What is Stellar?
Stellar is a cryptocurrency which was created for performing cross platform transactions . It is also supports microtransactions and has a central authority just like Ripple. Stellar is a distributed , open source protocol which was invented and is owned by Stellar Development Foundation.
Stellar was invented by Jed McCaleb and Kim Joyce in 2014. Stellar received a funding of 3 million dollars from Stripe. Stellar used a network with the currency named Stellar and later its name was changed to Lumens. Market Cap of Stellar initially was around $15 millions and has more than 3 millions users registered on its network. The Stellar Development Foundation upgraded the Stellar algorithm along with a new protocol and released the updated version in November 2015.
Link : https://www.stellar.org/