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body | "Congratulations @rogerproffitt! You received a personal award!
<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@rogerproffitt/birthday1.png</td><td>1 Year on Steemit</td></tr></table>
<sub>_[Click here to view your Board](https://steemitboard.com/@rogerproffitt)_</sub>
> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!" |
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parent_permlink | stellar |
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author | goodtexture |
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permlink | part-2-stellar-the-sleeping-giant |
---|
title | "Part 2: Stellar, The Sleeping Giant" |
---|
body | "# Stellar, The Dead Network
In the [previous article](https://steemit.com/xrp/@goodtexture/part-1-xrp-vs-xlm-as-the-phoenix-d65b3f845907d) it was shown Stellar is an anomaly among high-marketcap coins: that the network moves less than $100,000 USD daily.
[Messari.io](messari.io/onchainfx) reports Stellar processed 1024 transactions today Jan 3rd, 2019:

On [Blocktivity.info](https://www.blocktivity.info/), Stellar transaction volume is so low that it doesn't make the top 20:

[Coinmetrics.io](coinmetrics.io/charts) reports 683 transactions on the Stellar network for Dec 23rd, 2018, compared to over 3 million on the Tron network:

Based on the statistics presented as they are, Stellar appears to be one of *the* the most overpriced coins in history as it is being reported to have no network volume.
# A Look at the Tron Blockchain
Justin Sun is proud of Tron's high transaction throughput:

[Link to Tweet](https://twitter.com/justinsuntron/status/1058898063106797569)
Tron Now sees millions of transactions per day.
Peering into the Tron blockchain using [TronScan.org](tronscan.org), a random block is chosen for investigative purposes to see what these millions of transactions really are: almost all are gaming oriented smart contract executions. Below is a random block chosen #5474796:

[Link to Block](https://tronscan.org/#/block/5474796)
The block is full of smart contract operations:

Tron's high transaction volume is explained by high levels of smart contract usage, its blocks being almost totally composed of TRIGGERSMARTCONTRACT operations, so it may be concluded that the statistics aggregation sites are using the terms *smart contract operations* and *transactions* interchangeably with Tron.
In doing so, it would be expected that the statistical sites would be consistent and also interchange smart contract operations and transactions with Stellar too, right?
# Stellar Smart Contracts
In a partnership with Stellar, IBM has launched a [program](https://www.coindesk.com/ibms-stellar-move-tech-giant-use-lumen-cryptocurrency-payments-rail) conducting cross-border transactions in the South Pacific region. How could this pilot be ongoing with little to no transactions as reported by the statistical aggregators?
The [Hong Kong Dollar](https://galactictalk.org/d/465-launching-of-the-first-cryptomover-product-hkdc) is the 2nd-most traded currency on the Stellar Ledger, surpassed only by Lumens.

[Link to Chart](https://stellar.expert/explorer/public/asset)
The trades are conducted via smart contract operations, just as the Tron network conducts dice rolls via smart contract operations. The difference being: Stellar's smart contract operations aren't being aggregated or reported by the top sites.
In the following example is a Manage Offer smart contract operation being executed with a Sell parameter thereby trading Lumens and Hong Kong Dollars. If Tron smart contract operations are counted as transactions, why not Stellar's?

# Transaction & Operations/Payments Statistics: XLM VS XRP
Stellar Transactions
Date | Ledger | Transactions | Operations/Payments
------------ | ------------ | ------------- | -------------
Dec 24th, 2018 | Stellar | 180804 | 967183
Dec 24th, 2018 | XRP | 777692 | 31371
Stellar Transaction & Payment Statistics:

[Link to Stellar Chart](https://stellscan.pro/)
XRP Transaction Statistics:

[Link to XRP Chart](https://xrpcharts.ripple.com/#/metrics)
XRP Payment Statistics:

[Link to XRP Chart](https://xrpcharts.ripple.com/#/metrics)
The interchangeability between Transactions, Smart contract operations, and Payments nomenclature among the various ledgers and networks is widespread, so the key point to take home from this article is: Stellar is doing much more on their ledger than is being advertised.
January 3rd, 2019 prices:
XLM $0.11
XRP $0.35" |
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json | ["reblog",{"account":"naytanpaul","author":"wilx","permlink":"jan-2nd-daily-prayer-request-thread-have-need-of-any-kind-the-miraculous-is-the-normal-for-those-who-ask"}] |
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ref_block_prefix | 2,347,013,085 |
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expiration | 2019-01-03 06:35:12 |
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operations | 0. | 0. | transfer |
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1. | from | musheer |
---|
to | prosperist |
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memo | musheer/re-musheer-buffer-time-testing-20181223t051359583z |
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expiration | 2019-01-03 06:25:42 |
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operations | 0. | 0. | claim_account |
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1. | creator | utopian-io |
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fee | 0.000 HIVE |
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expiration | 2019-01-03 06:35:15 |
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operations | 0. | 0. | vote |
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1. | voter | fuk-si |
---|
author | ervin-lemark |
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permlink | actifit-ervin-lemark-20181229t222257191z |
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ref_block_prefix | 1,691,451,345 |
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expiration | 2019-01-03 06:35:15 |
---|
operations | 0. | 0. | transfer |
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1. | from | magicdice |
---|
to | aewind |
---|
amount | 0.001 HIVE |
---|
memo | "You lost. Dice Roll: 68. Your prediction: under 16. Multiplier: 6.53. WinChance: 15%. {"betId":"5c2daaccabb73f55de4e4249","diceRoll":68,"refTransactionId":"4642f988d71df948d4d8f6129ecc93f5cdc756bc","refBlockNumber":29124413,"serverSeedHash":"3625bc2951e3ba9e7bb3272e2250da6349a9033c24eae8b86aecd481fd631bfb","isValid":true}" |
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16. | ref_block_num | 26,413 |
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ref_block_prefix | 1,691,451,345 |
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expiration | 2019-01-03 06:35:15 |
---|
operations | 0. | 0. | transfer |
---|
1. | from | magicdice |
---|
to | ipromote |
---|
amount | 1.114 HIVE |
---|
memo | "You have won 1.114 STEEM. Dice Roll: 19. Your prediction: under 45. Multiplier: 2.23. WinChance: 44%. {"betId":"5c2daaccabb73f55de4e4248","diceRoll":19,"refTransactionId":"357360fb0c6fa66ea3f9ed1b9e3746556b9bfb2e","refBlockNumber":29124413,"serverSeedHash":"3625bc2951e3ba9e7bb3272e2250da6349a9033c24eae8b86aecd481fd631bfb","isValid":true}" |
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