Stellar Build Challenge Deadline Coming

Stellar Build Challenge occur every three months, and the projects for the ongoing phase should be submitted before March 15, 2018
21 February 2018   636

The Stellar Build Challenge is an ongoing program to reward innovation and development in the Stellar ecosystem. Stellar Build Challenge occur approximately every three months, and the projects for the ongoing phase should be submitted by March 15, 2018.

Stellar Build Challenge Stellar Build Challenge

Judges will award Lumens per submission as they see fit. Judges aim for announcing winners within two weeks of submissions closing. Submissions for each round should be done at least two weeks prior to judging in order to receive feedback. The users must announce their project on Galactic Talk to get feedback from the Stellar Development Foundation and the Stellar community.

A total of 550,000 lumens will be distributed amongst the winners, as determined a panel of judges.

The applicants should offer the non-traditional uses of the Stellar network, like building libraries, frameworks, and SDKs, wallets with functionality beyond sending and receiving lumens, tutorials involving projects based on the Stellar Network.

Other categories include Ledger Explorers, Exchanges, Remittance Applications, ICOs/Tokens/Assets, Forums, and more.

At the moment of press, these are main market parameters of Stellar:

Average price: $0,405962
Market cap: $7 497 220 935
24h volume: $113 558 000

Stellar to Implement Lightning in 2018

Main goal of Lightning implementation is to solve the problem of scaling
20 March 2018   106

The developers of the Stellar project intend to implement the idea that co-founder and CTO Stellar Development Foundation Jeb McCaleb proposed back in 2015, namely - to implement the Lightning technology in the source code of the Stellar blockchain and solve the scaling problem. This is reported by CoinDesk.

Scalability is one of our primary focuses over the next year. Hype tends to exceed reality in blockchain space - visions are big. The thing is, the tech can't actually realize what people want today. We know if they used Stellar as much as they want to, Stellar would max out. Prior to these people using the platform, it needs to be ready. We want it to be more real.

Jed McCaleb

CTO, Stellar

Stellar plans to launch its own test version of Lightning in the test network before April 1, and the client for the main network - in the fall.

It is known that the project attracted bitcoin-developer Jeremy Rubin. The team also awaits feedback from community representatives.