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

Stellar Lumens (XLM)

237 Articles 1110 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 Gemini cryptocurrency exchange hires a new compliance officer in Europe

29 Jan 2020 1 minute read 1 comment Roberto D.

With a press release released a few hours ago Gemini, the US-based cryptocurrency exchange founded by the twins Winklevoss, said that it had hired Blair Halliday to head the office that will take care of European compliance and monitoring of cash flo...

The first Swiss private banking group launches a cryptocurrency custody and negotiation service

28 Jan 2020 1 minute read 2 comments Roberto D.

Julius Baer, ​​the first Swiss banking group in the field of wealth management (deals exclusively with private banking and managed savings for private and institutional customers) with a portfolio of 320 billion Swiss francs, has launched a cryptocur...

Japan's majority party will propose the introduction of a state cryptocurrency

25 Jan 2020 1 minute read 2 comments Roberto D.

Reuters, with an article published a few hours ago, reports that the ruling party in Japan intends to propose the issue of a digital state currency; about 70 MPs from the majority party are promoters of the proposal for the launch of a digital Yen. T...

Volatility and Correlation - A view of the past with a vision of the future

24 Jan 2020 4 minute read 1 comment Guillermo Escudero

In this market article we will discuss a concept that is heard a lot in financial markets and even more in the crypto ecosystem, which are volatility and correlation. We will see how volatile Bitcoin is making a comparison with three other crypto kno...

Institutional Adoption News: Grayscale Bitcoin Trust Becomes SEC Reporting Company

21 Jan 2020 1 minute read 0 comments zogintl

Today the Digital asset space has taken another step in its legitimacy among institutional investors. OVERVIEW:  Grayscale Investments , the world’s largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust* (OTCQX: GBTC) (the “...

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...

Binance announced a permanent contract for XLM

19 Jan 2020 1 minute read 5 comments Blockchain

The latest information I received today on January 19, 2020 about Binance will launch a permanent contract signing for XLM / USDT and the open trade was announced at 3pm (  hours in my country )   on January 20. / 2020. Over the past few weeks, Binan...

Friends win with sports games

18 Jan 2020 1 minute read 0 comments lancelot7

Hello my friends nowadays the internet and technology took us by the hand in such a way that we have to walk with it or we are left and forgotten in the time of the stone. I say this because the global resession of the economies is already a fact and...

I recommended the Bitcoin SV right shot.

15 Jan 2020 1 minute read 3 comments lancelot7

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...

Why cryptocurrencies will change the travel industry?

14 Jan 2020 1 minute read 1 comment utaini

While cryptocurrencies (with Bitcoin at first place) become mainstream, I tell you how things will change in the tourism industry. In this case, we have not to consider cryptos like a way to invest, but mostly a way of payment. If you work in the tra...