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.


XLM charts 2.2.2021

2 Feb 2021 1 minute read 0 comments kesteve

Stellar on weekly time frime looks bullish, no greater retest have been made yet. On daily charts we can see some slowdown, since BTC's uptrend was broken after the ATH, XLM 2/3 of January accumulated. Last week started to gain new strength to retest...

List of all Stellar partnerships

2 Feb 2021 3 minute read 0 comments Answerly app

Introduction  Anyone who has been in the crypto world long enough understands the value of altcoins like Stellar Lumens only too well. The brainchild of Jed McCaleb, the same guy who co-founded Ripple, Stellar has grabbed headlines in the crypto pres...

Kelp - The ultimate market making bot

1 Feb 2021 3 minute read 0 comments Answerly app

Arbitrage 101 Not exactly a trading 101, this discussion, but we feel it is absolutely essential to recap arbitrage. It occurs when one security is purchased in one market but sold for a higher price in another market, at the same time. It is somethi...

Stellar Lumens Amazing ReversalThe XLM May Breakout The $0.40 Resistance This Time

1 Feb 2021 1 minute read 1 comment moon333

  Click here to create an account on Binance, the best place to buy or sell XLM   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333   Earn 310% ROI as passive income on ec...

Everything about Coinqvest

1 Feb 2021 3 minute read 0 comments Answerly app

Welcome to Coinqvest! A world where merchants can receive crypto payments and settle them into fiat with the utmost ease. Yes, it exists, and we are not fibbing at all. Welcome to Coinqvest, an all-in-one solution that helps merchants stay compliant...

Stellar Lumens XLM Is Completing Another Bullish Reversal Move

1 Feb 2021 1 minute read 0 comments moon333

  Hey friends, hope you are well, and welcome to the new update on Stellar. Breaking out the Descending triangle: Previously we have seen that the price action had the strong support of 200 simple moving average and the support of triangle and using...

Stellar Lumens (Unofficial Song)

31 Jan 2021 1 minute read 4 comments deandre

As the title states, I recently made a song about Stellar Lumens. If you have been in this space long enough, I'm sure you came across the name. Being a fan of what they are trying to accomplish in the blockchain ecosystem, I was compelled to do som...

Update on BTC, STELLAR, ZILLIQA and TRON

30 Jan 2021 1 minute read 0 comments theatdhe

img source   Markets experienced some crazy days lately!! People understood what they can do if they gather up...or so I'd like to believe. What is also understood is that markets are really manipulated. Anyhow, we have some great news these days. El...

The Phoenix Within Us All

30 Jan 2021 4 minute read 0 comments Tomadachi

Many readers here will be familiar with the infamous Economist magazine cover from 1988 showing the burning of the world's currencies and being replaced by a single world currency, symbolised by a phoenix bird rising from the ashes of the Dollar, Yen...

Stellar Lumens XLM Has Broken Out The Triangle And Formed A New Bull Flag

30 Jan 2021 1 minute read 4 comments moon333

  Hey friends hope you are well and welcome to the new update Stellar.   Breaking out the triangle: The price action of Stellar has broken out the resistance of the triangle on a small-time period 4-hour chart.  Click here to create a free account...