Stellar, the most promising and new entrant in the top 10 ofCryptocurrencies recently released its roadmap for the present year of 2018.
The unique feat has been possible due to the induction of continuous support byStripee which even dropped bitcoin out oftheir support. Stellar was developed by Jed McCaleb who was earlier creditedwith the development of Ripple and its security is handled by none other thanJeremy Rubin, the developer of Bitcoin Core, so, Stellar is pretty strong both inits management and team.Stellar’s roadmap can be broadly divided into two effects:-1. Development of SDEX- Stellar DecentralisedExchange:-The SDEX exchange is touted as theworldwide forefront which will enable blockchain, protocol-level trades for stellarcoins and provide liquidities, ultimatelymaximizing choices and decreasing spreads. It would enable a user to create aunique token and also can fetch any possible value in the Stellar market.
Itsuser-friendly approach is revolutionary that can change the virtual currencymarket. The other unique features are low tradingfees, automatic pathfinding for cheapest trade’s available, promise of day onesale for tokens and also to ensure end-control of user keys. The exchange willalso try to increase anchors and market-makers to position it fairly in theever increasing competition of cryptocurrency market.
The number of nodes willbe reduced which in turn will boost how the nodes exchange data, for bettermentof the network,2. Lightning network in Stellar:-Stellar is envisioned to be placed even beforethe Bitcoin, the legendary cryptocurrency in the market. Mixing technology and ideas, Stellar will integrate the security toLightning inching towards the much-neededscalability and fool-proof security. Theirtop priority is to make their network more secure and resilient by reducing theattacks on the protocol surface, thus, eliminating bugs. Stellar has also been stressing about better ecosystem supportwhich includes better overall brand communication, promotion of Stellar to raisethe stakes, better technical documentation and the development of Horizon APIand surrounded APKs.Stellar has been a prominent partner of IBM and Tempo,highlighting the potential the platform stands to encash if moving with theideals promised.