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.


Answer questions and earn crypto - Masmic Review

11 Jan 2020 1 minute read 3 comments Sara Spa

Update May 2020: Currently there is not a lot of activity on Masmic and their team has been unresponsive and silent on Twitter. This review will be left here as it was originally written. If you ever find yourself mindlessly scrolling through social...

I recommended the Bitcoin SV right shot.

15 Jan 2020 1 minute read 3 comments lancelot7

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...

What is Stellar?

8 Jun 2020 1 minute read 0 comments Diviner

Stellar is a decentralized, open-source blockchain that aims to make crypto accessible to everyone. It was co-founded by Joyce Kim and Jed McCaleb in 2014, who also co-founded Ripple. The Stellar blockchain utilizes its native token, Lumens (XLM), to...

Do Market Makers (MM) manipulate markets? If so how and why?

16 Jun 2020 2 minute read 0 comments Mabla

Market makers, brokerage firms and investment banks are the big whales in the market, they are the ones who control supply and demand. They are the ones who move the market as they place big orders which create big movements known as the supply and d...

WHAT IS STELLAR LUMENS (XLM) ? FOCUS ON XLM #1

26 Apr 2020 1 minute read 1 comment Trading Passion

Stellar Lumens is a payment network that allows financial institutions, companies or individuals to send funds to each other in the form of native XLM assets or in the form of IOUs, digital representations of anyone active on the Stellar network. . L...

Cryptocurrency Updates - 19/06/2020

19 Jun 2020 1 minute read 0 comments Gamer Boy1110

Reddit Partner up With Ethereum Foundation    Reddit ask to Ethereum community for scaling  support     Read Full Details Here:       Stellar Protocol 13 Upgrade Stellar has completed Public Network Upgraded to Protocol 13 Read Full Here:          ...

3 Best Decentralized Crypto Exchanges You Can Invest In and Profit From Today

19 Sep 2019 7 minute read 15 comments Jeremy Wall

If you’ve invested in cryptocurrencies or have at least followed this industry for some time, you’ve probably come to realize the massive potential and opportunity crypto and blockchain technologies present. It’s probably evident to you that this inn...

Is Ripple's XRP a Good Investment? In-depth Analysis and Near to Longer-Term Expectations.

1 Oct 2019 8 minute read 5 comments CryptoBoomer

The Ripple Protocol and the XRP Token. Ripple is a different flavor of a crypto-ledger implementation that is geared towards servicing the banking and financial industries in facilitating fast, cheap cross-border payments and remittances across any...

What is Ripple (XRP)? [A Comprehensive Guide to Understanding XRP]

23 Oct 2019 9 minute read 9 comments Mr.CryptoWiki

Ripple and its token XRP, like Bitcoin and Ethereum and a few other tokens in the top 20, stand out in a market where every 3rd token appears to be a pale imitation of some token or other - whether it is a cross-border banking-focused token, a means...

Stellar (XLM) Price Prediction 2020 - $0.20 Possible?

19 Oct 2019 8 minute read 4 comments CryptoChartWizard91

If somebody was to tell you XLM has witnessed a fantastic year of trading during 2019, they would be flat out lying to you! Stellar has dropped a total of 14% from the yearly opening price as it currently trades at $0.0635 (as of October 19th, 2019)....