The project aims to provide workshops to blockchain startups to help them enhance product design, law and engineering, smart contract development and hiring - among other areas. In July, the Stellar Foundation, Ethereum Foundation and Fidelity began supporting a new blockchain accelerator program called Startup Studio. Stellar and blockchain developmentĮarlier in September, American asset management firm Franklin Templeton Investments filed a preliminary prospectus with American regulators for a government money market fund with a focus on blockchain-based shares on the Stellar Network. At press time, XLM is trading at $0.06, having lost 0.65% over the past 24 hours, according to data from Coin360.

Stellar - which is a payment technology built on the Ripple protocol - is the 12th largest digital currency by market capitalization. The airdrop will run for a minimum of three months, after which the Stellar Development Foundation will determine whether the program is a success and should continue. The foundation states that eligible participants in the airdrop must have had a Keybase account before today’s announcement or, if they are new to the messenger, must connect the Keybase account to a Github or HackerNews account that was registered before Sept. Keybase will distribute XLM among its more than 300,000 users. 9 blog post, Keybase will be giving 100 million Stellar ( XLM) each month over the next 20 months to their users, which totals to 2 billion XLM, or almost $120 million. SDF also notes that the airdrop “will run for at least 3 months, with subsequent months subject to basic success metrics for the program.”Īccording to CryptoCompare, Stellar Lumens (XLM), the native token of the Stellar network, is trading at press time (07:14 UTC on September 10) around $0.0605, up 0.The Stellar Development Foundation, a non-profit founded to support the development of the open-source Stellar network, is launching a $120 million airdrop in collaboration with encrypted messenger Keybase.Īccording to a Sept. They’ve gone above and beyond integrating Stellar into their wallet, and their userbase would represent a big step up in usage and adoption for the network. They’ve evolved into one of our strongest ecosystem participants. We first started working with Keybase because they have a great team, and they support our values of privacy, security, and independence from corporate behemoths. In its blog post, SDF explains why it chose to partner with Keybase: that was registered before this announcement. If your Keybase account was not registered before this announcement, then you need to connect your Keybase account to a GitHub or HackerNews account that is “old enough”, i.e.

“at least 3 Keybase installs (or paper keys)”.Keybase says that to join this airdrop program, you must have: 100 million XLM each month, to “authenticated” Keybase users. SDF says that it plans to give away up to two billion XLM over the next 20 months, i.e. Keybase's encryption makes a cloud break-in impossible. Imagine if someone broke into Slack's servers and stole and published your company's or family's messages? It would be devastating. Inside Keybase, all chats are end-to-end encrypted. It supports groups big and small, communities, and teams.

Keybase is a free, secure alternative to Slack, WhatsApp, Telegram, and other chat apps. This is how the Keybase website describes Keybase Chat: Keybase is available on the web, and available as a downloadable app for Windows, macOS, Linux, iOS, and Android. Anyone can join the team to discuss Stellar, Stellar + Keybase, and so on. There is now an open stellar team on Keybase. Keybase has about 200,000 users and is growing fast. Files placed in the public portion of the filesystem are served from a public endpoint, as well as locally from a filesystem mounted by the Keybase client. They do an excellent job of explaining why a Stellar + Keybase partnership makes sense from their perspective here, and we encourage you to read it. Keybase offers an end-to-end encrypted chat and cloud storage system, called Keybase Chat and the Keybase filesystem respectively. Keybase is a key directory that maps social media identities to encryption keys (including, but not limited to PGP keys) in a publicly auditable manner. Here is a description of Keybase from Wikipedia:

Stellar Development Foundation (SDF, which is the non-profit organization founded in 2014 by Jed McCaleb (co-founder of Ripple and its former CTO) and Joyce Kim to “support the development and growth of the open-source Stellar network”, announced on Monday (September 9) that it has partnered with Keybase for its “largest airdrop ever.”

Stellar keybase