How to Hire Stellar Developer?
Published: 2023-01-02 09:15:07

Stellar is a protocol that allows digital currencies to be transferred to fiat currency. It is decentralized, allows cross-currency trade, and permits fast, reliable transfers at no cost. Stellar Development Foundation manages the open-source platform. Stellar's primary goal is to build a network that can handle all transactions for all financial institutions worldwide. Stellar can deal with all types of money, including digital currency like Bitcoin.

Stellar is an excellent place to invest in blockchain development. Stellar has the knowledge and experience in blockchain technology that you will be able to succeed in this highly competitive market.

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## What is Stellar?

Stellar is a decentralized, open-source blockchain platform that enables fast, low-cost financial transactions between people and institutions. It was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple, and is supported by a nonprofit organization, the Stellar Development Foundation. Stellar is designed to facilitate cross-border transactions, particularly in developing countries with limited access to traditional financial systems. It uses a distributed ledger technology (DLT) called the Stellar Consensus Protocol (SCP) to achieve consensus among network participants, which allows for fast and reliable transactions.

One of the key features of Stellar is its use of a native digital currency called lumens (XLM). Lumens are used to facilitate transactions on the Stellar network and can be bought and sold on cryptocurrency exchanges.

Stellar is used in a variety of applications, including international money transfers, micropayments, and mobile banking. It has partnerships with organizations such as Deloitte, IBM, and Tempo and is used in projects such as IBM World Wire, a global payment network that uses Stellar to facilitate cross-border transactions.

## Why should we do development on the Stellar blockchain?

There are several reasons why you might consider doing development on the [Stellar blockchain](https://www.leewayhertz.com/stellar-blockchain/):

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Fast and low-cost transactions: One of the key benefits of Stellar is its ability to facilitate fast and low-cost transactions. It uses a distributed ledger technology called the Stellar Consensus Protocol (SCP) to achieve consensus among network participants, which allows for quick and reliable transactions.
    

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Cross-border capabilities: Stellar is designed to facilitate cross-border transactions, particularly in developing countries with limited access to traditional financial systems. It allows users to send and receive payments in different currencies, including fiat currencies and digital assets.
   

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 Open-source platform: Stellar is an open-source platform, which means that developers can access and contribute to the codebase. This can make it easier for developers to build on top of the platform and create new applications.
   

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 Strong developer community: Stellar has a strong and active developer community, with a wealth of resources and support available for developers. This can make it easier for developers to get started with the platform and get help when needed.
   

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 Wide range of use cases: Stellar has a wide range of potential use cases, including international money transfers, micropayments, and mobile banking. This makes it a versatile platform that can be used in a variety of different industries and applications.

Overall, development on the Stellar blockchain can be a good choice for those looking to build fast, low-cost financial applications with a focus on cross-border capabilities. It's important to carefully consider your specific needs and goals when deciding whether Stellar is the right platform for your project.

## How to hire a Stellar developer?

When hiring a [Stellar blockchain developer](https://www.leewayhertz.com/hire-stellar-developers/), there are several key skills and qualifications to look for:

    

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Strong understanding of blockchain technology: A Stellar developer should deeply understand how blockchain technology works and be familiar with key concepts such as distributed ledger technology, consensus algorithms, and smart contracts.
    

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Experience with Stellar: It's important to look for developers who have experience working with the Stellar platform specifically, as it has its own unique features and protocols. Look for developers who have built projects or applications on Stellar or who have contributed to the Stellar open-source community.
    

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Strong coding skills: A Stellar developer should have strong coding skills, particularly in languages such as Java, JavaScript, or Go, which are commonly used for blockchain development.
    

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Experience with other blockchain platforms: While experience with Stellar is important, it can also be beneficial to look for developers who have experience working with other blockchain platforms, as this can indicate a broader understanding of blockchain technology and a willingness to learn new platforms.
    

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Problem-solving skills: Blockchain development can involve solving complex technical problems, so it's important to look for developers with strong problem-solving skills who can approach challenges creatively and with persistence.
    

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Strong communication skills: As with any developer role, strong communication skills are important, as you will likely be working with a team and will need to be able to articulate your ideas and thoughts clearly.

It's also worth considering whether the candidate is a good fit for your team and company culture. Look for developers who are team players and who can work well in a collaborative environment.

## Conclusion
[
Stellar blockchain](https://www.leewayhertz.com/stellar-blockchain/) explorers will give you live insight into newly mined blocks on the Stellar blockchain and a live stream of all blocks added to the blockchain. It also provides detailed statistics, pricing history and insightful reports on all assets and market cap on Stellar, which aid in decision-making. Stellar Lumens, or XLM, is the Stellar cryptocurrency that facilitates cross-border payments. To access professional blockchain development services and create smart contracts for point-to-point blockchain applications, [hire Stellar developers](https://www.leewayhertz.com/hire-stellar-developers/) and accelerate your fintech software development.