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.


XLM on Binance Futures!

20 Jan 2020 1 minute read 4 comments oceanloader4

Binance continue their mission to add a perpetual swap for all altcoins ever created   A week or so back Binance added a perpetual swap market for Litecoin (see my earlier post).   Now they've added Stellar Lumens (XLM) :https://www.binance.com/en/su...

Mark Yusko: "Ripple and Stellar are too centralized"

15 Apr 2020 1 minute read 4 comments DZCRYPTO

Mark Yusko is the CEO of one of the largest hedge funds in cryptocurrencies. And he has expressed in his latest statements that "Ripple and Stellar are too centralized." Morgan Creek Digital rejects the centralized Mark Yusko, CEO of Morgan Creek Dig...

While the Economy is "bleeding" Stock Market is on "Rise".

9 May 2020 1 minute read 3 comments drmudpro

The Economy suffered a major blow and it bleed too bad, and a lot of currencies were affected and investors suffered huge losses. The Non-Farm Payroll showed an increase in UN-employment rate up by 14.7%, and there are higher chances that it will con...

What is the Stellar network based on? FOCUS ON XLM #2

2 May 2020 1 minute read 0 comments Trading Passion

The Stellar network is supported by a network of actors mainly composed of partner companies who take on the role of transaction validators. On August 8, 2019, only 125 nodes are running the network. Of these, 28 are complete nodes that make all of t...

What is Loopring (LRC)?

14 Apr 2020 2 minute read 7 comments Roberto D.

Publish0x has introduced, or is about to introduce, Loopring (LRC) payments, but what is this cryptocurrency? Let's do some clarity.     What is Loopring (LRC)? Loopring is a protocol that allows a decentralized exchange of Erc20 tokens on the Ether...

Another way for quick Earn

30 Mar 2020 1 minute read 5 comments BenKenobi

Another way to earn your first cyptocurrency is to install and use the new Brave browser. This revolutionary browser has as its primary goal the integral protection of your personal data and fights to block advertising, trawlers, popup ads and anythi...

A bit of Binance is added to Brave!

27 Mar 2020 2 minute read 3 comments Roberto D.

Brave has officially announced a new partnership with Binance to bring cryptocurrency trading directly into the browser. To allow this, a new widget has been created, which will be integrated directly into the browser's homepage, so as to make crypto...

Way to quickly accumulate

30 Mar 2020 1 minute read 2 comments BenKenobi

The best way to win your first token is Coinbase Earn. Coinbase lauch this program designed to teach you the basics of how certain cryptomonic systems work. You will watch different technical presentation videos that will be immediately followed by a...

Earn cryptocurrencies while playing

23 Apr 2020 1 minute read 0 comments Boltvitaps

Hello, I am an enthusiast of games and also of cryptocurrencies. Then I came to the conclusion: Why not earn Crypto while playing? Today I come to presenters two of the applications that I use to play and earn crypto. 1. POP STAR It is a simple...

The 5 indispensable tools to manage your cryptocurrencies

16 Mar 2020 5 minute read 12 comments Roberto D.

Cryptocurrencies never sleep, so analysis tools help monitor everything. Everything happens too quickly and keeping track of everything is a real challenge. Volatility is also a factor that keeps you glued to the screen far beyond the physiological l...