THELOGICALINDIAN - Another footfall to decentralizing XLM
Keybase users are in for a appropriate treat, address of the Stellar Development Foundation (SDF). The end-to-end encrypted babble belvedere is hosting a massive airdrop of Arch Lumens (XLM) tokens for all users of the app.
Active Keybase users will accept an airdrop of 100 actor Lumens today, admired at $6 actor USD. This works out to about $19.75 account of the Stellar cryptocurrency per user, with “no strings attached.”
The SDF affairs to abide distributing tokens, with a absolute of two billion XLM ($126M) to be broadcast to Keybase users. For anniversary of the abutting twenty months, the Foundation will accelerate out a new accumulation of 100M Lumens.
The drops will be disconnected analogously amid all Keybase users on the 15th of anniversary month, alpha on October 15, 2019. For capacity on all conditions, analysis out the Keybase airdrop announcement.
In adjustment to qualify, users charge accommodated a few conditions. Already-existing accurate Keybase accounts are all set — they’re automatically able for the abruptness drop. To anticipate bot signups from snapping up Lumens, new users charge affix their new Keybase accounts to absolute GitHub or HackerNews accounts.
What is Keybase?
Keybase offers end-to-end encrypted babble as “a free, defended another to Slack, WhatsApp, Telegram, and added babble apps.” The belvedere is “powered by accessible key technology,” acceptance it to “understand cryptocurrencies.”
Users can accelerate XLM and USD currencies anon to accompany and alike abode “inline bets amid friends.” In fact, Keybase users can alike accelerate chats and XLM to any buzz number, alike to numbers that do not accept Keybase accounts.
With the contempo integration of the Stellar protocol into the chatting platform, developers accept created a cardinal of absorbing accoutrement and “plan abounding added Stellar-forward appearance in the abreast future.”
A bot-making framework enables a ambit of accessible applications to run on the belvedere in aggregate with Stellar. One such bot is an absorbing archetype of “micropayments in action:” after accepting a “tiny bit of XLM,” @smsbot replies with a “throwaway buzz cardinal you can use to accept SMS letters for a abbreviate aeon of time.”
As of now, Keybase has over 300,000 users. By encrypting user abstracts on the platform, they achievement to save users from aegis compromises like those accomplished by Slack in 2015, which continues to account headaches for some users to this day.
Stellar’s Airdrop Strategy
The latest airdrop appears to be allotment of a long-running attack to administer the XLM tokens, which are currently centralized in SDF wallets. The Foundation has ahead fabricated above airdrops to users of Coinbase, as able-bodied as to users of the Blockchain.com wallet.
The SDF aggregation explained their accommodation to assignment carefully with Keybase: “We aboriginal started alive with Keybase because they accept a abundant team, and they abutment our ethics of privacy, security, and ability from accumulated behemoths. They’ve acquired into one of our arch ecosystem participants.”
