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.


Crypto opportunities available this week (SXP, Celo,LINK, ZEC, XLM)

9 Sep 2020 2 minute read 20 comments PVMihalache

Even if the market is down, there are plenty of opportunities to grow the crypto portfolio. Earn Swipe (SXP) on Binance by holding Binance Coin (BNB). Over $16 million worth of Swipe (SXP) will be shared for 12 weeks, approximately 333,333 allocated...

XLM USD BTC How durable

7 Sep 2020 1 minute read 2 comments @bniv0123

  dear readers. What about xlm's status?I want to explain with a joke that summarizes the current state of xlm. ......Once a man started swimming in the sea to get to a distant place for days, said I was tired when he was about to reach his destinat...

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...

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...

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...

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...

How to Make some Money

29 Aug 2020 4 minute read 6 comments Yaki Moto

Hey, I got the memo. Money can’t buy happiness. But boy does it buy us freedom, early retirement, food we love, clothes we want, our dream house, travel anywhere we want, and you can add more to the list. All of us just really want to know how to mak...

Stellar Lumens XLM Is This Drop A Bear Trap Or Correction For New Rally ??? Watch Detailed Analysis

29 Aug 2020 4 minute read 1 comment moon333

Hey friend, hope you are well and welcome to the new update on Stellar coin.  First of all, I would like to reply to the people who most of the time ask me what can be the best place to buy or trade the Stellar coin. If you visit the coinmarketcap th...