Stellar and Ripple has always been spoken about hand-in-hand due to having the same creator (Jed McCaleb), but the main difference being Ripple targeted towards institutions, and Stellar targeted towards individuals. However due to the SEC lawsuit, most people have forgotten about Stellar (on top of it falling off the rankings) so it is great to see that the project is being spotlighted.
Stellar is primarily a distributed payment network that is meant to provide fast, secure and inexpensive cross-border payments. The token as well as the network is used to connect individuals, banks and payment systems to move currencies securely, quickly and cheaper than traditional payment gateways
This helps in international payments and remittances, which most individuals are working out of their hometown across countries or regions, and are sending remittance back to their hometown monthly for their dependents. Stellar as an adoption would be perfect when most remittances require a brick-and-mortar shop that take hours or days before the requested currency is sent over.
I believe that Stellar has immense potential and the progress shown by Blueseriph is extremely promising. Show Less
