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.


Stellar CannaCoin, a community-driven coin for the global cannabis industry

15 Oct 2022 5 minute read 0 comments CrossPuffs

You pull up to a drive-through dispensary, phone in hand. A few taps later, your crypto transaction is complete. Seeing your generous tip, the budtender smiles and hands you a bag of fresh Tangie. You crack open the bag, sending a swirling aroma of...

TheCryptoComparisonSeries : part five: Stellar(XLM) against the $, BTC, ETH and AMPL.

9 Oct 2022 1 minute read 2 comments excelencia

Excelencia started this series after noticing that there can be a lot of difference between the position of a token against  $, BTC and ETH.    Noticing for the first time this difference in AMPl, Excelencia got curious to see these different positio...

Looking for a cryptocurrency that supports the cannabis industry? Look no further than Stellar CannaCoin! Here are 5 reasons why Stellar CannaCoin is the perfect crypto coin for cannabis lovers:

6 Oct 2022 1 minute read 0 comments Satan420

1. CannaCoin is the first cryptocurrency to be specifically designed for the cannabis industry.   2. CannaCoin has a strong community of supporters who are passionate about both cannabis and crypto.   3. The CannaCoin team is constantly working on in...

No One Is Noticing How Stellar Lumens Is Getting Closer To Huge Breakout | XLM Price Prediction 2022

3 Oct 2022 1 minute read 0 comments moon333

Hi friends hope you are well and welcome to the new update on XLM .Big down channel:On a weekly time frame, from Feb 2018 to April 2020 Stellar formed a very long-term down the channel. Huge BAT move:During the formation of the aforementioned down...

WEEKLY PRICE DIGEST: BTC, XRP, XLM, CRO & ALGO

24 Sep 2022 1 minute read 0 comments SimpleLearn

This week we remember for another meeting on the Fed rate and its rise by 0.75 to 3.25%. At the time of the news release, there was a strong volatility in the instruments on the market, but as a result, the prices for the main instruments remain in t...

Stellar CannaCoin: The Future of Cannabis Currency

12 Sep 2022 1 minute read 0 comments Satan420

  Stellar CannaCoin is a new cryptocurrency that is revolutionizing the cannabis industry. With CannaCoin, businesses and consumers can transact directly with each other without having to go through a third party. This enables a much more efficient a...

Scam Alert - Not Another Bl00die One Or Are People Just FKN STupId

24 Aug 2022 2 minute read 3 comments B18

When I first started blogging I used to enjoy bringing to people's attention the latest scam. The idea was to warn people to be careful. I always thought I was doing a community service. After reading @I-HODL latest post that appears not to be the ca...

How to send money for free with crypto ?

22 Aug 2022 2 minute read 3 comments thetimetravelerz

Does the idea of sending money for FREE with crypto facinate you ? Then read on... When we use a blockchain like ETH there is a gas fee involved with every transfer which can make small transfers nonviable. Are the fiat world financial transactions...

From Stellar to Stable

16 Aug 2022 3 minute read 15 comments Thomas Wolf

In this bear market, everyone is searching for a safe investment; perhaps we should search for the future, instead. “Precisely one of the most gratifying results of intellectual evolution is the continuous opening up of new and greater prospects.”― N...

TK's 5 Year Cryptosphere Outlook for 2027

14 Aug 2022 6 minute read 1 comment Thunderboltkid

After reading this post of a similar ilk, The light bulb went on, mainly because the author's vision IMO, is so 'off'.  Let's take a look at the five positions posited by this Moscow-based self-proclaiming savant of DEFI    1. The metaverse will not...