- From: Manu Sporny <msporny@digitalbazaar.com>
- Date: Thu, 31 Jul 2014 15:05:02 -0400
- To: Web Payments CG <public-webpayments@w3.org>
Looks like a fork of rippled, but that's purely conjecture at this point... haven't looked into the details: "Stellar is a decentralized protocol for sending and receiving money in any pair of currencies. This means users can, for example, send a transaction from their Yen balance and have it arrive in Euros, Yen, or even bitcoin. We’re expecting to support the usual categories of transactions: payments to a merchant, remittances back home, or rent splits with a roommate. You can hold a balance with a gateway, which is any network participant you trust to accept a deposit in exchange for credit on the network. Stellar also comes with a built-in digital currency, referred to as the stellar, which we’re giving away for free. The currency will have value (as determined by the market); however, its primary function is providing a conversion path between other currencies. We hope that people will build applications on top of Stellar to help bridge the gap between digital and traditional currencies." https://www.stellar.org/blog/introducing-stellar/ -- manu -- Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny) Founder/CEO - Digital Bazaar, Inc. blog: High-Stakes Credentials and Web Login http://manu.sporny.org/2014/identity-credentials/
Received on Thursday, 31 July 2014 19:05:25 UTC