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.


Bitcoin getting in position for breakout?

6 Jun 2020 1 minute read 0 comments Panzer

What I would call the most controversial analyst in crypto says Bitcoin has officially entered a zone that preceded each and every one of its previous parabolic bull runs. According to PlanB, bitcoin is now in the early days of the “fear zone” phase....

Adjusting to the New Market, New World

6 Jun 2020 5 minute read 9 comments Thomas Wolf

I had to make some recent changes, in particular I gave up my XLM (Stellar) HODL'ings - I had done the same with my BAT about a month ago, but I was quick to recover those tokens and then some.  I'm not particularly happy about giving up my XLM tempo...

Apple Share Hits all-time high.

6 Jun 2020 1 minute read 0 comments Mabla

Apple is a giant in the Tech industries and it has surpassed $1 trillion of its market capitalization. On January 5 2019 its share was trading at $147 and ever since that day its sales and revenue has been increasing rapidly and its capitalization is...

Trading bots: what they are, how they work and why use them

5 Jun 2020 3 minute read 2 comments Roberto D.

In this article we will explain what trading bots are, what they are for, why they are useful and I will suggest some of them. If you are not interested in the explanation, just go to the paragraph "My trading bot" and jump directly to the recommende...

Stellar Lumens (XLM)| Everything you need to know before investing in XLMs

5 Jun 2020 3 minute read 0 comments NassiroV

With an increase of 28,000% in 2017, the cryptocurrency Stellar Lumens is currently one of the top 10 cryptocurrencies, but is above all in our eyes a promising cryptocurrency for the project it proposes and the advances already observable. Image So...

According to the creator of Ethereum, the uses of cryptocurrencies go far beyond the world of finance

4 Jun 2020 2 minute read 0 comments Roberto D.

Vitalik Buterin, co-founder of Ethereum (ETH), said on Twitter that the current financial crisis is very different from that of 2008 which led to the birth of Bitcoin. The crisis of 2020 and that of 2008 are not comparable According to the creator o...

Stellar: fasten your seat belts, maybe a rally of 50% or more

4 Jun 2020 1 minute read 1 comment World Crypto

The Stellar (XLM) course has probably launched a new bullish trend. A breakdown of the current resistance level should accelerate the growth rate of both XLM / BTC and XLM / USD. The popular crypto community trader Posty (@PostyXBT) informed its rea...

Using Supply and Demand to make Money in Crypto Markets and Forex Markets?

4 Jun 2020 1 minute read 0 comments Mabla

Whether you are trading in the Crypto market, Forex market or Stock market you must be able to know the support and resistance levels, then you should know the supply and demand zones. Financial and Crypto market are not a gamble so you have to know...

Bitcoin automated teller machines next target for regulators?

4 Jun 2020 1 minute read 2 comments Panzer

Germany, Spain and the United States are all cracking down on bitcoin ATMs, both for tax and to prevent money laundry. The crypto teller machines allow users to buy and sell cryptocurrency. They can also work in remittances, allowing transactions bet...

What is DAI & what makes it a good coin?

3 Jun 2020 1 minute read 0 comments Mabla

It is a decentralized stable coin and it operate on Ethereum blockchain which makes it stable and maintains its price of $1 per coin. It is almost the same as USDT but the only difference is that it is not backed by any fiat traditional currency e.g....