SNAKE. SNAAAAAAAAKKKKKEEEEE

you're literally making shit up and expect people to believe you?

maybe because you sage the thread with your autism

SSSSSSNEEEK WAAKE

Not sure about making things up...
What about this one?

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Link to document?

It seems that was created before 2016, because 85% of that is wrong and changed today.
>for profit, Jed/founders 'reserved' 5% for 'operation' expenses; effectively they control these STR's
hahahaa, whoever made this is fucking retarded. The ledger is public you fkin idiot, they see what the SDF pool is, everyone sees how much they take out. You're a fucking lunatic to think there is a conspiracy.

They made it a non-profit because they don't want the money, they made it a tool and they barely have the amount of money Ripple has and are still doing as much damage in the market as they are.

But yeah, outdated and redacted. Irreverent to today. You might as well say they still give out handouts to niggers for free XLM, which is wrong because they don' give out XLM anymore except to business partnerships and physical meetups.

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However... what do you say to those accusations mr bagholder?

>what do you say to those accusations mr bagholder?
tbqh I would say thanks Steller and Co for helping me break 6 figures.

You clearly don't know Jed McCaleb's past or what he intends to do in the future. Mother fucker has been a pearl for the human race since 2005, and he doesn't even give a FUCK about money. Everything he has touched has turned into GOLD

Literally see nothing wrong there

>mr bagholder
up over 100% on my lumen stack. this isn't link you absolute faggit. the coin works, and it's faster than your mom choking down loads behind the 7/11 pajeet

It's outdated

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Can they achieve such speed and low fees without centralization?

The ledger takes in transactions every 5 seconds. It's how it works, it is not PoW. It is called Stellar Consensus Protocol and depends on node validators to verify them. The game plan is to have businesses load on, which will then become anchors and validators etc, and help create a network full of reputable companies/developers/organizations etc.

To utilize Stellar for your infrastructure, the speed depends on your own hardware. So if you have a shitty computer, compared to Amazon AWS, yeah you get the idea. Also depends how you code the application. Redundant code, etc.

Centralization... I'll take a try to explain in simpler terms. But first I assume you understand that Quorum Slices are to help a Stellar node do the validation.

Stellar is all about trust (validators). After all, when you have to trust somebody, you'd trust the reputated nodes, rather than a random stranger node on the internet.

That sounds like overly complicated technical talk designed to confuse the reader and hide the poo
> It is called Stellar Consensus Protocol and depends on node validators to verify them. The game plan is to have businesses load on, which will then become anchors and validators etc, and help create a network full of reputable companies/developers/organizations etc.
Sounds centralized to me.

Jed dumping billions of stellar

>That sounds like overly complicated technical talk designed to confuse the reader and hide the poo
If that was too difficult don't worry, your money deserves to be in LINKvaporware
>Sounds centralized to me.
What's centralized about it? They are verifying the transactions lol, that's it.

Also, tell me what is not 'centralized' in the crypto world.
>protip
you can't
still haven't replied to me faggot,

Anyone can set up a node, you can, I can, IBM can (they actually already have 12 up), and all the other companies using Stellar today

>stellar.org/about/directory#companies

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Its been going down for a week now. Why the thread now?
Its still same value because of eth but that doesnt matter