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Jed McCaleb and Stellar’s Special Potential

Stellar handles more transactions: Jed McCaleb shared that Stellar handles a higher daily transaction volume compared to most other blockchains, with volume ten times that of Ethereum. This indicates that Stellar is not only popular for transactions but also reflects the system’s high efficiency.

Simple and efficient design: Stellar was designed simply but very effectively with features carefully considered. These features include stablecoin issuance, tokens, and a decentralized exchange. This model creates an ideal environment for real-world transactions and financial applications.

Secure governance and contracts system: One of Stellar’s standout features is the on-chain governance system and the Soroban smart contract platform, which is designed to be safer and more efficient, particularly avoiding issues like re-entrancy attacks. This ensures smooth and secure transaction processes.

Developer documentation and development goals: Stellar stands out with developer guidelines considered among the best in the industry, facilitating the construction of applications and encouraging sustainable and more efficient system development. The goal of revolutionizing digital payments and connecting finance for unbanked communities is a strong point of Stellar.

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