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 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.
