“It’s an open secret that it’s simply the wrong platform for most of the stuff being built on it—it’s not, of itself, a bad technology, but entrepreneurs have applied Ethereum to the wrong uses.” - StellarX DEX StellarX Spends $13,000 on ETH Gas StellarX spent $13,000 on ETH gas to directly test the real cost of “running an ‘at-scale’ app for a total of ten hours on the Ethereum network”. “If you’re building something where: 1) you issue a token 2) that users will trade back and forth, and 3) you want those trades to happen cheaply and in real-time, Ethereum is the wrong choice.” Link WALLETS Timeline for Trezor Support for Lumens The next firmware update for Trezor will include Lumen support, and Trezor’s CTO estimates it will be ready in September. Link PROTOCOL Migration Schedule for Stellar Core v10 The network plans to migrate the testnet to v10 this week and the public network in late August / early September. “This will require validators to be ready and vote, so we’re asking all validators to prioritize keeping up to date with the pre-releases (when testing) and releases over the next few weeks.” Link WALLETS Single-Sign-On App and Tx Signer for Stellar Network “StellarExpertID provides a safe and reliable way to use your Stellar accounts without trusting anyone with secret keys. It works similar to the hardware wallet, but secret keys are encrypted with your password and stored in the browser instead of the external device.” Link NEWS "Facebook Won’t Be Building on...Stellar" “One thing we know for sure is that Facebook won’t be building on the Stellar protocol. Facebook debunked a Business Insider report saying it was, telling TechCrunch it was not in talks with Stellar or planning to build on it.” Link WEEKLY GIF The second kind of node is a validator. Validators serve a purpose somewhat similar to Bitcoin miners - they agree on sets of transactions every several seconds via consensus and update the global ledger (in addition to what watcher nodes do). ❤️,

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