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.


Ripple (XRP) vs Stellar (XLM) - The Key Differences You Should Know

6 days ago 5 minute read Gustas_X_R_P $7.99 tipped

Over the past week or so, I’ve been comparing Ripple and other tokens (just Bitcoin and Ethereum to start with), and how it could fit into someone’s investment portfolio.  With Ripple, Bitcoin and Ethereum, it’s quite obvious to me that if you’re ser...

Is Ripple's XRP a Good Investment? In-depth Analysis and Near to Longer-Term Expectations.

2 weeks ago 8 minute read CryptoBoomer $7.30 tipped

The Ripple Protocol and the XRP Token. Ripple is a different flavor of a crypto-ledger implementation that is geared towards servicing the banking and financial industries in facilitating fast, cheap cross-border payments and remittances across any...

IBM to Use STR Coin on Stellar Blockchain

2 weeks ago 5 minute read MintDice $0.19 tipped

IBM recently announced that it has developed a blockchain platform for banks to facilitate rapid clearing and settlement of global payment transactions. According to Bridget Van Kralingen, senior vice president of IBM Industry Platforms, the corporat...

3 Best Decentralized Crypto Exchanges You Can Invest In and Profit From Today

3 weeks ago 7 minute read Jeremy Wall $9.49 tipped

If you’ve invested in cryptocurrencies or have at least followed this industry for some time, you’ve probably come to realize the massive potential and opportunity crypto and blockchain technologies present. It’s probably evident to you that this inn...

How To Claim $500 in Free Stellar Lumens XLM Air Drop!

2 weeks ago 2 minute read CryptoStalker $0.18 tipped

Surprise!  If you have a GitHub account, you are now $500 richer! Assuming you created your GitHub account BEFORE september 19, 2019,  then you automatically qualify for a FREE Air Drop of XLM Stellar Lumens,  worth about $60 per month,  for 20 month...

Is "LISK" Dying Cryptocurrency ?

12 Sep 2019 3 minute read Cryptoram $0.25 tipped

                               WHAT IS LISK   Lisk is right now the 48th on coinmarketcap its a platform for decentralized applications to launch on top of so lisk is competing with projects like EOS and ethereum and neo and tron all of the all the b...

Stellar removes inflaction system from blockchain

2 weeks ago 1 minute read CryptoArgha $0.20 tipped

  Crypto backed banking protocol project stellar announced to removed its inflaction feature   Recently stellar developer foundation (sdf) announced on a blogpost that they will remove their inflaction system on a next update   SDF included on that p...

Bitmex Faces New Competitor.

3 weeks ago 1 minute read Cryptoram $0.22 tipped

If you have a look at bitmex and the website visits you can clearly see over the last 90 days people are less and less interested in bitmex or less and less people are actually trading on bitmex.   But if we go over to Bybit right now which is a...

I Have To Admit It, I Really, (Really) Like the Stellar Lumens Vision and Projects

4 weeks ago 2 minute read Cryptolohy $3.34 tipped

Not everything on this life is about money, just like having a pet dog that you might like because of a specific funny trait even though it barks violently at strangers and is a health hazard, sometimes you just have to go with the flow, in my case,...

Keybase + Stellar Lumens MEGA Airdrop! (20 USD approx)

10 Sep 2019 1 minute read Cryptolohy $0.02 tipped

This is just a quick note to notify you to create a Keybase account if you don't have one yet, since the Stellar Lumens foundation gave 2 billion Lumens (approximately 117 million USD) to Keybase, to dispersed it equally among the Keybase users every...