May 2017: Lightyear.io, a for-profit entity of Stellar aka Stellar’s commercial arm, gets launched.
November 2015: Stellar with the new algorithm goes live.
April 2015: The Stellar Development Foundation released an upgraded protocol with a new consensus algorithm called Stellar Consensus Protocol (SCP).
January 2015, Stellar had approximately 3 million registered user accounts on its platform and its market cap was almost $15 million.
August 2014: Mercado Bitcoin, the first Brazilian bitcoin exchange, announced it would be using the Stellar network.
2014: Jed McCaleb launches the Stellar network.
bank to use Ripple for cross-border payments.
May 2016: Santander becomes the first U.K.
April 2015: Ripple offices open in Sydney.
April 2015: Brad Garlinghouse joins Ripple as CEO.
2014: Jed McCaleb forks away from Ripple to form Stellar Protocol.
May 2011: Jed McCaleb and Chris Larsen find the company behind Ripple protocol, OpenCoin.
Ever since then, Stellar has grown from strength to strength. In 2014, along with Joyce Kim, they forked off from the Ripple protocol and founded The Stellar Development Foundation. He realized that there was some fundamental misunderstanding between the two parties, which was past redemption. However, things quickly turned sour between McCaleb and Ripple. In May 2011 McCaleb founded Ripple, a cross-border payment system which enabled a decentralized cross-border system without depending on mining. He eventually sold it to Mark Karpeles, whose mismanagement brought about one of the biggest crisis in crypto history. Gox because, in his own words, he wanted a way to get more Bitcoins. Back in 2006, he founded the exchange Mt. Jed McCaleb is one of the most well-known figures in cryptocurrency because he was the founder (or a co-founder) of 3 pretty famous (or infamous if you will) projects. In Ripple vs Stellar we explore both of these interesting projects! The history of these two projects is pretty intertwined as well. However, it is when you take a more in-depth look into the projects, do you see the differences. On the surface, Ripple and Stellar are both pretty similar projects as they both want to disrupt cross-border payments.