DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Stellar Development Foundation announces three major lumen distribution initiatives: the Stellar Community Fund for community-voted grants, updates to the Partnership Grant Program which has funded 34 companies, and launch of an Academic Research Program for blockchain research.
The Stellar Development Foundation announced three major community initiatives: Stellar Clusters for local grassroots meetups, a first global Stellar conference, and the Stellar Community Fund to let the community guide lumen distribution. The post also highlighted Reddit governance experiments and a Community Champions program.
Kik's Kin Foundation announced it will fork Stellar to create its own blockchain for the Kin token, eliminating transaction fees entirely to enable micropayments. The move trades some decentralization for zero-cost transactions, using federated nodes run by ecosystem partners rather than Stellar's validator model.
Stellar Development Foundation announced the creation of Lightyear.io, a for-profit company to handle partnerships, integrations, and commercial services, while SDF refocuses on protocol development and governance as a neutral non-profit steward of the Stellar network.
Stellar.org announced a second lumen distribution program offering 16 billion lumens (16% of initial supply) to bitcoin holders, with claims opening June 27, 2017. The giveaway reflects Bitcoin's influence on Stellar's design and aims to build community ownership of the network.
Stellar.org announced a lumen giveaway program for Bitcoin holders, reserving 19 billion lumens (19% of initial supply). Starting July 5, 2016, Bitcoin holders can claim lumens proportional to their BTC holdings through a claim page or participating exchanges.
Stellar network upgrade launching in November will rebrand stellars to lumens and require user account upgrades. The nine-month development effort delivers a safe, scalable, and accessible network for global financial services.
Stellar Development Foundation announced a public auction of stellars via Haste.co.nz, with 650 million STR placed at a 30-day trailing average price of $0.0031/STR. Bitcoin trading was added via Poloniex and Kraken to maintain price parity.
Stellar experienced a ledger fork due to weaknesses in its Ripple-based consensus algorithm. The network temporarily switched to a single validator node and is prioritizing development of a new provably correct consensus system to prevent future forks and double-spend risks.
