Stellar Lumens (XLM) News, Price Predictions, Opinions and Analyses Created by Users

Stellar Lumens (XLM)

239 Articles 1113 Followers

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 Lumens: Currently Worthless, but a Hidden Gem?

1 week ago 2 minute read 22 comments Thomas Wolf

For a while now I've been considering the fact that Proof of Work (POW) currencies that are hardware intensive such as Bitcoin would one day be rendered obsolete by currencies that operate under similar principles but use far less system resources, a...

Stellar Lumens (XLM) 🚀 Partnerships That Could Stop The Downward Trend In 2020!

1 week ago 3 minute read 24 comments Cryptonator`s Airdrop Hunt

Let`s be honest: Stellar Lumens (XLM) performed poorly last year. Also this year XLM's performance falls short of the expectations of the community. Overall, the cryptocurrency saw losses of 55%. However, innovative projects have been created on the...

The Stellar Lumens (XLM) HODL Experiment

1 week ago 1 minute read 5 comments Thomas Wolf

After writing an article about the potential Stellar has for exponential gain I took a look at the market moments ago and finally it was down a reasonable amount, so it was time to buy some. That article made a little money so I am putting that money...

Let's Find The Next Stellar Lumens, $XLM. Together. (Open Source Investing Research)

27 Feb 2020 3 minute read 17 comments Cryptolohy

This post is article #1 of the series: "How To Become Wealthy Through Math" Okay, here is the deal. The idea is to generate hundreds of hours of research towards a common goal. To make 10000% gains in the next bull market. Just like bitcoin in its be...

The 5 indispensable tools to manage your cryptocurrencies

2 weeks ago 5 minute read 12 comments Roberto D.

Cryptocurrencies never sleep, so analysis tools help monitor everything. Everything happens too quickly and keeping track of everything is a real challenge. Volatility is also a factor that keeps you glued to the screen far beyond the physiological l...

BAT in your wallet [UPDATE]

20 Feb 2020 1 minute read 5 comments BenKenobi

Brave Browser is a web browser specialized in personal data protection. It integrates a tool called "Brave Shields" which by default instantly blocks ads, popups, trackers and the automatic execution of online videos. Blocking all these intrusive too...

First BAT withdrawal from PublishOx - What I Found is Strange- Updated Feb 26

24 Feb 2020 7 minute read 19 comments Bragato18

Yes you actually get paid out. Reassuring to know that. First some background to my story. Or if you are impatient or time starved I don't mind if you go straight to the end of the story (thats where the tipping is, with more tips, I will be able to...

A Stellar Lumen (XLM) Price Forecast - 2020 to 2025

16 Feb 2020 2 minute read 0 comments Cryptonator`s Airdrop Hunt

In this price forecast, I will present my own and the opinion of the market (both of popular algorithms and experts) about the future of Stellar Lumens and at the same time discuss the Stellar forecast for 2020 and beyond. Stellar can be traded on Co...

The Basics of Crypto

6 Feb 2020 5 minute read 15 comments Dpl

The basics One of the first things I like to do when looking at the workings of a cryptocurrency coin is checking, not just the price but also the marker cap and circulation supply. We find our value in the price and we tend to stare ourselves blind...

Stellar in 250 words or less.

1 Feb 2020 1 minute read 8 comments MadMaxx

This is going to be quick. Stellar aims to fix the problems with sending money over long distances. Sending money over long distances brings about large fees and long waiting times. Stellar and the Stellar Consensus Protocol are out to fix this. Here...