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

3 weeks ago 1 minute read 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...

BTC BAT ETH XLM Pullback

2 days ago 1 minute read Betsy Malone

Cover Image courtesy of Elliott Wave International Hey guys, a quick update on the 4-hour charts BTC BAT ETH XLM. Happy trading! - 3rd Dog I’m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an...

Hash: what it is, what it is used for and why it is so important to know hashing

1 week ago 7 minute read Roberto D.

Hash functions are one of the most overlooked aspects by newbies when they begin to deepen the study of cryptocurrencies and this is undoubtedly strange if we consider that hash functions are the beating heart of cryptography. Normally when you appro...

Is Stellar Lumens (XLM) a Good Investment?

6 Dec 2019 7 minute read CryptoBoomer

Making the right investment in cryptocurrencies is not like investing in other markets. The two clearest things, for those who have just begun investing and are observing how the market works, are that it is EXTREMELY volatile and that many of the st...

My Crypto Journey - Week 2

6 days ago 3 minute read cryptojourney

First I would like to wish those of you that are U.S. readers Happy Presidents day should you be observing it. For those of you outside of the U.S. a happy Monday to you you and hopefully a good beginning of a new week. Secondly, thanks to those of y...

XLM USD L-minus 2 Days Alternate Count

6 days ago 1 minute read Betsy Malone

Update on XLM USD XLM USD Coinbase You always have an alternate count and here's my Elliot Wave count for lift-off to red resistance line .121403 Fib .618  .121643 and 1.618 .117626  3rdDog I’m not registered or licensed in any jurisdiction whatsoev...

Japan's majority party will propose the introduction of a state cryptocurrency

4 weeks ago 1 minute read Roberto D.

Reuters, with an article published a few hours ago, reports that the ruling party in Japan intends to propose the issue of a digital state currency; about 70 MPs from the majority party are promoters of the proposal for the launch of a digital Yen. T...

Premium Giants War Technical Analysis Cryptocurrency Market Three

13 Jan 2020 3 minute read Rubika Ventures

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on https://t.me/rubikaventures. Join us Now! Crypto Netflix Serie Star Again Hey Rubikators, we liked the last result of our previous chapters of this Crypto Netflix series so...

Binance announced a permanent contract for XLM

19 Jan 2020 1 minute read Blockchain

The latest information I received today on January 19, 2020 about Binance will launch a permanent contract signing for XLM / USDT and the open trade was announced at 3pm (  hours in my country )   on January 20. / 2020. Over the past few weeks, Binan...

The first Swiss private banking group launches a cryptocurrency custody and negotiation service

3 weeks ago 1 minute read Roberto D.

Julius Baer, ​​the first Swiss banking group in the field of wealth management (deals exclusively with private banking and managed savings for private and institutional customers) with a portfolio of 320 billion Swiss francs, has launched a cryptocur...