Stellar is a platform for real-time foreign exchange operations that was founded by Jed McCaleb and Joyce Kim as a branch from Ripple in early 2014. Then Stellar works on its own open-source protocol. The platform has its own coin — Lumen (formerly known as Stellar or Star). Stellar platform is supported by Stellar Development Foundation, a non-profit non-stock fund. The fund financing was received from Stripe company. The upgraded Stellar network — based on its own protocol, started to operate in November 2015. The platform received press clippings on the first coins issue in 2014.
