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.


Do you think LITECOIN ( LTC ) will go up ? Here is my prediction

1 week ago 1 minute read 0 comments skyislimit

Welcome back again and hope you are doing well  healthy and protecting yourself well against  Corona . Lets Talk about LTC now .  $40 is strong resistance and support at $36 . As long as daily does not go lower than $36  it may go up  in long term At...

Stellar Foundation to donate 2.5 million Lumens to Charities for the ongoing crisis

4 days ago 1 minute read 1 comment NewsBitcoin247.com

Stellar Foundation to donate 2.5 million Lumens to Charities for the ongoing crisis Stellar is basically a payment protocol that is decentralized in nature and allows fast transactions. Apart from fast transactions the protocol also allows the users...

Stellar Donates Millions of XLM For Those Affected by Coronavirus

2 days ago 1 minute read 1 comment nailorcn

Stellar Development Foundation has announced that it has donated 2.5 millions Lumen to six charities to help tackle the coronavirus outbreak. The foundation also called on the community to help in times of crisis. Some other crypto companies also don...

Bitcoin is Back From The Dead

2 weeks ago 1 minute read 0 comments Thomas Wolf

It never really died... :PThis morning sets a great foundation for future weeks to come within the crypto market.  Bitcoin is up and looking bullish and as per usual altcoins are quick to follow.  I'm currently invested in BTC, BAT and XLM and I have...

What is Stellar? How it works?

2 weeks ago 2 minute read 0 comments PrisonedBus9641

Stellar is a blockchain-based platform designed for quick currency exchange and money transfer. Stellar forked and rewrote his code after using Ripple's (XRP) for a while. Like XRP, Stellar's XLM currency serves as the connecting currency for carryin...

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...

(XLM) will stellar lumens be a good investment?

4 weeks ago 2 minute read 0 comments DREWO

At this time we all want something that fires like BTC or ETH, but is that possible?In the end, is there still more market for the other 3000 currencies?Why do good projects seem to be very slow before BTC and ETH? Well today I'm going to tell you a...

Is Stellar Lumens (XLM) a Good Investment?

6 Dec 2019 7 minute read 10 comments CryptoBoomer

Making the right investment in cryptocurrencies is not like investing in other markets. The two clearest things, for those who have just begun investing and are observing how the market works, are that it is EXTREMELY volatile and that many of the st...

Bitcoin under $ 1,000? Possible, warns Peter Brandt

3 weeks ago 2 minute read 2 comments Roberto D.

For the first time in over a year, Bitcoin's price has slipped below $ 4,000.According to Peter Brandt (well-known analyst) we could witness further contractions. Cryptocurrency markets have been falling since the United States suspended all flights...

Bitcoin - Big pump or big dump in 2 hours (16.03.2020)

3 weeks ago 1 minute read 8 comments Savastano

Only 2 two hours when new day will begin... And only 2 hours when people in Asia will start trading (crypto, stocks and other markets). One week ago (last Monday) whole markets was red... One day later was dead cat bounce (quick pump), and later slow...