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 vs Ethereum — Which Blockchain Platform Best Fits Your Requirements?

3 weeks ago 5 minute read Rumi $3.34 tipped

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2 weeks ago 6 minute read CryptoChartWizard91 $3.33 tipped

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3 weeks ago 11 minute read Jimmy D $3.04 tipped

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9 Jul 2019 4 minute read Saras $2.41 tipped

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2 Apr 2019 3 minute read starthere $2.26 tipped

  The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalan...

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3 weeks ago 2 minute read Chris Walker $2.20 tipped

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11 Jul 2019 1 minute read Saras $1.42 tipped

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Stellar Potential

3 weeks ago 1 minute read Jeffrey Allen Kaufman $0.57 tipped

Stellar Lumens (XLM) The Potential of Stellar Proportions With the influx of the steady stream of new emerging coins coming into the field of play, and with the majority that never make it to the mainstream realm of cryptocurrency exchanges and usefu...

Easiest way to use XLM or Stellar tokens, without doing any trustline.

4 Apr 2019 1 minute read ridertiger $0.55 tipped

When I wrote my article at https://www.publish0x.com/cryptorider/the-newest-thing-to-make-xlm-airdrops-xonzk On XLM airdrops, I saw the difficulty with trustlines. Here is the solution, right here. One point to consider is that you need to establish...

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3 weeks ago 4 minute read Jeffrey Allen Kaufman $0.47 tipped

My Top Picks for Investments. Let’s get to the bones of the deal. There are plenty of coins out there, plenty. In fact, one could say a new one is seemingly born every day. Some matter and some don’t matter. Some are worth looking at and some will ne...