"It's hard to imagine us doing anything to limit [StellarX's] growth/functionality, like monetization would inevitably do." - StellarX DEX SDEX UI Announced Lightyear announced the Stellar DEX UI it referenced in January as StellarX. It looks beautiful - better than most centralized exchanges, and at least on par with GDAX. You can sign up for invitations now, with a public launch this summer.



Beyond the already known attributes of the Stellar DEX, the StellarX UI: address scam tokens ?) Will list all 2500+ assets on the network (how will they?)

Will be free - StellarX will even cover Stellar network fees

Will "pay out 100k XLM each week to top market makers" to create better order books

Will let users vote for the Lumenaut Community Pool

Will provide mobile app versions of StellarX

Will provide “a lot of ecosystem-wide improvements to help anchors/issuers and other apps provide a better UX on Stellar”

project by Lightyear , and the project team consists of people who made apps like Kickstarter, Headspace, and OkCupid Is a, and the project team consists of people who made apps like Kickstarter, Headspace, and OkCupid Compared to 0x, the Stellar DEX does not have nearly as many high quality tokens that originate on network (crypto tokens that don’t need an anchor), but that issue will theoretically be solved over time as more ICOs choose Stellar over Ethereum. It outcompetes 0x on speed (3-5 seconds), fees (free on the StellarX UI), order book decentralization (on ledger), order matchmaking (in protocol), and asset diversity (ease of anchoring leads to diversity across Bitcoin, ERC20, fiat, alts, securities, etc).



The question everyone keeps asking: How will StellarX make money? The company behind StellarX - Lightyear - has a business model predicated on the Stellar network being a great way to move money. Liquidity - strong order books - is crucial to this goal, and the Stellar DEX’s order books are currently a “greenfield for experienced, adventurous traders”, aka not great yet.



Lightyear wants to solve this issue with an amazing, free DEX UI with market maker incentivizes and will deploy its large stash of lumens to that end. With healthy order books, the Lightyear business model will be more likely to succeed. It sounds like Lightyear does not have monetization plans for this product - they see this as a loss leader to create a better market.



I am curious to see how they approach private keys, given MyCrypto’s announcement that their web UI won’t allow sign in with private keys moving forward.

Site , Medium Post , Reddit Post REMITTANCES EU to Nigeria Remittances Tempo is partnering with Flutterwave - an African payment technology company - to power remittances from the EU to Nigeria and soon Ghana and Kenya on the Stellar network. Link RESEARCH Anonymized Memos In this post, multisig provider StellarGuard explores how to anonymize transaction memos. Memos are often used when sending transactions to accounts that are shared across many users (like exchange accounts), but this can reduce your privacy. Link TOKENS Stellar.toml File Walkthrough Now that there are 2,500+ assets on the network and a great DEX UI is on the way, it will become increasingly important for token issuers to provide complete stellar.toml files. SDF just published a walkthrough explaining why and how to set up your stellar.toml file. Link NEWS The Lumenaut Community Pool has reached 100,000 voting accounts. Link

The NY Times referenced Stellar again - this time referring to McCaleb as 1 of the 10 “most influential people in the industry today”. Link EVENTS hack.summit("blockchain")

A virtual blockchain conference that McCaleb will be speaking. Includes a blockchain hackathon.

July 9-11, 2018 | The Internet A virtual blockchain conference that McCaleb will be speaking. Includes a blockchain hackathon.July 9-11, 2018 | The Internet WEEKLY GIF Proof of Work block mining takes 10 minutes x 6 confirmed blocks = ~60 minutes. Because Stellar consensus is just message passing and favors safety over liveness, transactions confirm every 3-5 seconds without the need for multiple confirmations. ❤️,

- Kyle



P.S. Thanks for voting in the founder series poll last week. I ran a similar poll on Twitter too, and it’s interesting to see that you - the newsletter reader - on average preferred written content (42.5% written, 15% podcast, 42.5% combo), while @ lumenauts Twitter followers preferred podcasts (20% written, 30% podcast, 50% combo). That said, it looks like a combination of the two may be the desired approach, and I’m still researching what that would look like. 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.