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.


PayPal will introduce support for cryptocurrencies, the confirmation comes directly from the company

17 Jul 2020 2 minute read 10 comments Roberto D.

PayPal is working on the development of services related to the world of cryptocurrencies: it is not an indiscretion like the one circulated last month, and of which we have already spoken (LINK HERE), but a confirmation that comes directly from the...

Bitcoin Breaks $10,000

2 Jun 2020 3 minute read 6 comments Thomas Wolf

Updated at 10 AM CTZ below the initial post. This morning Bitcoin spiked up from $9,570 USD to $10,200 USD.  This is a huge movement in the current market climate, given the COVID-19 pandemic and economies all over the world (primarily the US) are f...

How to get $US50 Worth of Stellar Lumens (XLM) Tokens - Simple Step By Step Guide

13 May 2020 6 minute read 18 comments Bragato18

We all love getting free stuff and the same applies to getting free cryptocurrency. Whether it from completing social media tasks to get that airdrop sent to your wallet, retweeting some projects promotion on Twitter or playing with Faucets to get mi...

Mark Yusko: "Ripple and Stellar are too centralized"

15 Apr 2020 1 minute read 4 comments DZCRYPTO

Mark Yusko is the CEO of one of the largest hedge funds in cryptocurrencies. And he has expressed in his latest statements that "Ripple and Stellar are too centralized." Morgan Creek Digital rejects the centralized Mark Yusko, CEO of Morgan Creek Dig...

🗞 Daily Crypto News & Video October, 18th💰

18 Oct 2020 4 minute read 1 comment Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy! Youtube Video Coming Up after my morning run ! 🗞 Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low Bitcoin (BTC) options aggregate...

The Basics of Crypto

6 Feb 2020 5 minute read 15 comments Dpl

The basics One of the first things I like to do when looking at the workings of a cryptocurrency coin is checking, not just the price but also the marker cap and circulation supply. We find our value in the price and we tend to stare ourselves blind...

5 things to know before investing in cryptocurrencies

1 Jul 2020 4 minute read 10 comments Roberto D.

Before investing in crypto, there are 5 things you need to know (and do) to not lose your funds. Unlike Fiat currencies (read: euros, dollars, pounds, etc.) if your cryptocurrencies are stolen there is no one to ask for help, but let's go in order. T...

Stellar in 250 words or less.

1 Feb 2020 1 minute read 8 comments MadMaxx

This is going to be quick. Stellar aims to fix the problems with sending money over long distances. Sending money over long distances brings about large fees and long waiting times. Stellar and the Stellar Consensus Protocol are out to fix this. Here...

Blockchain for Humanity

15 Apr 2020 3 minute read 5 comments BenKenobi

Often due to lack of information, Bitcoin and theBlochain are misunderstood by the general public. Often displayed in the media and political actors as the dark money of the internet, too volatile for some, too dirty for others. But all these crypto-...

Cryptocurrencies transactions are increasing more and more! (+ 300% in North America)

21 Sep 2020 2 minute read 7 comments Roberto D.

Over the past 12 months, the overall volume of cryptocurrency transactions in North America has quadrupled (+ 300%). As reported by Cryptonomist.ch, which in turn cites CoinPayments Quarterly Pulse, in the second quarter of 2020 the total volume of c...