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.


TOP 4 cryptocurrency news from the past week (BAT, ADA, XLM, XRP and LTC)

18 Apr 2020 2 minute read 5 comments Call me Steven

The cryptocurrency world is moving at a stupendous speed. Let's go through the top crypto news for BAT, ADA, XLM, LTC and XRP from the last week.   4. GMO Coin exchange announced BAT lending 7 days ago, the Japanese cryptocurrency trading giant - GMO...

Crypto or fiat? The most used method for laundering money

24 Aug 2020 9 minute read 25 comments Roberto D.

According to a United Nations report, money laundering costs the global economy between $ 800 billion and $ 2 trillion each year.These figures amount to 2% -5% of the global gross domestic product. Today, more than 90% of money laundering goes unnoti...

Ethereum 2.0: The launch could be very close

27 Jul 2020 1 minute read 2 comments Roberto D.

After the well-known delays in the introduction of Ethereum 2.0, it is no secret that the Ethereum community is becoming increasingly restless in waiting. A recent public debate on the topic has meant that the Ethereum Foundation researcher, Justin D...

Deligate - Earn Etherium/Nano By Doing Easy Task - Follow , Like, Retweet

25 Apr 2020 1 minute read 7 comments Sajib Chy

Hi guys, I am going to share a awesome telegram bot where you can earn 1 to 5$ Daily. Earning with Deligate is simple - just select a task, complete it and get rewarded. For this, You need a telegram account - By which you registered with Deligate ,...

How I earned $10 of free EOS

27 Aug 2020 1 minute read 15 comments TurboBurger

I recently signed up to Coinbase.com on the promise of receiving more than 100 dollars-worth of free EOS, Stellar Lumens and Compound cryptocurrency. True to their word, I today received an email from Coinbase with an initial offer of 10 dollars-wort...

Monero Mining Smartphone with ASIC integrated [UPDATE]

11 Apr 2020 2 minute read 42 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...

Stellar Lumens XLM Can Move Up Soon From The Support Of Wedge

12 Sep 2020 4 minute read 1 comment moon333

Hey, friends hope you are well and welcome to the new update on Stellar coin. In my previous article, we have seen that the XLM was having the strong support of 100 simple moving average, then the priceline started a more bearish move and at this tim...

Stellar Consensus: A Decentralized Payment Protocol

7 Sep 2020 4 minute read 5 comments MintDice.com

Stellar Lumen is a platform that aims to integrate decentralized ledger technology with the existing financial infrastructure by decentralizing the entire process. It is the seventh largest cryptocurrency with a market cap of more than $3 billion, an...

Etheriums Current and Future Functionality Called into Question

1 Sep 2020 2 minute read 5 comments Cje95

While we all await the rollout and transition to ETH 2.0 I could not help but look at the state of Ethereum right now and wonder if ETH 2.0 will roll out in time to help save the network. I am by NO means saying Ethereum is going to collapse, fall ap...

Stellar Lumens' chart and fundamental analysis

1 Sep 2020 1 minute read 2 comments Emad

Stellar Lumens has recently released SEP-30 wallet recovery. well, I don't want to dive in technical issues here but honestly I posted some concerns on their forums... I will update some conclusions here if I found them interesting. but let's get in...