Cryptocurrency Q&A
Who owns the Stellar Network?
Who owns the Stellar Network?
SamuraiHonor
Sun Nov 17 2024
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7 answers
1624
I'm curious about the ownership of the Stellar Network. I want to know who exactly owns and operates this network, as it's important for me to understand the background and authority behind such a significant platform.
7 answers
Caterina
Tue Nov 19 2024
The Stellar Development Foundation is accused of controlling a large share of the lumens tokens, which is the native currency of the Stellar blockchain.
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henry_rose_scientist
Tue Nov 19 2024
Prior to Stellar, McCaleb founded Mt. Gox, one of the earliest and most notable cryptocurrency exchanges.
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Tommaso
Tue Nov 19 2024
In addition to Stellar, McCaleb also co-founded Ripple, another significant player in the blockchain industry.
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CryptoPioneer
Tue Nov 19 2024
Despite its promising start, the Stellar blockchain has faced criticism from some quarters.
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Ilaria
Tue Nov 19 2024
Critics argue that the Stellar blockchain is centralized around the Stellar Development Foundation.
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