Stellar to Launch Exchange and to Add LN Support

Stellar published a roadmap on January 26 highlighting two main goals for 2018
26 January 2018   1289

Stellar published a 2018 roadmap on Thursday, stating that the company has two main goals: to build a front-end for Stellar’s inherent decentralized exchange called SDEX and integrate Lightning Network in 2018.

According to the announcement, at the end of 2017 Stellar recruited a veteran team, with a substantial track record of product and marketing success, to build a front-end for Stellar’s inherent decentralized exchange called SDEX.

SDEX will be the world-class front-end that our underlying technology has long deserved. It will enable on-chain, protocol-level trades for any Stellar token, and we will create liquidity to minimize spreads and maximize choice of assets.

 

Stellar statement

These are the main features of SDEX, according to the company:

  • day one trading for any Stellar ICO token;
  • atomic pathfinding to discover the cheapest rates between any two assets;
  • very low trading fees;
  • end-user control of secret keys.

The company will reveal further details on SDEX’s specific roadmap, brand, and leadership in the near future.

Stellar has also collaborated with Stellar advisor and Bitcoin Core developer Jeremy Rubin to optimize implementation of Lightning Network, which is expected to be implemented in 2018. Lightning will have a huge positive effect on Stellar’s long-term scalability and security, the company said.

Recently, we have reported that Stellar Lumens partnered with Pundi X to work for the settlement in Indonesian local currency (IDR) in the future.

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   179

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.