user3290: I was able to mine Ripple for a time using boinc, will Stellar offer something like this? are there other ways to mine Stellar?

user69721: "All these Stellar Cores—the network of nodes—eventually agree on sets of transactions. Each transaction on the network costs a small fee: 100 stroops (0.00001 XLM). This fee helps prevent bad actors from spamming the network."

https://www.stellar.org/developers/guides/get-started/index.html

They collect transaction fee's and offer their core to download.. Sounds like mining fees to me. However they never mention "mining"
So to mine install the "core" software I guess. Trading for XLM or being gifted XLM is not the same.

user25073: The Stellar network does not have a mining-based currency. At the network's genesis, 100 billion stellars were created. The only other stellar creation mechanism is inflation. To account for both economic growth and lost stellars, there is a fixed 1% annual rate of new stellar creation. These new stellars will be generated on a weekly basis and distributed via a direct voting method.
Mining in the Bitcoin network:
1) creates the currency
2)distribute the currency
3) verifies transactions across a distributed, decentralized system.
Stellar achieves the first by generating the stellars at genesis. Distribution of stellars is regulated by the Stellar Development Foundation, the nonprofit that supports the protocol. 95% of all the stellars are set to be distributed to as many people worldwide as possible through a series of giveaways specified in their mandate. Stellar achieves the third—decentralized agreement—with the Ripple Consensus Algorithm.
In future, Stellar plans to switch to a new consensus algorithm called Stellar Consensus Protocol (SCP). The technical details of SCP are detailed in a white paper by Stanford Professor David Mazieres.
One can acquire stellars by trading on an exchange, trading within the Stellar network, being a recipient of inflation voting, and/or through the Foundation's giveaway programs.

3290: <p>I was able to mine Ripple for a time using boinc, will Stellar offer something like this? are there other ways to mine Stellar?</p>
 69721: <p>"All these Stellar Cores—the network of nodes—eventually agree on sets of transactions. Each transaction on the network costs a small fee: 100 stroops (0.00001 XLM). This fee helps prevent bad actors from spamming the network."</p>

<ul>
<li><a href="https://www.stellar.org/developers/guides/get-started/index.html" rel="nofollow noreferrer">https://www.stellar.org/developers/guides/get-started/index.html</a></li>
</ul>

<p>They collect transaction fee's and offer their core to download.. Sounds like mining fees to me. However they never mention "mining"</p>

<p>So to mine install the "core" software I guess. Trading for XLM or being gifted XLM is not the same.</p>
 25073: <p>The Stellar network does not have a mining-based currency. At the network's genesis, <a href="https://www.stellar.org/about/mandate/#Stellar_distribution" rel="noreferrer">100 billion stellars</a> were created. The only other stellar creation mechanism is <a href="https://www.stellar.org/about/mandate/#Stellar_creation" rel="noreferrer">inflation</a>. To account for both economic growth and lost stellars, there is a fixed 1% annual rate of new stellar creation. These new stellars will be generated on a weekly basis and distributed via a direct voting method.</p>

<p><a href="https://bitcoin.org/en/how-it-works" rel="noreferrer">Mining</a> in the Bitcoin network:
1) creates the currency
2)distribute the currency
3) verifies transactions across a distributed, decentralized system.</p>

<p>Stellar achieves the first by generating the stellars at genesis. Distribution of stellars is regulated by the Stellar Development Foundation, the nonprofit that supports the protocol. 95% of all the stellars are set to be distributed to as many people worldwide as possible through a series of giveaways specified in their mandate. Stellar achieves the third—decentralized agreement—with the <a href="https://ripple.com/files/ripple_consensus_whitepaper.pdf" rel="noreferrer">Ripple Consensus Algorithm</a>.
In future, Stellar plans to switch to a new consensus algorithm called <a href="http://www.wired.com/2015/04/stanford-prof-builds-algorithm-internet-money/" rel="noreferrer">Stellar Consensus Protocol</a> (SCP). The technical details of SCP are detailed in a <a href="https://www.stellar.org/papers/stellar-consensus-protocol.pdf" rel="noreferrer">white paper</a> by Stanford Professor David Mazieres.</p>

<p>One can acquire stellars by trading on an exchange, trading within the Stellar network, being a recipient of inflation voting, and/or through the Foundation's giveaway programs.</p>
