Stellar Lumens (XLM) News, Price Predictions, Opinions and Analyses Created by Users

Stellar Lumens (XLM)

419 Articles 1629 Followers

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.


Cryptocurrency Updates - 19/06/2020

19 Jun 2020 1 minute read 0 comments Gamer Boy1110

Reddit Partner up With Ethereum Foundation    Reddit ask to Ethereum community for scaling  support     Read Full Details Here:       Stellar Protocol 13 Upgrade Stellar has completed Public Network Upgraded to Protocol 13 Read Full Here:          ...

The easiest guide to get the most out of Brave

8 May 2020 7 minute read 32 comments Roberto D.

The Brave browser grows in notoriety because it respects privacy, but also because it gives the opportunity to earn BAT tokens, the browser's native cryptocurrency. Let's find out how to best use it. Please note: Whenever I write "Brave Browser" in t...

Monero Mining Smartphone with ASIC integrated

11 Apr 2020 2 minute read 41 comments BenKenobi

HTC has just unveiled its latest smartphone capable of mining Monero. HTC has partnered with Midas Labs, an ASIC chip design company, to equip their special blockchain smartphone called "Exodus 1S". This smartphone will be able to mine directly from...

Combat poverty and develop individual potential Stellar XLM/ technical analysis

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

Ripple (XRP) & Stellar are two projects that share many similarities since the underlying code is similar, they both use distributed accounting protocols and have private nodes, and their respective tokens are previously mined. Ripple's XRP and Stell...

What is Stellar Lumens ( XLM )

9 Jun 2020 3 minute read 0 comments Snow Under Sun

Stellar is the name of the project and Lumens is the name of the cryptocurrency. There is a frequently pronounced error, I will continue to mention it: Lumen is not the fork of XRP. New friends on the market will soon understand why I say this. Stell...

Akon's Cryptocurrency Billion Dollar Kenyan Tech City

20 Apr 2020 1 minute read 20 comments Abhi K

Akoin, the cryptocurrency launched by musician and philanthropist Akon, will be the primary currency of billion dollar technology city Mwale Medical and Technology City (MMTC), according to a press release shared with CryptoSlate on April 16.  The t...

🔥🔥Crypto Idle Miner Earn HORA token

13 May 2020 2 minute read 5 comments Airdrop Radar

INTRODUCTION: Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginn...

Stellar Lumens: Currently Worthless, but a Hidden Gem?

21 Mar 2020 2 minute read 22 comments Thomas Wolf

For a while now I've been considering the fact that Proof of Work (POW) currencies that are hardware intensive such as Bitcoin would one day be rendered obsolete by currencies that operate under similar principles but use far less system resources, a...

New project Bitzon coin.

1 Nov 2019 1 minute read 0 comments kripto sedat

  Bitzon | Community OverviewWhat is Bitzon ? Ans - Bitzon is a multi-sided, multi-currency platform built with the goal of changing the way online shoppers & sellers move money. This group is designed for supporters to discuss our project and associ...

🎁 Get 50$ (ELD) For Free

12 May 2020 1 minute read 2 comments Airdrop Radar

🔥🔥NEW ETH.Limited 50 $.. Maximum total: You can earn 150$ worth in ELD token. 1. Start telegram bot  join 2. Join Telegram group 3. Join Telegram channel 4. Follow Twitter 5. Subscribe to Youtube 6. Complete Airdrop form // airdrop form 7. Submit ETH...