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.


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...

Should we invest in XLM? - FOCUS ON XLM #4

2 May 2020 1 minute read 1 comment Trading Passion

When you buy XLM, you are not buying shares of the Stellar platform but rather the native assets of the platform which is mainly used to pay the transaction costs of the platform, fees which are close to zero. XLM is not intended to be a store of val...

What is the Stellar network based on? FOCUS ON XLM #2

2 May 2020 1 minute read 0 comments Trading Passion

The Stellar network is supported by a network of actors mainly composed of partner companies who take on the role of transaction validators. On August 8, 2019, only 125 nodes are running the network. Of these, 28 are complete nodes that make all of t...

The Destination Tag Is Not Always Optional To Send Ripple XRP Or Stellar XLM To A Wallet Or Exchange

5 Mar 2020 3 minute read 8 comments Smoljanovic

The Destination Tag Is Not Always Optional To Send Ripple XRP Or Stellar XLM To A Wallet Or Exchange It is never a good idea to let a large amount of cryptocurrency sit on any centralized exchange.  I decided to do some crypto-housekeeping shortly a...

Stellar against Ripple -FOCUS ON XLM #3

2 May 2020 1 minute read 0 comments Trading Passion

Stellar Lumens is close to Ripple in its design but differs in many points. First, the organization responsible for developing the network is a foundation, not a company like Ripple. It is responsible for distributing the 100 billion XLMs created ini...

The Stellar Lumens (XLM) HODL Experiment

23 Mar 2020 3 minute read 5 comments Thomas Wolf

This article contains updates below.  The latest is 5-22-2020.After writing an article about the potential Stellar has for exponential gain I took a look at the market moments ago and finally it was down a reasonable amount, so it was time to buy som...

Stellar ( XLM ) SHORT Term Prediction

7 May 2020 1 minute read 0 comments skyislimit

Look at what we talked before about XLM last time"It is still trading over ascending trend line and today volume was down little but it is still fair amount volume push the price to the resistance level of $0.07250 level and rejected. During the day...

Cryptocurrency Updates - 10/05/2020

10 May 2020 1 minute read 0 comments Gamer boy1110

Stellar go Released Horizon Version 1.2.2 This is Bug Fix Release Download:     Zcoin (XZC) Released Electrum wallet version 3.3.8 - Addition 4   This is release is with Fixed Some issues  Download:   PIVX Released Core Version 4.1.0     This is U...

Stellar (XLM) Review 2020

29 Apr 2020 6 minute read 12 comments ChangeNOW

Stellar Lumens (XLM) is a decentralized crypto-based project that aims to make money move like emails. Its network has attracted the remittances world to move towards a space in which the position of sovereign currencies declined in favor of virtual...

Why Learning is more important than Earning ?

26 Apr 2020 2 minute read 3 comments OshO

All over the internet you can find tutorials about how to earn crypto easily. Most of the time, the only thing that you are going to do is waste your time. Doing faucets is the most common way to earn cryptos online. But what is it and why would they...