Stellar is a decentralized, open-source blockchain platform that aims to make financial services accessible to everyone. It was created in 2014 by Jed McCaleb, who is also a co-founder of Ripple. In this beginner's guide, we will take a closer look at Stellar and its features.

One of the main advantages of Stellar is its fast and efficient transaction processing. Transactions on the Stellar network can be processed in just a few seconds, which is much faster than many other blockchain platforms. Additionally, Stellar uses a unique consensus algorithm called the Stellar Consensus Protocol (SCP), which allows the network to process transactions more efficiently and securely.

Another advantage of Stellar is its low transaction fees. Transactions on the Stellar network can be completed for a fraction of the cost of traditional financial services. This makes Stellar a more affordable option for people who need to send money to other countries, pay bills, or make other financial transactions.

Stellar also has a strong focus on financial inclusion. The platform is designed to make financial services accessible to people who are underserved by traditional financial institutions, such as those living in developing countries. Stellar provides financial services that are affordable, accessible, and secure, which makes it easier for people to participate in the global economy.

However, there are also some disadvantages to Stellar. One of the main drawbacks is its relatively low adoption rate. Stellar is still a relatively new cryptocurrency, and it is not yet widely accepted as a form of payment. Additionally, the value of Stellar can also be volatile, which can make it a riskier investment for those who are looking to hold onto their XLM for a longer period of time.

In conclusion, Stellar is a decentralized, open-source blockchain platform that aims to make financial services accessible to everyone. With its fast transaction processing, low transaction fees, and focus on financial inclusion, Stellar has the potential to become a popular alternative to traditional financial services. However, it is important to remember that Stellar is still a relatively new cryptocurrency, and there is always a risk involved in investing in any cryptocurrency.