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

Stellar Lumens (XLM)

423 Articles 1650 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.


The Market Dropped: Time to Buy in Again

28 Jun 2020 2 minute read 15 comments Thomas Wolf

It's been an odd day in the market, and not for the positive - unless you were looking to invest.Things were looking great, I went fishing, took a dirt-nap and woke up to a nice set of losses in my portfolios.  Luckily, I am far from done investing a...

Bitcoin, BAT, XTZ, Nano and Why I Care

17 Jun 2020 3 minute read 17 comments Thomas Wolf

Nothing like an unprecedented time for an interesting time.I have decided to put most altcoins on the back burner but I wanted to discuss my loyalties with the handful that remain.Bitcoin should require no explanation but I think it's fair to say it'...

PayPal will support cryptocurrencies, is it important?

25 Jun 2020 2 minute read 12 comments Roberto D.

The news is a few days ago but I preferred to wait to find out a bit more and to avoid a possible denial that would have made the article useless, however it seems (almost) certain that Paypal will integrate support for cryptocurrencies, but how? Acc...

Stellar Lumens XLM | A Possible Bull Reversal

20 Jun 2020 2 minute read 2 comments moon333

Hi friends hope you are doing well and welcome to the new update on Stellar. As after hitting the resistance of channel the XLM has dropped more than 24%. Therefore in today's article we will try to understand what the price action can do next.   Bea...

What will happen to the crypto world from today to 2025?

9 Jul 2020 3 minute read 11 comments Roberto D.

A new study goes back to talking about cryptocurrency growth forecasts. According to a Crypto Research Report, Bitcoin could reach $ 20,000 by the end of 2020, but this time the analysis is not based on technical analysis, but on fundamental analysis...

Akon’s Crypto City Zeroing on Senegal — Akoin and the Aftermath

22 Jun 2020 3 minute read 4 comments cryptomagis

The versatile singer and rapper Akon is not a new name to every household by any means. The man has been a source of inspiration for many Africans across the globe, especially the African-American share of the population. His contribution to the deve...

The Story of Jed McCaleb

14 Jun 2020 8 minute read 2 comments Zenthereum

Most of us know the name Jed McCaleb as he is the founder and current CTO (Chief Technology Officer) of Stellar. Besides Stellar he has a very interesting Curriculum which most people don't know about and will be surprised to find out.No, he is not S...

Stellar Lumens XLM | Bearish Reversal VS Bullish Reversal Signal

8 Jul 2020 2 minute read 2 comments moon333

Hi friends hope you are well and welcome to the new update on XLM. In my previous article I told you that the Stellar is going to start the formation of the right shoulder at this time the price action is moved up and started the formation of the exp...

5 things to know before investing in cryptocurrencies

1 Jul 2020 4 minute read 9 comments Roberto D.

Before investing in crypto, there are 5 things you need to know (and do) to not lose your funds. Unlike Fiat currencies (read: euros, dollars, pounds, etc.) if your cryptocurrencies are stolen there is no one to ask for help, but let's go in order. T...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 5 comments trebol11

Nexo.io lets you put your crypto to work by earning you daily interest payments. It is a cryptocurrency project developed by a reputable, long-standing, and large FinTech company. Nexo launched in 2018. Just seven months after its launch, Nexo establ...