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abeppu 6 days ago

So like 11 years ago, Stripe made investments into Stellar, which was supposed to be a payment network that would facilitate transactions into existing currencies. I think that hasn't really gone where it was hoped?

https://www.irishtimes.com/business/technology/stripe-takes-...

andruby 6 days ago | parent | next [-]

Thanks for calling that out. I was surprised there was zero mention of Stellar.

The reason Stellar was appealing was because Stripe invested into it. I wonder if Tempo is using a similar consensus mechanism as Stellar (and/or Ripple)

mrbluecoat 6 days ago | parent [-]

Stellar was my first thought too. I predicted it would take over the low-value transaction / fintech crypto space with their fast transaction times, low fees, spam protection, and bank buy-in but it just went nowhere. sigh

wmf 6 days ago | parent | prev [-]

Stellar was way too early.

criddell 6 days ago | parent [-]

It's still there though. Why not use it?

louisanderson01 6 days ago | parent [-]

tech debt, plus the EVM ecosystem has morphed into something beautiful, and robust in the meantime. I.e. it doesn't make sense to use something that's so far behind industry standard

albybisy 6 days ago | parent [-]

Stellar is modern and robust. They also lunched Soroban for DeFi. Stellar is amazing tech!