One key difference is that 95% of the currency is being given away for free at the outset, the bulk of it from an initial issuance of 100 billion coins created by the not-for-profit foundation that will run the project. New coins will be later added at no cost to the circulation at a rate of 1% per year.
Friday, January 23, 2015
WSJ : Mt. Gox, Ripple Founder Unveils Stellar, a New Digital Currency Project
Mt. Gox, Ripple Founder Unveils Stellar, a New Digital Currency Project talks about the founder of Mt. Gox. and Ripple, Jed McCaleb, who is also a reclusive Bitcoin pioneer and also the differences between Stellar and Ripple:
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