Stellar Lumens (XLM) News, Price Predictions, Opinions and Analyses Created by Users

Stellar Lumens (XLM)

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Stellar Lumens (XLM) is a cryptocurrency made by Jed McCaleb and the Stellar Foundation in 2014. Stellar is often described as an open-source, distributed and community owned network used to facilitate cross-asset transfer. Its goal is to create universal access and participation in the global economy. The Stellar exchange has created functions that allow users to transfer crypto into fiat and vice-versa through the help of stablecoins

The inception of Stellar comes after McCaleb left Ripple, a company he founded, due to disagreements in the direction the network should head toward. After leaving Ripple, McCaleb went on to create the Stellar Foundation, which in turn created the Stellar network. 

XLM is the token behind the Stellar network and is often referred to as Lumens. It is often said that Ripple is a fork of Stellar but this is not entirely true Although Stellar may have started its groundwork from the Ripple code, the two codebases are now completely different. For example, Stellar uses a completely different consensus mechanism to Ripple. The key difference between the two is that Stellar is targeted towards helping individuals whereas Ripple intends to help banks. 

XLM operates on the Stellar Consensus Protocol which is basically a network of peers that are capable of running the Stellar Consensus Protocol independently. This method of operation, although not as decentralized as traditional Proof-Of-Work protocols, allows for a high degree of efficiency as it allows transactions to occur through a consensus process among accounts in a quorum slice (meaning only a slice of the network needs consensus for the transaction to occur).

In this tag you can discover Stellar Lumens (XLM) news, price prediction, opinion and analysis created by users.


Earn over $152 in crypto in Coinbase

8 hours ago 1 minute read 5 comments aflyn

Where you already have an account with coinbase or not, coinbase has rolled out an attractive program where you learn about how certain cryptocurrencies work. You are invited to learn about specific Cryptocurrencies and earn along the way. HOW DOES T...

12 The forecast is correct! Here is the New Estimate of Strong Altcoin and the Market.

23 May 2020 1 minute read 0 comments Shredderx

The popular altcoin, known as Stellar, has performed relatively poorly over the past few years. However, according to popular analyst Tony Spilotro, altcoin, which exploded at times during 2020, shows signs of a strong recovery. Now, the asset record...

The Central Bank of Ukraine announced that it uses the Stellar protocol for CBDC.

23 May 2020 1 minute read 0 comments Shredderx

The Central Bank of Ukraine announced in an analytical report that the central bank uses the Star Lumens protocol in the pilot project for the digital currency (E-Grivna). A report developed by the Central Bank of Ukraine is a central bank digital cu...

TOP 5 CRYPTO ANALYSIS

23 May 2020 2 minute read 0 comments drmudpro

There are more than 1000 crypto coins on the market, but only a few will make it in the top contenders. Certain factors will determine the power of a cryptocurrency for it to be on the lead. We are going to take a look at the current top 5:   1. Bitc...

Which Coins do People Prefer to Buy Now

22 May 2020 1 minute read 1 comment drmudpro

Bitcoin benefited the early adopters when bitcoin was introduced its cost was $0.02 and if you would have spent $10,000 and get 500,000bitcoins right now u will be worth $4.5B. Now it is expensive to get a full bitcoin so people can now only get smal...

What led Bitcoin to Its Fall In 2017?

21 May 2020 1 minute read 3 comments drmudpro

On 29 Oct 2017 BTC broke the resistance at $8000 level and then it started to soar almost everyday without doing big retracements and it went on til it reached its highest peak on 16 Dec which was $19,600 and was the highest of all time. On 19 Dec 20...

Stellar and a good way to get started.

20 May 2020 1 minute read 2 comments Panzer

Stellar network is an open-source network for currencies and payments, launched in 2015. It use a token called XLM or Lumens. The software runs across a decentralized, open network. Just like Bitcoin, Stellar relies on blockchain to keep the network...

UK Stocks on FTSE100 Falling as Sufficient information on Covid-19 was not provided.

20 May 2020 1 minute read 0 comments drmudpro

As the Dow Jones soared 1000 points on the opening on 18/05 as there was so much hope on the covid-19 vaccines, but on 19/05 on the closing of US session it fell 400 points almost half of its previous opening but when the markets opened on 20/05 it j...

Bitcoin and Tech Industry Slowly Recovering against US Index

20 May 2020 1 minute read 0 comments drmudpro

After this universe was struck by a deadly virus which originated from china Covid-19, almost all industries including the crypto markets suffered a huge blow. Around 23 Feb 2020 the cypto market witnessed the disastrous fall with Ethereum fell from...

Cryptocurrency Updates - 18/05/2020

18 May 2020 1 minute read 0 comments Gamer boy1110

1. Stellar Tokens Made Easier From Today - Stellarmint.io launched from today. You can create token on stellar network in easy way, After you define the attributes of your token and we’ll issue that token directly to your stellar  https://stellarmin...