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.


Is Stellar Lumens (XLM) a Good Investment?

1 week ago 7 minute read CryptoBoomer $7.81 tipped

Making the right investment in cryptocurrencies is not like investing in other markets. The two clearest things, for those who have just begun investing and are observing how the market works, are that it is EXTREMELY volatile and that many of the st...

3 Best Decentralized Crypto Exchanges You Can Invest In and Profit From Today

19 Sep 2019 7 minute read Jeremy Wall $7.57 tipped

If you’ve invested in cryptocurrencies or have at least followed this industry for some time, you’ve probably come to realize the massive potential and opportunity crypto and blockchain technologies present. It’s probably evident to you that this inn...

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

11 Oct 2019 5 minute read Gustas_X_R_P $6.93 tipped

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...

Is Ripple's XRP a Good Investment? In-depth Analysis and Near to Longer-Term Expectations.

1 Oct 2019 8 minute read CryptoBoomer $5.89 tipped

The Ripple Protocol and the XRP Token. Ripple is a different flavor of a crypto-ledger implementation that is geared towards servicing the banking and financial industries in facilitating fast, cheap cross-border payments and remittances across any...

What is Stellar (XLM)? [A Comprehensive Guide to Understanding Stellar]

15 Sep 2019 7 minute read Mr.CryptoWiki $5.82 tipped

The whole idea behind cryptocurrencies (the cryptos intended to be used as currency or facilitate payments and transactions) is to improve upon and replace the existing financial system. This is the intention behind Bitcoin, Litecoin, and a slew of o...

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

23 Oct 2019 9 minute read Mr.CryptoWiki $4.69 tipped

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) Price Prediction 2020 - $0.20 Possible?

19 Oct 2019 8 minute read CryptoChartWizard91 $4.51 tipped

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)....

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

1 Aug 2019 6 minute read CryptoChartWizard91 $3.22 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

Stellar vs Ethereum — Which Blockchain Platform Best Fits Your Requirements?

25 Jul 2019 5 minute read Rumi $2.96 tipped

A comparative study оf 2 mоѕt promising blockchain platforms fоr launching security tokens оr utility tokens. Yоur ICO оr STO wіll bе thе fіrѕt event whеrе substantial number оf people wіll interact wіth уоur project аnd thuѕ іt іѕ worth understandi...

Stellar Wallet 2020

6 days ago 3 minute read ChangeNOW $2.92 tipped

In times when we rarely use ordinary wallets and can even afford to forget them at home – soon new e-wallets are going to replace them. How good is Samsung Galaxy Stellar wallet, how to check Stellar wallet balance or where you can download it?  L...