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.


Tokenize Your Victories on Stellar Blockchain with Litemint

12 Sep 2020 4 minute read 9 comments insidetrader

Blockchain technology and the emergence of cryptocurrencies were not the only innovations that the 2000s brought to our lives. 50 years ago, we reached a time when a mechanical device called a computer was the size of an average room. Now it fits in...

How Cryptocurrencies have value ?

11 Sep 2020 2 minute read 0 comments mummyrio

Bitcoin is about 10 k USD. Ethereum is around 200-300. That is the value of cryptocurrencies to USD. What is the real value of cryptocurrency? Where is it from? There are hundreds of new cryptocurrency every months. Now the most popular is defi. I do...

The Market is Down - Time to Reinvest!

27 Aug 2020 3 minute read 54 comments Thomas Wolf

Update 8-28-20 @ 1:30 PM - I bought in at $3.19 and $3.12 yesterday.  Currently, I am in a profit range with Tezos despite a lot of nay-saying. The only stable thing in a volatile market is uncertainty.If you are not comfortable doing this with your...

Crypto opportunities available this week (SXP, Celo,LINK, ZEC, XLM)

9 Sep 2020 2 minute read 20 comments PVMihalache

Even if the market is down, there are plenty of opportunities to grow the crypto portfolio. Earn Swipe (SXP) on Binance by holding Binance Coin (BNB). Over $16 million worth of Swipe (SXP) will be shared for 12 weeks, approximately 333,333 allocated...

Understanding Regulations in Cryptocurrency Exchanges

11 Sep 2020 2 minute read 1 comment CryptoReportWriter

The various attributes of cryptocurrencies have created a number of regulatory bottlenecks that have prevented governments and economies to control traders. In a nutshell, the only way that crypto exchanges can be truly regulated is if the sectors wo...

Stellar: $550,000 investment in SatoshiPay

9 Sep 2020 1 minute read 2 comments Gamma

An investment, a donation or a loan? SatoshiPay offers cross-border money transfer and instant micropayment services on the blockchain. SatoshiPay's goal is to make blockchain transactions in a matter of seconds. but do not see it as a donation from...

XLM USD BTC How durable

7 Sep 2020 1 minute read 2 comments @bniv0123

  dear readers. What about xlm's status?I want to explain with a joke that summarizes the current state of xlm. ......Once a man started swimming in the sea to get to a distant place for days, said I was tired when he was about to reach his destinat...

Long term altcoins portfolio

17 Sep 2020 2 minute read 4 comments odisseo

There are now thousands of digital assets listed on the various exchanges. Let's take as a reference a new user who decides to approach this world and suppose that he wanted to have, on some digital assets, a long-term strategic exposure. Which of th...

The easiest guide to get the most out of Brave

8 May 2020 7 minute read 32 comments Roberto D.

The Brave browser grows in notoriety because it respects privacy, but also because it gives the opportunity to earn BAT tokens, the browser's native cryptocurrency. Let's find out how to best use it. Please note: Whenever I write "Brave Browser" in t...

PayPal will support cryptocurrencies, is it important?

25 Jun 2020 2 minute read 12 comments Roberto D.

The news is a few days ago but I preferred to wait to find out a bit more and to avoid a possible denial that would have made the article useless, however it seems (almost) certain that Paypal will integrate support for cryptocurrencies, but how? Acc...