>Facebook

Ha ha ha. No.

The rest of it looks interesting, however.

My account password recovery "token" was sent via email. I thought that was a no-no wrt security.

Edit: This was the text below the token:

Keep this code SAFE. Anyone with this code and your username can gain access to your account. If you lose both your password and your recovery code, you will lose access to your funds so be safe!

This is extremely cool; I started putting together some of the same pieces after Stripe's blog post last week (https://stripe.com/blog/bitcoin-the-stripe-perspective) and figured it was only a matter of time before something was launched. I'm glad it's open source and not for profit.

I do have a few concerns, though. Some of them require a bit more digestion so I won't comment on those here, but one that I'm sure about: WTF is the reference client written in browser JS?? It doesn't make any sense, for all the same reasons as the last time someone dragged out that dead horse.

Disappointed that I have to sign in with facebook to receive stellars.

It seems that this is the "secret bitcoin project" that Jed McCaleb (formerly of Ripple) has been working on. Very interesting.

The sign-in process creates an unfunded wallet. Facebook login is required to receive 5k free Stellars (5k is 5 x 10^-8 of the available supply).

Cool idea. The idea of a distributed exchange is interesting.

>Your Facebook account is too new to qualify. Stay tuned for new ways to grab stellars.

I've had my facebook account for something like 8 years. Oh well.

See the announcement from Stripe: https://stripe.com/blog/stellar and the HN thread for the Stripe announcement: https://news.ycombinator.com/item?id=8114901. Stripe invested in Stellar and the CEO of Stripe is on their board.

Interesting project, I only wish I'd understand the mechanics behind it (apart from what the site tells me). Hopefully there will be layman's video explanation about it.

On another notice, this is one of the situations where it makes a lot of sense to register a simple username just in case, so I don't regret it later where the only available are longer ones :)

Where do they explain the concept of what a stellar is used for? I assume you would convert other currencies to stellars but I cannot find that detailed

"A decentralized protocol for sending and receiving money": How is this news, exactly?

can anyone briefly explain the difference between this and something like ripple?