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.


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...

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...

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

3 days 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...

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

3 days ago 1 minute read 0 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...

CoronaCoin: if it sounds bad it's nothing, it's even worse

2 weeks ago 1 minute read 4 comments Roberto D.

As the coronavirus emergency grows worldwide, speculation cases continue to register.Last week, all the media gave way to the surge in the prices of sanitizing gels and masks. Today the case of the CoronaCoin, a cryptocurrency launched a few days ago...

Secure your accounts: Enable 2-step verification NOW!

2 weeks ago 2 minute read 1 comment bitcoindelight

Dealing with crypto comes hand in hand with the responsibility of managing your funds in a secure way. These days most sites - especially the relevant crypto exchanges - will offer you to enable multifactor (2-step verification) to increase security...

Bitcoin and altcoins prices are constantly rising, and it will continue…

1 Feb 2020 1 minute read 0 comments CryptoArch

Bitcoin price has been steadily rising since the beginning of the year 2020 and has passed the level of $9,200 and $9,350.     Over the past few weeks, the price of bitcoin has risen sharply and surpassed the resistance levels of 9,200 and 9,250 USD...

The Gemini cryptocurrency exchange hires a new compliance officer in Europe

29 Jan 2020 1 minute read 1 comment Roberto D.

With a press release released a few hours ago Gemini, the US-based cryptocurrency exchange founded by the twins Winklevoss, said that it had hired Blair Halliday to head the office that will take care of European compliance and monitoring of cash flo...

A bit of Binance is added to Brave!

1 day ago 2 minute read 2 comments Roberto D.

Brave has officially announced a new partnership with Binance to bring cryptocurrency trading directly into the browser. To allow this, a new widget has been created, which will be integrated directly into the browser's homepage, so as to make crypto...

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...