Stellar is an open-source, distributed public infrastructure for money. Stellar is a technology that enables money to move directly between people, companies and financial institutions as easily as email. It lets you facilitate multi-currency & asset transactions very fast, reliable, and for a very less cost by using a crypto-asset called Lumens (XLM) as a bridge.
Stellar’s basic operation is similar to that of most decentralized payment technologies. It runs a network of decentralized servers with a distributed ledger that is updated every 2 to 5 seconds among all nodes. The most prominent distinguishing factor between Stellar and bitcoin is its consensus protocol.
This means more access for individuals, lower costs for banks and more revenue for businesses. Help better the world’s financial infrastructure by participating in our community or by building on Stellar.