Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin.
Stellar blockchain has the following features:
- Has a decentralized and open database.
- Confirmation time: 3-5 seconds.
- It can enable thousands of transactions per second.
- Uses the Stellar Consensus Protocol.
- Enables Multi signatures and Smart Contracts.
- The stellar token is called “Lumen” and denoted by “XLM”.
- A 100 billion XLM has already been pre-mined
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