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.


Cryptocurrency Updates - 07/05/2020

7 May 2020 1 minute read 0 comments Gamer Boy1110

Ethereum Release Solidity Version 0.6.7   This Release is Many Bug Fixes & Other Updates Download: New Mining Pool for Ethereum Solo Mining Pool Pool Site: You Can Also mine Following Algorithm   1. Beam Hash 2. Cuckoo 3. Equihash 4. Equihash 144.5...

Ripple XRP Or Stellar XLM?

7 Jun 2020 1 minute read 0 comments PassionCryptodotcom

XRP and XLM have the advantage over more traditional cryptocurrencies such as Bitcoin and Ethereum XRP has partnered with major banking companies such as Santander for over a year now If you're looking for a new cryptocurrency to buy as a Bitcoin i...

This Repetitive Move Is Leading The Stellar Lumens (XLM) To $2

2 May 2020 5 minute read 2 comments moon333

Falling wedge: As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for...

Stellar ( XLM ) SHORT Term Prediction

19 Jun 2020 1 minute read 0 comments skyislimit

First, we look at the XLM / BTC Daily Chart The market strength is definitely weak for  XLM and trading below the descending trend line and it needs more volume to break up the descending line. Resistance stays at 0.0000075 BTC and support is 0.00000...

A New Future - IBM Adopts Blockchain Technology

20 Jun 2020 1 minute read 4 comments Nafay

The cryptocurrency-based cross-border payments are going through the roof. IBM Corporation recently stated that its Blockchain World Wire initiative, a global payments network for regulated financial institutions, has begun production, encouraging in...

Payment coins

22 Jun 2020 3 minute read 2 comments Heruvim78

Motto: “History, despite its wrenching pain, cannot be unlived, but if faced with courage, need not be lived again.” – Maya Angelou   On the opposed side of the equation, not very unlike the stablecoins, are the payment coins. (Check my article about...

Will Stellar return to its rising trend?

16 Jun 2020 1 minute read 0 comments hgjk

Will Stellar return to its rising trend? Falling trend zone creates solid resistance Stellar 0.071USDT (+ 5.77%) Stellar wants to regain its rising trend that it started in March. Stellar, which broke the major rising trend with the sharp decline se...

XLM on Binance Futures!

20 Jan 2020 1 minute read 4 comments oceanloader4

Binance continue their mission to add a perpetual swap for all altcoins ever created   A week or so back Binance added a perpetual swap market for Litecoin (see my earlier post).   Now they've added Stellar Lumens (XLM) :https://www.binance.com/en/su...

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

28 Jan 2020 1 minute read 2 comments 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...

How to get $50 worth of EOS Tokens

1 May 2020 4 minute read 1 comment DaLuSt

Everyone loves getting free stuff and the same applies to getting free cryptocurrency. Whether it from completing social media tasks to get that airdrop sent to your wallet, retweeting some projects promotion on Twitter or playing with Faucets to get...