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.


Return of the King: Gold backed Distributed Representative Money in Crypto and Paper+Coin Form

19 Apr 2025 2 minute read 5 comments Thunderboltkid

For all the gory details on how 'DRM' Distributed Representative Money MIGHT WORK go here Are you ready for the return to the Gold Standard? Up here in Canada we aren't. We have none. In the USA there are big gold questions too, still unanswered of w...

Understanding PoW, PoS, PoA, and Why Stellar XLM and Stronghold SHx Shine in the Crypto World

17 Apr 2025 5 minute read 0 comments CryptoGemGR

Cryptocurrencies like Bitcoin and Ethereum rely on special systems to keep their networks secure and process transactions. These systems are called consensus mechanisms, and they decide how computers on the network agree on what’s valid. The three ma...

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10 Apr 2025 2 minute read 1 comment Myxoplixx

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How to Earn Stellar (XLM): Your Friendly Guide to Maximizing Returns in 2025

20 Mar 2025 7 minute read 0 comments Criffy

Stellar, denoted by the symbol XLM, is a well-known cryptocurrency designed to facilitate low-cost, fast, and secure cross-border transactions. Launched in 2014 by Jed McCaleb (co-founder of Ripple) and Joyce Kim, the Stellar network was built with t...

Our Vision for DOPE Credits

27 Jan 2025 1 minute read 0 comments Dope-credits

At DOPE Credits, we’re building more than just a token; we’re creating a self-sustaining ecosystem that prioritizes longevity and consistent growth. In a space where the majority of projects fade into obscurity, our vision stands apart: to establish...

DOPE Credits Presale & Staking is now live on Stellar!

20 Jan 2025 2 minute read 0 comments Dope-credits

DOPE Presale Details: Everything You Need to Know Presale Timeline Start Date: January 20, 2025 End Date: January 31, 2025 The presale will run for a limited time, so make sure you don’t miss out on this opportunity to secure your DOPE tokens earl...

DOPE Credits Whitepaper

16 Jan 2025 1 minute read 0 comments Dope-credits

Version 1.0 | January 2025 Abstract DOPE Credits is a decentralized staking token built on the Stellar Network, designed to provide seamless passive income opportunities through an efficient staking mechanism. With its low transaction costs, instan...

DOPE Credits: Milestones to Achieve in 2025

12 Jan 2025 1 minute read 0 comments Dope-credits

2025 is poised to be a transformative year for DOPE Credits. With a clear roadmap and ambitious goals, we are set to solidify our position in the crypto space while delivering unmatched value to our community. Here’s a detailed look at the milestones...

How Does DOPE Staking Work? Locking and Rewards Explained

10 Jan 2025 1 minute read 0 comments Dope-credits

DOPE Credits brings an innovative staking mechanism to the Stellar blockchain, allowing users to earn passive income effortlessly. Whether you're new to staking or an experienced crypto enthusiast, DOPE staking offers a simple and rewarding way to ma...

Stellar price breaks out as pattern points to a big XLM jump

7 Jan 2025 1 minute read 0 comments BlondGirlForever

Stellar price breaks out as pattern points to a big XLM jump Stellar Lumens Continues Upward TrajectoryStellar Lumens (XLM) extended its rally on Monday, driven by Bitcoin's breach of the $101,000 resistance level and the crypto fear and greed index...