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Recently there has been a migration from cryptographic projects starting from Ethereum and Stellar Lumens has been one of the main destinations. Things like being able to easily generate dividends, limit who could hold tokens, time-related functions for transactions as well as the token release capabilities that make it super easy to launch a token and a dex that gives immediate liquidity without the need to go out and look for a third-party exchange. Considering how difficult and expensive it is to be listed on a large stock exchange, this is actually a very powerful feature of stellar and all this offers a significant advantage over ethereum but also ethere also has its strong advantages.
Ethereum has the largest community of developers and Ethereum also has the widest acceptance in terms of portfolios, exchange of pairings, catering services for ethereum and other blockchains that seek to build bridges for ethereum and a much larger amount of Dapps. Ethereum crushes Stellar in the Dapp category. And, of course, the ERC20 token standard is now a staple of the industry when it comes to tokens.
Speed:
The transactions per second are drastically different. Jed McCaleb, Stellar Lumes co-founder said Stellar can easily handle up to 4000 transactions per second with as many transactions as possible as the network develops and depends on the hardware used. Currently, Ethereum is around 15 transactions per second.
taxes:
In terms of commissions for sending a transaction on the luminous network, the cost of 0.00001 XLM is approximately equal to $ 0 at this time. While Ethereum transactions cost less at the moment with only a few cents on average for each transaction, but this can be much more during peak traffic periods. However, the Ethereum team promised lower commissions in the future.
Stellar Lumens Starlight:
Starlight is an implementation of bidirectional payment channels on Stellar. Payment channels will allow parties to make private transactions instantly and securely with zero rates. The Starlight is still in its early stages but will be powerful when it takes off.
Public figures:
Ethereum has people like Vitalik Buterin and Joe Lubin who regularly go to the events and conventions of the developers representing the ethereum and these are a real help in spreading the message about ethereum. In contrast, the star lumen team seems to avoid the limelight.
Partner:
Stellar has some good partnerships like IBM which says that Stellar is their go to the public blockchain. Stellar also recently received Sharia certification for compliance that will allow Stellar to access a huge market of over a billion Muslims in countries such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates and parts of the South. East Asia. These posts will now be able to integrate Stellar technology into their Sharia Sharia product and service offerings as some of these regions are effectively limited due to Sharia Banking laws that do not allow Sharia compliant activity.
But Ethereum kills him with adoption. The consensus design study is one of the main forces in the industry, but the most extraordinary thing is the Ethereum Enterprise Alliance. With members of the alliance including many of the major banks, auditing firms, universities, corporations, governments, ministries and, of course, the world's blockchain society.
Supply
In terms of the cryptocurrency offer, there is still a huge amount of XLM about 85% of the total offer to be placed on the market that will slowly over time. Ethereum, on the other hand, is on a release curve based on a fixed emission code.
Ethereum in its correct form has a lot of problems that are remarkably scalable and fast. With so many plasma developers, interchain projects, etc. All focused on ethereum, but Stellar does today what Ethereum had to do yesterday. All Ethereum partners, developers and Dapps in the world will end up being useless if Ethereum does not keep its promises. This does not mean that Stellar is the only change of game. EOS, NEO and many others are all biting in the care of ethereum. In fact, Tron's founder, Justin Sun, is even asking that projects go from Ethereum to Tron.
While Vitalik and the company are working on Ethereum, there are many other blockchain that are consuming Ethereum's lunch. Stellar Lumens is one of them. Will Ethereum still be very relevant when it keeps its promises? What are your thoughts? Tell us in the comments section below.
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