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.


TOP 5 CRYPTO ANALYSIS

23 May 2020 2 minute read 0 comments drmudpro

There are more than 1000 crypto coins on the market, but only a few will make it in the top contenders. Certain factors will determine the power of a cryptocurrency for it to be on the lead. We are going to take a look at the current top 5:   1. Bitc...

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15 May 2020 3 minute read 15 comments Roberto D.

Today a slightly different article than usual to take stock of the situation on Libra and Ton, the two cryptocurrencies of Facebook and Telegram respectively. Their launch seemed imminent but after more than a year after confirmations and denials, le...

The Central Bank of Ukraine announced that it uses the Stellar protocol for CBDC.

23 May 2020 1 minute read 0 comments Shredderx

The Central Bank of Ukraine announced in an analytical report that the central bank uses the Star Lumens protocol in the pilot project for the digital currency (E-Grivna). A report developed by the Central Bank of Ukraine is a central bank digital cu...

12 The forecast is correct! Here is the New Estimate of Strong Altcoin and the Market.

23 May 2020 1 minute read 0 comments Shredderx

The popular altcoin, known as Stellar, has performed relatively poorly over the past few years. However, according to popular analyst Tony Spilotro, altcoin, which exploded at times during 2020, shows signs of a strong recovery. Now, the asset record...

Why Stellar Lumens Turning More Bullish Than Bitcoin | Is XLM A Good Investment Than BTC?

12 May 2020 3 minute read 8 comments moon333

Hi friend hope you are well today we will try to understand by the Stellar is turning more bullish than Bitcoin as the XLM has recovered more than BTC. If we take a look at the daily chart of XLM then it can be easily observed that after the drop fro...

UK Stocks on FTSE100 Falling as Sufficient information on Covid-19 was not provided.

20 May 2020 1 minute read 0 comments drmudpro

As the Dow Jones soared 1000 points on the opening on 18/05 as there was so much hope on the covid-19 vaccines, but on 19/05 on the closing of US session it fell 400 points almost half of its previous opening but when the markets opened on 20/05 it j...

🔥🔥Crypto Idle Miner Earn HORA token

13 May 2020 2 minute read 5 comments Airdrop Radar

INTRODUCTION: Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginn...

Where to Invest: Stocks or Cryptocurrency?

17 May 2020 1 minute read 0 comments drmudpro

It has been always safe to invest in stocks especially in times like this when the economy is bleeding, people tend to invest in stocks more to avoid the loss in value of their money. Why do Companies offer stocks to the public? When companies are st...

Bulls Meet the Halving

6 May 2020 2 minute read 4 comments Thomas Wolf

We are seeing an avid bull market with cryptocurrencies currently, which is overall very impressive in the face of a global pandemic.As you can see even after a large dip down to $9,135 this morning, Bitcoin is holding strong above $9,250:I see a bul...

🔥🔥Free ETN MOBILE MINNING. 1 ETN Value Today 0,01056 USD. UP UP UP! Mining ETN While Sleeping

13 May 2020 1 minute read 3 comments Airdrop Radar

INTRODUCTION: Electroneum is the first mobile based cryptocurrency. It's a cryptocurrency just like Bitcoin or Ethereum that you can easily mine for free on your smartphone.Obtaining Bitcoin or Ethereum is relatively difficult, but we’ve made Electro...