Cryptocurrency Q&A
Is Lobstr open source?
Is Lobstr open source?
CryptoMystic
Sun Aug 11 2024
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7 answers
1298
I'm curious to know if Lobstr, the popular wallet for Stellar Lumens, is built on an open source foundation. Open source software is known for its transparency and community-driven development, so it would be interesting to learn if Lobstr shares these qualities. Can you provide any insight into the openness of Lobstr's codebase and if it encourages contributions from the broader developer community?
7 answers
Isabella
Tue Aug 13 2024
Stellar is a pioneering open-source protocol designed to revolutionize the global financial landscape. At its core, it facilitates the seamless exchange of money across borders, making it an attractive solution for individuals and businesses alike.
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BonsaiBeauty
Tue Aug 13 2024
The Stellar network operates on a decentralized architecture, ensuring that transactions are validated by a distributed network of nodes rather than a central authority. This not only increases the efficiency of transactions but also enhances security.
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Andrea
Mon Aug 12 2024
One of the key features of Stellar is its ability to support irreversible and cryptographically secure payments. This means that once a transaction is processed, it cannot be altered or reversed, providing users with peace of mind and trust in the system.
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CryptoVanguard
Mon Aug 12 2024
In addition to spot trading, BTCC also provides access to futures trading on Stellar Lumens, enabling traders to speculate on the future price movements of the asset. This offers investors a way to hedge their risks and potentially increase their returns.
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Margherita
Mon Aug 12 2024
The Stellar protocol also boasts a highly scalable network, capable of handling a high volume of transactions with minimal latency. This makes it well-suited for use in real-time financial applications, such as cross-border remittances and peer-to-peer lending.
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