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.


What to do when the Stock Market Crashes?

7 hours ago 1 minute read 0 comments Mabla

Almost every business is bound to collapse in the long run that is why a company can be declared bankrupt yet maybe it was performing very well. There are so many reasons which can lead to the collapse, some are beyond control. The causes of collapse...

Stellar Lumens (XLM)| Everything you need to know before investing in XLMs

12 hours ago 3 minute read 0 comments NassiroV

With an increase of 28,000% in 2017, the cryptocurrency Stellar Lumens is currently one of the top 10 cryptocurrencies, but is above all in our eyes a promising cryptocurrency for the project it proposes and the advances already observable. Image So...

According to the creator of Ethereum, the uses of cryptocurrencies go far beyond the world of finance

22 hours ago 2 minute read 0 comments Roberto D.

Vitalik Buterin, co-founder of Ethereum (ETH), said on Twitter that the current financial crisis is very different from that of 2008 which led to the birth of Bitcoin. The crisis of 2020 and that of 2008 are not comparable According to the creator o...

Stellar: fasten your seat belts, maybe a rally of 50% or more

4 Jun 2020 1 minute read 1 comment World Crypto

The Stellar (XLM) course has probably launched a new bullish trend. A breakdown of the current resistance level should accelerate the growth rate of both XLM / BTC and XLM / USD. The popular crypto community trader Posty (@PostyXBT) informed its rea...

Using Supply and Demand to make Money in Crypto Markets and Forex Markets?

4 Jun 2020 1 minute read 0 comments Mabla

Whether you are trading in the Crypto market, Forex market or Stock market you must be able to know the support and resistance levels, then you should know the supply and demand zones. Financial and Crypto market are not a gamble so you have to know...

Bitcoin automated teller machines next target for regulators?

4 Jun 2020 1 minute read 2 comments Panzer

Germany, Spain and the United States are all cracking down on bitcoin ATMs, both for tax and to prevent money laundry. The crypto teller machines allow users to buy and sell cryptocurrency. They can also work in remittances, allowing transactions bet...

The Trading Stratagies you must know before using Trading Bots

4 Jun 2020 2 minute read 0 comments cracken

Crypto trading bots had grown to be the freshest topic in the various of millions of crypto coins users across the world.  In recent years, many agencies and man or woman buyers have dipped their toes into this charming marketplace in order to perfor...

What is DAI & what makes it a good coin?

3 Jun 2020 1 minute read 0 comments Mabla

It is a decentralized stable coin and it operate on Ethereum blockchain which makes it stable and maintains its price of $1 per coin. It is almost the same as USDT but the only difference is that it is not backed by any fiat traditional currency e.g....

Bitcoin Breaks $10,000

2 Jun 2020 3 minute read 6 comments Thomas Wolf

Updated at 10 AM CTZ below the initial post. This morning Bitcoin spiked up from $9,570 USD to $10,200 USD.  This is a huge movement in the current market climate, given the COVID-19 pandemic and economies all over the world (primarily the US) are f...

Full List of 2020 Stellar (XLM) Partnerships, Integrations, And Collaborations

2 Jun 2020 7 minute read 2 comments list3r

Stellar is one of the top altcoins that has been around since many years ago. Co-founded by Jed McCaleb, Stellar easily rose to fame in 2017, the same year where the cryptocurrency market reached its peak bull market. For your information, Jed McCal...