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.


This Is Why TRX Will Be A Dominating Force This Super Cycle

13 Sep 2020 2 minute read 13 comments Sapphire

The 2017 Darling If you were in the Crypto space during the last bull run you will remember how Tron basically rose to fame in a matter of weeks. I picked up my first TRX at a fraction of a cent. Tron went on to become one of the best performing alts...

The Final Dump: Get Ready For Opportunities

6 Sep 2020 2 minute read 33 comments Thomas Wolf

Updated 9/7/20 - Pro Tip: When she bottoms out, BAT, Tezos, and XLM will likely have held their worth better than most and Tezos is at a particularly good investment point - unless, of course, Bitcoin is in a nosedive; in which case all bets are off....

Why is it worth investing in crypto?

3 Sep 2020 3 minute read 18 comments Roberto D.

Cryptocurrency is the answer to the global demand to move to a cashless society in the future. It has changed the world in terms of how people work, transact online, and pay for their goods and products. When this new world was born, many people were...

Binance: 7% Cashback of its Visa Crypto card

19 Sep 2020 1 minute read 18 comments Gamma

Binance unveils cashback levels for its Visa crypto card The Binance card will offer a cashback for every purchase made with the card.Here are the cashback amounts that Binance offers you starting at least October 2020 To activate the cashback you mu...

xlm usdt analysis x canal

16 Sep 2020 1 minute read 0 comments @bniv0123

  Hello friends.I wanted to analyze by looking at XLM USDT YE from a different window and an interesting situation came up. analysis window x canal. While the first wing of x appears as a fall channel, we see the other wing as an upward channel. In...

Stellar Lumens (XLM): considerations

15 Sep 2020 2 minute read 0 comments odisseo

Stellar is an open source protocol for exchanging currencies.The technology on which it relies is the blockchain, the name given to the cryptocurrency is the Lumen with the XLM symbol. It can be bought and sold on the most popular cryptocurrency exch...

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...

Tokenize Your Victories on Stellar Blockchain with Litemint

12 Sep 2020 4 minute read 9 comments insidetrader

Blockchain technology and the emergence of cryptocurrencies were not the only innovations that the 2000s brought to our lives. 50 years ago, we reached a time when a mechanical device called a computer was the size of an average room. Now it fits in...

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...

What is Stellar? Stellar XLM Explained Simply | Federated Byzantine Agreement

2 Sep 2020 1 minute read 0 comments Jay Fried

In this video we will take a Simplistic look at the Stellar Consensus Protocol, break down Stellar Lumens XLM, and compare Stellar and Ripple. Tried to make this super easy to understand. What is Stellar? Stellar XLM Explained Simply | Federated Byz...