The project and cryptocurrency of Stellar (XLM) have been having a pretty good few weeks in the crypto-verse. There was news that the IBM company aims at utilizing its blockchain to develop a Stable Coin pegged to the USD. The same IBM won a 5-year tender to advise and help research and develop technological advancements in Australia in the industries of blockchain, Artificial Intelligence, and Quantum Computing. This means that the Stellar blockchain will obviously be involved in these projects.
There is also news of Coinbase willing to list XLM on its exchange as well as on adding XLM support on its custody service.
But there are 2 projects that have excited the Stellar (XLM) Community to the point where they will not stop thinking and talking about them.
Ternio
The transactions per second on the Ternio decentralized blockchain framework are estimated at being over 1 Million. Yes. This project can process 1 Million transactions per second through its one of a kind scalable and decentralized blockchain framework.
According to the project’s whitepaper, Ternio is a blockchain based utility token built to transform and disrupt the $224 Billion digital advertising market through a multifaceted approach. Ternio empowers advertisers to verify spend through each intermediary and gives publishers the assurance and guarantee of being paid on delivery.
Its name – Ternio – means ‘A Series of Three’. Thus representing all 3 aspects of the digital advertising ecosystem: User, Publisher, and Advertiser. With 1 Million tps (transactions per second), this could be one of those projects that will take the crypto-verse by storm.
The Tron project can handle 2,000 tps and that of Zilliqa can handle 2,828 tps. Ternio dwarfs these stats in a very huge way.
Mobius.Network
According to the project’s whitepaper, Mobius integrates the old internet with the new decentralized internet of value. It integrates the blockchain ecosystem into Apps. Its simple public APIs abstract away the underlying complexity of blockchain integration and development so that any developer can build modular constructs on the blockchain without specific domain expertise.
In simpler words, it is developing innovative and simple protocols that will easily connect every developer and billions of people and devices to the blockchain ecosystem.
The project chose the Stellar blockchain to launch its ICO over that of Ethereum. Mobius already has a decentralized app store.
In conclusion, the Stellar blockchain network continues to be a viable option for projects that want a stable framework for their ICOs and final project. With Ethereum having been shown to have security vulnerabilities and scalability issues, Stellar is slowly filling the void for a trustworthy environment for smart contracts. It is only a matter of time till XLM skyrockets in a manner similar to how ETH did in 2017.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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