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.


Detailed review of Stellarterm exchange

8 Feb 2021 3 minute read 0 comments Answerly app

What are DEXs? Decentralized exchanges are better than centralized exchanges. We are not even inviting you to change our mind, it is hardly arguable! However, we do understand that not all of you are familiar with the reasons which form the basis for...

Everything about Paywith.glass

8 Feb 2021 3 minute read 0 comments Answerly app

  Introduction Let us play a game. Close your eyes for a moment, and try to imagine a network, an infrastructure, that treats all currencies as equal. Sounds super crazy and almost unimaginable, right? Well, what if we told you there does exist now a...

Detailed review of Stellarport exchange

8 Feb 2021 3 minute read 0 comments Answerly app

What is Stellarport?  Ever wondered about the magic portal that allows crypto traders to trade on SDEX? Welcome to Stellarport, the magic doorway to real-time trading on the Stellar decentralized exchange. But that simple definition hardly encompasse...

All Stellar Lumens Holders!!! XLM Is Breaking Out The Resistance And Heading To $5

8 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell XLM   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     Earn 310% ROI as passive income on...

Stellar Lumens XLM Perfect Bullish Divergence With Bullish Reversal Pattern

6 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell XLM   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     Earn 310% ROI as passive income on...

Waves

4 Feb 2021 1 minute read 0 comments Vexxor

Well, like the stock market, there were a lot of fluctuation yesterday. I made some moves, because I am still trying to understand things. One thing is for sure, ether is going to be off the charts.  I still maintain a little Bitcoin and a little Eth...

Smartlands - Blockchain technology for capital management

4 Feb 2021 3 minute read 0 comments Answerly app

Welcome to Smartlands! Smartlands uses smart ways to tackle conventional problems that are associated with classic financial markets. Security tokens with minimal volatility! We will talk more about the clever way in which the platform uses blockchai...

CageChain Newsletter #146 | MIA + BTC = Happy City Employees, Robinhood Pushing DeFi?, USDC on Stellar, Blockchain 50 and More...

4 Feb 2021 1 minute read 0 comments KHubbard

Miami Mayor Francis Suarez has announced city employees could soon choose to get their salaries paid in Bitcoin rather than USD. This is a big move towards further adoption as more people have the option of being paid in Bitcoin and another municipal...

Stellar Network Now Supports USDC - Here's Why I'm Excited

3 Feb 2021 2 minute read 8 comments The Part Time Economist

Yesterday, the Stellar Network officially announced that they will be supporting the USDC coin. This partnership means that it will now be possible to send a well known, stable, US dollar-denominated asset anywhere in the world for fractions of a cen...

USDC is now live on Stellar Blockchain

3 Feb 2021 1 minute read 1 comment Keith Thuerk

USDC is now live on Stellar Blockchain With this Go live event USDC  (aka USD Coin) now is live on four (4) Blockchains! You may recall that USDC is the second largest stablecoin behind Tether. USDC was launched in '18 and it currently has $6 tokens...