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.


Bitcoin approaches the bottom only to rise?

11 Sep 2020 2 minute read 12 comments Roberto D.

Bitcoin in the last 7 days has lost about 12% of its value (it is an article and the value always varies, if it is not 12% when you read it please don't stone me ..) and it seems to have lost that push that he had pulled it in the last few months. In...

Why is it worth investing in crypto?

3 Sep 2020 3 minute read 18 comments Roberto D.

Cryptocurrency is the answer to the global demand to move to a cashless society in the future. It has changed the world in terms of how people work, transact online, and pay for their goods and products. When this new world was born, many people were...

Why you should consider investing in Stellar Lumens (XLM) for the long term future !

5 May 2020 5 minute read 7 comments Djordi

Stellar Lumens (XLM) Stellar Lumens is a non-profit organization (Stellar Development Foundation) that wants to create an open network of storing and moving money. They allow almost any kind of valuta, or form of money, to be transferred in their op...

Stellar Lumens (XLM) 🚀 Partnerships That Could Stop The Downward Trend In 2020!

23 Mar 2020 3 minute read 24 comments Cryptonator`s

Let`s be honest: Stellar Lumens (XLM) performed poorly last year. Also this year XLM's performance falls short of the expectations of the community. Overall, the cryptocurrency saw losses of 55%. However, innovative projects have been created on the...

This Is Why TRX Will Be A Dominating Force This Super Cycle

13 Sep 2020 2 minute read 13 comments Sapphire

The 2017 Darling If you were in the Crypto space during the last bull run you will remember how Tron basically rose to fame in a matter of weeks. I picked up my first TRX at a fraction of a cent. Tron went on to become one of the best performing alts...

Bulls Meet the Halving

6 May 2020 2 minute read 4 comments Thomas Wolf

We are seeing an avid bull market with cryptocurrencies currently, which is overall very impressive in the face of a global pandemic.As you can see even after a large dip down to $9,135 this morning, Bitcoin is holding strong above $9,250:I see a bul...

Statera Project (STA) - Puzzle Pieces to Picture

6 Aug 2020 23 minute read 37 comments Thomas Wolf

Like any aspiring author, I was thrilled to see a new contest for Statera Project, especially after taking #5 in the previous contest for ChangeNOW, which is a DEX I absolutely love and continue to use daily.So I say to Igor: Count me in!I had NO IDE...

Bitcoin Node and Mining Smartphone. [REVIEW]

15 Apr 2020 2 minute read 14 comments BenKenobi

Back on the little new one from HTC, the Exodus 1S is a new generation smartphone specially developed for the blochain. Many features are integrated, it can be used as a Bitcoin node, store your precious crypto on a cold wallet or even undermine Mone...

TOP 4 cryptocurrency news from the past week (BAT, ADA, XLM, XRP and LTC)

18 Apr 2020 2 minute read 5 comments Call me Steven

The cryptocurrency world is moving at a stupendous speed. Let's go through the top crypto news for BAT, ADA, XLM, LTC and XRP from the last week.   4. GMO Coin exchange announced BAT lending 7 days ago, the Japanese cryptocurrency trading giant - GMO...

Picky Revolut Adds Stellar to Its App

28 Jul 2020 1 minute read 5 comments Abhimanyu Krishnan

United Kingdom-based Revolut has added Stellar Lumens (XLM) to its platform in a press statement that was first reported by CoinDesk. Users can now buy, sell and store it on the digital bank’s app. The addition of XLM was a result of “overwhelming de...