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.


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...

Deligate - Earn Etherium/Nano By Doing Easy Task - Follow , Like, Retweet

25 Apr 2020 1 minute read 7 comments Sajib Chy

Hi guys, I am going to share a awesome telegram bot where you can earn 1 to 5$ Daily. Earning with Deligate is simple - just select a task, complete it and get rewarded. For this, You need a telegram account - By which you registered with Deligate ,...

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

30 Mar 2020 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...

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...

Stellar/XLM

13 Apr 2020 1 minute read 0 comments bling

                                 SOME MORE AN Stellar/XLM     Stellar unites the world’s financial infrastructure so money can flow quickly and cheaply between banks, businesses, and people. And The Stellar network has its own cryptocurrency, the Ste...

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

3 Apr 2020 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...

What is Stellar (XLM) how it works

22 Apr 2020 1 minute read 0 comments Stat1c

Stellar Lumens (XLM)  Is a platform that aims to connect banks with people from all over the world, for low-cost forms of payment using Stellar Coin (XLM). The team that makes up this project is a heterogeneous group of great developers and personali...

Stellar Donates Millions of XLM For Those Affected by Coronavirus

5 Apr 2020 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

24 Mar 2020 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?

24 Mar 2020 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...