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.


Stellar ( XLM ) short term prediction UPDATE

12 Apr 2020 1 minute read 3 comments skyislimit

Not every coin in the market is going down with BTC, XLM is an exception on this XLM  / USDT Daily Chart Volume is up on XLM and support is strong at $0.048. Resistance is $0.051 level and sideways at the moment, If it can reach to resistance point t...

Monero Mining Smartphone with ASIC integrated

11 Apr 2020 2 minute read 41 comments BenKenobi

HTC has just unveiled its latest smartphone capable of mining Monero. HTC has partnered with Midas Labs, an ASIC chip design company, to equip their special blockchain smartphone called "Exodus 1S". This smartphone will be able to mine directly from...

Bitcoin: A new gold standard ?

10 Apr 2020 1 minute read 3 comments Gamma

BTC at $100,000 in the year 2020 ? In the face of this crisis, the world's economies will have two choices: to face high inflation, or to reduce the intrinsic value of their currencies by themselves, once this wall is reached. If they choose this opt...

Coinbase and Visa: Payment in cryptocurrencies

10 Apr 2020 1 minute read 0 comments Gamma

Visa and Coinbase are taking a step forward in this regard, placing the cryptocurrency exchange among the core members of the Visa network. This merger will allow an in-depth review of the debit card initially proposed by Coinbase. The news should so...

Top rules of Crypto Trading

9 Apr 2020 1 minute read 0 comments EdwinK

Being invested almost three years in the cryptomarket I've learned a lot. New players in the cryptospace can learn from my mistakes and take the following rules as my advice: 1. Only invest what you can loose (the cryptomarket is very very volitile m...

The Stellar (XLM) Has Formed Bearish BAT | Be Ready For The Possible Drop

9 Apr 2020 1 minute read 4 comments moon333

Formation of bearish BAT: This time on daily chart the price action of Stellar (XLM) with Bitcoin pair has formed bearish harmonic BAT pattern and entered in potential reversal zone. There priceline also has found 200 simple moving average resistance...

My short term XRP prediction UPDATE 4/09/2020

9 Apr 2020 1 minute read 0 comments skyislimit

Look at what we said before "As we said before as long as we are over ascending line then the price will go up slowly. Our support now is this ascending line and resistance stays at $0.2050, but meantime we may see some lover action until reach to re...

BITCOIN CASH ( BCH ) my short term prediction UPDATE

8 Apr 2020 1 minute read 1 comment skyislimit

Let's look at what we said before "Our support stays at $215 level and looks strong support. BTC looks week overall due to low market interest at the moment as the rest of the market but still, it is going up slowly. Volume is picking up but not enou...

Stellar ( XLM ) short term prediction UPDATE 4/08/2020

8 Apr 2020 1 minute read 2 comments skyislimit

First, we look at what we said before "Support stays at $0.040 level . Volume was up 3 days in a row and it was following BTC prices and going up but today again following BTC and volume is still up but prices started going down. Resistance stays at...

CryptoCoin Predictions Series short term CARDANO ( ADA ) UPDATE 04/07/2020

7 Apr 2020 1 minute read 0 comments skyislimit

Let see what we said last time "The last 4 days volume up ad price is going up slightly too. Our Support stays at $0.029 level and of course always possible retest to these levels too. Resistance stays at $0.0335 and the next one stays at $0.035. In...