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<title>Why ThreeFold chose Stellar - ThreeFold</title><meta name="gridsome:hash" content="c0a8b5467d8020ad5b2cd7ff40352f3dd0fb561c"><meta data-vue-tag="ssr" charset="utf-8"><meta data-vue-tag="ssr" name="generator" content="Gridsome v0.7.23"><meta data-vue-tag="ssr" data-key="viewport" name="viewport" content="width=device-width, initial-scale=1, viewport-fit=cover"><meta data-vue-tag="ssr" data-key="format-detection" name="format-detection" content="telephone=no"><link data-vue-tag="ssr" rel="icon" href="data:,"><link data-vue-tag="ssr" rel="icon" type="image/png" sizes="16x16" href="/assets/static/favicon.ce0531f.58ac168c914573b5ef7275f1a675e75a.png"><link data-vue-tag="ssr" rel="icon" type="image/png" sizes="32x32" href="/assets/static/favicon.ac8d93a.58ac168c914573b5ef7275f1a675e75a.png"><link rel="preload" href="/assets/css/0.styles.73032182.css" as="style"><link rel="preload" href="/assets/js/app.73bc704b.js" as="script"><link rel="preload" href="/assets/js/page--src--templates--news-post-vue.89aa7b8d.js" as="script"><link rel="prefetch" href="/assets/js/page--node-modules--gridsome--app--pages--404-vue.f29ba7ba.js"><link rel="prefetch" href="/assets/js/page--src--pages--blog-vue.63b5c006.js"><link rel="prefetch" href="/assets/js/page--src--pages--index-vue.92f57d41.js"><link rel="prefetch" href="/assets/js/page--src--pages--index-vue~page--src--templates--markdown-page-vue.36b4226f.js"><link rel="prefetch" href="/assets/js/page--src--pages--news-vue.6bf395e2.js"><link rel="prefetch" href="/assets/js/page--src--templates--blog-post-vue.dbd3480c.js"><link rel="prefetch" href="/assets/js/page--src--templates--markdown-page-vue.78c26ac4.js"><link rel="prefetch" href="/assets/js/page--src--templates--membership-vue.8c91e299.js"><link rel="prefetch" href="/assets/js/page--src--templates--partners-vue.28c470a5.js"><link rel="prefetch" href="/assets/js/page--src--templates--person-vue.b9d02a2b.js"><link rel="prefetch" href="/assets/js/page--src--templates--project-vue.89548dcb.js"><link rel="prefetch" href="/assets/js/page--src--templates--search-vue.adf1f209.js"><link rel="prefetch" href="/assets/js/page--src--templates--tag-vue.c49f3c9b.js"><link rel="prefetch" href="/assets/js/page--src--templates--team-vue.e0bf7af2.js"><link rel="prefetch" href="/assets/js/vendors~page--src--templates--search-vue.821715bf.js"><link rel="stylesheet" href="/assets/css/0.styles.73032182.css"><noscript data-vue-tag="ssr"><style>.g-image--loading{display:none;}</style></noscript>
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Why ThreeFold chose Stellar
</h1><div class="text-2xl pt-4 pb-10 text-gray-700" data-v-1e6b086c>At ThreeFold, together with a beautiful ecosystem of partners, we are co-creating a peer-to-peer Internet that empowers equality, freedom, and sustainability.</div></section><section class="post-author-list mb-10 mx-0" data-v-1e6b086c><div class="flex items-center" data-v-1e6b086c><div class="flex justify-between items-center" data-v-1e6b086c><ul class="list-none flex author-list m-0" data-v-1e6b086c><li class="author-list-item" data-v-1e6b086c><a href="/team/sam_taggart/" data-v-1e6b086c><img alt="Sam Taggart" src="data:image/svg+xml,%3csvg fill='none' viewBox='0 0 640 640' xmlns='http://www.w3.org/2000/svg' xmlns:xlink='http://www.w3.org/1999/xlink'%3e%3cdefs%3e%3cfilter id='__svg-blur-ac287014c330d75ede1ad0c7d156878a'%3e%3cfeGaussianBlur in='SourceGraphic' stdDeviation='40'/%3e%3c/filter%3e%3c/defs%3e%3cimage x='0' y='0' filter='url(%23__svg-blur-ac287014c330d75ede1ad0c7d156878a)' width='640' height='640' 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/%3e%3c/svg%3e" width="640" data-src="/assets/static/sam_taggart.36a08ae.c31cecd8fce4a07ff4acd294dc9080c0.jpg" data-srcset="/assets/static/sam_taggart.36a08ae.c31cecd8fce4a07ff4acd294dc9080c0.jpg 640w" data-sizes="(max-width: 640px) 100vw, 640px" class="h-8 w-8 sm:h-10 sm:w-10 rounded-full bg-gray-200 border-2 border-white g-image g-image--lazy g-image--loading" data-v-1e6b086c><noscript data-v-1e6b086c><img src="/assets/static/sam_taggart.36a08ae.c31cecd8fce4a07ff4acd294dc9080c0.jpg" class="h-8 w-8 sm:h-10 sm:w-10 rounded-full bg-gray-200 border-2 border-white g-image g-image--loaded" width="640" alt="Sam Taggart"></noscript></a></li></ul></div><div class="pl-3 flex flex-col text-xs leading-none uppercase" data-v-1e6b086c><p data-v-1e6b086c><span data-v-1e6b086c><a href="/team/sam_taggart/" class="hover:underline" data-v-1e6b086c>Sam Taggart</a><!----></span></p><p class="text-gray-700" data-v-1e6b086c><a href="/news/post/stellar/" aria-current="page" class="active--exact active" data-v-1e6b086c><time datetime="Wed Jun 03 2020 12:00:00 UTC+00:00" data-v-1e6b086c>03 June 2020</time></a><a href="/news/post/stellar/" aria-current="page" class="active--exact active" data-v-1e6b086c><time datetime="Wed Jun 03 2020 12:00:00 UTC+00:00" data-v-1e6b086c></time></a></p></div></div></section></div><section class="post-image mx-auto w-full" data-v-1e6b086c><img src="data:image/svg+xml,%3csvg fill='none' viewBox='0 0 1600 800' xmlns='http://www.w3.org/2000/svg' xmlns:xlink='http://www.w3.org/1999/xlink'%3e%3cdefs%3e%3cfilter id='__svg-blur-54f3981ac68880236889cff8e408ff68'%3e%3cfeGaussianBlur in='SourceGraphic' stdDeviation='40'/%3e%3c/filter%3e%3c/defs%3e%3cimage x='0' y='0' filter='url(%23__svg-blur-54f3981ac68880236889cff8e408ff68)' width='1600' height='800' 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/%3e%3c/svg%3e" width="1600" data-src="/assets/static/stellar.872e63c.77b1403ff5bdbf14903cc1993db6a262.png" data-srcset="/assets/static/stellar.bb17b12.77b1403ff5bdbf14903cc1993db6a262.png 480w, /assets/static/stellar.b28baf0.77b1403ff5bdbf14903cc1993db6a262.png 1024w, /assets/static/stellar.872e63c.77b1403ff5bdbf14903cc1993db6a262.png 1600w" data-sizes="(max-width: 1600px) 100vw, 1600px" class="g-image g-image--lazy g-image--loading" data-v-1e6b086c><noscript data-v-1e6b086c><img src="/assets/static/stellar.872e63c.77b1403ff5bdbf14903cc1993db6a262.png" class="g-image g-image--loaded" width="1600"></noscript></section><div class="py-12" data-v-1e6b086c><section class="post-content container mx-auto relative font-serif text-gray-700" data-v-1e6b086c><div class="post-content-text text-xl" data-v-1e6b086c><p>At ThreeFold, together with a beautiful ecosystem of partners, we are co-creating a peer-to-peer Internet that empowers equality, freedom, and sustainability.
<br/>
<br/>
To be honest, we were always focused on building and utilizing <a href="https://github.com/threefoldtech/rivine" target="_blank" rel="nofollow noopener noreferrer">our own transactional blockchain</a>. We wanted to make sure we did it in the right way, upholding our values-but then we realized that the solution was already out there.
<br/>
<br/>
<em>Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money-dollars, pesos, bitcoin, pretty much anything. It's designed so all the world's financial systems can work together on a single network.</em>
<br/>
<br/>
<em>Stellar has no owner; if anything it's owned by the public. The software runs across a decentralized, open network and handles millions of transactions each day. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync, but the end-user experience is more like cash-Stellar is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.</em>
<br/>
<br/>
In the spirit of collaboration, something we believe in heavily, we knew the right decision was to abandon our own transactional blockchain and to move our ThreeFold Token (TFT) to Stellar.
<br/>
<br/></p>
<h3 id="why-did-we-choose-stellar"><a href="#why-did-we-choose-stellar" aria-hidden="true"><span class="icon icon-link"></span></a>Why did we choose Stellar?</h3>
<ul>
<li>Technology-wise it's a very strong platform-energy-friendly &#x26; fast.</li>
<li>There is good liquidity on the Stellar Network; it's super easy to go from XLM to TFT.</li>
<li>By utilizing the Stellar Network, we are part of a large blockchain platform/network. There is good integration with other digital currencies.</li>
<li>Perhaps most importantly, we share like-minded values.
<br/>
<br/>
The Stellar Network is supported by the Stellar Development Foundation (SDF). From <a href="https://www.stellar.org/foundation" target="_blank" rel="nofollow noopener noreferrer">their website</a>, "SDF and Stellar seek to unlock the world's economic potential by making money more fluid, markets more open, and people more empowered."
<br/>
<br/>
The ThreeFold and Stellar Foundations have very aligned goals, particularly around empowerment of all people around the world-to create equal access to the Internet and to a global, inclusive financial system. Both solutions are built on open-source technology, both aim to unlock the world's economic potential, and most of all, both empower people in developing countries and all around the globe.
<br/>
<br/>
That is why ThreeFold is proud to be a part of the Stellar Network.</li>
</ul>
</div></section><section class="post-tags container mx-auto relative py-10" data-v-1e6b086c><a href="/news/tags/token/" class="text-xs bg-transparent hover:text-blue-700 py-2 px-4 mr-2 border hover:border-blue-500 border-gray-600 text-gray-700 rounded-full" data-v-1e6b086c>token</a><a href="/news/tags/partner/" class="text-xs bg-transparent hover:text-blue-700 py-2 px-4 mr-2 border hover:border-blue-500 border-gray-600 text-gray-700 rounded-full" data-v-1e6b086c>partner</a><a href="/news/tags/farming/" class="text-xs bg-transparent hover:text-blue-700 py-2 px-4 mr-2 border hover:border-blue-500 border-gray-600 text-gray-700 rounded-full" data-v-1e6b086c>farming</a></section></div></div><section class="post-related text-gray-700 pt-10 border-b border-b-gray-900" data-v-1e6b086c><div class="container mx-auto" data-v-1e6b086c><div class="flex flex-wrap pt-8 pb-8 mx-4 sm:-mx-4" data-v-1e6b086c><!----><div class="flex flex-post px-0 sm:px-4 pb-8 mb-8 no-border" data-v-feba5cb4 data-v-1e6b086c><a href="/news/post/waykichain_threefold/" class="post-card-image-link" data-v-feba5cb4><img alt="ThreeFold &amp; WaykiChain collaborate to decentralize cloud computing" src="/assets/static/waykichain_threefold.4250cd3.02032a6a775943a4c77cfa7cdc389fb6.png" class="post-card-image g-image" data-v-feba5cb4></a><div data-v-feba5cb4><a href="/news/post/waykichain_threefold/" data-v-feba5cb4><h2 class="post-card-title mt-3" data-v-feba5cb4>ThreeFold &amp; WaykiChain collaborate to decentralize cloud computing</h2><p class="post-card-excerpt text-gray-700" data-v-feba5cb4>Today, ThreeFold and WaykiChain are pleased to officially announce their collaborative partnership..</p><section class="flex flex-wrap post-tags container mx-auto relative py-1" data-v-feba5cb4></section></a><div class="w-full post-card-meta pt-2" data-v-feba5cb4><div class="avatars" data-v-feba5cb4><div class="flex items-center" data-v-feba5cb4><div class="flex justify-between items-center" data-v-feba5cb4><ul class="list-none flex author-list m-0" data-v-feba5cb4><li class="author-list-item" data-v-feba5cb4><a href="/team/benjelloun_oussama/" data-v-feba5cb4><img alt="Benjelloun Oussama" src="/assets/static/benjelloun_oussama.dea1acb.7c461cd132571a13a04bfef71b89c0ce.png" class="w-8 h-8 rounded-full bg-gray-200 border-2 border-white g-image" data-v-feba5cb4></a></li></ul></div><div class="flex flex-col text-xs leading-none uppercase" data-v-feba5cb4><p data-v-feba5cb4><a href="/news/post/waykichain_threefold/" data-v-feba5cb4><time data-v-feba5cb4></time></a></p><p data-v-feba5cb4><a href="/news/post/waykichain_threefold/" data-v-feba5cb4><time data-v-feba5cb4></time></a>
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