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I think this coin has tremendous potential for the future
It has had a dramatic rise from about 0.03 to the $0.50 - $1 range the last 6 months.
Stellar Lumens was originally a fork from Ripple, then rebuilt from the ground up.
Cheap to send (fractions of a penny) and quick too (2 - 5 seconds)
Jed McCaleb
Jed McCaleb is the CTO and cofounder of Stellar.org, where he leads technical development.
Background
Jed believes in consciously leveraging technology to reduce inefficiency and improve the human condition. He created eDonkey, one of the largest file-sharing networks of its time, as well as Mt. Gox, the first Bitcoin exchange and in 2011, Ripple. Recognizing that the world’s financial infrastructure is broken and that too many people are left without resources, he cofounded Stellar Development Foundation in 2014. Jed is also an advisor to MIRI, which researches artificial intelligence for positive impact.
Stellar Fees
There is a nominal fee, referred to as a base fee, associated with each operation in a transaction. The sender of the transaction incurs the fee.
The fee functions as a deterrent: Though nominal, it discourages users with malicious intentions from flooding the network (otherwise known as a DoS attack).
The base fee is currently set to .00001 XLM. The fee will increase if the system suspects an account is submitting transactions with the malicious intent to bring down the network.
No one profits from the base fee. The ledger collects those funds and redistributes them in the process of inflation (see the next question, below).
XLM also had Ledger Nano S integration - with inflation too. This is a very handy feature. Very easy to set up. Think of it as dividends paid out weekly (Tuesday Australia time).
Inflation
The Stellar network has a built-in, fixed inflation mechanism. New lumens are added to the network at the rate of 1% each year. The network also collects a base fee for each operation in a transaction. The funds from base fees are added to the inflation pool.
As a balancing measure for the ecosystem, anyone who holds lumens can vote on where the funds in this pool go. Each week, the protocol distributes these lumens to any account that gets over .05% of the votes from other accounts on the network.
Lumenaut - Community Pool