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.


CRYPTO EVENTS - REPORT 1

1 Nov 2019 1 minute read Cryptoray

UPCOMING CRYPTO-EVENTS - REPORT 1   Stellar Meridian Conf. (04 November 2019) The official intro: "Meridian is the first Stellar conference. It will bring together everyone in the Stellar universe, alongside major financial institutions and industr...

New project Bitzon coin.

1 Nov 2019 1 minute read kripto sedat

  Bitzon | Community OverviewWhat is Bitzon ? Ans - Bitzon is a multi-sided, multi-currency platform built with the goal of changing the way online shoppers & sellers move money. This group is designed for supporters to discuss our project and associ...

Comprehensive Guide to Help You Understand Stellar Lumen

25 Oct 2019 2 minute read Richard M Adrian

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...

What is Ripple (XRP)? [A Comprehensive Guide to Understanding XRP]

23 Oct 2019 9 minute read Mr.CryptoWiki

Ripple and its token XRP, like Bitcoin and Ethereum and a few other tokens in the top 20, stand out in a market where every 3rd token appears to be a pale imitation of some token or other - whether it is a cross-border banking-focused token, a means...

Stellar (XLM) can be next cryptocurrency to rise after Bitcoin | Stellar to USD completed setup to hit $0.42 upto 596%

22 Oct 2019 1 minute read moon333

About Stellar: The Stellar is an open source network which works in distributed environment and owned by the community.The stellar is used to cross asset transfers of value, and aims to be an open financial system which gives the people of all levels...

Stellar (XLM) Price Prediction 2020 - $0.20 Possible?

19 Oct 2019 8 minute read CryptoChartWizard91

If somebody was to tell you XLM has witnessed a fantastic year of trading during 2019, they would be flat out lying to you! Stellar has dropped a total of 14% from the yearly opening price as it currently trades at $0.0635 (as of October 19th, 2019)....

Btc price again going down? Why ?

18 Oct 2019 1 minute read Crpyto Hub

Hi all     Btc price going again down. This is the shocking new for the investor and people that are holding btc. Why are the price is going down. Answere of this question is very hard to giving. So in my eyes the reason of falling btc price is so mu...

Ripple (XRP) vs Stellar (XLM) - The Key Differences You Should Know

11 Oct 2019 5 minute read Gustas_X_R_P

Over the past week or so, I’ve been comparing Ripple and other tokens (just Bitcoin and Ethereum to start with), and how it could fit into someone’s investment portfolio.  With Ripple, Bitcoin and Ethereum, it’s quite obvious to me that if you’re ser...

IBM to Use STR Coin on Stellar Blockchain

2 Oct 2019 5 minute read MintDice

IBM recently announced that it has developed a blockchain platform for banks to facilitate rapid clearing and settlement of global payment transactions. According to Bridget Van Kralingen, senior vice president of IBM Industry Platforms, the corporat...

Stellar removes inflaction system from blockchain

2 Oct 2019 1 minute read CryptoArgha

  Crypto backed banking protocol project stellar announced to removed its inflaction feature   Recently stellar developer foundation (sdf) announced on a blogpost that they will remove their inflaction system on a next update   SDF included on that p...