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 Lumens XLM Can Move Up Soon From The Support Of Wedge

12 Sep 2020 4 minute read 1 comment moon333

Hey, friends hope you are well and welcome to the new update on Stellar coin. In my previous article, we have seen that the XLM was having the strong support of 100 simple moving average, then the priceline started a more bearish move and at this tim...

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...

Bitcoin approaches the bottom only to rise?

11 Sep 2020 2 minute read 12 comments Roberto D.

Bitcoin in the last 7 days has lost about 12% of its value (it is an article and the value always varies, if it is not 12% when you read it please don't stone me ..) and it seems to have lost that push that he had pulled it in the last few months. 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...

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...

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...

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...

Stellar Consensus: A Decentralized Payment Protocol

7 Sep 2020 4 minute read 5 comments MintDice.com

Stellar Lumen is a platform that aims to integrate decentralized ledger technology with the existing financial infrastructure by decentralizing the entire process. It is the seventh largest cryptocurrency with a market cap of more than $3 billion, an...

The Final Dump: Get Ready For Opportunities

6 Sep 2020 2 minute read 33 comments Thomas Wolf

Updated 9/7/20 - Pro Tip: When she bottoms out, BAT, Tezos, and XLM will likely have held their worth better than most and Tezos is at a particularly good investment point - unless, of course, Bitcoin is in a nosedive; in which case all bets are off....

Why is it worth investing in crypto?

3 Sep 2020 3 minute read 18 comments Roberto D.

Cryptocurrency is the answer to the global demand to move to a cashless society in the future. It has changed the world in terms of how people work, transact online, and pay for their goods and products. When this new world was born, many people were...