“Lumen distribution has always been core to SDF’s vision and strategy, and the network has grown enough for mass distributions to make sense.” - SDF WALLETS $125MM Lumen Airdrop with Blockchain.com Wallet provider Blockchain.com is airdropping up to 500MM lumens (~$125MM) to their ~30MM users in partnership with SDF. After completing a KYC process, users can receive ~$25 worth of lumens. Lumens are the fourth asset to be added to the Blockchain wallet and the first asset to participate in Blockchain’s new airdrop program in what appears to be the largest airdrop ever. Link SEP DRAFTS Account Transfer Permissionless Payment Protocol In SEP-0013, Jeremy Rubin proposes a way to send an asset to someone who does not have the necessary trustline and is not online at the time of the payment. This is an alternative to another potential proposal that allows the sender to add and pay for a trustline on the recipient's account and requires a core protocol change. Link CAP DRAFTS Deterministic Account Creation In CAP-0007, Jeremy Rubin introduces a new operation that creates an account with a known starting sequence number, or a "deterministic account". Right now, accounts are created with a random sequence number. This prevents the presigning of transactions for an account before it is created, something that may be important for a contract that "must create an account as a part of its settlement" (e.g. Starlight). Link NEWS Interstellar announced a pre-release version of their Bulletproofs implementation. Link



There are now 10 mobile apps using Kin - a network built on a fork of Stellar Core. Link



Ludwin on tokenization. Link



Reddit is testing out community points and polls on the r/Stellar subreddit - the second subreddit to received these new features. Link WEEKLY GIF You can access your account, create transactions, and sign transactions with your secret seed via apps called wallets. Unlike physical wallets where the asset - or cash - is stored inside the wallet, cryptocurrency wallets don’t store your assets. Instead, they store your secret seed. Your assets are not stored in your wallet but instead are associated with your account in the global Stellar ledger. A wallet usually gives you a way to view your account and the assets and data associated with that account on the ledger. It often also helps you compose transactions as well as sign them and submit them to the network. - Kyle



P.S. Here's a quote roundup from the Blockchain.com airdrop announcement:



Stellar is "built to enable a low cost, global, financial protocol, and it will be the 4th asset in our consumer wallet. We are doing this because we want you to truly understand crypto, and the only way to truly understand it is to use it." - Blockchain CEO Peter Smith announcing the airdrop at Web Summit. Link



“Lumen distribution has always been core to SDF’s vision and strategy, and the network has grown enough for mass distributions to make sense.” - Blog post by SDF. Link



"By working with Blockchain to increase the availability and active use of lumens on the network, leveraging their almost [30 million] wallets, we will increase the network's utility by many orders of magnitude." - McCaleb in an article on CoinDesk. Link



Marco Santori - President and Chief Legal Officer of Blockchain - spoke about their lumen airdrop with Pomp on the Off the Chain podcast. “Virtual currencies benefit from network effects. The more people that actually have and use a particular coin, the more valuable each particular coin is. Not in terms of stock ticker value, but in terms of actual functionality.” Link Did someone forward this email to you? Sign up to receive an email like this one every week. I find the most interesting Stellar developments from the week and deliver them to you every Friday morning.



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