial infrastructure. It was create to further equitable access to the global financial system.

How does it work?

A public, permanent, transparent ledger

• Creation and trade of digital representations of all forms of value
• Tracked by an accounting ledger shared across a network of independent computer
• Average ledger close time: 5 seconds

What are Lumens?

The Stellar network's native digital asset XLM

• Facilitate multi-currency transaction
• Transaction fees to discourage large-scale bad behavior

What can you do on the Stellar Network?

• Asset Issuance
• Remittances
• Lending
• Micropayments
• Cross-Border Payments
• Peer to Peer Payments

Is Stellar a Ripple fork?

NO!

The old Stellar network launched in July 2014. The node software (stellard) was a modified fork of the Ripple node software (rippled). The ledger was completely new and contained no history from Ripple’s network.