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.


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17 hours ago 2 minute read 0 comments PVMihalache

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The biggest important moves will happen this week on these 4 crypto / XLM, NEO, XTZ, BTC...

15 Jun 2020 2 minute read 0 comments Crypto adict (Manu VZ)

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23 Jun 2020 1 minute read 2 comments Aristos

How to Earn?     Earn Ethereum and Popcoin. Download the app via the following links and start earning Stellar and POPCOINGroup Bitcoins, Ether, Monero, Ripple and Neo coins together to pop them.Blast your way through to the moon....

Ripple XRP Or Stellar XLM?

7 Jun 2020 1 minute read 0 comments PassionCryptodotcom

XRP and XLM have the advantage over more traditional cryptocurrencies such as Bitcoin and Ethereum XRP has partnered with major banking companies such as Santander for over a year now If you're looking for a new cryptocurrency to buy as a Bitcoin i...