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 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...

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...

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

What I've Learned About Stellar and Ripple in Just One Month

17 Jun 2021 2 minute read 1 comment Woodworth

When I got into cryptocurrency I started with Coinbase.  What I found fun was watching a few videos on Coinbase and getting a little free crypto.  One that I earned was Stellar Lumens.  After earning a variety from their videos, I started digging dee...

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...

Why you should think about buying XLM or ALGO now

25 May 2021 1 minute read 0 comments carlaincomin

During the recent crash many altcoins lost over 50% of their value in just a few days. Now it seems like we are in a phase of recovering and consolidation and most of these coins - for example MATIC or Cardano - jumped back to their value before the...

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...

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...

Buy The Dips

23 May 2021 1 minute read 0 comments Betsy Malone

Hey guys, What a week in crypto!  Hope you are staying safe.  I had to share some charts of my favorite cryptocurrencies and what I'm seeing on this major pullback as possible entry points or a place to add to your portfolio.      Here are some favor...

Basic Attention Token (BAT) - My #1 Bet & Why

20 Aug 2020 3 minute read 64 comments Thomas Wolf

Basic Attention Token (BAT) arguably has the strongest following of any cryptocurrency created in the last three years since its launch in 2017.I would call it third only to Bitcoin (BTC) and Ethereum (ETH), regardless of what the numbers say at this...