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.


Exchange Crypto with 0% Fees in Lumi Wallet

11 May 2020 1 minute read 2 comments NikScla

Everybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all in-wallet operations. All you need to get rid of hidden fees is the Lumi Wallet app and the promocode – BTCNEWS. Why is Lumi doing this? Lumi is a private wal...

What is Stellar? How it works?

24 Mar 2020 2 minute read 0 comments PrisonedBus9641

Stellar is a blockchain-based platform designed for quick currency exchange and money transfer. Stellar forked and rewrote his code after using Ripple's (XRP) for a while. Like XRP, Stellar's XLM currency serves as the connecting currency for carryin...

Bitcoin, Altcoins and Stocks in Upward Trend

7 Apr 2020 2 minute read 0 comments Thomas Wolf

I didn't expect such a drastic market recovery two days in a row, but I won't shake my head at it...It was a pleasant surprise to see both the cryptocurrency market, particularly in altcoins which shot up a great deal in price after a spike in Bitcoi...

How Cryptocurrencies have value ?

11 Sep 2020 2 minute read 0 comments mummyrio

Bitcoin is about 10 k USD. Ethereum is around 200-300. That is the value of cryptocurrencies to USD. What is the real value of cryptocurrency? Where is it from? There are hundreds of new cryptocurrency every months. Now the most popular is defi. I do...

Hash: what it is, what it is used for and why it is so important to know hashing

14 Feb 2020 7 minute read 4 comments Roberto D.

Hash functions are one of the most overlooked aspects by newbies when they begin to deepen the study of cryptocurrencies and this is undoubtedly strange if we consider that hash functions are the beating heart of cryptography. Normally when you appro...

How to Mine SUN with almost little to NO RISK !Full Guide

14 Sep 2020 1 minute read 6 comments Tikyi Khant

Hello all, As we all know Defi market is so hot lately,Justin Sun announced Defi for his Tron Platform introducing SUN Token. Introduction What is SUN?SUN is a social experiment filled with unlimited imaginations. It is a crucialcomponent of the TR...

This Is Why I Was Bullish On Stellar (XLM) | Watch How It Can Hit $5

27 Jul 2020 3 minute read 2 comments moon333

Hi guys and gals hope you are doing good and welcome to the new update on Stellar coin. The price action of Lumens is moving within an up-channel since March 2020 on a daily chart. On the 19th of June, the price action broke down the channel’s suppor...

Cryptocurrency Updates - 23/06/2020

23 Jun 2020 2 minute read 0 comments Gamer Boy1110

From Today i Started Category Wise Update and Today's Category's are   1. Important News and Update 2. Wallet and Other New Releases  Updates 3. Exchange Listing and Other Exchange related News 4. Mining Pool, Software, Hardware's News and Updates  ...

The Surge of US Dollar.

14 Jun 2020 1 minute read 0 comments Mabla

US Dollar has been falling from 1 June to date and it has been affected by a few factors. The greenback is considered as a strong currency but right now we can see it is falling against weak currencies, commodities, metals and stocks. Let’s take a lo...

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...