Stellar
M
Crypto
Decentralised Networks
USD 0.36+3.98%
Stellar
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2014
Year of creation
Description
Stellar (M) is a Decentralised Networks crypto coin. Stellar`s origin block was generated on 2014-08-05. More information can be found at https://www.stellar.org.
Key Technical Advantages:
Federated Byzantine Agreement (FBA): FBA is a consensus model in which each participant (node) makes individual trust decisions, known as quorum slices, to determine system-level quorums. This decentralized approach allows for an open membership and organic network growth without relying on a central authority. Stellar Consensus Protocol (SCP): SCP is a construction for FBA that ensures decentralized control, low latency, flexible trust, and asymptotic security. It guarantees agreement under any node-failure scenario that admits such a guarantee and is free from blocked states unless participant failures make it impossible to satisfy trust dependencies. Decentralized control: Anyone can participate in SCP, and there's no central authority dictating whose approval is required for consensus. This allows for a more open and flexible network. Low latency: In SCP, nodes can reach consensus within a few seconds, making it suitable for real-world applications like web or payment transactions. Flexible trust and asymptotic security: Users can trust any combination of parties they see fit, allowing for a more personalized and secure network. SCP's safety relies on digital signatures and hash families, whose parameters can be tuned to protect against adversaries with vast computing power. Content summarized by AI chatbotSource:
https://www.stellar.org/papers/stellar-consensus-protocol.pdfKey figures
201%1Y
44.0%3Y
709%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
13.09.2022
USD 0.88
All Time High
40.98%
% of All Time High
-96.29%All Time
-47.50%1 year
Max drawdown
#16
Ranking by Market Cap
11,318.29 M
Market cap (USD)
0.00%
% of Market
900.450 B
Category Market Cap (USD)
1.26%
% of Category
50001786911
Circulating Supply
30227867120
Liquid Supply
60.45%
Liquid/ Circulating Supply
50001806812
Max Supply
100.00%
Circulating/ Max Supply
684280374
Volume Traded
11.86%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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