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   483

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.

Stellar to Implement Lightning in 2018

Main goal of Lightning implementation is to solve the problem of scaling
20 March 2018   97

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.