Hello everyone,

We would like to announce our entry for the 6th Stellar Build
Challenge with our remittance platform Stellar Fox.
We are currently a couple of software engineers working every day to realize
our mission. We want to build a complete seemless working solution for moving
money like email. Current project is on testnet and we have several items in our
backlog that will need to be addressed before we release a tag for livenet
deployment. Everything we code (so far) is open source and we plan on keeping
it that way. The following points represent our core values when it comes to
this project:

  • security

    • do everything we can to prevent user from compromising their private key
    • come up with a solution to equip each user with Ledger-like device or
      enable accounts with an upper limit for small remittances with our Ledger
      compatible, BIP-39 based mnemonic generator + PIN for transaction signing without
      the hardware device. We are still debating pros and cons on this.

  • familiarity and ease of use

    • make the platform in a way that the underlying technology is completely transparent to the user
    • present traditional banking/remittance experience to the typical user

  • flawles beautiful software

    • feature-rich platform that makes users comfortable with usage
    • try to make the experience of sending money (probably for the first time
      in the history of the World), actually fun!

As you can read in our roadmap we plan on adding
anchors for accepting deposits in Euro, Polish Złoty, Australian Dollar and Thai Baht as
our first channels for remittances.

Current Status

Not evrything you see on the UI is fully functional yet. To make payments please
ask Friendbot for some Lumens. We will accept deposits in Fiat currencies
and credit users with our tokens based on the currency they choose. For the demo
purposes we use Lumens as transfer of value.

For those of you who own Ledger Nano S, please take a look and play with the
current version. It allows you to register/use any BIP-32 path so you can
experiment with something down the hierarchical line.

We realize that this will exclude a lot of users at the moment, since Ledger
Nano S is the only option to use the platform but we are also working on a
solution for people who do not own/cannot afford Ledger devices.

As of right now you only have the option of using Chrome for this demo
as we have not gotten to fixing FireFox U2F with Ledger.

Please, stay tuned for upcoming documentation and tutorial videos that will be added
hopefully next week. You can also follow latest news on Twitter.

Links

7 days later

Hello again,
Does anyone have any thoughts? Perhaps checked what we have so far? Feedback of any kind is greatly appreciated. Thank you!

Looks cool. I got an error when I wanted to register though (404?). Some typos when I click Get Started. I like the security first philosophy.

    7 days later

    dupe I think we're still having issues with caching. Would you mind trying Ctrl+Shirt+R to force reload (possibly cached) older version? We're deploying almost daily so things are still very dynamic. Were you trying to register from within authenticated state or on welcome page via "Get Started"?

      Hi all,

      Because we put a strong emphasis on security, we don't ever want to deal with
      your master private keys or 24-words mnemonic - they are only yours and should
      stay that way.

      We want to add support for broad range of devices, but currenly
      we're supporting only Ledger Nano S, which can be a limiting factor for people
      wanting to try out our platform and not having or being able to afford one.

      Having this in mind, we've added an introductory clips showing how our platform works:
      - Opening Your Own Bank: https://youtu.be/ScPSsJDN4fk
      - Transferring Money at the Speed of Light: https://youtu.be/K7x7HIlsAPU

      Your feedback is appreciated :-)

      best,
      syntaxval and xcmats

      6 days later
      a year later