Stellar Lumens (XLM)

172 Articles 613 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.


The Idea Of What Constitutes An S**coin Will Dramatically Change In The Near Future

24 Sep 2019 14 minute read Cryptolohy $3.54 tipped

"Nothing has intrinsic value, intrinsic value is a meaningless term because value has to be subjective in the eyes of the valuer" Erik Vorhees, CEO of Shapeshift, in his debate with Peter Schiff   I do not agree with this previous quote from Erik V...

Stellar: An Open Network For Storing And Moving Money

1 Dec 2019 4 minute read fycee $3.53 tipped

Founded by Jed McCaleb in 2014, who is also the founder of Mt. Gox and the co-founder of Ripple XRP. He collaborated with Atty. Joyce Kim to develop the network system called Stellar. The Stellar Platform Stellar is a platform that connects banks, p...

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

1 Aug 2019 6 minute read CryptoChartWizard91 $3.47 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

What is Stellar (XLM)? — 'A System to Pay Attention To' — Beginner's Guide

4 weeks ago 5 minute read cryptomagis $3.30 tipped

Following a steady rise in adoption & usage, Stellar (with its currency lumens) has been noted by many as 'one to watch' in the world of cryptocurrencies. Unlike many other 'crypto' systems, this has been designed by a very influential group, includi...

I Have To Admit It, I Really, (Really) Like the Stellar Lumens Vision and Projects

19 Sep 2019 2 minute read Cryptolohy $3.29 tipped

Not everything on this life is about money, just like having a pet dog that you might like because of a specific funny trait even though it barks violently at strangers and is a health hazard, sometimes you just have to go with the flow, in my case,...

Stellar vs Ethereum — Which Blockchain Platform Best Fits Your Requirements?

25 Jul 2019 5 minute read Rumi $3.08 tipped

A comparative study оf 2 mоѕt promising blockchain platforms fоr launching security tokens оr utility tokens. Yоur ICO оr STO wіll bе thе fіrѕt event whеrе substantial number оf people wіll interact wіth уоur project аnd thuѕ іt іѕ worth understandi...

XLM Personified

25 Jul 2019 11 minute read Jimmy D [Trybe.One I Upliftnation.io] $2.89 tipped

The name is Lumens, Stellar Lumens! You can call me XLM for short. Crypto can be a tough game, especially if your competing with the best of the best. So I’d like to, as best I can, clarify a little about myself. First of all, let me start by noting...

A Comparison: Stellar vs. Ripple

19 Sep 2019 5 minute read MintDice $2.75 tipped

Stellar Lumens and Ripple are two cryptocurrencies that are constantly compared as they were both created by the same person: Jed McCaleb. As so, there are quite a few obvious similarities. Firstly, both digital coins seem to be very similar in funct...

Introduction to SureRemit - Bringing Fairness to Global Remittances

9 Jul 2019 4 minute read Saras $2.38 tipped

Today, we mark the beginning of SureRemit on Publish0x. We would be bringing out updates on our product to this portal. Here is a quick brief about SureRemit and the problem that we are trying to solve. Looking forward to interacting with the communi...

Time for Stellar (XLM) to shine! (T.A.)

11 Nov 2019 1 minute read raven $1.88 tipped

I have been covering Stellar Lumens (XLM) in my last posts, since the burning of half the supply exactly one week ago and following up with my disappointment when I saw that the market did not respond with a 100% increase. Despite the lackluster reac...