![]() ![]() ![]() ![]() Stellar Core: is connected to every Horizon server and maintains a copy of the digital ledger. The API also supports the creation of Stellar Smart Contracts (SSCs). Horizon API: This works like a web service that allows applications, online banking apps, payment services, and mobile wallets to interact with the Stellar network. The Stellar network is comprised of three basic elements: It does not seek to replace traditional financial institutions but rather to enhance them by providing a single network for everyone to collaborate and work together. Unlike Bitcoin (BTC), which is used as a means to transfer value directly, Stellar was created to perform as an intermediary for easy currency conversions. This requirement helps in protecting the network against spam and avoids accounts with zero balance. In order to use the network, users are required to hold a certain amount of Stellar Lumens. However, the coins cannot be mined, and each time a transaction is made, 100 stroops (0.00001 XLM) are burned. The coin is deflationary, with a maximum supply of 50 billion. The coin can be used for staking, and users can earn incentives for validating transactions on the blockchain.Īt present, the circulating supply of XLM is 26.4 billion.It is used to pay transaction fees on the network.XLM is used as a bridge currency for cross-border transactions, which makes the network capable of exchanging and processing different currency transactions.The network has its own native cryptocurrency - Stellar Lumens (XLM), which plays an essential role in facilitating transactions. Using blockchain technology, it facilitates easy, fast, and affordable cross-border transactions between any currency pair. The network aims to integrate distributed ledger technology (DLT) into traditional banking systems. UPDATE #5 December 10, 2019: This month will be our last of the Stellar Space Drop.Stellar is an open-source, peer-to-peer blockchain network that allows easy exchange and conversion of digital currency with any fiat currency and vice versa. Keybase has one of the coolest Stellar integrations, but there are other interfaces you can use to access and explore the potential of the network. 15, we will distribute the final 100 million Lumens among all qualifying members. Since Keybase wallets are non-custodial, you. The total giveaway amount will have been 300 million Lumens (approximately $16,000,000 USD). Keybase airdrop OPEN TEAM A daily list of real, valuable crypto airdrops. While this giveaway mostly worked, it's clear that there will be decreasing returns and massively increased effort required. This is an 'open' team, which means the admins will auto-accept any request to join, and you can get in fast.ģ469 total members 3 public admins 362 public members How to join airdrop Install Keybase and enter 'airdrop' from the teams tab. ![]() Why? Starting in the last week or so, hordes of fake people were beginning to come in, far beyond the capacity of Keybase or SDF to filter. Take advantage of the 2 billion Stellar Lumens Space Drop on Keybase. It's not in the Stellar network's interest to reward those people it is also not in Keybase's interest to have them as Keybase users.Īs we've said from the beginning, SDF reserves the right to end this giveaway early. Go back to the wallets tab and check whether you qualify for the airdrop now. What is the airdrop and why should nonprofits care How to get set up with Keybase and donate XLM to nonprofits But what exactly is Keybase you ask Other. The Stellar Foundation has partnered with Keybase to offer a 126 million in XLM airdrop scheduled to last for 20 months with the participants expecting to get monthly airdrops of 100 million XLM. If you are a legit, registered user, expect your share of 100 million Lumens next week. Keybase has grown leaps and bounds in the last year. As a secure app it's become quite awesome - something we're truly proud of. ![]()
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