StellarBase

As blockchain technology continues to evolve,
many different networks have emerged,
each with its own goals and design philosophy.

Stellar differs from many other blockchains
in that it focuses primarily on payments
and cross-border value transfers.

While platforms like Ethereum emphasize
smart contracts and decentralized applications,
Stellar is designed to enable fast, low-cost transactions
between individuals and financial institutions.

Another key difference lies in consensus.
Unlike proof-of-work blockchains,
Stellar uses the Stellar Consensus Protocol (SCP),
which allows the network to confirm transactions efficiently
without mining or excessive energy consumption.

This design makes Stellar well-suited for real-world use cases,
such as remittances, currency exchange,
and connecting traditional financial systems.

By comparing Stellar with other blockchains,
it becomes easier to understand how different design choices
shape the strengths and limitations of each network.