Viewing profile — andrewstellar

Great article on the global correspondent banking system. For anyone interested in how US domestic payment systems work (checks, ACH, Visa/Mastercard) check out Payment Systems in …

Maginot Line attack, I like that. And yep, that's basically the point I've been trying to make in my posts. IMO Bitcoin isn't "trustless" - you need to implicitly trust those with …

Why wouldn't this be plausible? Let's say one day China had enough of Bitcoin, and used their essentially limitless resources to gain enough hashing power at will, to block transac…

Here's an overview that attempts to explain it in a less CS/math way and a more general and approachable way: https://medium.com/a-stellar-journey/on-worldwide-consensus-...

Let's say there's 3 big "tier 1" operators, which everyone trusts. This means that if 2/3 colluded to defraud the system, they could. Then, a smaller non-profit or more "trustworth…

Great, thank you!

I loved this article. It was very clear: the reasoning the high level step by steps were very helpful. +1 suggestions to follow up in 3/6/12 months. Also, I'd love to see a more de…

Thanks! Please contact hello@stellar or one of the admins directly on freenode channel #stellar-dev.

Hi Peter, we are aware of this issue affecting a minority of users and are actively working to provide a fix. If you signed up with your email, we will also contact you soon with i…

We recommend you only trust one gateway per currency for that exact reason. You can only paid in currency issued from accounts you trust. Lets say your friend holds Euro credits fr…

> Another solution would be to allow gateways to declare that their coins are only redeemable by a limited set of accounts. Yep, that's baked into the protocol :) https://www.stell…

Hi karl, Andrew from Stellar here. We're aware of the problem that's causing some users not to receive their 5000 Stellar reward. We're working on a fix - you'll have your Stellars…

Hello, we check various properties of your Facebook account to determine that this was not a spam account created simply to exploit the giveaway. This is our first day out, and we …

Hello, Andrew from Stellar here. We're using Facebook as our identity verification mechanism for our giveaway, and we've added additional spam prevention checks to ensure lots of F…