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> For instance, I said, "Jed is also on the Stellar board, too, one of only three members -- and so wields a considerable amount of influence." Then you said that "the board is composed of Jed, Keith Rabois, and me".

Sorry, mostly I was just alluding to the fact that most of the board is composed of external members.

> In any case, I'm more interested in hearing about how Stellar is or isn't like Ripple. Is it essentially the same technology with a different governance structure on top of it? If not, in what way(s) is it different?

There are technical differences (like the inflation), and they'll diverge more over time, but I think the technical differences are of secondary importance relative to the issues around coin distribution and governance. If a distributed financial network is going to succeed, I believe that it has to be run by an impartial organization.




How can you ensure that a financial network is impartial?


You can't, that's why bitcoin is build by trust on an algorithm, not on humans.


> If a distributed financial network is going to succeed, I believe that it has to be run by an impartial organization.


Why should there inflation be built-in at all? Or prohibited at all?




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