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.


Monero Mining Smartphone with ASIC integrated

11 Apr 2020 2 minute read 41 comments BenKenobi

HTC has just unveiled its latest smartphone capable of mining Monero. HTC has partnered with Midas Labs, an ASIC chip design company, to equip their special blockchain smartphone called "Exodus 1S". This smartphone will be able to mine directly from...

July Report: Crypto, Precious Metals & Stocks

31 Jul 2020 5 minute read 29 comments Thomas Wolf

Today I wanted to discuss how the markets have been behaving in relation to each other, particularly in how crypto is stomping all over the "competition" aka FIAT-oriented services such as stocks, and how precious metals are responding.Bitcoin is cur...

Akon's Cryptocurrency Billion Dollar Kenyan Tech City

20 Apr 2020 1 minute read 20 comments Abhi K

Akoin, the cryptocurrency launched by musician and philanthropist Akon, will be the primary currency of billion dollar technology city Mwale Medical and Technology City (MMTC), according to a press release shared with CryptoSlate on April 16.  The t...

Stellar (XLM) Review 2020

29 Apr 2020 6 minute read 12 comments ChangeNOW

Stellar Lumens (XLM) is a decentralized crypto-based project that aims to make money move like emails. Its network has attracted the remittances world to move towards a space in which the position of sovereign currencies declined in favor of virtual...

Full List of 2020 Stellar (XLM) Partnerships, Integrations, And Collaborations

2 Jun 2020 7 minute read 3 comments list3r

Stellar is one of the top altcoins that has been around since many years ago. Co-founded by Jed McCaleb, Stellar easily rose to fame in 2017, the same year where the cryptocurrency market reached its peak bull market. For your information, Jed McCal...

The easiest guide to get the most out of Brave

8 May 2020 7 minute read 32 comments Roberto D.

The Brave browser grows in notoriety because it respects privacy, but also because it gives the opportunity to earn BAT tokens, the browser's native cryptocurrency. Let's find out how to best use it. Please note: Whenever I write "Brave Browser" in t...

The Market Dropped: Time to Buy in Again

28 Jun 2020 2 minute read 15 comments Thomas Wolf

It's been an odd day in the market, and not for the positive - unless you were looking to invest.Things were looking great, I went fishing, took a dirt-nap and woke up to a nice set of losses in my portfolios.  Luckily, I am far from done investing a...

Bitcoin, BAT, XTZ, Nano and Why I Care

17 Jun 2020 3 minute read 17 comments Thomas Wolf

Nothing like an unprecedented time for an interesting time.I have decided to put most altcoins on the back burner but I wanted to discuss my loyalties with the handful that remain.Bitcoin should require no explanation but I think it's fair to say it'...

August 1st FOMO: Bitcoin Breaks $12,100 USD

2 Aug 2020 3 minute read 13 comments Thomas Wolf

Update 8/2/2020:  Well, that didn't go so well for the bulls, did it?  Damn bears!  Starting to sound like a fantasy sports blog up in here.What the damage is:  Bitcoin is down to $11,145 USD as of 10:09 AM CTZ.  Ethereum seems to be taking the cake...

Adjusting to the New Market, New World

6 Jun 2020 5 minute read 9 comments Thomas Wolf

I had to make some recent changes, in particular I gave up my XLM (Stellar) HODL'ings - I had done the same with my BAT about a month ago, but I was quick to recover those tokens and then some.  I'm not particularly happy about giving up my XLM tempo...