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.


Last 5 times we got this signal, XLM pumped

4 days ago 1 minute read raven $0.42 tipped

In the last article about XLM, we have seen that XLM might be going up a in parabolic path. For now, the price is slightly under the parabola, but we will confirm this in the next days (whether the price will bounce up the line again). What I want to...

Cryptocurrency debit cards: the Coinbase Visa enlarges the range of accepted coins

6 days ago 1 minute read Roberto D. $0.14 tipped

Even today, despite that of cryptocurrency debit cards is a widely consolidated reality, I happen to meet many people who ask me how I can convert my bitcoins; net of the numerous cards that are already present on the market and that allow the instan...

How to get FREE Stellar Lumens (XLM)

13 hours ago 1 minute read Alex Hawking $0.03 tipped

If you haven't heard about the Big Stellar Space Drop then you are really missing out.   The Big Stellar Space Drop is a partnership between the app Keybase and the Stellar Development foundation.   Basically they are giving away 100 million Lumens e...

Time for Stellar (XLM) to shine! (T.A.)

1 week ago 1 minute read raven $1.74 tipped

I have been covering Stellar Lumens (XLM) in my last posts, since the burning of half the supply exactly one week ago and following up with my disappointment when I saw that the market did not respond with a 100% increase. Despite the lackluster reac...

XLM / BTC technical analysis [BINANCE]

1 week ago 2 minute read MrBullishSail $0.72 tipped

XLM seen from the temporality of 1W we can see how the structure of candles has followed a long downward trend since the breaking of the distribution zone so far this year 2019, currently the price shows signs of reversal of trend where the price...

Why XLM Price Falling Again After Burn 55 Billion of Stellar

2 days ago 1 minute read cafoo41 $0.02 tipped

As the weekend trucks along, it becomes more apparent the bearish trend is far from over at this point. Although some individual markets show a lot of promise, the same cannot be said for Stellar. In fact, the Stellar price has suffered very steep d...

Comprehensive Guide to Help You Understand Stellar Lumen

3 weeks ago 2 minute read Richard M Adrian $1.12 tipped

Stellar lumen is a currency that was developed by the stellar development foundation. Stellar is a distributed ledger that is capable of connecting people and financial institutions around the globe. Stellar is built on the basis of the blockchain te...

I was going to post how to earn $50 from Coinbase

26 Apr 2019 1 minute read Crypto Pappy $0.06 tipped

I did leave the Airdrop post up, but I took the Coinbase post down because nobody thought I was serious. This is BETTER than an Airdrop ... it's a whole company putting thier money where their mouth is! Coinbase is investing in these blockchains, and...

Stellar destroyed 55 Billion of the Total Supply and price jumped 16%.

2 weeks ago 1 minute read alberdioni8406 $0.20 tipped

​burn flames free image from Pixabay Here.​​​ The Stellar Foundation destroyed 55 Billion of the total supply and the price jump in about 16% after the burning. That was a massive burn of tokens that was destinated to Airdrops,rewards and Partnership...

Was Stellar (XLM) Burning Half of the Supply a Right Action?

2 weeks ago 1 minute read Yasin $0.32 tipped

The Stellar team took a big step a few days ago and burned 50 percent of the total XLM supply. The fact that half of the XLM supply was burned received strong reactions from some crypto currency followers. These include LTC founder Charlie Lee and @W...