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.


Why cryptocurrencies will change the travel industry?

4 days ago 1 minute read utaini $0.38 tipped

While cryptocurrencies (with Bitcoin at first place) become mainstream, I tell you how things will change in the tourism industry. In this case, we have not to consider cryptos like a way to invest, but mostly a way of payment. If you work in the tra...

Stellar (XLM) Has Formed Crab Within BAT And Competed The Bullish Setup To Achieve Highest Price Ever In The History Of Lumens

1 week ago 1 minute read moon333 $0.36 tipped

In my previous post I elaborated that how the price action of Stellar has formed a very big bullish BAT pattern on month chart and completed the bullish setup for upto 596% gains.     But the recent bearish move of price line that was started since...

Earn Up to 8% on your XLM (Stellar Lumens)

1 week ago 1 minute read zogintl $0.36 tipped

  Crypto.com the cryptocurrency platform has added XLM to Crypto Earn allowing users to enjoy up to 8% p.a. on their deposits with a minimum deposit of 5,000 XLM.     About Stellar Lumens The lumen, often abbreviated XLM, is the protocol token of t...

Good news from Raspberry Pi

3 days ago 2 minute read CryptoArch $0.36 tipped

A new version of Raspberry Pi is available on the market since June 24, 2019! A real surprise, because there was no question of an evolution of the range before 2020. The Raspberry Pi 4 Model B comes with new features compared to the previous generat...

Purchase Stellar (XLM) 50% Discount

2 weeks ago 1 minute read Blockchain Anchor $0.33 tipped

Following the first successful listing event, Crypto.com is pleased to announce the next listing on The Syndicate platform will be Stellar (XLM).  All Crypto.com Coin (CRO) token stakers will be able to participate in a discounted sale event for 500,...

COULD THE STELLAR (XLM) DECLINE BE DUE TO THESE SALES?

4 weeks ago 1 minute read kripto sedat $0.28 tipped

  COULD THE STELLAR (XLM) DECLINE BE DUE TO THESE SALES? 9 billion XLM were issued from wallets belonging to the stellar team, while 30 million USDT and 13 million USDC were printed. During the evening, there was a large amount of XLM outflows from...

Friends win with sports games

1 day ago 1 minute read lancelot7 $0.26 tipped

Hello my friends nowadays the internet and technology took us by the hand in such a way that we have to walk with it or we are left and forgotten in the time of the stone. I say this because the global resession of the economies is already a fact and...

Fire in Australia, Binance gives $ 1 million

1 week ago 1 minute read CryptoArch $0.25 tipped

Binance platform has decided to create an extensive donation program to help Australia, suffering violent fires since few time. The current balance sheet is more than 319,000 hectares of forest reduced to ash and more than one billion animals died in...

This is the fair value of Bitcoin and other crypto coins

18 Dec 2019 2 minute read DoRi $0.98 tipped

Image source When we talk about the value of Bitcoin and we look at the price on the stock market, we are actually incomplete. We would have to talk about the market value of Bitcoin. In addition to this market value, there is also another valuation,...

I recommended the Bitcoin SV right shot.

4 days ago 1 minute read lancelot7 $0.22 tipped

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...