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.


The Market is Down - Time to Reinvest!

27 Aug 2020 3 minute read 54 comments Thomas Wolf

Update 8-28-20 @ 1:30 PM - I bought in at $3.19 and $3.12 yesterday.  Currently, I am in a profit range with Tezos despite a lot of nay-saying. The only stable thing in a volatile market is uncertainty.If you are not comfortable doing this with your...

The Market Dropped: Time to Buy in Again

28 Jun 2020 2 minute read 15 comments Thomas Wolf

It's been an odd day in the market, and not for the positive - unless you were looking to invest.Things were looking great, I went fishing, took a dirt-nap and woke up to a nice set of losses in my portfolios.  Luckily, I am far from done investing a...

Bitcoin, BAT, XTZ, Nano and Why I Care

17 Jun 2020 3 minute read 17 comments Thomas Wolf

Nothing like an unprecedented time for an interesting time.I have decided to put most altcoins on the back burner but I wanted to discuss my loyalties with the handful that remain.Bitcoin should require no explanation but I think it's fair to say it'...

Exchanging Smaller Amounts: A How-To Guide

13 Oct 2020 3 minute read 9 comments Mynima

Introduction They say that variety is the spice of life and if one thing is true about the crypto-sphere it is that there are always plenty of options out there. In general, for the most part, each of these options comes with their own limitations. O...

I'll Be Writing For Free *Temporarily*

9 Sep 2020 3 minute read 78 comments Thomas Wolf

Recently I was placed in a position where I had to put my integrity and beliefs before my writing.  Publish0x is being heavily taxed to continue to pay authors and readers due to the Ethereum (ETH) gas fees which impact ETH tokens like Basic Attentio...

August 1st FOMO: Bitcoin Breaks $12,100 USD

2 Aug 2020 3 minute read 13 comments Thomas Wolf

Update 8/2/2020:  Well, that didn't go so well for the bulls, did it?  Damn bears!  Starting to sound like a fantasy sports blog up in here.What the damage is:  Bitcoin is down to $11,145 USD as of 10:09 AM CTZ.  Ethereum seems to be taking the cake...

Adjusting to the New Market, New World

6 Jun 2020 5 minute read 9 comments Thomas Wolf

I had to make some recent changes, in particular I gave up my XLM (Stellar) HODL'ings - I had done the same with my BAT about a month ago, but I was quick to recover those tokens and then some.  I'm not particularly happy about giving up my XLM tempo...

Stellar Lumens: Currently Worthless, but a Hidden Gem?

21 Mar 2020 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...

Why Stellar Lumens Turning More Bullish Than Bitcoin | Is XLM A Good Investment Than BTC?

12 May 2020 3 minute read 8 comments moon333

Hi friend hope you are well today we will try to understand by the Stellar is turning more bullish than Bitcoin as the XLM has recovered more than BTC. If we take a look at the daily chart of XLM then it can be easily observed that after the drop fro...

Crypto or fiat? The most used method for laundering money

24 Aug 2020 9 minute read 25 comments Roberto D.

According to a United Nations report, money laundering costs the global economy between $ 800 billion and $ 2 trillion each year.These figures amount to 2% -5% of the global gross domestic product. Today, more than 90% of money laundering goes unnoti...