
Stellar to Participate in Consensus Toronto in Toronto on May 12th
Stellar will be present at Consensus Toronto, scheduled in Toronto, from May 12 to 15.The program includes the Toronto Builder Summit on May 12th, a contribution to the Open Money Summit on May 14th at 18:25 UTC, and activities in the Stellar Networking Lounge throughout the conference. Refer to the official tweet by XLM: Consensus Toronto is next week and SDF will be on the ground:🔨 Monday, May 12th: the Toronto Builder Summit kicks off.🎤 Wednesday, May 14th at 2:25PM: Check out at the Open Money Summit.🤝 Plus, join us in the Stellar Networking Lounge. And on May 15th, stop…XLM InfoStellar is a decentralized, open-source blockchain platform for conducting financial operations. It was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple. Stellar utilizes its own consensus protocol called the Stellar Consensus Protocol (SCP), which enables faster and more reliable transaction processing compared to most traditional systems.The main goal of Stellar is to create an international platform for digital payments that brings together individuals, banks, and payment systems. A crucial aspect of Stellar's functioning is the support for the creation and exchange of “anchor” issuers who process deposits, facilitate asset issuance, and meet the requirements for developers to build products and services using these assets, with a focus on enhancing the end-user experience.Stellar has its own cryptocurrency called Lumen , which is used within the system to pay transaction fees and prevent spam.