Stellar to Implement Lightning in 2018

Main goal of Lightning implementation is to solve the problem of scaling
20 March 2018   862

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.

Coinbase to List Stellar

As reported, at first, the coin will not be available to residents of the UK and the state of New York
19 March 2019   193

Wallet and mobile applications (for iOS and Android) from leading American cryptocurrency company Coinbase now support Stellar Lumens digital asset (XLM).

Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money.
 

Coinbase Team

The new asset is available to Coinbase.com users from most jurisdictions. However, at first, the coin will not be available to residents of the UK and the state of New York.