Stellar, Blockchain With a Purpose – Inquiring Life

The blog discusses Stellar’s unique approach to blockchain, emphasizing its focus on usability and inclusion over hype. Launched in 2014 and overseen by the Stellar Development Foundation, Stellar uses a Federated Byzantine Agreement model to offer fast, low-cost transactions. The network supports a decentralized exchange, facilitates cross-currency payments, and hosts smart contracts through Soroban. Partnerships with organizations like MoneyGram and the UNHCR demonstrate its real-world applications. Stellar’s energy-efficient design aligns with sustainability, contrasting with more resource-intensive blockchains. The post emphasizes Stellar’s quiet growth strategy and its role in promoting financial access.