🗣️ Jed McCaleb Speaks Out:
In a recent statement, Jed McCaleb, founder of the Stellar Development Foundation (SDF), clarified that Stellar is fundamentally different from Ripple.
> "Stellar is very different from Ripple. No shared code, different consensus mechanism, different features, and we have smart contracts," McCaleb emphasized.
This comes after Charles Hoskinson (Cardano founder) stirred the pot during a livestream, mentioning how Stellar was included in the Wyoming Stable Token Commission's WYST stablecoin project, while Ripple wasn't. McCaleb wanted to set the record straight!
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🧐 Stellar's Unique Features:
No Shared Code with Ripple – Stellar operates independently, with a unique tech stack.
Different Consensus Mechanism – Unlike Ripple's consensus, Stellar uses Stellar Consensus Protocol (SCP).
Smart Contracts – A key feature Stellar offers, setting it apart from Ripple.
Active Use – McCaleb noted that Stellar already handles more transactions per day than Ethereum — 10x the volume, in fact!
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🚀 The XLM Surge:
The Stellar (XLM) token recently soared, marking multi-year highs. Though often grouped with Ripple's XRP due to their similar history, McCaleb says Stellar is the most underrated crypto project.
Real-world use: Stellar already processes a staggering number of transactions, with real people using it for real-world payments.
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🤔 Why is Stellar the "Underrated" Gem?
Stellar is quietly outperforming many networks in daily transactions.
It’s already making a massive impact where it counts – real-world applications.
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🔑 Final Thoughts:
Stellar (XLM) is NOT Ripple. It’s a separate, powerful project that is flying under the radar but steadily gaining traction in the crypto world. As McCaleb says, "Stellar is doing way more than meets the eye" – and 2024 could be its breakout year.
🔮 Stay tuned for what's next, and keep an eye on XLM! 🚀
#GODINDataForAI #XRPMarketShift #BTCWatchZone #MajorUnlocks #Write2Earn!
