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The Stellar network was launched in 2015 under its founders, Jed McCaleb, David Mazières and Joyce Kim. McCaleb was formerly the founder of Mt. Gox, and he was also a co-founder of Ripple. The Stellar Development Foundation, which is a nonprofit, was created alongside Patrick Collison, the CEO and co-founder of Stripe, as well as a $3 million investment from Stripe. Stellar gained nearly 3 million users by the end of its first year. Stellar is a decentralized network on which users can create, send and trade several types of cryptocurrency. It was created in 2014 and launched in 2015 with the mission of bringing the world’s financial systems together under one network.
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