Seeing lots of great Stellar news and want to join the community to chat? Here's the top two places to do so:
Official Stellar Dev Discord: https://t.co/5H1ZiR49Vm
Largest community Discord: https://t.co/2kP9fY1y7D
See you there! 🫡 stellar:native
@malekanoms agree on the point of permissioned chains, and despite the retweet I do disagree with Canton's wall gardened approach.
Stellar is fundamentally different. Federated Byzantine Agreement is a novel piece of concensus science, and is the only way to combine known validators with permissionless and decentralized systems, which is not true for Canton.
While on paper, a PoS or PoW system with lots of small, relatively equal stake/hash holders is decentralized, this has never been achieved in practice. Instead, we have centralization around large token holders (like early VCs and hedge funds) and centralization in block building. The worst part is this centralization is hidden behind the anonymous nature of PoS/PoW. While there is a theoretical decentralized distribution, it's impossible to tell if this is achieved, so you have Schrodinger's decentralization. There's strong evidence that most PoS blockchains are not decentralized, which I discuss in depth here: https://t.co/UmJYN9Te07.
As for debate, I'm just a nerdy protocol researcher, devoid of marketing prowess or executive status. I guarantee our chat will be all facts, hit me up.
What has #Stellar $XLM done this cycle to stay relevant?
1. $600M in RWA TVL on Stellar
2. @chainlink integration for price oracles, opens up the gates for real #DeFi
3. Soroban (real) Smart Contracts - WASM based on a Rust runtime
4. #DeFi Lending Pools built on Soroban (14%+ APY on $USDC via @blend_capital)
5. Increased liquidity on Stellar #DEX for key pairs, with better after-fee spreads than what you get on Binance and other CEXs (12 bps after-fee spreads on XLM/USDC)
6. Trustless bridged assets via Soroban (@Allbridge_io bridged assets such as $BTC and $ETH, among others)
7. $100M Soroban Adoption Fund
8. Integration with @Visa and @Mastercard
9. @MetaMask integration via Snaps
10. Near intents now supports Stellar (@NEARProtocol)
11. @OpenZeppelin integration for easier Smart Contract development on Soroban
12. $PYUSD and $EURC integrations
13. Set up for a faster network ready for 5000 tps with the release of Protocol 23 “Whisk”
14. continued partnership with @MoneyGram (3000+ on/off ramp locations)
15. @tradeon21x’s regulated secondary markets launching on Stellar
Follow/Retweet if you’re interested in content around #Stellar $XLM
We’re excited to share @PayPal is bringing its stablecoin, PYUSD, to Stellar.
When you need infrastructure that works beyond the hype—real payments, real merchants, real global reach—you build where millions already transact daily.
https://t.co/luYcZEPZ3H
Did you know that the Stellar DEX runs through the protocol's core? 💱
Offers, trades, and conversions stay native from start to finish.
https://t.co/sZ72TEc4lZ
🧵
The CoinDesk 20 is currently trading at 2605.49, up 1.5% (+37.28) since 4 p.m. ET on Wednesday. Eighteen of 20 assets are trading higher.
Leaders: $XLM (+11.6%) and $NEAR (+3.7%).
Laggards: $BCH (-5.3%) and $LTC (-0.8%).
https://t.co/AFTOwfGjJP
Q4 2024 By The Numbers 📊
👥 9M+ total addresses
💰 $458M real world asset supply
🌍 $4.1B RWA payment volume
📊 $19.1B total volume
🔥 557.2M operations
⚡️ 5.93s ledger close time
Stellar continues to deliver speed, scale, and real-world utility.
Ondo will be bringing USDY to the @StellarOrg network, offering yield-bearing RWAs to Stellar’s global ecosystem of treasury management, collateralization, and global payments services, with over 400,000 global cash on and off ramps.
Stellar connects global finance onchain with real world solutions, and now real world assets.
Read about USDY’s integration with the Stellar network here: https://t.co/KlIQMYB6Pm
A lot of new people looking at Stellar so I thought I'd write down some quick thoughts about why Stellar is worth your time.
IMHO Stellar is the most underrated and least understood crypto project. A lot of recent attention but people are still sleeping on this network.
Stellar already does way more transactions per day than all but two networks. 10x the number of transactions per day than Ethereum. Many real people are already using it for actual real-world transactions.
So many things are just simpler and well thought out. Native stablecoin and token issuing. Builtin DEX. On chain governance. Smart contract system that is safer (no footguns like re-entrancy), more performant (built from the ground up for concurrency), more sustainable (state archival). Better foundation for actually good UX (passkey support, native multi-sig), etc
It has been one of the most performant chains for years. Its fees have always been essentially 0 because the protocol is efficient and fast.
This is more qualitative, but the engineering is world class. And not so sexy but look at the developer docs. Absolutely the best in the industry. Makes spinning up on stellar as a developer a delight.
I believe the best and most impactful use of crypto is as digital money. Which means it must be a good and useful means of payment. This is what Stellar has been focused on and what it is built for. And it is a very very good system for this. People and businesses around the world are realizing this and I think Stellar has a very real chance of becoming a big part of the world's financial infrastructure.
But the dogs are cuter on some other coins, it's true.