Stellar Protocol: What is Stellar and Why It Matters

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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

Technology

A presentation by Hubble
STELLAR
The future of transactions

What is Stellar?
A decentralized protocol for sending and
receiving money in any pair of currencies.

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

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

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

Built-in Inflation
• 1% fixed annual rate
• Account for economic growth & lost
stellars
• Distributed via Direct Voting

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

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

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

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Stellar Protocol: What is Stellar and Why It Matters

1. A presentation by Hubble STELLAR The future of transactions

2. WHAT IS STELLAR?

3. What is Stellar? A decentralized protocol for sending and receiving money in any pair of currencies.

4. WHY IS IT DIFFERENT?

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

9. THE STELLAR ECOSYSTEM

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

11. Transaction Path-Finding

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

Stellar Protocol: What is Stellar and Why It Matters

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