/biz/ - Business & Finance

I've been reading up on the SCP and from what I've seen it uses Federated Byzantine Agreement. Does anyone know what the main difference is from this and NEO's Delegated BFT. Obviously NEO's is currently much more centralised and nodes will be voted in, how are nodes chosen here?

Anyone can run a node on stellar.

But you have to have good speed and be set up correctly, or the others won't validate you.

Most nodes are run by people using the network a lot. Like IBM, Tempo, SDF and satoshipay.

https://www.stellar.org/developers/stellar-core/software/admin.html

Wakey

Why are there so few /biz/ threads on Stellar? Shit has gone from #30 to #6 in a year. It's now 1/3rd of XRPs market cap and closing on EOS

>>10591174

The only red flag in seeing is the massive supply. Are they locked up? Being spent on marketing or development? Is there any transparency on what they are being spent on?

>>10591174
Because that was the massive pump and it’s already happened. You guys can’t get in on top 10 coins and expect to make tons of money.

xrp is better tho

>>10591284

https://www.stellar.org/about/mandate/#Lumen_Distribution

Basically Lumens are given to plebs (too increase adoption) and to businesses that work the network.

I see it as customer acquisition cost over a decade.

>>10591524

>top 10 coins
>no money

Lol the days of moonshits are over dude. VTC and VEN were the last ones. There are way too many people paying attention now, and ICOs that are huge are premiering huge.

Stellar has room to triple with no limits after that. Fucking shitcoins like LINK and ODN are not going to get in the top 20 ever

>>10591839

Ripple has lost ground to XLM repeatedly. It was 30:1, then 20:1, 10:1 and now it's 3.5:1.

That trend continues.

too many red flags with stellar, thats why partnerships have backed out and opted to go with ripple instead. read up on all the negatives. no one wants to work with jed macaleb, hes a con artist. he was heavily involved in the mt gox scam. he basically left ripple and stole ripples code.

>>10592181
30:1
because jed was giving it away for free and it was worth nearly nothing

>>10592231

Jed left Ripple in 2013 when they decided they wanted to completely centralize the coin. He then dumped his XRP which caused the XRP prices to tank. So XRP sued him. He agreed to sell it slowly. Then founded Stellar by fixing critical weaknesses in Ripples code and changing the governance model. It's been wildly successful. Now approaching XRP is market cap. It's been one of the best performing cryptos. An one of the few to actually break into the top 10 and stay there.

Jed built Mt Gox and dumped it on Keraples in 2011. Years before the crash. Mr. I am Euphoric still lives in hiding. If anything it proved Jed could build a business.

Is this fud from 2015?

>>10592235

And now it's worth 1/3rd of Ripple and climbing. Stellar will surpass EOS and BCH after coinbase

How much are you holding?

>>10592529
>Jed left Ripple in 2013 when they decided they wanted to completely centralize the coin
jed left ripple because ripple board of directors didnt like various of his liberal ideas ie doing facebook giveaways and didnt want his manipulative sjw girlfriend in the company
stellar is more centralized than xrp too

>>10592529
because of stellars "vision" and goal of unbanking poor and undeveloped nation, their altruism of helping the poor and giving away shitloads of free tokens and having an unlimited supply, this coin can never be a winner in terms of gains. can you address this?

>>10590542
>Obsessed
B
S
E
S
S
E
D

>>10592574

[Citation needed]

Another /pol/-tier argument. Jed didn't like centralization and Ripple's for profit governance. Not surprisingly, it's now run by Garlichouse, a underperforming mid level manager from a highway of death of failed tech companies like AOL and Yahoo. How this is being construed into a incel argument is not only confusing, but honestly pathetic.

Also only a fucking retard would think Stellar is more centralized than Ripple. I'm setting up my own watcher node as we speak.

>>10592577

Crypto's adoption is always gonna be a debated topic. I personally think giving gibsmedats stuff tends to work and build loyalty (see: liberalism). So therefore a good route toward adoption is concentrated drops.

As for "altruism", this is SF. You have to at least act your helping plebs. I understand that market because I've lived there.

Regarding growth. Stellar is still only at 1/3rd of Ripple's cap and 1/10th of ETH. I don't think it's gonna flip ETH, but its gains:risk ratio is quality

>>10593155
https://www.quora.com/Why-did-Jed-McCaleb-leave-Ripple-to-start-Stellar
http://observer.com/2015/02/the-race-to-replace-bitcoin/

>>10593155
>only a fucking retard would think Stellar is more centralized than Ripple.
hmm

>>10593211
xlm is centralized
it is just not as fudded

XRP is fully decentralized. Except only Ripple can access the actual database, freeze funds, decide who runs the node. 40% locked in "escrow" (100% profit taken by Ripple) and 60% in private wallet of Brad. Ripple basically printed their own money and called it muh blockchain to sell it to the public normie imbeciles on the crypto hype. When facing numerous lawsuits they simply literally said "we have nothing to do with XRP it, it was gifted to us. Yet brainlets still consider Ripple = XRP. No adoption happening, sorry anon.

>>10593254
>only Ripple can access the actual database
database?
>freeze funds
pic related
>decide who runs the node
this is wrong, anyone can run a node, just like in the stellar network
>60% in private wallet of Brad
can you show us brad's xrp wallet adress?
>opinion
>opinion
you are a newfag that joined in december 2017 and you think you are a cryptocurrency expert
>database kek

>>10593195

>David Schwartz

Picking a fucking ogre and shameless ripple shill as your justification.

This cretin just got promoted to CTO.

Jed's response;

>David I always enjoyed working with you and I thought we had a degree of respect for each other so I'm pretty disappointed in your tone here. don't really want to get into a big back and forth about this but this just isn't correct. When I left ripple the board was 2 people; myself and Chris.

>I left because I made the mistake of bringing Chris on as CEO and it ended up being untenable to work with him for a variety of reasons. I feel like I've been extremely restrained in my criticism of ripple despite the frivolous lawsuits from you guys the constant attacks on my character and my family. I know you are actually a good person but I think you are in too deep to see how horrible Chris has acted toward me.

>Stellar hasn't abandoned the idea of distributing the lumens widely and the original facebook distribution was actually a success but the software/ecosystem wasn't ready for it at the time so we stopped it. We will do something similar in the future. I don't think any attempt at an internet level protocol like stellar or ripple can be widely adopted with a for profit company owning the majority of the tokens.

>Stellar has always been focused on cross border payments so the IBM announcement isn't a pivot by any means. Stellar and ripple are going after two completely different use cases as far as I can tell so I don't understand the continued hostility.

Also how can you "steal" something that's open source?

Jed made a better coin. He was right.

Anyone else in StellarX beta? What do you think so far? I haven't played with it too much yet

>>10593326
>Yes, blockchain is a database, you expert.
>Brad literally said 60% of all XRP is and will remain in the possesion of Ripple Labs to fund projects
>Ripple can freeze the funds, delete data in the dabase. This is what differs XRP from other crypto currency. It is overwatched by centralized entity (Ripple Labs) to ensure security (read the whitepaper)
>Im a "newfag that joined december 2017" but you dont know shit about blockchain or even the fucking coin you're so eager to come to defense of the most shitty normie plebbit coin every taxi driver and pajeet owns that received the most justing in 2018 so far.
Muh adoption bro. Every Jewish bank CEO will jump on board of using imaginary "printed" money owned by a private company and pay them for it. Make them in charge of the fucking financial secotr and basically make them the richest people on the planet.

>>10593363
David Schwartz
>a fucking ogre
he is a fucking genius, without him neither ripple or stellar would exist, he was here from the beginning, even before Chris Larsen
>Jed's response
now read David's response to what he said
and you didnt even read
>http://observer.com/2015/02/the-race-to-replace-bitcoin/

>>10593211

>7 posts by this ID
>blue ID

Who could it be?!?

>posting the same images as you did yesterday and you were refuted in the same way.

Ripple Labs is a for-profit company that owns the majority of their tokens.

Their board director (Larsen) holds 5 billion of them. lol not too mention their board is infested with fucking syscophants from the banking industries and Clinton/Cuomo admins.

Anyone can start a node on Stellar. Ripple printed their own money and completely control it. The attempt at "decentralization" is riduclous because a for profit company can do whatever the fuck they want

Honestly listening to people say Ripple is decentralized is about the stupidest thing ive ever heard. Nobody agrees with you. No one.

Also hilarious that you can't come into the Stellar daily without mentioning cripple.

>>10593505
>Genius

>>10593505

C R I P P L E

Let's summarize today's Stellar FUD

>this super centralized for profit company with money they printed staffed by (((them))) is better than XLM
>Jed's a SJW! He gives a shit about expanding services in areas that don't have them! Lame! Oh and his girl is Yoko Ono
>I trust the coin run by bankers, Clinton surrogates and Cuomo surrogates
>Jed's a loser! It doesn't matter that Ripple is constantly losing market share to it
>nothing Stellar has done matters, Ripple is better because I say so

>>10593498
i clearly showed you a well known crypto figure apologizing for falling for the
>xrp can be fronzen
fud
>Every Jewish bank CEO will jump on board of using imaginary "printed" money owned by a private company and pay them for it. Make them in charge of the fucking financial secotr and basically make them the richest people on the planet.
no, somehow they will jump on board of using the same imaginary money but printed by another guy and make a non profit organization with a liberal agenda of giving away money for free in charge of the fucking financial sector
>delete data in the dabase
no source?
>>10593519
>Ripple printed their own money
stellar was created the same way xrp was created how can you defend one and atack the other with the same argument?
>The attempt at "decentralization" is riduclous
look at pic related >>10593211 and >>10593240
stellar is clearly more centralized than xrp
and dont forget that the stellar foundation holds 80% that can be dumped at any time since there is no cryptographic escrow preventing that
>Nobody agrees with you. No one.
i dont care if you agree, im telling the truth and there is a source to back it
>>10593627
>Better than Ripple Edition
i just came here to refute this

>>10593723
They can freeze the blockchain database by freezing/shut down the nodes, which they control (all). The thing about XRP is that it is the only "crypto currency" (even its actually just a pseudo crypto currency) entirely owned, distributed and controled by a private commercial company. Any other crypto would be much more suitable for a banking adoption. Tho with POS like bitcoin they would just enrich the mining monopol. So in order to be really adopted, it must be non-profit and totally decentralized.

>>10594089
>They can freeze the blockchain database by freezing/shut down the nodes, which they control (all).
it's a shame that you have to appeal to this low level fud and false arguments to attack xrp and still manage to contradict yourself
>>10593254 you said
>XRP is fully decentralized.
here is the list of validators
https://xrpcharts.ripple.com/#/validators
ripple controls 16 out of the 284 validators and 812 nodes
the rest of your post is just your opinion that you dont have any fact to support

>>10593723

>liberal agenda

lol what the fuck? Stellar thinks drops are good at getting customers and adoption. Ripple doesn't. Stellar is non profit, Ripple is not. Stellar improved Ripple. Ripple has stayed the same. Going after (((banks))). Meanwhile, Stellar is actually doing real projects and has real business partners.

>I just came here to refute this

You came here to shill Ripple buddy. You did the same thing yesterday, by posting the same meaningless images.

Cripple has been bleeding market share to Stellar. It's not surprising that you argument consists of personal attacks, conspiracy tier incel ideology, and pathetic attempts to credit Ripple, of all coins, decentralized.

>mfw Chris Larsen (Director) has 5 billion Ripple. Or 13% of the supply himself.

>>10594276

>16 out of

20 dumbass. There are 20 total. The other nodes are meaningless.

Just google the story of Jed and ripple and how he is cucked by his cunt wife. He's also a jew who fucked over his previous companies. Stellar might be good for short term gains but the project will drop unless taken over by some non piece of shit.

>>10594313
>There are 20 total
i can see more than 20
>You came here to shill Ripple buddy.
and i literally just came to refute that, i keep comming because op keeps mentioning xrp/ripple and the thread appears highlighted
>Stellar improved Ripple
in no way
stellar is going after banks too, you fell for the coin for the people meme, that was just to appeal the bitcoin community

not trying to be a dick since i dont own either coin, but if you are targeting the banking sector, wouldnt large corporations and banks be more drawn to centralized projects like ripple? like if youre a bank why would you opt for a more decentralized coin like xlm, it seems to go against bankings best interest

>>10594444
checked

I have absolutely zero knowledge about XLM, but if it's a genuine project with genuinely good intentions and it's truly decentralized, then obviously that's why they would be attracted to it -- to destroy it.

Just like Blockstream (which was created to cripple Bitcoin) is involved with lots of financial institutions and banks and pro-globalist, anti-white, anti-freedom organizations and individuals (like AXA and Henri Castries).

>>10594444
why cant people compare two simple images

>>10593440
Yea I got in today, it's pretty good overall but it's not finished. Hoping our feedback helps them improve!

>>10594435

Filtering boy. Try "validated"

Almost nothing in the daily mentions XRP. You now have 12 posts in this thread.

Why not both banks and people?

>>10594276
When I said "XRP is fully decentralized" it was a sarcasm followed by constant shitting on the coin. Are you seriously such brainlet bro?

>>10594276
And "validators" are not nodes. As far as I know Ripple Labs controls more than 90% of the nodes. Not to mention they own 60% of all XRP tokens plus whats left in the supposed "escrow" to be further released to the public and cashed in by the Ripple Labs. I seriously cant understand how could anyone with above 80 IQ support this fucking shameless cashgrab scam.

>>10590542
Call it /SXG/ so I can add it to my filters OP!

>>10594749
> As far as I know Ripple Labs controls more than 90% of the nodes.
you dont know basic things about xrp and just parrot the same fud paid fudsters tell you
refeer to
>>10594276
>>10594669
and knowing that, can you look at this image >>10594539
and explain me what makes you think xrp is centralized?

>>10594926

Haven't you made a fool
out yourself enough?

It's hilarious watching garlichouse and ogre-man go on the internet and complain about being accused of centralization.

Ripple is very centralized. That's it's fucking STRENGTH. I don't get why you are trying to convince people it's not.

Stellar was founded on principles and governance that are far more like other cryptos such as appealing to non fintech uses, governed by non profits and decentralizing validators.

I think Ripple should do it's thing. Be what it is. But to come in here and shill ripple as decentralized and try to shit on stellar is fucking laughable.

Coinbase picked stellar. Not Ripple. Ripple is losing market share. People don't like ripple because of who runs it and it's centralization. Very few people have those reservations about Stellar.

>>10595328
>please leave
lol no, prove me wrong first

>>10595328
stellar is just a fork of xrp, it will allways be less relevant it and below xrp
just like bitcoin and bitcoin cash but with the diference that xlm doesn't have any remarkable improvements and it is even slower, 1500tps of xrp vs 1000 of xlm

>>10595552
Imagine being delusional and hopeless with your heavy bags like this guy, lol.
>muh crypto for banks
Enjoy bags, fucking pleb.

>>10595794
kek

>>10595818

>16 posts by this ID

Thanks for bumping the Stellar thread so much. I'm sure you were just "stopping by" and don't like cripple

Bought some XLM in the time this whole argument played out