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.


South Korea to start taxing profits on cryptocurrencies?

1 Jun 2020 1 minute read 0 comments Panzer

As already in many countries a tax on cryptocurrencies might soon be a reality in South Korea.  The taxation will apply not only to profits made from trading but also to bitcoin mining operations and income from initial coin offerings.  But the new l...

Hash: what it is, what it is used for and why it is so important to know hashing

14 Feb 2020 7 minute read 4 comments Roberto D.

Hash functions are one of the most overlooked aspects by newbies when they begin to deepen the study of cryptocurrencies and this is undoubtedly strange if we consider that hash functions are the beating heart of cryptography. Normally when you appro...

Money from Vweeter Limited games! - XLM

13 Dec 2020 1 minute read 0 comments Kimster

Hi this is my next post. In my post i show you how many money i do with Vweeter Limiteds game. I send this money to my CoinBase wallet. Create COINBASE wallet with this link  https://www.coinbase.com/join/kristi_g1. You can download the game in this...

Stellar Lumens' chart and fundamental analysis

1 Sep 2020 1 minute read 2 comments Emad

Stellar Lumens has recently released SEP-30 wallet recovery. well, I don't want to dive in technical issues here but honestly I posted some concerns on their forums... I will update some conclusions here if I found them interesting. but let's get in...

What is Stellar Lumens ( XLM )

9 Jun 2020 3 minute read 0 comments Snow Under Sun

Stellar is the name of the project and Lumens is the name of the cryptocurrency. There is a frequently pronounced error, I will continue to mention it: Lumen is not the fork of XRP. New friends on the market will soon understand why I say this. Stell...

The Weekly Summary - Cryptocurrency Edition [Issue 38.2]

3 Jan 2021 1 minute read 8 comments tvlachak

Issue 38.2 / January 3, 2021 Cryptocurrency “The two greatest inventions of the human mind are Writing and Money — the common language of intelligence and the common language of self-interest.” - Victor Riqueti , marquis de Mirabeau Last If you're st...

XLM Keep Your Eye on the Price

30 Jun 2020 1 minute read 1 comment Betsy Malone

Hello, Here are the latest news and updates on Stellar Lumens (XLM). Latest News Crypto gems! Keep your eye on the price...  Stellar Lumens could hit $1, or $5 in the future, and the likelihood of a pullback to .04 would present a great entry point. ...

The biggest important moves will happen this week on these crypto / BNB & XLM against BTC

12 Jul 2020 2 minute read 0 comments Crypto adict (Manu VZ)

BNB / BTC From July 4 until today the value of Binance Coin has increased 17% against Bitcoin. Occupying position # 9 in the Coinmarketcap ranking, with a market capitalization of 306,574 BTC and a Volume in the last 24 hours of 24,930 BTC. Today has...

Ripple (XRP) Replacement: The Fight Against Arbitrary

8 Jan 2021 2 minute read 3 comments E. K. Washington™

In recent weeks, for the Ripple company the "X" continues to mark the spot and we in the cryptocurrency community have been witness to the demise of a heavyweight in the now $1 Trillion dollar virtual currency market. However only one question has my...

4 developments in altcoins this week: BNB, XRP, XLM and TOMO

19 Jan 2021 1 minute read 0 comments zeron

TomoChain (TOMO) - Zorro updateThe TomoChain team recently announced that the update, called Zorro, will be carried out on January 22. The update will include improvements in EVM and Solidity functionality, TomoP mainnet code integration, and TomoX D...