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.


US Coronavirus Stimulus Plan: What will happen to USD and BTC?

1 week ago 2 minute read 1 comment Thomas Wolf

In the article Mnuchin confirms plan for $1,000 cash payments to all Americans, a proposed 1 trillion dollar package deal promising each American a minimum of $1,000 cash payout and as much as $3,000 for parents.If this happens you can imagine what a...

All crypto & ERC20 tokens in a unique wallet

5 days ago 1 minute read 6 comments BenKenobi

Witch wallet for which cryptocurrency?   With the multitude of cryptocurrency and tokens that can be found and bought through the web, it becomes very difficult to find a common wallet.   During our first steps in the crypto-world, many of us have cr...

What is Stellar Lumens (XLM)? | An Open Network For Money

17 Feb 2020 1 minute read 1 comment NassiroV

Image Source The Stellar network Stellar is a decentralized platform intended to set up different financial applications. It is managed by Stellar.org which is a non-profit organization. Stellar offers its users an independent exchange to trade all...

How to create your own Trading Robot without dev skills with Kryll (KRL)?

1 week ago 1 minute read 2 comments Cryptoxe

Hello to all small articles to introduce you to Kryll and his strategy editor! The article will be rather short, but if you want a real tutorial on all the functionalities of the platform do not hesitate to ask me in the comments! What is Kryll? Kryl...

Everyday getting free lots of crypto including Ethereum and Bitcoin

3 Mar 2020 1 minute read 8 comments kengtong

QoinPro is a platform that give you free Bitcoin, Ethereum, Litecoin, Bitcoin Cash...and more! Simply sign-up for free and will give you free coins every day. There is no catch! As soon as you sign-up you start receiving bitcoins, litecoins and feath...

BTC BAT ETH XLM Pullback

21 Feb 2020 1 minute read 0 comments Betsy Malone

Cover Image courtesy of Elliott Wave International Hey guys, a quick update on the 4-hour charts BTC BAT ETH XLM. Happy trading! - 3rd Dog I’m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an...

Best proof of stake coins to stake for massive profits.

31 Jan 2020 2 minute read 10 comments MadMaxx

Proof of stake is one of the best ways to get free money just by owning a coin. I personally stake Tezos in the Trust wallet, but there are other coins you can stake to get a profit  Staking is simply the "donating" of your coins for the development...

COSS Exchange exit/drama keeps going.

9 Feb 2020 2 minute read 9 comments kingscrown

I was reporting this in previous posts, i hope despite few people trying to shadow them at least one person got to the site on time and withdrew money. 1 saved wallet means it was worth making the post. I actually removed COSS from exchanges list lon...

Another way for quick Earn

5 days ago 1 minute read 5 comments BenKenobi

Another way to earn your first cyptocurrency is to install and use the new Brave browser. This revolutionary browser has as its primary goal the integral protection of your personal data and fights to block advertising, trawlers, popup ads and anythi...

Way to quickly accumulate

5 days ago 1 minute read 2 comments BenKenobi

The best way to win your first token is Coinbase Earn. Coinbase lauch this program designed to teach you the basics of how certain cryptomonic systems work. You will watch different technical presentation videos that will be immediately followed by a...