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.


September - A Month to Remember

15 Sep 2020 4 minute read 36 comments Thomas Wolf

Now that the FOMO behind DeFi destroying altcoins is more or less behind us, it leaves me questioning what comes next.I am also evaluating how relevant current market activity will be to the outcomes I am looking for in future investment opportunitie...

Top 10 Aspiring Crypto Coins for June

2 Jun 2021 6 minute read 4 comments pheonixdown-dee

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of June, which could also have a positive effect on their price.   Stellar (XLM) Current Price : $0.42 Market Cap: $9,739 Billion Market...

Exchanging Smaller Amounts: A How-To Guide

13 Oct 2020 3 minute read 9 comments Mynima

Introduction They say that variety is the spice of life and if one thing is true about the crypto-sphere it is that there are always plenty of options out there. In general, for the most part, each of these options comes with their own limitations. O...

Statera Project (STA) - Puzzle Pieces to Picture

6 Aug 2020 23 minute read 37 comments Thomas Wolf

Like any aspiring author, I was thrilled to see a new contest for Statera Project, especially after taking #5 in the previous contest for ChangeNOW, which is a DEX I absolutely love and continue to use daily.So I say to Igor: Count me in!I had NO IDE...

Simplest way to earn rewards

5 Apr 2020 2 minute read 16 comments BenKenobi

Staking and fixed or flexible deposit functions are fonctions proposed by different exchange platform. You can be rewarded simply by keeping your crypto in your wallet. I test since few days different solutions with an initial wallet of $100.   Binan...

Top 5 Smart Contract Crypto Tokens

8 Jun 2021 3 minute read 0 comments Heath Muchena

Smart contracts refer to a business logic according to which all transactions on a blockchain take place. A smart contract aims to fulfil common contractual conditions. Smart contracts are deployed to the decentralized database for a fee proportional...

Stellar Lumens XLM Is On The Right Track To Cross $1 Soon

4 Jun 2021 1 minute read 0 comments moon333

The price dump: Today the price action of Stellar has been dropped more than 13% in a single day and after a recovery rally, it has moved at $0.39.   You can also watch the below video for more details:   Different indicators and oscillators: On da...

Are you among those who bought XLM at the beginning of the year? What a stroke of luck!

3 Jun 2021 1 minute read 0 comments Rikolo

      Source Are you among those who bought XLM at the beginning of the year?Then despite this bear phase of the market you shouldn't be too unhappy. In fact, Stellar was at 0.13 cents, then on May 2nd it reached 0.51 cents and ex...

Technical Analysis IOTA, XLM - June 2

2 Jun 2021 2 minute read 0 comments LeaderIcarus

Greetings everyone Technical analysis on IOTA/USD and XLM/USD pairs showing some good signs   In a glance IOTA has formed a double bottom pattern Price action is over the Ichimoku cloud XLM also a double bottom pattern divergence IOTA/USD Iota has...

Stellar (XLM) formed another Shark for bullish reversal move

25 May 2021 1 minute read 0 comments moon333

Hi, dear friends, hope you are well, and welcome to the new update on the Stellar ( XLM ) coin.Previously the XLM had a nice bullish reversal move after the completion of the bullish Shark move: https://www.tradingview.com/chart/XLMUSDT/qUfWI5MP-Ste...