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Stellar Federation Address | Federated Finance (developers.stellar.org)

submitted 1 year ago by ori@lemmy.sdf.org to c/fediverse@lemmy.world

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What do people think about incorporating a Stellar address that is unique to your federated account with your chosen insurance.

This would allow for people to send/receive stable coins such as circles USDC. I feel the stellar network would complement Lemmy or Mastodon quite well.

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[-] nitrolife@rekabu.ru 4 points 1 year ago

Or none at all and Lemmy could just allow for exporting your private key to use elsewhere.

That mean that user AND server administrator will control user wallet. You think that a great idea when anyone, anywhere can create instance? I think this will lead to centralization.

Cryptocurrency, like any financial transactions, requires serious security. Much more serious than the servers deployed for posting memes can provide. There is no need to combine incompatible things.