{"id":431,"date":"2022-01-05T09:19:09","date_gmt":"2022-01-05T09:19:09","guid":{"rendered":"https:\/\/stellarwallet.co\/arts\/?p=431"},"modified":"2025-04-18T16:08:43","modified_gmt":"2025-04-18T16:08:43","slug":"stellar-platform-environment","status":"publish","type":"post","link":"https:\/\/stellarwallet.co\/arts\/stellar-platform-environment.html","title":{"rendered":"Stellar platform environment"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Content:<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"#part1\"><span style=\"font-weight: 400;\">Team<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#part2\"><span style=\"font-weight: 400;\">Advisors<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#part3\"><span style=\"font-weight: 400;\">Partners<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#part4\"><span style=\"font-weight: 400;\">Investors<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#part5\"><span style=\"font-weight: 400;\">Competitors<\/span><\/a><\/li>\n<\/ul>\n<h2 id=\"part1\"><span style=\"font-weight: 400;\">Team<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the official website you can see the main composition of the team, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Jed McCaleb &#8211; Developer, co-founder of Stellar Development Foundation. He has extensive experience in IT and business. Creator of the eDonkey2000 file-sharing network, one of the co-founders of Ripple, creator of the Mt.Gox exchange.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">David Mazi\u00e8res is a Senior Fellow, co-founder of the Stellar Development Foundation Professor of Computer Science at Stanford University, where he leads the Secure Computing Research Group and the Blockchain Research Center. David is the author of a technical White Paper describing the SCP consensus algorithm.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Nicolas Barry &#8211;\u00a0 M.S. in Computer Science and Mathematics, and has extensive experience in IT, including work at Microsoft and Salesforce.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Keith Rabois &#8211; Board member. Investment partner at Khosla Ventures. Previously held executive positions at Paypal, Square, was a board member at Yelp, and VP of Business Development at LinkedIn.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Denelle Dixon &#8211; CEO and Executive Director Before joining Stellar, Dixon served as COO of Mozilla, one of the most successful mission-driven employee-source organizations.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Lin-Hua Wu &#8211; Member of the Executive Board. leads internal and external communications, brand marketing, and analyst relations at Dropbox. Previously, she ran corporate communications at Square Inc. and was a partner at the Brunswick Group.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The official site lists 11 team members and four board members. There are 118 people listed on the Stellar Development Foundation <\/span><a href=\"https:\/\/www.linkedin.com\/company\/stellar-development-foundation\/people\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">linkedin page<\/span><\/a><span style=\"font-weight: 400;\"> right now. There is also a section on the official site with a large number of open positions.\u00a0<\/span><\/p>\n<h2 id=\"part2\"><span style=\"font-weight: 400;\">Advisors<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The official website lists 6 advisors, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Matt Mullenweg &#8211; Founder of WordPress.com. Experienced entrepreneur, developer and angel investor.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Greg Stein &#8211; Director of the Apache Software Foundation. An advocate of open-source software, member of the Python Software Foundation, and helped launch Google&#8217;s open-source hosting platform.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Patrick Collison &#8211; Co-Founder and CEO of Stripe.<\/span><\/li>\n<\/ul>\n<h2 id=\"part3\"><span style=\"font-weight: 400;\">Partners<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Among the partners of the project are such companies as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bankhaus von der Heydt &#8211; one of the oldest banks in the EU and developing a stable cryptocurrency pegged to the Euro.<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/IBM\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">IBM<\/span><\/a><span style=\"font-weight: 400;\"> uses Stellar for their international remittance system.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tempo Money Transfer uses Stellar as one of its transfer tools.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Moneygram &#8211; a cross border P2P payments and money transfer company.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">AnchorUSD &#8211; develops a stable cryptocurrency backed one-for-one to the US dollar.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">More about partner projects, which use Stellar protocol can be seen on the official website.\u00a0<\/span><\/p>\n<h2 id=\"part4\"><span style=\"font-weight: 400;\">Investors<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Stellar&#8217;s official website states that the initial $3 million investment in the project came from Stripe, which was later redeemed in XLM tokens. Also listed as corporate investors are BlackRock, Google.org and FastForward.<\/span><\/p>\n<h2 id=\"part5\"><span style=\"font-weight: 400;\">Competitors<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-436 size-full\" src=\"https:\/\/stellarwallet.co\/arts\/wp-content\/uploads\/2022\/01\/stellar-pers-intext-picture.jpg\" alt=\"\" width=\"1000\" height=\"563\" title=\"\" srcset=\"https:\/\/stellarwallet.co\/arts\/wp-content\/uploads\/2022\/01\/stellar-pers-intext-picture.jpg 1000w, https:\/\/stellarwallet.co\/arts\/wp-content\/uploads\/2022\/01\/stellar-pers-intext-picture-300x169.jpg 300w, https:\/\/stellarwallet.co\/arts\/wp-content\/uploads\/2022\/01\/stellar-pers-intext-picture-768x432.jpg 768w, https:\/\/stellarwallet.co\/arts\/wp-content\/uploads\/2022\/01\/stellar-pers-intext-picture-678x381.jpg 678w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The main competitors of Stellar can be called cryptoprojects aimed at creating a fast and convenient payment protocol.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the competitors of Stellar Lumens is the Ripple platform (the comparison of the two platforms and the competition between them is described in this <\/span><a href=\"https:\/\/stellarwallet.co\/arts\/ripple-vs-stellar-what-choose.html\"><span style=\"font-weight: 400;\">article<\/span><\/a><span style=\"font-weight: 400;\">). Originally, Stellar was based on the same source code and was considered a fork of Ripple at the beginning of its existence, however, over time, it gained full independence. Ripple is often criticized by experts who believe the platform is centralized and controlled by the commercial structure of Ripple Labs. In addition, for a long time Ripple&#8217;s code was closed, unlike Stellar. Now Ripple mostly cooperates with institutional clients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A large number of cryptoprojects are working on the creation of a convenient payment protocol, among them such projects as Nano, Dash and many others. An important feature of Stellar is the ability to link the issued token to another asset, which allows a more familiar way to integrate the solution into current payment systems. However, it should be taken into account that binding relies not only on the technical capabilities of the protocol, but also on the fact of trust in the gateway.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In terms of the ability to create smart contracts and decentralized applications, Stellar can be compared to projects such as Ethereum, Eos and others. However, in Stellar, this direction is not the main and underdeveloped. Also, for example, on the Waves platform it is available to issue their own tokens, create applications and smart contracts, as well as there is a decentralized exchange.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the moment, the main features of Stellar that contribute to its spreading as a payment protocol are its relatively high throughput, fast confirmation of transactions and low fees.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"The Power of Stellar\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/5wUhyR94rho?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Content: Team Advisors Partners Investors Competitors Team On the official website you can see the main composition of the team, including: Jed McCaleb &#8211; Developer, co-founder <a class=\"mh-excerpt-more\" href=\"https:\/\/stellarwallet.co\/arts\/stellar-platform-environment.html\" title=\"Stellar platform environment\">&#8230;<\/a><\/p>\n<\/div>","protected":false},"author":9,"featured_media":437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-431","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stellar-reviews"},"_links":{"self":[{"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/posts\/431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":6,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"predecessor-version":[{"id":726,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/posts\/431\/revisions\/726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/media\/437"}],"wp:attachment":[{"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stellarwallet.co\/arts\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}