An overview of the Stellar protocol (www.Stellar.org), what it allows and why it can reshape financial transactions around the world. We are building a USD gateway on the Stellar network at www.HubbleGateway.com
5. Why is it different?
• Any currency pair (virtual or fiat)
• Anywhere in the world
• Within seconds
• Near-zero fees
• Open source, managed by a
non-profit
6. Not Just a Currency
• STR is an intermediary
currency
• Stellar Protocol is a distributed
exchange for any asset
• Finds cheapest conversion path
between currencies/assets
• Competition drives down
transaction costs & spreads
7. Stellar Protocol
- Pre-mined currency (95% distributed to community)
- Consensus Algorithm (3-20 second confirmation times)
- Unique Node Lists
- Non-colluding validating nodes ensure against double spending
- This allows near instant confirmation times
- David Mazières (creator of bcrypt, Head of Stanford
Secure Computer Systems Group)
- Currently producing mathematical provable whitepaper on
Consensus Algorithm
8. Built-in Inflation
• 1% fixed annual rate
• Account for economic growth & lost
stellars
• Distributed via Direct Voting
10. Gateways
• Accept customer deposits
• Issue credits on the network
• Credits are transferable to any address
• Credits can be redeemed by anyone with the
issuing gateway
12. Gaining Traction
Launch: July 31st
• Target for Month 1:
10,000 users
• Actual users Month 1:
533,697 users
• Issued Market Cap:
USD $2,505,359
• Total Issue Market Cap:
USD $245,161,099
• 6 Exchanges Trading STR/BTC
13. What we are doing
• We believe in the power of Stellar to transform
transactions worldwide
• Necessary infrastructure: Gateways
• Hubble Gateway: The First Trusted USD
Gateway
• www.HubbleGateway.com