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) will stellar lumens be a good investment?

8 Mar 2020 2 minute read 0 comments DREWO

At this time we all want something that fires like BTC or ETH, but is that possible?In the end, is there still more market for the other 3000 currencies?Why do good projects seem to be very slow before BTC and ETH? Well today I'm going to tell you a...

Top rules of Crypto Trading

9 Apr 2020 1 minute read 0 comments EdwinK

Being invested almost three years in the cryptomarket I've learned a lot. New players in the cryptospace can learn from my mistakes and take the following rules as my advice: 1. Only invest what you can loose (the cryptomarket is very very volitile m...

Crypto projects/exchanges like Stellar lumens, Ripple, Tezos and Binance are donating to help fight COVID-19 !

26 Apr 2020 1 minute read 1 comment Djordi

Hi everyone, Today I was reading through some news websites and came upon an article that shows cryptocurrency projects and exchanges are donating to help fight COVID-19. This is very noble and a good deed of the crypto industry. Stellar Lumens XLM...

Stellar against Ripple -FOCUS ON XLM #3

2 May 2020 1 minute read 0 comments Trading Passion

Stellar Lumens is close to Ripple in its design but differs in many points. First, the organization responsible for developing the network is a foundation, not a company like Ripple. It is responsible for distributing the 100 billion XLMs created ini...

South Korea to start taxing profits on cryptocurrencies?

1 Jun 2020 1 minute read 0 comments Panzer

As already in many countries a tax on cryptocurrencies might soon be a reality in South Korea.  The taxation will apply not only to profits made from trading but also to bitcoin mining operations and income from initial coin offerings.  But the new l...

What is Stellar Lumens ( XLM )

9 Jun 2020 3 minute read 0 comments Snow Under Sun

Stellar is the name of the project and Lumens is the name of the cryptocurrency. There is a frequently pronounced error, I will continue to mention it: Lumen is not the fork of XRP. New friends on the market will soon understand why I say this. Stell...

XLM Keep Your Eye on the Price

30 Jun 2020 1 minute read 1 comment Betsy Malone

Hello, Here are the latest news and updates on Stellar Lumens (XLM). Latest News Crypto gems! Keep your eye on the price...  Stellar Lumens could hit $1, or $5 in the future, and the likelihood of a pullback to .04 would present a great entry point. ...

A wallpaper that crashes all Samsung devices

11 Jun 2020 1 minute read 1 comment BenKenobi

An image representing a beautiful landscape causes the crash of many smartphones under Android 10 from the moment it is integrated as wallpaper. The problem, directly related to the color profile management of Android 10 has just been patched on Andr...

Is Stellar Lumens (XLM) a Good Investment?

6 Dec 2019 7 minute read 10 comments CryptoBoomer

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...

Bitcoin under $ 1,000? Possible, warns Peter Brandt

14 Mar 2020 2 minute read 2 comments Roberto D.

For the first time in over a year, Bitcoin's price has slipped below $ 4,000.According to Peter Brandt (well-known analyst) we could witness further contractions. Cryptocurrency markets have been falling since the United States suspended all flights...