Control profile
- Transaction ordering
- Federated Byzantine Agreement — quorum slices, not stake-weighted
- Escape hatch
- n/a — L1
- Upgrade authority
- Protocol upgrades via validator consensus.
- Liveness record
- Long-running network. Not researched to our standard.
Ketju assessment
Not yet researched. Blocks blend-pools-v2. Stellar uses Federated Byzantine Agreement rather than stake-weighted consensus, so the Nakamoto-coefficient frame we use elsewhere does not transfer and a different analysis is required. Also note Stellar assets commonly carry issuer-level freeze and clawback flags at the protocol level, which is directly material to the sovereignty question.
Observable review triggers
- n/a — pending review
These triggers make the judgment monitorable. They are not predictions; each identifies a fact that would revoke or force review of the current assessment.
Advisor implementation questions
- Does the client’s thesis require censorship resistance, or primarily low-cost settlement?
- Can the client exit without cooperation from the normal transaction-ordering party?
- Who can upgrade bridges or contracts, and what delay applies?
- Does the asset introduce an issuer weaker than the chain grade?
- What evidence will show a halt, censorship event, or governance change?