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.


Basic Attention Token (BAT) - My #1 Bet & Why

20 Aug 2020 3 minute read 61 comments Thomas Wolf

Basic Attention Token (BAT) arguably has the strongest following of any cryptocurrency created in the last three years since its launch in 2017.I would call it third only to Bitcoin (BTC) and Ethereum (ETH), regardless of what the numbers say at this...

Top Coins To Trade & Hodl With Extremely Low Transaction Fees

22 Aug 2020 2 minute read 25 comments Sapphire

Inexpensive To Move For those of you who have not yet realized how expensive gas fees for ETH have become, you might be in for a shock next time you want to send some ETH or your favorite ERC20 token. Currently, it will cost you a couple of dollars,...

Coinbase - LRC/UNI Support & Celo on Earn

3 Oct 2020 4 minute read 38 comments Thomas Wolf

I am pleased to find that Coinbase has launched Loopring (LRC) support in my absence, along with Uniswap (UNI) and a few others.This is an exciting development for me because I understand Coinbase's ERC-20 support and you can send LRC directly to you...

The Final Dump: Get Ready For Opportunities

6 Sep 2020 2 minute read 33 comments Thomas Wolf

Updated 9/7/20 - Pro Tip: When she bottoms out, BAT, Tezos, and XLM will likely have held their worth better than most and Tezos is at a particularly good investment point - unless, of course, Bitcoin is in a nosedive; in which case all bets are off....

July Report: Crypto, Precious Metals & Stocks

31 Jul 2020 4 minute read 29 comments Thomas Wolf

Today I wanted to discuss how the markets have been behaving in relation to each other, particularly in how crypto is stomping all over the "competition" aka FIAT-oriented services such as stocks, and how precious metals are responding.Bitcoin is cur...

Monero Mining Smartphone with ASIC integrated [UPDATE]

11 Apr 2020 2 minute read 42 comments BenKenobi

HTC has just unveiled its latest smartphone capable of mining Monero. HTC has partnered with Midas Labs, an ASIC chip design company, to equip their special blockchain smartphone called "Exodus 1S". This smartphone will be able to mine directly from...

Akon's Cryptocurrency Billion Dollar Kenyan Tech City

20 Apr 2020 1 minute read 20 comments Abhimanyu Krishnan

Akoin, the cryptocurrency launched by musician and philanthropist Akon, will be the primary currency of billion dollar technology city Mwale Medical and Technology City (MMTC), according to a press release shared with CryptoSlate on April 16.  The t...

Stellar (XLM) Review 2020

29 Apr 2020 6 minute read 12 comments ChangeNOW

Stellar Lumens (XLM) is a decentralized crypto-based project that aims to make money move like emails. Its network has attracted the remittances world to move towards a space in which the position of sovereign currencies declined in favor of virtual...

Full List of 2020 Stellar (XLM) Partnerships, Integrations, And Collaborations

2 Jun 2020 7 minute read 3 comments list3r

Stellar is one of the top altcoins that has been around since many years ago. Co-founded by Jed McCaleb, Stellar easily rose to fame in 2017, the same year where the cryptocurrency market reached its peak bull market. For your information, Jed McCal...

September - A Month to Remember

15 Sep 2020 4 minute read 36 comments Thomas Wolf

Now that the FOMO behind DeFi destroying altcoins is more or less behind us, it leaves me questioning what comes next.I am also evaluating how relevant current market activity will be to the outcomes I am looking for in future investment opportunitie...