#STELLAR KEYBASE REGISTRATION#
#STELLAR KEYBASE FREE#

Keybase allows users to send XLM or USD to anyone, even to people who do not have a Keybase account. The blog post further suggested that Keybase has come with the “cleverest set of tools” for Stellar users. While Stellar is focused on moving money across borders in a quick and simple way, Keybase is mainly known for being a cryptographically encrypted security app used in file sharing. The partnership will enable Stellar fund projects initiated by Keybase. Keybase is an encrypted messaging platform considered to be an alternative to WhatsApp and Telegram. Keybase is a secure file sharing and messaging platform that utilizes end-to-end encryption to ensure that messages, photos, videos, and documents stay. Stellar, through the Stellar Partnership Program, has announced a partnership with Keybase. Further, users who are new to the messaging platform must have connected their Keybase account to a Github or HackerNews account, before the announcement. However, the Foundation stressed that only users with a prior Keybase account would be eligible for the airdrop. XLM would be given away from the 15th of every month, starting from October. The rest will be distributed over a period of 20 months and every batch would consist of 100 million XLM. The Foundation will start by airdropping 100 million XLM, worth over $6.1 million, to the 300,000-strong userbase of Keybase.

The network’s official blog post expanded on the initiative and stated that users of Keybase would receive 2 billion Stellar Lumens tokens worth over $120 million. Today we’re excited to announce we’ve partnered with for our largest distribution ever! The network shared news of the collaboration via Twitter, adding that the airdrop would be considered the “largest distribution ever” for the network. The airdrop in question will be the largest ever in Stellar’s history.

#STELLAR KEYBASE REGISTRATION#

According to the Keybase website, registration for the airdrop is now closed and it’ll all be over inside a week.Stellar Development Foundation, the non-profit foundation supporting the Stellar network, has announced a partnership with messaging platform Keybase, along with a massive airdrop of $120 million. Individuals would also be able to block other Keybase users with a simple click or invoke what the company called the “nuclear option,” which allowed customers to set their own rules regarding who their followers could be.īut it wasn’t enough. Keybase said it planned to implement changes to its platform so that users could immediately report spam or abuse from Keybase’s chat interface. “Keybase still works great, but we should act quickly.” “To be clear, the current spam volume isn’t dire YET,” the company wrote in a blog post. Keybase, at the time, said it would do all it could to solve the problem while keeping the Stellar airdrop alive, and without censoring its platform. The amount of spam that flooded Keybase over the last week clogged its network with “unwanted alerts, messages and other unpleasantry,” according to a report from Ars Technica, and it led to nearly constant complaints from legitimate users of the encrypted messaging service. “It's not in the Stellar network's interest to reward those people it is also not in Keybase's interest to have them as Keybase users.” “Starting in the last week or so, crappy fake accounts were beginning to come in, far beyond the capacity of Keybase or SDF to filter,” the messaging company said in a blog post. The final 100 million XLM tokens will be distributed during the week of December 15, bringing the final airdrop total to 300 million tokens-a far cry from the 2 billion first projected.

#STELLAR KEYBASE FREE#

Based on the price of XLM at the time, that would have amounted to upwards of $120 million in free crypto.īad actors have evidently spoiled the fun, and a swarm of “garbage” accounts over the last few weeks have caused Keybase to end the giveaway after less than 90 days into it. The event was first announced last September, when the Stellar Foundation said it planned to unload roughly 2 billion XLM tokens on users of the messaging service over the next 20 months. Spammers have forced encrypted messaging and chat service Keybase to end its Stellar Lumens (XLM) airdrop several months early.

Stellar keybase