For instance, if you're trying to buy spam with bacon, but people are only selling bacon for eggs and buying spam for eggs, the network will do the bacon → eggs → spam trade for you to get you the best result. But one extra twist is that since Stellar lets anyone put assets on to the network, the network will do up to 6 different exchanges to try to get you the best value for your assets. This is just like a stock market with buy and sell orders, but instead of stock certificates it's assets on the Stellar network. Stellar lets you put out buy and sell orders on assets and the network will figure out the necessary orders for you to get the best price for your assets. Or put another way, Stellar is trying to become a global payments network.
Those assets do not need to be inherent to Stellar, and in fact a key part of Stellar is that 3rd-parties can provide their own assets to have managed on the network. Basically it's a public ledger that tracks ownership of assets. I will go into more detail later, but to help motivate reading the rest of the blog post, I want to quickly outline what Stellar is. So this blog post is basically me writing down what I learned about Stellar and why I found it interesting from the perspective of trying to find a cheap, secure way to send remittance to the United States from Canada (which, spoiler alert, Stellar can't do for me yet, but the technology is there if someone would let me get CAD on to the Stellar network). and and what they want to do with what they own".
#Keybase airdrop code#
But when I was poking around the web site and I found a code of conduct and a roadmap that both seemed reasonable, that's when I decided to dive into Stellar and I came out thinking that's it's actually a rather cool piece of technology for people to track "what they own. Stellar is a blockchain, but it works more like cash-Stellar is much faster and cheaper than bitcoin, for example. It’s decentralized, open-source, and developer-friendly, so anyone can issue assets, settle payments, and trade.
Trusting that Keybase wasn't getting into anything nefarious, that enticed me enough to dig a little deeper into Stellar and find their overview page which has the following summary: Stellar is a multi-currency payment backend that tens of thousands of people use every day. Curious, I read the rest of the message and found a link to Keybase's "airdrop" announcement which explained that Keybase was actually facilitating the message. But then I realized that Keybase wouldn't let a random person message me like that. All of that screamed "cryptocurrency" which isn't my thing, so my initial reaction was this was some scam by someone who randomly messaged me on Keybase trying to get me to buy into some new cryptocurrency. The message said I was being given 356.2904939 XLM as a surprise gift of "free Lumens worth $20.98 USD" from the Stellar Development Foundation. On Septemwhile I was in London, UK at the Python core dev sprints, I got a message from a user named "spacedrop" on Keybase.
0 kommentar(er)
