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.


Is Stellar Lumens (XLM) a Good Investment?

6 Dec 2019 7 minute read 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...

Premium Giants War Technical Analysis Cryptocurrency Market Three

13 Jan 2020 3 minute read Rubika Ventures

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on https://t.me/rubikaventures. Join us Now! Crypto Netflix Serie Star Again Hey Rubikators, we liked the last result of our previous chapters of this Crypto Netflix series so...

Japan's majority party will propose the introduction of a state cryptocurrency

3 weeks ago 1 minute read Roberto D.

Reuters, with an article published a few hours ago, reports that the ruling party in Japan intends to propose the issue of a digital state currency; about 70 MPs from the majority party are promoters of the proposal for the launch of a digital Yen. T...

Binance announced a permanent contract for XLM

19 Jan 2020 1 minute read Blockchain

The latest information I received today on January 19, 2020 about Binance will launch a permanent contract signing for XLM / USDT and the open trade was announced at 3pm (  hours in my country )   on January 20. / 2020. Over the past few weeks, Binan...

XLM USD L-minus 2 Days Alternate Count

2 days ago 1 minute read Betsy Malone

Update on XLM USD XLM USD Coinbase You always have an alternate count and here's my Elliot Wave count for lift-off to red resistance line .121403 Fib .618  .121643 and 1.618 .117626  3rdDog I’m not registered or licensed in any jurisdiction whatsoev...

The first Swiss private banking group launches a cryptocurrency custody and negotiation service

3 weeks ago 1 minute read Roberto D.

Julius Baer, ​​the first Swiss banking group in the field of wealth management (deals exclusively with private banking and managed savings for private and institutional customers) with a portfolio of 320 billion Swiss francs, has launched a cryptocur...

Ripple: Jed McCaleb is selling all its XRP, is that a problem?

1 week ago 1 minute read Roberto D.

Jed McCaleb, the co-founder of Ripple (XRP) and Stellar (XLM), has sold $ 1.05 billion of XRP since 2014. The dailyhodl.com website tells us that the tokens in McCaleb's possession are compensation for his previous role in Ripple. Here's how McCaleb...

My Crypto Journey - Week 2

2 days ago 3 minute read cryptojourney

First I would like to wish those of you that are U.S. readers Happy Presidents day should you be observing it. For those of you outside of the U.S. a happy Monday to you you and hopefully a good beginning of a new week. Secondly, thanks to those of y...

What is Stellar (XLM)? [A Comprehensive Guide to Understanding Stellar]

15 Sep 2019 7 minute read Mr.CryptoWiki

The whole idea behind cryptocurrencies (the cryptos intended to be used as currency or facilitate payments and transactions) is to improve upon and replace the existing financial system. This is the intention behind Bitcoin, Litecoin, and a slew of o...

Blockchain assessment template applied to stellar

9 Jan 2020 12 minute read HourImagination

Blockchain assessment template When reading about a blockchain implementation which is different than the first ones, bitcoin and ethereum, I have realized how it is important to have a kind of compass to assess what we are confronting with. I have s...