Stellar • Hacker News Board

Re: Stellar

#181

Post by Flavius » Thu, Jul 31, 2014, 5:49 PM UTC

[deleted] wrote: post #170

jqueryin wrote: post #18

Feel free to send me 1000 stellar in step 4 of the signup process. Username: corey . Had to be the first to ask :) Thanks in advance!

[deleted]

still waiting for my 2k :P

Re: Stellar

#182

Post by dang » Thu, Jul 31, 2014, 5:49 PM UTC

oafitupa wrote: post #126

wyager wrote: post #12

100% pre-mined? No thanks. People complain about the distribution of Bitcoin being imbalanced. This is 100x worse.

It's a fork of Ripple, lol. https://news.ycombinator.com/item?id=8115272

You've posted this 5 times. Please stop.

Re: Stellar

#183

Post by pmorici » Thu, Jul 31, 2014, 5:49 PM UTC

This kind of looks like a re-branding of Ripple. Ripple had a lot of image issues after one of the founders quit accusing the company of unethical behavior. Kind of unfortunate that Stripe would through their weight behind Ripple in any way.

Re: Stellar

#184

Post by finnn » Thu, Jul 31, 2014, 5:49 PM UTC

oafitupa wrote: post #126

wyager wrote: post #12

100% pre-mined? No thanks. People complain about the distribution of Bitcoin being imbalanced. This is 100x worse.

It's a fork of Ripple, lol. https://news.ycombinator.com/item?id=8115272

But this one is better because it has mandatory Facebook integration! Exactly what everyone wants!

Re: Stellar

#185

Post by oafitupa » Thu, Jul 31, 2014, 5:50 PM UTC

ericb wrote: post #157

oafitupa wrote: post #118

Earlier quoted context omitted.

Stellar is just a fork of Ripple: https://news.ycombinator.com/item?id=8115272

I always had the same questions about Ripple, though.

Well it's premined and centralized, so I would say it's just like any pre-Bitcoin coin/exchange.

Re: Stellar

#186

Post by sjg007 » Thu, Jul 31, 2014, 5:50 PM UTC

Great idea. This is going to be huge.

Re: Stellar

#187

Post by Flavius » Thu, Jul 31, 2014, 5:50 PM UTC

jqueryin wrote: post #18

Feel free to send me 1000 stellar in step 4 of the signup process. Username: corey . Had to be the first to ask :) Thanks in advance!

username: flavius - k thx bye :)

Re: Stellar

#188

Post by losvedir » Thu, Jul 31, 2014, 5:50 PM UTC

loupeabody wrote: post #16

Agh, the Stellar client requires a Facebook login to get a share of the initial batch. :/

Bummer. I just signed up but got to there and can't go any further since I don't have an account. I wonder if there will be other identify-provers in the future? I wouldn't mind hooking up LinkedIn or Twitter, or a phone number or something like that. (Or my Stripe account!)

Re: Stellar

#189

Post by riffraff » Thu, Jul 31, 2014, 5:51 PM UTC

how and why would stripe value 2% of the stellar at 3M$ ?

Re: Stellar

#190

Post by joyce » Thu, Jul 31, 2014, 5:52 PM UTC

jxf wrote: post #175

I was able to successfully sign up and get 5,000 STR, so that worked for me at least. But then I started looking a little deeper into the blog post. > Development is led by Jed McCaleb and Dr. David Mazieres in collaboration with a small team of others. (The technology is based on the open-source Ripple project, originally created by Jed a few years ago.) So, is Stellar fundamentally the same thing as and/or a fork o…

Great question - here are the two key items:

- Stellar is a nonprofit. No one owns it. The board and advisors represent a diverse group of people in tech, finance, nonprofit and academia to encourage cross-pollination of ideas. The board is also required to expand to 5 members by year-end.

- Almost all the stellars will be given away for free (95%) because the goal is to educate and provide access to digital currency/financial services. This is really good for cryptocurrency as a whole because it provides access to a huge segment of the world that would not have access to digital currency otherwise.

This should all help the effort be open and transparent.