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.


Effects of Covid-19 on Tax Payers & Companies.

2 Jun 2020 1 minute read 2 comments Mabla

The Covid-19 pandemic came out of surprise and people were not even ready and when it started people just thot maybe it will end soon. But later on people realized the damage it caused and now we are anticipating what will happen sooner or later. Lo...

Forex Market vs Stock Market

1 Jun 2020 1 minute read 0 comments Mabla

Under Financial market, markets are categorized depending on assets traded and size. Shares, bonds, securities and derivatives are also traded on the Fin markets and those traded assets are offered by different exchanges e.g WALL Street trades mainly...

Bitcoin @ $100,000, Impossible or Inevitable?

1 Jun 2020 2 minute read 15 comments Thomas Wolf

In a recent article on Forbes "Bitcoin Could Be About To Surge To $100,000 After Stock-To-Flow Update Revealed" by Billy Bambrough, Bambrough discusses the struggle for Bitcoin to reach and hold $10,000 as well as how cryptocurrencies are one of the...

South Korea to start taxing profits on cryptocurrencies?

1 Jun 2020 1 minute read 0 comments Panzer

As already in many countries a tax on cryptocurrencies might soon be a reality in South Korea.  The taxation will apply not only to profits made from trading but also to bitcoin mining operations and income from initial coin offerings.  But the new l...

Cryptocurrency Updates - 31/05/2020

31 May 2020 1 minute read 0 comments Gamer Boy1110

Ripple and Litecoin are Listed on Timex Exchange   XRP/USTD Chart XRP/USTD: https://timex.io/private/trading/xrpusdt XRP/AUDT: https://timex.io/private/trading/XRPAUDT   LTC/USTD Chart LTC/USTD: https://timex.io/private/trading/LTCUSDT LTC/AUTD: ht...

Brave Browser launches Brave Togheter to make video calls

28 May 2020 2 minute read 9 comments Roberto D.

The Brave browser launches the video calling system "Brave Together", and thus places itself in direct competition with industry apps such as Zoom, but also Facebook, Whatsapp, Skype etc. The news was announced via Twitter: The service is currently...

Earn over $152 in crypto in Coinbase

24 May 2020 1 minute read 12 comments aflyn

Whether you already have an account with coinbase or not, coinbase has rolled out an attractive program where you learn about how certain cryptocurrencies work. You are invited to learn about specific Cryptocurrencies and earn along the way. HOW DOE...

The EOS project and a good way to get started.

19 May 2020 1 minute read 0 comments Panzer

The EOS project was launched back in June 2018 and it has about a billion tokens in circulation. EOS differs from Ethereum in that it operates on a delegated Proof-of-Stake consensus protocol. The token itself is used in on-chain governance and user...

Cryptocurrency Updates - 18/05/2020

18 May 2020 1 minute read 0 comments Gamer Boy1110

1. Stellar Tokens Made Easier From Today - Stellarmint.io launched from today. You can create token on stellar network in easy way, After you define the attributes of your token and we’ll issue that token directly to your stellar  https://stellarmin...

Cryptocurrency Updates - 16/05/2020

16 May 2020 1 minute read 0 comments Gamer Boy1110

Bitcoin Released Bitcoin Core Version 0.20.0 rc2 Tree-SHA512: c1bb2b3fb772704ab0266a30011869cb326608b731b1c7feaea107e1cbd0e67f7cf500ca4be36c705d8a3e6d7fcf324c52c062164d6ba315fbf0b99eed362b76 Download V0.20.0 - rc2 Here:     EOSIO Smart Smart Contrac...