Stellar celebrated its first anniversary, growing from two cofounders to a 16-person team while launching the Stellar Consensus Protocol, building global partnerships, and establishing a thriving developer community across multiple continents.
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Stellar celebrated its first anniversary, growing from two cofounders to a 16-person team while launching the Stellar Consensus Protocol, building global partnerships, and establishing a thriving developer community across multiple continents.
The Stellar Consensus Protocol (SCP) introduces federated Byzantine agreement, a consensus mechanism that achieves decentralized control, low latency, flexible trust, and asymptotic security simultaneously. SCP enables a worldwide financial network where participants reach agreement without relying on centralized institutions.
Stellar.org introduces the Stellar Consensus Protocol (SCP), a federated Byzantine agreement mechanism designed for decentralized payments. SCP offers four key properties: decentralized control, low latency, flexible trust, and asymptotic security, with a new open-source codebase now available for peer review.
Stellar, a decentralized gateway for digital currency to fiat transfers founded by Jed McCaleb, officially launched with a native currency called 'stellar' distributed free to users. The platform aims to bridge fiat and digital currencies for mainstream adoption.