With
no doubt, I can say that has one of the strongest communities
around its in the crypto space. The most important part of
their community that drives the innovation is the Build
Challenge. It’s responsible for funding the most useful tools build
upon . Let’s take a deeper look!
Approximately
every three months launches a new challenge for its community
members incentivizing them to create useful tools and spreading the
word about . There are three general rules for participating
in the challenge:
- Submissions
must be live and available somewhere so people can use/review them. - All
entries must be announced on
(Stellar forum). - Code
must be open source, this means it’s freely available for everyone
to view and modify.
SBC Projects
Development of SDKs
consists of a wide range of software development kits in many
different languages which allows developers to interact with the
Horizon API using their native programming language. One of
the latest additions is the SDK for iOS so app developers can
integrate -based operations in mobile applications. It’s
great to see such variety in SDKs that help to further increase
developer support so any dev can adopt .
Stellar Token Wallets
Many
wallets have been developed over the past year,
is an online secure that supports all assets.
Why is it worth mentioning just this ? During the 7th SBC,
announced that they wanted to see UI and UX improvements to
the existing wallets. Lobstr.co introduced a clever idea where they
credit each new account 1 XLM as that’s the base amount to activate
an account on the network. For many new users, this is a huge
UX struggle as they must sign up at an exchange (go through the slow
KYC process) to buy a small amount of XLM just to activate their
account. Because of this struggle, many users just leave their
XLM holdings on the exchange which is less secure compared
with a like Lobstr.co where you own the private and public
key. By giving this one XLM, Lobstr.co can remove a big UX hurdle for
new users adopting .
If
your is inactive for 20 days or more, Lobstr will delete your
account to return the credit. However, your account will be
available anyway. Besides that, you won’t be allowed to keep the 1
XLM credit. As soon as you receive funds to your account, the
1 XLM credit will be paid off.
Stellar Token Exchanges
Stellarport.io
is an SBC product that is widely used by the community.
Stellarport.io stands for a secure and reliable portal to the
network. Using their intuitive portal, users can create and manage
their , send payments in all assets, and trade on the
decentralized exchange.
Other Relevant Projects
Through
the SBC challenge, many relevant projects regarding security were
developed. For example,
Authenticator
is a tool for creating accounts and validating transactions on
. Besides that,
helps you to securely create transactions while keeping all your
private data encrypted.
StellarGuard
is an extra security plugin for your account to protect it
from security flaws. Whenever an attacker is able to access the
private key of your account, StellarGuard helps to prevent him from
stealing your funds.
utilizes the network’s multisignature functionality to
protect your account. It’s actually very simple, you create a
StellarGuard account and add this public key as an additional signer
to your main account containing all your funds.
.org
is accepting proposals from leading organizations that are building
on the network to improve the global financial landscape and
promote financial inclusion. Exceptional organizations who develop
and operate products and services that are crucially important to the
Network may receive up to $2,000,000 USD worth of lumens per
grant. In total, has allocated in total 25 billion Lumens
into the Partnership Grant Program.
Stellar and Keybase
Partnership
One
of the fruits of this Partnership Grant, is the partnership Keybase
acquired with the Foundation. Keybase has created a general
set of cryptographically secure tools (chat, file storage, git) which
will be supported by .
is mostly interested in their ground-breaking effort to link strong
cryptography to real-world identity. They see a future where, say, I
can send my friend 100XLM, and, via Keybase, I can send it to her by
knowing only her Twitter or Reddit handle. I won’t need some long
string of digits as a key, just a human-readable username that I
already know. In short, I can interact with her financially in the
same way I interact with her socially. The end product would be like
a global, decentralized Venmo, where “you
can send around every asset under the sun, not just your local
currency—that’s where money is heading”,
and they want to get started along the path.
is doing a great job building, incentivizing, and growing their
community. On the one hand, developers get a chance to get rewarded
for their hard work, on the other hand, users can profit from
all these new tools being developed. has one of the largest
communities due to all the efforts they put into their community.
It’s great to see that amazing projects like Keybase partner with
to pursue amazing things like building one global currency.
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Published at Sat, 06 Apr 2019 11:53:13 +0000
